Skip to content
MathsGenie logo
Pricing
Open app

Home

Revision planner

Ask Genie AI

Worksheets

Question Rush

Economics cover artwork
  1. GCSE
  3. Economics OCR

Economics

Spec J205

Free OCR GCSE Economics revision: 639 exam-style questions and past papers from 2019–2025 with mark schemes.

1 Introduction to Economics

1.1 Main economic groups and factors of production

1.2 The basic economic problem

2 The role of markets and money

2.1 The role of markets

2.2 Demand

2.3 Supply

2.4 Price

2.5 Competition

2.6 Production

2.7 The labour market

2.8 The role of money and financial markets

3 Economic objectives and the role of government

3.1 Economic growth

3.2 Low unemployment

3.3 Fair distribution of income

3.4 Price stability

3.5 Fiscal policy

3.6 Monetary policy

3.7 Supply side policies

3.8 Limitations of markets

4 International trade and the global economy

4.1 Importance of international trade

4.2 Balance of payments

4.3 Exchange rates

4.4 Globalisation

Quantitative skills requirement

Calculations

Construction of graphs

Interpretation and use of quantitative data to support and justify economic decisions

Assessment at a glance

AssessmentFormatDurationMarksWeighting
Introduction to Economics (J205/01)Written exam1h 30m80 marks50%
National and International Economics (J205/02)Written exam1h 30m80 marks50%

Course aims & skills

OCR 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

Frequently Asked Questions