Please check the examination details below before entering your candidate information
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Wednesday 15 May 2024
Morning (Time: 2 hours)
Economics B
Paper reference
9EB0/01
Total Marks
Instructi...
mination details below before entering your candid
Written for
Advanced PAPER 1:
All documents for this subject (1)
Seller
Follow
margaretmbugua453
Reviews received
Content preview
May economics
Please check the examination details below before entering your candidate information
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Wednesday 15 May 2024
Morning (Time: 2 hours) Paper
referenc
e
9EB0/01
Economics
B
🞍 🞍
Advanced
PAPER 1: Markets and how they work
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
centre number and candidate number.
•
• Answer
name, all
Answer the questions in the spaces provided
– there may be more space than you need.
questions.
Information
• The total mark for this paper is 100.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each
• question. Calculators may be used.
brackets
Advice
• Read each question carefully before you start to answer it.
• Try to answer every
• Check your answers if you have time at the end.
question.
AREA
DO NOT WRITE IN THIS
Read the following extracts (A–E) before answering
Question 1.
Write your answers in the spaces provided.
Extract
A
TUI Group lose market share to Jet2holidays
The TUI Group (TUI) has finally responded to being overtaken by Jet2holidays as
the UK’s largest tour operator.
TUI Chief Executive Sebastian Ebel said: “We want to be the market leader not only in
numbers but also in quality. We want to grow stronger than our competitors.” 5
The firm aims to take market share from rivals by broadening its product offering
and looking beyond its traditional core package-holiday customers. It is
AREA
DO NOT WRITE IN THIS
targeting the larger and higher growth segments of the leisure market, such
as accommodation only,
flight only, car hire, tours and experiences.
Sebastian Ebel referred to these potential new customers as ‘energised adventurers’ and 10
‘travelistas’. Energised adventurers are older, confident, more affluent and
adventurous holidaymakers interested in culture and exploration. Travelistas are
younger, independent and adventurous travellers who spend less on a holiday but
travel more often.
TUI reported record holiday bookings for summer 2023 and 2024 now that global
travel restrictions have been lifted for consumers.
15
(Source: adapted from https://travelweekly.co.uk/news/air/jet2-has-done-very-well-filling-
gap-thomas-cook-left-says-tui-chief)
Extract B
Statement of comprehensive income of TUI Group Q3 2023 and Q3 2022
AREA
DO NOT WRITE IN THIS
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller margaretmbugua453. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £13.25. You're not tied to anything after your purchase.