Economics paper1
Mark Scheme (Results)
Summer 2025
Pearson Edexcel GCE A
Level In Economics A
(9EC0)
Paper 01 Markets and Business Behaviour
Economics paper1
,Economics paper1
Edexcel and BTEC Qualifications
Edexcel and BTEC qualifications are awarded by 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.
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
Summer 2025
Question Paper Log Number P80499A
Publications Code 9EC0_01_2506_MS
All the material in this publication is copyright
© Pearson Education Ltd 2025
Economics paper1
,Economics paper1
General Marking Guidance
All candidates must receive the same treatment.
Examiners must mark the first candidate in exactly the
same way as they mark the last.
Mark schemes should be applied positively.
Candidates must be rewarded for what they have shown
they can do rather than penalised for omissions.
Examiners should mark according to the mark
scheme not according to their perception of where the
grade boundaries may lie.
There is no ceiling on achievement. All marks on the
mark scheme should be used appropriately.
All the marks on the mark scheme are designed to be
awarded. Examiners should always award full marks if
deserved, i.e. if the answer matches the mark scheme.
Examiners should also be prepared to award zero marks if
the candidate’s response is not worthy of credit according
to the mark scheme.
Where some judgement is required, mark schemes
will provide the principles by which marks will be awarded
and exemplification may be limited.
When examiners are in doubt regarding the
application of the mark scheme to a candidate’s response,
the team leader must be consulted.
Crossed out work should be marked UNLESS the
candidate has replaced it with an alternative response.
Economics paper1
, Economics paper1
Q Answer M
u a
e r
s k
t
i
o
n
N
u
m
b
e
r
1 Knowledge 2,
( Application 2
a
) Knowledge/Understanding: (up to 2
marks)
1 mark for identifying each correct
price/output level e.g. Identify revenue
maximisation position: for example,
where MR=0 or output level 130 or price
£10 (1)
Identify profit maximisation position: for
example, where MR=MC or output level
98 or price £14 (1)
Application: (up to 2 marks)
Calculate total supernormal profit at
revenue maximisation position: for
example, total revenue – total cost = total
profit:
£1300 – £1040 = £260 (1)
OR
£10-£8 = £2, £2 × £130 = £260 (1)
OR
Calculate total profit at profit
maximisation position: £1372 (
- £686 = £686 (1) 4
OR )
£14-£7 = £14, £7 × £98 = £686 (1)
£686-£260 = £426
Award full 4 marks for £426
Award 3 marks if candidate writes -
£426
Economics paper1
Mark Scheme (Results)
Summer 2025
Pearson Edexcel GCE A
Level In Economics A
(9EC0)
Paper 01 Markets and Business Behaviour
Economics paper1
,Economics paper1
Edexcel and BTEC Qualifications
Edexcel and BTEC qualifications are awarded by 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.
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
Summer 2025
Question Paper Log Number P80499A
Publications Code 9EC0_01_2506_MS
All the material in this publication is copyright
© Pearson Education Ltd 2025
Economics paper1
,Economics paper1
General Marking Guidance
All candidates must receive the same treatment.
Examiners must mark the first candidate in exactly the
same way as they mark the last.
Mark schemes should be applied positively.
Candidates must be rewarded for what they have shown
they can do rather than penalised for omissions.
Examiners should mark according to the mark
scheme not according to their perception of where the
grade boundaries may lie.
There is no ceiling on achievement. All marks on the
mark scheme should be used appropriately.
All the marks on the mark scheme are designed to be
awarded. Examiners should always award full marks if
deserved, i.e. if the answer matches the mark scheme.
Examiners should also be prepared to award zero marks if
the candidate’s response is not worthy of credit according
to the mark scheme.
Where some judgement is required, mark schemes
will provide the principles by which marks will be awarded
and exemplification may be limited.
When examiners are in doubt regarding the
application of the mark scheme to a candidate’s response,
the team leader must be consulted.
Crossed out work should be marked UNLESS the
candidate has replaced it with an alternative response.
Economics paper1
, Economics paper1
Q Answer M
u a
e r
s k
t
i
o
n
N
u
m
b
e
r
1 Knowledge 2,
( Application 2
a
) Knowledge/Understanding: (up to 2
marks)
1 mark for identifying each correct
price/output level e.g. Identify revenue
maximisation position: for example,
where MR=0 or output level 130 or price
£10 (1)
Identify profit maximisation position: for
example, where MR=MC or output level
98 or price £14 (1)
Application: (up to 2 marks)
Calculate total supernormal profit at
revenue maximisation position: for
example, total revenue – total cost = total
profit:
£1300 – £1040 = £260 (1)
OR
£10-£8 = £2, £2 × £130 = £260 (1)
OR
Calculate total profit at profit
maximisation position: £1372 (
- £686 = £686 (1) 4
OR )
£14-£7 = £14, £7 × £98 = £686 (1)
£686-£260 = £426
Award full 4 marks for £426
Award 3 marks if candidate writes -
£426
Economics paper1
