Edexcel International · Unit 2: Macroeconomic performance and policy · 2.6 Macroeconomic objectives and policy conflicts

Edexcel International Economics past paper questions: Macroeconomic objectives and policy conflicts

Every Edexcel International question on Macroeconomic objectives and policy conflicts from 2019 to 2025: 12 essays, 2 data response questions, 8 short answer questions and 22 multiple choice questions. Each question links to its paper, mark scheme and examiner report.

Filter these in the tool

Essay questions on macroeconomic objectives and policy conflicts

AS Unit 2, June 2024, Q14OptionalEvaluate20 marks

Evaluate the likely macroeconomic effects of a government using deflationary policies to achieve a balanced budget. Refer to a country of your choice in your answer.

Question paper p.22 Mark scheme p.16 Examiner report p.42 Open in the tool Practise the AD/AS diagram

AS Unit 2, January 2024, Q14OptionalEvaluate20 marks

Evaluate possible causes of inflation. Refer to a country of your choice in your answer.

Question paper p.22 Mark scheme p.19 Examiner report p.7 Open in the tool Practise the AD/AS diagram

AS Unit 2, October 2023, Q13OptionalEvaluate20 marks

Evaluate the view that there will always be conflicts between macroeconomic objectives. Refer to a country of your choice in your answer.

Question paper p.22 Mark scheme p.13 Examiner report p.4 Open in the tool

AS Unit 2, October 2023, Q14OptionalEvaluate20 marks

Evaluate possible causes of deflation. Refer to a country of your choice in your answer.

Question paper p.22 Mark scheme p.16 Examiner report p.9 Open in the tool Practise the AD/AS diagram

AS Unit 2, October 2022, Q14OptionalEvaluate20 marks

Evaluate the potential conflicts between the objective of economic growth and two other macroeconomic objectives. Refer to a country of your choice in your answer.

Question paper p.22 Mark scheme p.21 Examiner report p.4 Open in the tool

AS Unit 2, June 2022, Q14OptionalEvaluate20 marks

Evaluate the costs of a high rate of inflation. Refer to a country of your choice in your answer.

Question paper p.19 Mark scheme p.23 Examiner report p.4 Open in the tool Practise the AD/AS diagram

AS Unit 2, January 2022 (reserve paper), Q13OptionalEvaluate20 marks

Evaluate possible causes of deflation. Illustrate your answer with an appropriate diagram.

Question paper p.22 Mark scheme p.19 Open in the tool Draw it: AD/AS diagram

AS Unit 2, January 2022, Q13OptionalEvaluate20 marks

Evaluate the potential conflicts between the objective of economic growth and two other macroeconomic objectives.

Question paper p.20 Mark scheme p.19 Examiner report p.4 Open in the tool

AS Unit 2, January 2021, Q13OptionalEvaluate20 marks

Evaluate the view that achieving a government's macroeconomic objectives is likely to result in an increase in national happiness.

Question paper p.22 Mark scheme p.21 Examiner report p.5 Open in the tool

AS Unit 2, October 2020, Q13OptionalEvaluate20 marks

Evaluate the view that fiscal policies always result in conflicts between macroeconomic objectives.

Question paper p.20 Mark scheme p.16 Examiner report p.4 Open in the tool Practise the AD/AS diagram

AS Unit 2, October 2019, Q14OptionalEvaluate20 marks

Evaluate the use of supply-side policies as a means of reducing unemployment.

Question paper p.20 Mark scheme p.18 Examiner report p.8 Open in the tool Practise the AD/AS diagram

AS Unit 2, June 2019, Q13OptionalEvaluate20 marks

Evaluate the view that conflicts between macroeconomic objectives are inevitable.

Question paper p.20 Mark scheme p.15 Examiner report p.4 Open in the tool

Data response questions on macroeconomic objectives and policy conflicts

AS Unit 2, January 2023, Q12(b)Explain4 marks

Case study: The German economy

With reference to Figure 2, explain the difference between disinflation and deflation.

Question paper p.12 Mark scheme p.13 Examiner report p.7 Open in the tool

AS Unit 2, October 2019, Q12(d)Examine8 marks

Case study: The economy of Argentina

With reference to the information provided, examine the likely impact of inflation on the economy of Argentina.

