ExpertAQA GCSE
AQA GCSE Economics Paper 1
27 free questions · No sign-up required to browse
AQA General Tier exam-style practice paper with complete mark schemes, hints, and detailed explanations.
27
Questions
Medium
Difficulty
48%
Pass mark
Difficulty breakdown
Easy(17)
Medium(7)
Hard(4)
Topics covered
Browse all topics →Sample questions
Q01Easy1 mark
Which of the following best describes the equilibrium price in a market?
Q02Medium1 mark
Which of the following could lead to a reduction in the quantity supplied of a product?
Q03Easy1 mark
A firm can reduce its average costs in the long run by making effective use of a large machine. This is an example of
Q04Easy1 mark
Which of the following would be included in the tertiary sector of an economy?
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All questions (28)
Free to browse · no sign-up requiredQ01Which of the following best describes the equilibrium price in a market?EasyQ02Which of the following could lead to a reduction in the quantity supplied of a product?MediumQ03A firm can reduce its average costs in the long run by making effective use of a large machine. This is an example ofEasyQ04Which of the following would be included in the tertiary sector of an economy?EasyQ05Which of the following is an example of a variable cost?EasyQ06In which jobs are earnings likely to be highest?EasyQ07Which of the following is a reason for a firm having price elastic supply?MediumQ08A 5% decrease in the price of newspapers leads to a 4% increase in the quantity demanded. What is the price elasticit...EasyQ09Which of the following are most likely to be substitutes for each other?EasyQ10Table 1 shows the quantities of wood supplied and demanded at various prices.
**Table 1**
| Price (£ per tonne) | Qu...EasyQ11State two different examples of the factor of production known as land.EasyQ12Explain one reason why an individual consumer may have to make an economic choice.EasyQ13Explain one benefit of specialisation for an individual worker.EasyQ14.1Using Table 2, calculate the average fixed cost of making 15 surfboards.
**Table 2**
| Number of surfboards produced...MediumQ14.2Explain one business objective Paul might have.EasyQ15Using Figure 1, analyse possible reasons for the differences in price elasticity of demand for the two products.
**F...HardQ16State two features of a non-competitive market.EasyQ17Explain one possible disadvantage to a firm of increasing its scale of output.EasyQ18Explain one key economic decision for a producer.EasyQ19.1Using Figure 2, calculate Tharun's annual net pay.
**Figure 2**
| | |
|---|---|
| Gross pay (monthly) | £2500 |
| Na...MediumQ19.2Explain one reason why Tharun may earn more than a cleaner.EasyQ20Draw and label the effects of an increase in the price of petrol cars on the market for petrol.MediumQ21Using Figure 3 and Table 3, assess whether the advantages of a competitive market such as a local farmers' market out...HardQ22Define the term 'social cost'.EasyQ23Using Item A and Figure 5, calculate the estimated total cost per kilometre of HS2. Give your answer to the nearest £.MediumQ24Analyse the possible impact(s) upon labour markets of the cancellation of part of Phase 2b of HS2 to Leeds.HardQ25Explain two possible external benefits of HS2.MediumQ26Do you think that the overall benefits of HS2 are likely to be greater than the costs? Use Items A and B and your own...Hard