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Cambridge & Pearson Edexcel Past Paper Questions

Browse 35,704 questions from Cambridge O-Level & A-Level and Pearson Edexcel IGCSE & IAL exams. Click any question to practice.

O-LevelEconomicsGovernment and the macroeconomyMay/June 2017

What is meant by deflation?

O-LevelEconomicsEconomic developmentMay/June 2017

What is the change in GDP per head, after taking account of price increases (real change), between 2000 and 2013? [Table 23.1]

O-LevelEconomicsEconomic developmentMay/June 2017

Which statement about the poorest families in developing economies is not likely to be correct?

O-LevelEconomicsEconomic developmentMay/June 2017

The diagram shows population projections until the year 2075 for selected areas. [Figure 25.1] Assuming no migration, which situation must exist if...

O-LevelEconomicsEconomic developmentMay/June 2017

The table shows information about four countries. Which country is likely to be least developed? [Table 26.1]

O-LevelEconomicsInternational trade and globalisationMay/June 2017

What might encourage international specialisation between countries?

O-LevelEconomicsInternational trade and globalisationMay/June 2017

In 2015, Russia banned the imports of food, such as milk, from the European Union (EU). Which outcomes are most likely to happen as a result? [Tabl...

O-LevelEconomicsInternational trade and globalisationMay/June 2017

In 2010, Vietnam experienced a deficit in the value of its trade in goods (visible) despite exporting a greater number of goods than it imported. W...

O-LevelEconomicsThe basic economic problemMay/June 2017

The New Suez Canal In August 2015 the Egyptian Government opened a second Suez Canal, alongside the original canal, to enable more and larger ships...

O-LevelEconomicsThe allocation of resourcesMay/June 2017

Sales of bottled water in China doubled between 2010 and 2015. In 2013 China overtook the USA as the biggest market for water by volume, but not va...

O-LevelEconomicsMicroeconomic decision makersMay/June 2017

Money and banking are closely linked. Money performs a number of functions, including being a standard for deferred payments, and it is used to pay...

O-LevelEconomicsEconomic developmentMay/June 2017

In 2012 oil was discovered in Kenya, but in 2014 an American firm stopped its plans to explore for oil in the Arabuko Sokoke forest in the country....

O-LevelEconomicsInternational trade and globalisationMay/June 2017

In June 2015 the value of the Swiss franc rose by 30% against the euro. The countries that Switzerland exports to are changing. Exports to the USA,...

O-LevelEconomicsEconomic developmentMay/June 2017

Japan's birth rate is falling. Its population is ageing, and declining at a faster rate than any other country's population. This has an impact on ...

O-LevelEconomicsGovernment and the macroeconomyMay/June 2017

In recent years there has been an increase in prices in Mexico. Indirect taxes have also been increased. Bus fares and food have become more expens...

O-LevelEconomicsEconomic developmentMay/June 2017

Mining diamonds in Botswana Botswana is the world's largest producer of diamonds. Indeed, in 2015 diamonds accounted for a third of the country's ...

O-LevelEconomicsThe allocation of resourcesMay/June 2017

Indonesia's output is influenced by its factors of production. A production possibility curve diagram can be used to show this relationship between...

O-LevelEconomicsMicroeconomic decision makersMay/June 2017

In 2015 some German commercial banks reduced their already very low interest rates on deposit accounts. The German Government was hoping that such ...

O-LevelEconomicsGovernment and the macroeconomyMay/June 2017

More people are becoming billionaires at the same time that other people are living in poverty. While some people enjoy luxuries others lack even b...

O-LevelEconomicsMicroeconomic decision makersMay/June 2017

Between 2009 and 2014, Delaware was the only US state to experience a fall in earnings. In the same period, however, it had an unemployment rate be...

O-LevelEconomicsThe allocation of resourcesMay/June 2017

In 2015 the world saw many changes in demand and advances in technology. People were using new ways to transfer money and there was an increase in ...

