Eduqas · Microeconomics · The economic problem and resource allocation

Eduqas Economics past paper questions: The economic problem and resource allocation

Every Eduqas question on The economic problem and resource allocation from 2017 to 2025: 1 essay, 8 data response questions, 3 short answer questions and 6 multiple choice questions. It covers Demand, supply and elasticity, International trade and exchange rates, Growth and development and Market failure. Each question links to its paper, mark scheme and examiner report.

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SubtopicsDemand, supply and elasticity 1International trade and exchange rates 1Growth and development 1Market failure 1

Essay questions on the economic problem and resource allocation

Data response questions on the economic problem and resource allocation

AS Component 1, October 2020, Q14 marks
The production possibility frontier (PPF) diagram below represents Nauru's economy in the 1970s, when its major areas of economic activity were phosphate mining and agriculture. Since then Nauru's phosphate mines have become steadily less productive as the phosphates ran out, but at the same time the government invested in improving agricultural productivity. Adapt the PPF diagram to show how the factors in the data affected Nauru's economy and outline your reasons for the changes you make.
Question paper p.2Mark scheme p.4Examiner report p.3Open in the toolDraw it: PPF diagram

Short answer questions on the economic problem and resource allocation

Multiple choice questions

  1. A-level Component 1, June 2025, Q20

    The table below shows the output of fruit and vegetables in two countries that have used half of their factors of production in the production of each good. Country 1: 200 fruit and 400 vegetables. Country 2: 600 fruit and 800 vegetables…

  2. A-level Component 1, June 2024, Q2

    Following a change in the pattern of demand, an economy starts to produce more agricultural goods and fewer manufactured goods. There are no other changes in the economy. Which of the following production possibility frontier diagrams best…

  3. A-level Component 1, October 2020, Q1

    The diagram below shows the production possibility frontier for an economy. The frontier meets the goods axis at 90 and the services axis at 110. Point X is 50 goods and 40 services; point Y is 65 goods and 70 services. The opportunity…

  4. A-level Component 1, June 2018, Q1

    The construction of the HS2 rail link from London to the North of England creates an opportunity cost in the form of:

  5. A-level Component 1, June 2018, Q10

    Over the last 15 years the Indonesian government has successfully targeted poorly educated farmers in low productivity regions with information about best agricultural practice and innovative techniques. Over the same period, Indonesia's…

  6. A-level Component 1, June 2017, Q4

    An economy has two major sectors, mineral extraction and agriculture. As a result of years of mineral extraction, its mineral reserves are falling and extraction is becoming increasingly difficult. However, more advanced production methods…

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