Optional20 marks
Case study · UK economic recovery
Evaluate the view that another recession is ‘inevitable’ in the UK (Extract A, line 24).
Specification point 2.5.3 · Theme 2
Trade (business) cycle
Economic growth · The UK economy – performance and policies
Questions tagged to this specification point
10 questions
Essay questions
Long-form evaluation and discussion
Data-response questions
Questions built around exam extracts
6 marks
Case study · UK monetary policy since the Global Financial Crisis of 2008
With reference to the information provided, explain two characteristics of a recession.
15 marks
Case study · UK investment and productivity
With reference to the information provided, discuss the likely impact of a recession on the UK economy.
Short-answer questions
Focused calculations, explanations and diagrams
1 mark
ContextIt was forecast that the UK will experience a positive output gap in 2024.
Define the term ‘trade cycle’.
1 mark
Define the term ‘recession’.
2 marks
Explain one characteristic of a recession.
Multiple-choice questions
Quick checks of economic understanding
A-level Paper 2, June 2025, Q3(a)Multiple choice
1 mark
ContextChart: UK real GDP percentage growth, quarter 1 2022 to quarter 1 2023.
With reference to the chart above, which one of the following is correct?
AThe UK economy grew the fastest in quarter 3 2022
BThe UK was in recession in quarter 2 2022
CTotal UK real GDP was larger in quarter 4 2022 than in quarter 1 2022
DTotal UK real GDP was the same in quarter 4 2022 as in quarter 1 2023
AS Paper 2, June 2025, Q3(a)Multiple choice
1 mark
ContextIt was forecast that the UK will experience a positive output gap in 2024.
Which point on the trade cycle diagram illustrates a positive output gap?
APoint A
BPoint B
CPoint C
DPoint D
Diagram needed. Open the original question paper for the diagram
A-level Paper 2, June 2024, Q4(a)Multiple choice
1 mark
ContextA trade cycle diagram showing trend GDP growth and actual GDP growth, with points A to D marked.
Which one point on the trade cycle diagram above illustrates a boom?
APoint A
BPoint B
CPoint C
DPoint D
Diagram needed. Open the original question paper for the diagram
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AS Paper 2, June 2023, Q5(a)Multiple choice
1 mark
ContextThe chart below shows UK real GDP growth rate (%), Quarter 1 (Q1) 2019 to Quarter 3 (Q3) 2021. 17.6 % …
Which one of the following can be deduced from the chart?
AIn Q4 2020 the level of real GDP fell by 16.1 percentage points
BThe price level was rising at a slower rate between Q1 2019 and Q2 2019
CThe UK economy experienced a boom between Q3 2019 and Q1 2020
DThe UK economy experienced a recession in the first six months
Question text © Pearson Edexcel, quoted for students' private study. Open the official papers and mark schemes from the links on each question.