Edexcel B · Theme 4: Making markets work · 4.2 Market power and market failure

Edexcel B Economics past paper questions: Market power and market failure

Every Edexcel B question on Market power and market failure from 2017 to 2025: 4 essays, 1 data response question and 1 short answer question. It covers Market failure across the economy. Each question links to its paper, mark scheme and examiner report.

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SubtopicsMarket failure across the economy 1

Essay questions on market power and market failure

A-level Paper 3, June 2025, Q2(d)Evaluate20 marks

Case study: UK national living wage increase: implications for employers

Evaluate the benefits of regulation in a market.

Question paper p.15 Mark scheme p.18 Examiner report p.38 Open in the tool

A-level Paper 3, November 2021, Q2(d)Evaluate20 marks

Case study: UK fuel market by brand 2019

Evaluate arguments for the greater regulation of markets in the UK economy.

Question paper p.21 Mark scheme p.18 Open in the tool

A-level Paper 1, June 2019, Q2Evaluate20 marks

Case study: Office of Gas and Electricity Markets (Ofgem)

Evaluate the extent to which regulation of the energy market may benefit consumers.

Question paper p.20 Mark scheme p.15 Examiner report p.18 Open in the tool

A-level Paper 1, June 2017, Q3Evaluate20 marks

Case study: Banking Regulations and fines

Evaluate the likely impact on the UK of increased regulation of the UK banking industry.

Question paper p.22 Mark scheme p.17 Examiner report p.20 Open in the tool

Data response questions on market power and market failure

A-level Paper 3, November 2021, Q2(b)Assess10 marks

Case study: UK fuel market by brand 2019

Assess the role of the Competition and Markets Authority (CMA) in promoting competition in the UK economy.

Question paper p.17 Mark scheme p.14 Insert Open in the tool

Short answer questions on market power and market failure

A-level Paper 1, June 2023, Q1(a)Explain4 marks

Case study: Competition watchdog to review UK music industry over power of big firms

Explain one method the Competition and Markets Authority (CMA) could use to research the music streaming industry.

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

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 power and market failure

Data response questions on market power and market failure

Short answer questions on market power and market failure

More Edexcel B topics: Making markets work