Case study
The road goes ever on...
In the extracts: London, Begg, Birmingham, Germany, Britain, British, Darling, DVLA, ANPR, Confederation of British Industry
Q1(a)4 marks
With the aid of a production possibility frontier (PPF) diagram, outline how road congestion damages the UK economy.
Mark splitKnowledge 2Application 2
TopicThe economic problem and resource allocationGrowth and developmentMarket failure
Q1(b)4 marks
Using a demand and supply diagram, show how roads being 'free at the point of use' (line 23) causes road congestion.
TopicMarket failure
Q1(c)5 marks
Using examples from the data, explain how road congestion creates market failure.
TopicMarket failure
Q1(d)Explain6 marks
With reference to the data, explain how a road toll system could use price discrimination to reduce road congestion.
TopicMarket structuresMarket failure
Q1(e)10 marks
With reference to the data, evaluate the use of road pricing as a means of solving the problem of road congestion in the UK.
TopicMarket failure
Q1(f)11 marks
With the aid of an AD/AS diagram and with reference to the data, discuss how beneficial the £27bn road building programme is likely to be for the UK macroeconomy.
TopicGrowth and development
Case study
Out of Africa
In the extracts: Africa, Ivoire, HDI, World Bank, African, Asian, GDP, GNI, Ethiopia, Kenya
Q2(a)4 marks
Using examples from the data, outline the difference between economic growth and economic development.
Mark splitKnowledge 2Application 2
TopicEconomic growth and the economic cycle
Q2(b)6 marks
The theory of comparative advantage suggests that countries should specialise to increase their levels of economic welfare. Construct your own numerical example to explain why this is so.
TopicInternational trade and exchange rates
Q2(c)10 marks
If the trends in its economic growth continue, discuss whether Côte d'Ivoire is likely to see significant improvements in its HDI ranking.
Mark splitApplication 3Analysis 3Evaluation 4
TopicGrowth and developmentEconomic growth and the economic cycle
Q2(d)10 marks
With reference to the data, discuss whether sustained economic growth for African economies will be more likely if there is a significant transition away from producing primary products towards manufacturing and services.
TopicEconomic growth and the economic cycle
Q2(e)10 marks
With reference to the data, discuss which approach to industrialisation will be most likely to succeed in Africa.
TopicGrowth and developmentEconomic growth and the economic cycleMeasuring economic performance