Examiners’ Report
June 2022
GCE Economics B 9EB0 02
,Edexcel and BTEC Qualifications
Edexcel and BTEC qualifications come from Pearson, the UK's largest awarding body. We
provide a wide range of qualifications including academic, vocational, occupational and
specific programmes for employers. For further information visit our qualifications websites
at www.edexcel.com or www.btec.co.uk.
Alternatively, you can get in touch with us using the details on our contact us page at
www.edexcel.com/contactus.
Giving you insight to inform next steps
ResultsPlus is Pearson's free online service giving instant and detailed analysis of your
students' exam results.
See students' scores for every exam question.
Understand how your students' performance compares with class and national averages.
Identify potential topics, skills and types of question where students may need to develop
their learning further.
For more information on ResultsPlus, or to log in, visit www.edexcel.com/resultsplus. Your
exams officer will be able to set up your ResultsPlus account in minutes via Edexcel Online.
Pearson: helping people progress, everywhere
Pearson aspires to be the world’s leading learning company. Our aim is to help everyone
progress in their lives through education. We believe in every kind of learning, for all kinds of
people, wherever they are in the world. We’ve been involved in education for over 150 years,
and by working across 70 countries, in 100 languages, we have built an international
reputation for our commitment to high standards and raising achievement through
innovation in education. Find out more about how we can help you and your students at:
www.pearson.com/uk.
June 2022
Publications Code 9EB0_02_2206_ER
All the material in this publication is copyright
© Pearson Education Ltd 2022
GCE Economics B 9EB0 02 2
, Introduction
This was the fifth series of the Advanced level Economics B – Paper 2: Competing in the
global economy.
The paper is divided into three sections.
Section A consists of eight questions based upon four data extracts.
Section B consists of two data extracts and one 20-mark essay question.
Section C consists of three data extracts and one 20-mark question.
Overall, candidates performed well on this paper but with some areas of knowledge that
require improved understanding. For example, a successful response to question 1(h)
required an understanding of the likely impact of high investment upon both aggregate
demand (AD) and aggregate supply (AS). However, a number of candidates, although able to
produce a simple diagram, did not seem to understand how investment affect AD and AS.
Question 1(b) required an understanding of both how the median is calculated and the
characteristics of developed economies in respect of the service sector. Construction being a
product-based rather than a service-oriented industry, was mistakenly included in the
median calculation by many candidates.
Question 1(g) required candidates to use the data provided to assess the apparent impact of
a minimum wage on income inequality. Despite the data suggesting otherwise, many
candidates suggested that a lack of a minimum wage led to higher income inequality in
Denmark than in the UK. In a similar way, copying out sections of the extracts for question 3,
rather than using these to support analysis or evaluation, did not support candidates in
achieving a satisfactory level of response.
In Sections B and C, the essay questions can be supported by candidates' own examples
arising from their study of the subject over the previous two years. For example, a question
that asks for a response relating to a specific context, for example the economy of Brazil in
question 3, must be included in the answer. However, it was pleasing to see some candidates
questioning the categorisation of Brazil as a ‘developing economy’. However, such an
evaluation has to be supported by evidence and not just included as an unsupported
assertion.
3 GCE Economics B 9EB0 02
, Question 1 (a)
This question required candidates to select the correct values in order to calculate GDP per
capita for the UK in 2017 using data from extract A.
The majority of candidates managed to perform a calculation but with the main errors being
in orders of magnitude. There were a variety of answers for GDP per capita which ranged
from £0.03 to £3,212,121.
GCE Economics B 9EB0 02 4
June 2022
GCE Economics B 9EB0 02
,Edexcel and BTEC Qualifications
Edexcel and BTEC qualifications come from Pearson, the UK's largest awarding body. We
provide a wide range of qualifications including academic, vocational, occupational and
specific programmes for employers. For further information visit our qualifications websites
at www.edexcel.com or www.btec.co.uk.
Alternatively, you can get in touch with us using the details on our contact us page at
www.edexcel.com/contactus.
Giving you insight to inform next steps
ResultsPlus is Pearson's free online service giving instant and detailed analysis of your
students' exam results.
See students' scores for every exam question.
Understand how your students' performance compares with class and national averages.
Identify potential topics, skills and types of question where students may need to develop
their learning further.
For more information on ResultsPlus, or to log in, visit www.edexcel.com/resultsplus. Your
exams officer will be able to set up your ResultsPlus account in minutes via Edexcel Online.
Pearson: helping people progress, everywhere
Pearson aspires to be the world’s leading learning company. Our aim is to help everyone
progress in their lives through education. We believe in every kind of learning, for all kinds of
people, wherever they are in the world. We’ve been involved in education for over 150 years,
and by working across 70 countries, in 100 languages, we have built an international
reputation for our commitment to high standards and raising achievement through
innovation in education. Find out more about how we can help you and your students at:
www.pearson.com/uk.
June 2022
Publications Code 9EB0_02_2206_ER
All the material in this publication is copyright
© Pearson Education Ltd 2022
GCE Economics B 9EB0 02 2
, Introduction
This was the fifth series of the Advanced level Economics B – Paper 2: Competing in the
global economy.
The paper is divided into three sections.
Section A consists of eight questions based upon four data extracts.
Section B consists of two data extracts and one 20-mark essay question.
Section C consists of three data extracts and one 20-mark question.
Overall, candidates performed well on this paper but with some areas of knowledge that
require improved understanding. For example, a successful response to question 1(h)
required an understanding of the likely impact of high investment upon both aggregate
demand (AD) and aggregate supply (AS). However, a number of candidates, although able to
produce a simple diagram, did not seem to understand how investment affect AD and AS.
Question 1(b) required an understanding of both how the median is calculated and the
characteristics of developed economies in respect of the service sector. Construction being a
product-based rather than a service-oriented industry, was mistakenly included in the
median calculation by many candidates.
Question 1(g) required candidates to use the data provided to assess the apparent impact of
a minimum wage on income inequality. Despite the data suggesting otherwise, many
candidates suggested that a lack of a minimum wage led to higher income inequality in
Denmark than in the UK. In a similar way, copying out sections of the extracts for question 3,
rather than using these to support analysis or evaluation, did not support candidates in
achieving a satisfactory level of response.
In Sections B and C, the essay questions can be supported by candidates' own examples
arising from their study of the subject over the previous two years. For example, a question
that asks for a response relating to a specific context, for example the economy of Brazil in
question 3, must be included in the answer. However, it was pleasing to see some candidates
questioning the categorisation of Brazil as a ‘developing economy’. However, such an
evaluation has to be supported by evidence and not just included as an unsupported
assertion.
3 GCE Economics B 9EB0 02
, Question 1 (a)
This question required candidates to select the correct values in order to calculate GDP per
capita for the UK in 2017 using data from extract A.
The majority of candidates managed to perform a calculation but with the main errors being
in orders of magnitude. There were a variety of answers for GDP per capita which ranged
from £0.03 to £3,212,121.
GCE Economics B 9EB0 02 4
