Pearson Edexcel GCE AS Level In Economics A

Mark Scheme (Results) Summer 2025 Pearson Edexcel GCE AS Level In Economics A (8EC0) Paper 2 The Uk economy – Performance and policies 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 or . Alternatively, you can get in touch with us using the details on our contact us page at 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: Summer 2025 Question Paper Log Number P72115A Publications Code 8EC0_02_2506_MS All the material in this publication is copyright © Pearson Education Ltd 2025 General marking guidance • All candidates must receive the same treatment. Examiners must mark the last candidate in exactly the same way as they mark the first. • Mark schemes should be applied positively. Candidates must be rewarded for what they have shown they can do rather than be penalised for omissions. • Examiners should mark according to the mark scheme – not according to their perception of where the grade boundaries may lie. • 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/indicative content will not be exhaustive. • When examiners are in doubt regarding the application of the mark scheme to a candidate’s response, a senior examiner must be consulted before a mark is given. • Crossed-out work should be marked unless the candidate has replaced it with an alternative response. Question Number Answer Mark 1(a) The only correct answer is A B is not correct as unemployment did not rise as a result of people changing jobs C is not correct as unemployment did not rise due to changes in seasons D is not correct as unemployment did not rise due to changes in technology/sectors (1) Question Number Answer Mark 1(b) Knowledge 1, Application 1, Analysis 1 Knowledge/understanding: 1 mark for, e.g. • This increase in the rate of unemployment leads to a reduction in the number of people paying income tax (1) • This increase in the rate of unemployment leads to a rise in number claiming/receiving unemployment benefits (1) Application: 1 mark for, for e.g. • Between January 2020 and December 2020 the rate of unemployment in the UK increased from 3.9% / to 5.2% / by 1.3 percentage points (1) Analysis: 1 mark for linked development, e.g. • Fall in the government tax revenues and thus resulting in a budget deficit/worsening of government budget (1) • Increase in government expenditure and thus resulting in a budget deficit/worsening of government budget (1) (3)