Edexcel B · Theme 4: Making markets work · 4.3 Market failure across the economy

Edexcel B Economics past paper questions: Market failure across the economy

Every Edexcel B question on Market failure across the economy from 2017 to 2025: 2 essays and 5 data response questions. It covers Market failure and government intervention, Revenue, costs, profits and cash and Risk and the financial sector. Each question links to its paper, mark scheme and examiner report.

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SubtopicsMarket failure and government intervention 3Revenue, costs, profits and cash 1Risk and the financial sector 1

Essay questions on market failure across the economy

A-level Paper 1, November 2021, Q2Evaluate20 marks

Case study: UK will be left underwater in 80 years’ time

Using a suitable diagram, evaluate the extent to which tradable pollution permits are the most effective way to reduce environmental damage in the UK.

Question paper p.21 Mark scheme p.16 Open in the tool Draw it: negative externality diagram

A-level Paper 1, June 2018, Q2Evaluate20 marks

Case study: Cycling and walking investment strategy

Evaluate the extent to which the government’s cycling and walking strategy may impact the UK economy.

Question paper p.20 Mark scheme p.15 Examiner report p.23 Open in the tool

Data response questions on market failure across the economy

A-level Paper 1, June 2025, Q1(g)Assess12 marks

Case study: The UK rail industry

Assess whether the investment into a new railway line between Birmingham and Manchester can reduce geographical immobility.

Question paper p.10 Mark scheme p.12 Examiner report p.33 Open in the tool

A-level Paper 3, November 2020, Q1(a)Discuss8 marks

Case study: UK average house prices

Discuss the extent to which the UK housing market can be described as a market bubble.

Question paper p.6 Mark scheme p.4 Insert Examiner report p.3 Open in the tool

A-level Paper 3, June 2017, Q1(a)Discuss8 marks

Case study: McKinsey: Obesity costs UK society £51bn per year

Discuss the extent to which the UK obesity problem can be seen as market failure in the food industry.

Question paper p.6 Mark scheme p.4 Insert Examiner report p.4 Open in the tool

A-level Paper 3, June 2017, Q1(b)Assess10 marks

Case study: McKinsey: Obesity costs UK society £51bn per year

Using Extract B and Figures 2 and 3, assess whether poverty reduction policies are the most effective way of dealing with the obesity crisis in the UK.

Question paper p.7 Mark scheme p.6 Insert Examiner report p.5 Open in the tool

Case study: Whitbread warns of hit from UK minimum wage hike

Using a suitable diagram, assess the effectiveness of a rent cap in solving the problems of the London housing market.

Question paper p.20 Mark scheme p.16 Insert Examiner report p.18 Open in the tool Draw it: maximum price diagram

Question text is quoted from the question papers, © Pearson Edexcel, for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.

Essay questions on market failure across the economy

Data response questions on market failure across the economy

More Edexcel B topics: Making markets work