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Edexcel A Level Economics A May-June 2024 Question Paper 3 (9ec0-03)
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Edexcel A Level Economics A May-June 2024 Question Paper 3 (9ec0-03)
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, Please check the examination details below before entering your candidate information
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Friday 7 June 2024
Morning (Time: 2 hours)
Paper
reference 9EC0/03
Economics A
Advanced
PAPER 3: Microeconomics and Macroeconomics
You do not need any other materials. Total Marks
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name, centre number
and candidate number.
•• There are two sections in this question paper.
In Section A, answer all questions 1(a) to 1(c) and one question from 1(d) or 1(e).
•• InAnswer
Section B, answer all questions 2(a) to 2(c) and one question from 2(d) or 2(e).
the questions in the spaces provided
– there may be more space than you need.
Information
•• The total mark for this paper is 100.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
• Calculators may be used.
Advice
•• Read each question carefully before you start to answer it.
Check your answers if you have time at the end.
Turn over
P74001A
©2024 Pearson Education Ltd.
F:1/1/1/1/1/1/1
*P74001A0136*
, SECTION A
Read Figures 1 and 2 and the following extracts (A to C) before answering Question 1.
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Answer ALL Questions 1(a) to 1(c), and EITHER Question 1(d) OR 1(e).
Write your answers in the spaces provided.
You are advised to spend 1 hour on this section.
Question 1
The energy market
Figure 1: UK wholesale gas prices per therm, 2021, in pence
500p
Price per
therm
400p
352p
300p
200p
100p
0p
Feb Apr Jun Aug Oct Dec
Figure 2: Number of firms supplying gas and electricity in the UK, 2004–2021
80
60
40
20
0
2004 06 08 10 12 14 16 18 21
Gas and electricity
Electricity
Gas
2
*P74001A0236*
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