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Model Economics Essays

• This is a selection of over 40 A2 Level Economic essays and model answers in pdf form.
• All questions are taken from past exam papers. I have chosen questions which are appropriate for all exam boards. See also: AS Level Economic Essays
• Of all the teaching resources I give my students, they say that model essay answers are the most helpful. These answers will help you understand what is required to get an A grade.

Model Essays Will Help:

• Essay Writing technique.
• How To answer the question asked.
• How to evaluate questions which require it.
• Separate page giving advice on the important evaluation component of the exam.
• The essays were all written exclusively for this pdf guide.
• List of 41 questions included in the pdf at the bottom.
• View: Sample Micro Essay

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Using the Model Essays

• Note: I usually wouldn't give such a resource to my students until a few weeks before the exam. If you got a similar question for homework, don't try to pass these off as your own. I think it would show anyway. The whole point of this guide is to show how an economics essay can be written; and help you to write your own answers.
• A good way to use this guide, is to take a question and write down an essay plan of what you would write for the question. Then have a look at my answer, see what is missing, consider whether you understood what the question was asking.
• Also, note how much evaluation I will add for any question which asks for Discuss, evaluate, Assess e.t.c
• There are other points that could be made in these essays; there are often different ways that you can get full marks. But, one feature of these essays is that they don't waste any words writing about issues not relevant to the question.

Examiner

I have marked literally 1,000s of A level exam papers during the past 6 years I have worked for Edexcel. Being an examiner gives a good idea of what is necessary to get full marks.

List of Micro Economics Essays in Guide

1. Explain how firms within an oligopolistic market compete
2. Discuss the Impact of deregulation on the local bus industry in Great Britain
3. Evaluate the view that the government should give financial assistance to firms producing cars in the UK to increase their competitiveness.
4. Soap celebrities receive high pay, while those in disagreeable occupations, such as street cleaners, are among the most lowly paid. How does economic theory explain such differences in pay ?
5. Assess the case for and against the government intervening to raise the disposable income of workers on low pay.
6. Explain how interdependence and uncertainty affect the behaviour of firms in Oligopolistic markets
7. Evaluate the view that only producers and not consumers, benefit when oligopolistic firms collude to try to reduce the uncertainty they experience.
8. Do you agree that if a trade union persuades employers to increase wages in a labour market, employment must inevitably fall in that labour market? Justify your answer?
9. Assess three labour Market Policies which might be used to increase the level of employment amongst incapacity claimants and lone parents on benefits.
10. Explain why contestable markets generally function more efficiently than non-contestable markets.
11. Evaluate the view that government intervention can correct all the market failures caused by the effects of economic activity on the environment
12. Evaluate different ways in which governments could make markets more competitive.
13. Explain why economists usually regard Monopoly as an undesirable form of market structure.
14. In some European Countries, price controls are imposed upon pharmaceutical companies. Discuss the case for government intervention to control market prices
15. Explain Various Barriers to Entry to a Market and how these barriers might affect market structure.
16. In the past, utility industries such as the postal service, electricity and gas, have been heavily protected by entry barriers. Evaluate the possible effects on efficiency and resource allocation of removing these barriers.
17. Explain the meaning of price discrimination and the conditions necessary for price discrimination.
18. Evaluate the view that, because price discrimination enables firms to make more profit, firms, but not consumers, benefit from price discrimination.
19. Explain the main features of Cost Benefit Analysis and two Problems encountered in its use.
20. Discuss the case for a toll on motorway travel.
21. Discuss the impact of net migration on UK Labour Markets

List of Macro Economic Essays

1. Compare the Effectiveness of Supply side and Fiscal Policies to Correct deficits on a country’s current account of the Balance of Payments.
2. Assess the Economic effects of a significant increase in taxation on the UK economy.
3. Evaluate the likely economic Effects of a decision by the UK to withdraw from the European Union.
4. Both the UK and US balance of payments accounts are recording large deficits on their trade in goods balance. Do such deficits matter? Justify your answer.
5. Explain how countries benefit from international trade even though they may produce similar goods and services.
6. Discuss the factors that determine the trade competitiveness of the UK economy
7. Explain how a decrease in Government Spending can result in a greater change in the equilibrium level of national income
8. A Government is faced with an unacceptably high level of unemployment, but does not wish to increase its overall expenditure. Discuss alternative Policies for reducing unemployment.
9. Explain the likely economic reasons for Government Borrowing.
10. Evaluate the possible Problems for the UK economy of increased government borrowing.
11. Explain possible causes of Economic Growth.
12. Evaluate the potential impact on the economic growth of the UK economy if it were to adopt the single European currency.
13. Evaluate the possible impact of the expansion in the EU on UK economic performance
14. Explain how a fall in the rate of inflation might be achieved by both demand-side and supply-side Policies.
15. Explain how exchange rates are determined in a floating exchange rate system.
16. Evaluate the possible consequences of a falling rate of inflation for the performance of the UK economy.
17. Evaluate the possible impact on UK macroeconomic performance of a sustained rise in the value of the pound sterling against the euro and the US dollar.
18. Discuss the Impact of An Increase in Interest Rates.
19. Explain What would cause an appreciation in the Euro.
20. Discuss how the government might improve the UK’s Long term Economic growth.

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