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  1. GCSE
  3. Economics AQA

Economics

Spec 8136

Free AQA GCSE Economics revision: 545 exam-style questions and past papers from 2019–2025 with mark schemes.

1 How markets work

1.1 Economic foundations

1.2 Resource allocation

1.3 How prices are determined

1.4 Production, costs, revenue and profit

1.5 Competitive and concentrated markets

1.6 Market failure

2 How the economy works

2.1 Introduction to the national economy

2.2 Government objectives

2.3 How the government manages the economy

2.4 International trade and the global economy

2.5 The role of money and financial markets

Quantitative skills in economics

Quantitative skills in economics

Assessment at a glance

AssessmentFormatDurationMarksWeighting
Paper 1: How Markets WorkWritten exam1h 45m80 marks50%
Paper 2: How the Economy WorksWritten exam1h 45m80 marks50%

Course aims & skills

AQA GCSE Economics builds the skills examiners reward. By the end of the course you should be able to:

  • interpret and analyse economic data from tables, charts and graphs
  • calculate key economic measures such as price elasticity, GDP growth and inflation
  • draw and interpret supply and demand diagrams
  • explain how markets allocate resources
  • apply economic concepts to real-world national and global contexts
  • evaluate the costs and benefits of government economic policies
  • analyse the causes and consequences of market failure
  • make reasoned judgements using both qualitative and quantitative evidence
  • consider the ethical and sustainability impacts of economic decisions

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