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Economics A · Edexcel 9EC0 · Paper 1: Markets and business behaviour · November 2021

Edexcel A Level Economics A Paper 1: Markets and business behaviour November 2021 examiner report (9EC0/01)

2h 100 marks

Examiner report

  1. Q1 - 5 marks - Supply of labour, Wage determination
  2. Q2 - 5 marks - Price determination and market equilibrium
  3. Q3 - 5 marks
  4. Q4 - 5 marks - Business objectives
  5. Q5 - 5 marks - Normal and supernormal profit
  6. Q6 - 50 marks - Costs of production, Externalities, Government intervention in markets, Normal and supernormal profit, Sizes and types of firms
  7. Q7 - 25 marks - Wage determination
  8. Q8 - 25 marks - Monopoly, Oligopoly