A Level Economics
Question Bank Theme
2 Edexcel A 2021
,2021 Edition
EXCESS EARNING
L
LEARNING
exam success at your fingertips
A-LEVEL ECONOMICS
QUESTIONS Edexcel A
, This workbook includes questions from past exam
papers. It covers Theme 2, The UK Economy, and is
arranged according to topic and in order of
appearance in the specification.
A detailed table of contents has been provided to you.
You should attempt each question 2-3x. Repetition is
key to success.
Focus on questions that cover topics you’re weakest
in first. Once you become more confident with these,
move on to attempt the rest of the workbook.
Key Questions to Note:
• Questions marked with an asterisk (*) are examined
regularly and have appear in exams each year.
• Questions marked with two asterisks (**) indicate
questions tested rigourously, sometimes multple
times within the same paper.
• Solutions to these questions can be found within the
community section on the website:
www.excesslearning.com
1
, CONTENTS
Theme 2:
The UK Economy - Performance and Policies
2.1 Measures of economic performance
a. Growth (GDP, GNI, GNP, PPP) 4
b. Inflation * 10
c. Unemployment 21
d. Balance of Payments 27
2.2 Aggregate demand (AD) ** 32
2.3 Aggregate supply (AS) ** 32
2.4. National Income
a. Circular flow of income 41
b. The multiplier 43
2.5. Economic Growth
a. Output gaps 47
b. Trade (business) cycles 47
2
Question Bank Theme
2 Edexcel A 2021
,2021 Edition
EXCESS EARNING
L
LEARNING
exam success at your fingertips
A-LEVEL ECONOMICS
QUESTIONS Edexcel A
, This workbook includes questions from past exam
papers. It covers Theme 2, The UK Economy, and is
arranged according to topic and in order of
appearance in the specification.
A detailed table of contents has been provided to you.
You should attempt each question 2-3x. Repetition is
key to success.
Focus on questions that cover topics you’re weakest
in first. Once you become more confident with these,
move on to attempt the rest of the workbook.
Key Questions to Note:
• Questions marked with an asterisk (*) are examined
regularly and have appear in exams each year.
• Questions marked with two asterisks (**) indicate
questions tested rigourously, sometimes multple
times within the same paper.
• Solutions to these questions can be found within the
community section on the website:
www.excesslearning.com
1
, CONTENTS
Theme 2:
The UK Economy - Performance and Policies
2.1 Measures of economic performance
a. Growth (GDP, GNI, GNP, PPP) 4
b. Inflation * 10
c. Unemployment 21
d. Balance of Payments 27
2.2 Aggregate demand (AD) ** 32
2.3 Aggregate supply (AS) ** 32
2.4. National Income
a. Circular flow of income 41
b. The multiplier 43
2.5. Economic Growth
a. Output gaps 47
b. Trade (business) cycles 47
2
