OCR · Macroeconomics · Economic growth and the economic cycle

OCR Economics past paper questions: Economic growth and the economic cycle

Every OCR question on Economic growth and the economic cycle from 2021 to 2025: 2 essays, 5 data response questions, 5 short answer questions and 6 multiple choice questions. It covers Measuring economic performance, Macroeconomic objectives and policy, Aggregate supply, Demand, supply and elasticity and The labour market. Each question links to its paper, mark scheme and examiner report.

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SubtopicsMeasuring economic performance 3Macroeconomic objectives and policy 1Aggregate supply 1Demand, supply and elasticity 1The labour market 1

Essay questions on economic growth and the economic cycle

A-level Paper 2, June 2022, Q3OptionalEvaluate25 marks

Evaluate, with the use of an appropriate diagram(s), whether a cut in tax rates will end a recession.

Question paper p.8 Mark scheme p.24 Examiner report p.2 Open in the tool Draw it: AD/AS diagram Or: multiplier diagram

A-level Paper 2, June 2022, Q4OptionalEvaluate25 marks

Evaluate whether a country with a high economic growth rate can achieve sustainable development.

Question paper p.11 Mark scheme p.28 Examiner report p.2 Open in the tool

Data response questions on economic growth and the economic cycle

AS Paper 2, June 2023, Q16(b)(i)2 marks

Using Fig. 2, explain at what stage of the economic cycle the UK economy was in Q2 2020.

Question paper p.12 Mark scheme p.13 Examiner report p.2 Open in the tool

AS Paper 2, June 2023, Q16(c)4 marks

Lines 13–19 refer to a number of training initiatives announced by the UK government. Using a diagram, explain what impact this is likely to have on long run economic growth in the UK.

Question paper p.13 Mark scheme p.14 Examiner report p.2 Open in the tool Draw it: AD/AS diagram

A-level Paper 2, June 2022, Q1(b)2 marks

Case study: Does rising national debt matter?

Using Fig. 1, explain how savings can promote economic growth.

Question paper p.5 Mark scheme p.11 Examiner report p.2 Open in the tool

A-level Paper 2, October 2021, Q1(a)2 marks

Case study: Are we moving towards a cashless society?

Using information from the stimulus material, identify two stages of the economic cycle. 1 2

Question paper p.4 Mark scheme p.4 Open in the tool

A-level Paper 2, October 2021, Q1(e)8 marks

Case study: Are we moving towards a cashless society?

Using information from the stimulus material, evaluate whether a recession will increase the number of people unemployed.

Question paper p.5 Mark scheme p.5 Open in the tool Practise the AD/AS diagram Practise the economic cycle diagram

Short answer questions on economic growth and the economic cycle

A-level Paper 3, June 2023, Q35Explain4 marks

Explain, using the information in Extract 2 and a relevant diagram, the impact on the market for new cars of the 2020 recession.

Question paper p.24 Mark scheme p.25 Examiner report p.3 Open in the tool Draw it: supply and demand diagram Or: YED and XED diagram

A-level Paper 3, June 2022, Q37Explain3 marks

Explain, whether Fig. 3.1 supports the view that "economic growth will not always lead to an improvement in welfare".

Question paper p.25 Mark scheme p.33 Examiner report p.2 Open in the tool

A-level Paper 3, June 2022, Q38Evaluate15 marks

Evaluate, using the information in Extract 3, the impact of removing economic growth as one of the government's primary macroeconomic objectives.

Question paper p.25 Mark scheme p.34 Examiner report p.2 Open in the tool

The case study refers to the Tokyo Olympics (lines 19–20). Using a diagram, explain what impact holding the Olympics is likely to have on economic growth in Japan.

Question paper p.9 Mark scheme p.15 Open in the tool Draw it: AD/AS diagram

AS Paper 2, June 2022, Q16(e)Evaluate10 marks

Evaluate the consequences of negative economic growth for Japan.

Question paper p.10 Mark scheme p.16 Open in the tool

Multiple choice questions

A-level Paper 3, June 2025, Q25
What stage of the economic cycle was the UK in between Q3 2008 and Q3 2009?
AS Paper 2, June 2025, Q11
The diagram shows the annual change in GDP in the UK. 10% 5% 0% –5% –10% –15% 2018 2019 2020 2021 2022 Which statement about the diagram is correct?
AS Paper 2, June 2024, Q3
What would be the least effective way to increase long run economic growth?
AS Paper 2, June 2024, Q5
Which stage of the economic cycle occurs when actual GDP is above its trend value?
A-level Paper 3, June 2023, Q21
What is the impact of a shift in the aggregate supply curve from AS1 to AS2 in the diagram? Price AS1 AS2 level AD1 0 Real GDP
AS Paper 2, June 2023, Q2
Frictional unemployment occurs when:

Question text is quoted from the question papers, © OCR (Oxford Cambridge and RSA), 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 economic growth and the economic cycle

Data response questions on economic growth and the economic cycle

Short answer questions on economic growth and the economic cycle

Multiple choice questions

More OCR topics: Macroeconomics