Optional25 marks
Case study · The German economy
Evaluate the microeconomic and macroeconomic factors which are likely to determine the rate of economic growth in Germany relative to other developed economies.
Specification point 2.5.1 · Theme 2
Causes of growth
Economic growth · The UK economy – performance and policies
Questions tagged to this specification point
13 questions
Essay questions
Long-form evaluation and discussion
Optional25 marks
ContextIn 2018, the United States Government cut the corporation tax rate (tax on company profits) from 35% to 21%. Income tax rates for US citizens were also reduced: for example, the top rate of income tax was cut from 39.6% to 37%.
Evaluate the likely impact of cutting tax rates as a policy to increase economic growth.
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Optional20 marks
Case study · UK government budget and household consumption
Evaluate supply-side policies that could be used to increase the UK’s rate of economic growth.
Optional25 marks
The British pound fell by over 10% to a 30-year low against the US dollar after the UK voted to leave the European Union. To what extent will this depreciation impact on future economic growth in the UK?
Optional25 marks
Case study · Chile
With reference to the information provided and your own knowledge, evaluate the microeconomic and macroeconomic effects of policies that could be used to stimulate economic growth and development in Chile.
Optional25 marks
Case study · Chile
With reference to the information provided and your own knowledge, evaluate the microeconomic and macroeconomic impact on Chile’s economy of changes in the level of investment.
Data-response questions
Questions built around exam extracts
15 marks
Case study · The UK economy
Discuss supply-side policies the UK government could introduce to stimulate economic growth.
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12 marks
Case study · Trade and development in Africa
Discuss the impact of improved transport links between African countries on economic growth rates.
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4.3.2 · Factors influencing growth and development2.5.1 · Causes of growth4.3.3 · Strategies influencing growth and development
5 marks
Case study · UK investment and productivity
Explain one likely reason why ‘the UK Government expects the UK economy to perform better than Germany and Italy’ (Extract A, lines 19–20).
15 marks
Case study · UK government budget and household consumption
Discuss the factors that might explain why ‘the UK’s forecast long-term trend rate of growth was reduced’ (Extract B lines 9–10).
10 marks
Case study · UK inflation and economic growth
With reference to Figure 3, assess the likely impact of the change in the value of exports, since mid-2016, on the economic growth of the UK. Use an aggregate demand and aggregate supply diagram in your answer.
Diagram needed. Open the original question paper for the diagram
6 marks
Case study · UK economic recovery
With reference to Figure 2 and Extract A, explain two likely reasons why the growth of the UK’s nominal GDP per capita at PPPs was slower than that of Germany after 2010.
Short-answer questions
Focused calculations, explanations and diagrams
No short-answer questions tagged to this point yet.
Multiple-choice questions
Quick checks of economic understanding
A-level Paper 2, June 2023, Q3(c)Multiple choice
1 mark
ContextUK real GDP, 2020–2022 Annual percentage change on Total (£ millions) previous year …
Which one of the following is most likely to lead to an increase in potential economic growth?
Aconsumption
Bcosts of raw materials and energy
Cincome tax
Dtechnological advances
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