O-LevelEconomicsGovernment and the macroeconomyMay/June 2017

Spain has had one of the highest unemployment rates in Europe. Moreover, 3.5 million of those unemployed had been out of work for at least a year b...

O-LevelEconomicsThe basic economic problemMay/June 2018

The Norwegian government chose to spend the profits from oil on stocks, bonds and property. The possibility of improving domestic infrastructure, t...

O-LevelEconomicsThe basic economic problemMay/June 2018

What would be classified by an economist as the factor of production known as land?

O-LevelEconomicsThe basic economic problemMay/June 2018

What is the cause of the economic problem facing all countries?

O-LevelEconomicsThe allocation of resourcesMay/June 2018

Which activity takes place in the tertiary sector?

O-LevelEconomicsThe allocation of resourcesMay/June 2018

In the diagram, suppliers have set the price of a product at Ps. Economic theory predicts that the equilibrium price of the product will rise to PE...

O-LevelEconomicsThe allocation of resourcesMay/June 2018

A government approved the construction of a new railway line connecting major cities. It would be built by a private company but be funded partly t...

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

What is a function of a central bank?

O-LevelEconomicsMicroeconomic decision makersMay/June 2018

What is likely to lead to an increase in the wages of university lecturers?

O-LevelEconomicsMicroeconomic decision makersMay/June 2018

When is a trade union likely to have more power to increase its members' wages?

O-LevelEconomicsMicroeconomic decision makersMay/June 2018

The table shows the percentage (%) of income saved by different age groups. What can be concluded from the table?

O-LevelEconomicsThe allocation of resourcesMay/June 2018

Which characteristic can exist both in monopoly and in perfect competition?

O-LevelEconomicsMicroeconomic decision makersMay/June 2018

An industry is experiencing diseconomies of scale. What will be happening to long run average cost and total cost?

O-LevelEconomicsMicroeconomic decision makersMay/June 2018

A firm that sells its product for $6 a unit has the following total costs. Which statement is correct?

O-LevelEconomicsMicroeconomic decision makersMay/June 2018

Which statement about fixed costs is correct?

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

What would a government reduce as part of an expansionary monetary policy to increase employment?

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

What is an aim of government policy?

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

The table shows the amount of tax to be paid at different weekly incomes. Which statement describes the system of income tax as income rises over t...

O-LevelEconomicsThe allocation of resourcesMay/June 2018

Which situation involving the building industry is most likely to be investigated by a government body set up to control restrictive practices?

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

An economy is experiencing two consecutive quarters of negative economic growth. What is this economy experiencing?

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

What is included in the calculation of a consumer prices index (CPI)?

O-LevelEconomicsGovernment and the macroeconomyMay/June 2018

There was a fall in investment spending by businesses in the third quarter of 2015. What would be the likely result of this?

O-LevelEconomicsThe allocation of resourcesMay/June 2018

The table shows units of output, value of output and number of people employed in an industry over three years. What can be concluded from the table?

O-LevelEconomicsEconomic developmentMay/June 2018

What is found in a typical developed country?

O-LevelEconomicsEconomic developmentMay/June 2018

Which characteristic will show that a country has significant absolute poverty?

O-LevelEconomicsEconomic developmentMay/June 2018

The government of a developing country allows a multinational mining company to mine minerals in order to improve the standard of living of the loc...

O-LevelEconomicsInternational trade and globalisationMay/June 2018

A country has decided that it wants to increase free trade with its trading partners. Which measure would help it achieve this objective?

O-LevelEconomicsInternational trade and globalisationMay/June 2018

In 2012 the UK held the Olympic Games, which attracted a large number of visitors from foreign countries. Which item of the UK's current account ba...

O-LevelEconomicsInternational trade and globalisationMay/June 2018

The Mexican currency (the peso) has fallen in value against the US dollar. What will be the effect of this on the Mexican economy?

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