Economics 7136/1 June 2020

AQA A Level Economics (7136) Jun 2020

معلم موافق رایگان بودن است.

The exam investigates market mechanisms, failures, and economic policies. Section A explores the circular economy and the adult social care market, emphasizing environmental sustainability, resource efficiency, market failures, labor market dynamics, and social policy challenges. Topics include externalities, recycling, wage pressures, public versus private provision, and taxation. Section B covers taxation and regulation of multinational technology firms, efficiency versus equity trade-offs, and imperfect competition, focusing on monopoly power, production possibility frontiers, price discrimination, and market failure. The paper stresses the application of economic theories, data analysis, and evaluation of policy interventions to address contemporary economic issues.