Question paper p.14 Mark scheme p.11 Examiner report p.6 Open in the tool Practise the AD/AS diagram

Short answer questions on macroeconomic objectives and policy conflicts

AS Unit 2, January 2024, Q10Explain4 marks

With reference to the chart, explain one possible effect of the change in the rate of unemployment between Q3 2020 and Q4 2022 on the public finances of Malta.

Question paper p.9 Mark scheme p.8 Examiner report p.4 Open in the tool

AS Unit 2, June 2023, Q7Explain4 marks

Explain one possible effect of the increase in the rate of unemployment on the public finances of Pakistan.

Question paper p.5 Mark scheme p.4 Examiner report p.3 Open in the tool

AS Unit 2, June 2023, Q11Explain4 marks

With reference to the chart, explain what is meant by deflation.

Question paper p.9 Mark scheme p.8 Examiner report p.3 Open in the tool

AS Unit 2, October 2021, Q11Explain4 marks

With reference to the data, explain the difference between disinflation and deflation.

Question paper p.11 Mark scheme p.10 Examiner report p.6 Open in the tool

AS Unit 2, October 2020, Q8Explain4 marks

With reference to the chart, explain the difference between deflation and disinflation.

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

AS Unit 2, January 2020, Q8Explain4 marks

With reference to the chart, explain the difference between inflation and disinflation.

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

AS Unit 2, October 2019, Q7Explain4 marks

Explain one possible effect of high rates of unemployment on the public finances of Bosnia and Herzegovina.

Question paper p.5 Mark scheme p.4 Examiner report p.4 Open in the tool

AS Unit 2, June 2019, Q8Explain4 marks

Explain one possible impact on the level of unemployment of this net migration.

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

Multiple choice questions

AS Unit 2, June 2025, Q5
5 Which one of the following describes how unemployment is measured using the International Labour Organization (ILO) definition?
AS Unit 2, January 2025, Q6
Which one of the following can be deduced from the chart?
AS Unit 2, October 2024, Q2
Which one of the following best describes the cause of this unemployment in Chad?
AS Unit 2, October 2024, Q5
Which one of the following is most likely to be associated with a negative output gap?
AS Unit 2, January 2024, Q6
Which one of the following can be deduced from the table?
AS Unit 2, June 2023, Q2
Which one of the following best illustrates the possible conflict between the macroeconomic objectives of a low rate of inflation and a low rate of unemployment?
AS Unit 2, January 2023, Q3
Which one of the following best describes the cause of unemployment experienced in the USA?
AS Unit 2, October 2022, Q1
1 Which one of the following illustrates the conflict between the macroeconomic objectives of a low rate of inflation and a low rate of unemployment?
AS Unit 2, October 2022, Q2
Which one of the following describes this cause of unemployment?
AS Unit 2, June 2022, Q3
Which one of the following may be deduced from this information?
AS Unit 2, June 2022, Q4
Which one of the following can be deduced from the chart over the period shown?
AS Unit 2, January 2022 (reserve paper), Q2
Which one of the following best describes this situation?
AS Unit 2, January 2022 (reserve paper), Q5
5 The short-run Phillips curve shows the relationship between which of the following?
AS Unit 2, June 2021, Q1
Which one of the following describes this situation?
AS Unit 2, June 2021, Q2
Which one of the following can be deduced from the table?
AS Unit 2, January 2021, Q2
Which one of the following was the most likely effect of the changes shown in South Korea?
AS Unit 2, October 2020, Q4
This is an example of which one of the following?
AS Unit 2, January 2020, Q1
Which one of the following best describes the cause of unemployment experienced in Mongolia?
AS Unit 2, October 2019, Q1
1 The short-run Phillips curve illustrates a possible trade-off between
AS Unit 2, June 2019, Q2
2 The table shows Malaysia's rate of inflation between February 2017 and July 2017. Month Rate of inflation (%) February 4.5 March 5.1 April 4.4 May 3.9 June 3.6 July 3.2 From this table it can be deduced that
AS Unit 2, June 2019, Q3
Which one of the following is usually associated with a negative output gap?
AS Unit 2, June 2019, Q4
Ceteris paribus, which one of the following is likely to result from this situation? Rate of Rate of unemployment inflation

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 macroeconomic objectives and policy conflicts

Data response questions on macroeconomic objectives and policy conflicts

Short answer questions on macroeconomic objectives and policy conflicts

Multiple choice questions

More Edexcel International topics: Macroeconomic performance and policy