Edexcel A Level Economics A Paper 3: Microeconomics and macroeconomics June 2022 question paper 9EC0/03

Using the information provided, explain one externality that arises in the food delivery market.

With reference to Extract B, examine whether the demand for delivered food is price inelastic and income elastic.

With reference to Extract C, discuss the likely effects of increasing integration within the food delivery market.

EITHER

Evaluate the microeconomic and macroeconomic effects of a depreciation of the pound. Refer to restaurants or other food delivery services in your answer.

Evaluate the microeconomic and macroeconomic effects of significant increases in the minimum wage. Refer to restaurants or other food delivery services in your answer.

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Explain what is meant by the Lewis model. Refer to Extract D in your answer.

Examine two demographic factors influencing development in Kenya.

Using the example of cut flowers (Extract F), discuss how the concept of absolute advantage may lead to growth in Kenya. Use numerical or diagrammatic analysis in your answer.

EITHER

Evaluate the microeconomic and macroeconomic effects of decreasing interest rates in Kenya, or another developing country of your choice.

Evaluate the microeconomic and macroeconomic strategies that could be used to promote development in Kenya, or another developing country of your choice.

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