Component 2: Exploring Economic Issues · B520U20-1

Eduqas AS Component 2, June 2017

All 12 written questions from Eduqas AS Component 2 (June 2017), Component 2: Exploring Economic Issues. Case studies: Low pay remains a problem and Rising unemployment piles up problems for Indonesian…. Each question shows its marks and topic, and opens the question paper and mark scheme at the right page.

Question paper Mark scheme Examiner report

Case study

Low pay remains a problem

In the extracts: National Minimum Wage, National Living Wage, Britain, Living Wage Foundation, Chancellor, GDP, European Union, John Cridland

Q1(a)3 marks

(i) Calculate the percentage increase in the government's National Living Wage between April 2016 and 2020 (line 30). (ii) With reference to Table 1 and using 2011 as the base year, calculate an index for the National Minimum Wage in 2015.

TopicThe labour marketMeasuring economic performance

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

Q1(b)6 marks

With the aid of the data, outline why wages might be low in 'cleaning, care work and retail' (line 17).

TopicGrowth and development

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

Q1(c)3 marks

Why might the use of tax credits encourage employers to pay low wages to their staff?

TopicThe labour marketAggregate demandEconomic growth and the economic cycle

Question paper p.3 Mark scheme p.5 Examiner report p.6 Open in the tool

Q1(d)8 marks

Using a diagram, and with reference to the data, discuss the likely effects of a further increase in migrants from the European Union on wages in the UK.

TopicThe labour marketAggregate demandEconomic growth and the economic cycle

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

Q1(e)10 marks

Using the data and with the aid of a diagram, assess the likely impact of the introduction of the Government's National Living Wage.

TopicGrowth and developmentThe labour market

Question paper p.3 Mark scheme p.8 Examiner report p.7 Open in the tool

Q1(f)Evaluate10 marks

Evaluate government policies that can be introduced in an attempt to raise productivity in the UK.

Mark splitKnowledge 2Analysis 4Evaluation 4

TopicThe labour marketAggregate demandEconomic growth and the economic cycle

Question paper p.3 Mark scheme p.10 Examiner report p.7 Open in the tool

Case study

Rising unemployment piles up problems for Indonesian President

In the extracts: Indonesian, GDP, International Labour Organization, President Joko Widodo, China and South Korea, President Widodo, Finance Minister, Arif Budimanta, Asia

Q2(a)3 marks

With reference to Diagram 1, describe what happened to Indonesian GDP between 2010 and 2015.

TopicMeasuring economic performanceEconomic growth and the economic cycle

Question paper p.5 Mark scheme p.12 Examiner report p.7 Open in the tool

Q2(b)5 marks

Using a supply and demand diagram, explain one reason for the rupiah falling to a 17-year low (lines 19-20).

Mark splitKnowledge 2Application 1Analysis 2

TopicMeasuring economic performanceEconomic growth and the economic cycle

Question paper p.5 Mark scheme p.13 Examiner report p.7 Open in the tool

Q2(c)Explain6 marks

With reference to the data, explain the factors that might have led to increased unemployment in Indonesia.

Mark splitKnowledge 2Application 2Analysis 2

TopicMeasuring economic performance

Question paper p.5 Mark scheme p.15 Examiner report p.7 Open in the tool

Q2(d)8 marks

Using an AD/AS diagram, discuss whether 'removing tax on luxury goods' will be likely to increase consumption (lines 28-29).

TopicAggregate demandDemand, supply and elasticity

Question paper p.5 Mark scheme p.17 Examiner report p.7 Open in the tool Draw it: AD/AS diagram

Q2(e)Discuss8 marks

Discuss the case for and against membership of free trade agreements such as the one described in lines 34-39.

Mark splitKnowledge 2Analysis 2Evaluation 4

TopicInternational trade and exchange rates

Question paper p.5 Mark scheme p.19 Examiner report p.7 Open in the tool

Q2(f)Discuss10 marks

Discuss whether the factors outlined in the article are likely to increase or reduce the rate of growth of Indonesia's long run aggregate supply over the next few years.

TopicAggregate supply

Question paper p.5 Mark scheme p.21 Examiner report p.8 Open in the tool Practise the AD/AS diagram

Question text is quoted from the question papers, © WJEC CBAC Ltd (Eduqas), 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.

Low pay remains a problem

Rising unemployment piles up problems for Indonesian President

Other years of Eduqas AS Component 2

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