OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
1GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 1
2025 OCR GCSE (9–1) Economics
J205/02 National and International Economics
Complete Question paper with Marking Scheme Combined
Thursday 22 May 2025 – Afternoon
GCSE (9–1) Economics
J205/02 National and International Economics
Time allowed: 1 hour 30 minutes
You can use:
• a scientific or graphical calculator
• an HB pencil
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra space use
the lined pages at the end of this booklet. The question numbers must be clearly shown.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 80.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document has 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025 [603/0143/0] OCR is an exempt Charity
DC (DE/CT) 345085/2 Turn over
1?OCRPage
GCSE12025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
, OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
2GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 2
2
Section A
Write your answer to each question in the box provided.
1 A government increases its budget deficit.
What is the most likely cost of this decision?
An increase in:
A debt interest
B exports
C government spending
D unemployment
Your answer [1]
2 The claimant count:
A cannot be used to measure the rate of unemployment
B includes people receiving jobseeker’s allowance
C measures the different causes of unemployment
D uses the CPI to measure the level of unemployment
Your answer [1]
3 What is the most likely cause of structural unemployment?
A Different jobs are available in the summer
B High levels of occupational immobility
C Increased migration into the country
D The closure of some discount food stores
Your answer [1]
© OCR 2025
2?OCRPage
GCSE22025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
, OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
3GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 3
3
4 How might an increase in interest rates affect the economy?
A Decrease unemployment
B Improve price stability
C Increase economic growth
D Increase inflation
Your answer [1]
5 A consumer is planning a holiday.
They found a villa that cost €3480 when the exchange rate was £1 = €1.20.
By the time they booked the villa the exchange rate had changed to £1 = €1.16. What
happened to the Sterling price of the villa for the consumer?
A Decreased by £400
B Decreased by £139.20
C Increased by £100
D Remained unchanged
Your answer [1]
6 What is the most likely cost of globalisation for consumers in developed countries?
A Dominant global brands
B Higher prices
C Increased immigration
D Lower prices
Your answer [1]
© OCR 2025 Turn over
3?OCRPage
GCSE32025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
, OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
4GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 4
4
7 The UK government sets an inflation target.
What might happen if inflation is above this target?
Interest rates will:
A decrease to discourage saving
B decrease to encourage more investment
C increase to discourage consumer spending
D increase to encourage more borrowing
Your answer [1]
8 What is not a purpose of government spending?
A To ensure everyone has access to health services
B To increase the welfare of the population
C To maintain a balanced current account
D To reduce inequality in the distribution of income
Your answer [1]
9 An individual’s only source of income has risen in nominal value but fallen in real value.
As a result, the individual will
A be unable to buy all the same products
B decide to save more of their income
C have less money to spend
D not have to pay as much direct tax
Your answer [1]
© OCR 2025
4?OCRPage
GCSE42025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
1GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 1
2025 OCR GCSE (9–1) Economics
J205/02 National and International Economics
Complete Question paper with Marking Scheme Combined
Thursday 22 May 2025 – Afternoon
GCSE (9–1) Economics
J205/02 National and International Economics
Time allowed: 1 hour 30 minutes
You can use:
• a scientific or graphical calculator
• an HB pencil
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra space use
the lined pages at the end of this booklet. The question numbers must be clearly shown.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 80.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document has 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025 [603/0143/0] OCR is an exempt Charity
DC (DE/CT) 345085/2 Turn over
1?OCRPage
GCSE12025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
, OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
2GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 2
2
Section A
Write your answer to each question in the box provided.
1 A government increases its budget deficit.
What is the most likely cost of this decision?
An increase in:
A debt interest
B exports
C government spending
D unemployment
Your answer [1]
2 The claimant count:
A cannot be used to measure the rate of unemployment
B includes people receiving jobseeker’s allowance
C measures the different causes of unemployment
D uses the CPI to measure the level of unemployment
Your answer [1]
3 What is the most likely cause of structural unemployment?
A Different jobs are available in the summer
B High levels of occupational immobility
C Increased migration into the country
D The closure of some discount food stores
Your answer [1]
© OCR 2025
2?OCRPage
GCSE22025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
, OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
3GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 3
3
4 How might an increase in interest rates affect the economy?
A Decrease unemployment
B Improve price stability
C Increase economic growth
D Increase inflation
Your answer [1]
5 A consumer is planning a holiday.
They found a villa that cost €3480 when the exchange rate was £1 = €1.20.
By the time they booked the villa the exchange rate had changed to £1 = €1.16. What
happened to the Sterling price of the villa for the consumer?
A Decreased by £400
B Decreased by £139.20
C Increased by £100
D Remained unchanged
Your answer [1]
6 What is the most likely cost of globalisation for consumers in developed countries?
A Dominant global brands
B Higher prices
C Increased immigration
D Lower prices
Your answer [1]
© OCR 2025 Turn over
3?OCRPage
GCSE32025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
, OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
E (9?1) Official
2025/2026Page
UK.EDU.OCR
Question Paper
4GCSE
of 54with
Package
Complete
DealMarking
| Complete
Scheme,
ExamAnswers,
Questionand
Papers
Step-by-Step
with Marking
Solutions
Schemes,
for Exam
Foundation
Practice
& and
Higher
Revision?Page
Tier Bundle 4
4
7 The UK government sets an inflation target.
What might happen if inflation is above this target?
Interest rates will:
A decrease to discourage saving
B decrease to encourage more investment
C increase to discourage consumer spending
D increase to encourage more borrowing
Your answer [1]
8 What is not a purpose of government spending?
A To ensure everyone has access to health services
B To increase the welfare of the population
C To maintain a balanced current account
D To reduce inequality in the distribution of income
Your answer [1]
9 An individual’s only source of income has risen in nominal value but fallen in real value.
As a result, the individual will
A be unable to buy all the same products
B decide to save more of their income
C have less money to spend
D not have to pay as much direct tax
Your answer [1]
© OCR 2025
4?OCRPage
GCSE42025
(9?1) Official Question Paper with Complete Marking Scheme, Answers, and Step-by-Step Solutions for Exam Practice and Revision?
OCR OCR
GCSEOCR
GCSE
(9–1)
GCSE
(9–1)
Economics
(9–1)
Economics
Economics
J205-02
J205-02
National
J205-02
National
and
National
International
and International
and International
Economics
Economics
Economics
May 2025
May 2025
Afternoon
May 2025
Afternoon
Afternoon
Question
Question
Paper
Question
Paper
& Marking
Paper
& Marking
&
Scheme.pdf
Marking
Scheme.pdf
Scheme.pdf
