Paper 3 Guidance (Edexcel A Level Economics A)
Revision Note
What Is Examined in the Edexcel A Level Economics Paper 3?
This paper is focused on Microeconomics and Macroeconomics from all four Themes
The paper’s duration is two hours
The total number of marks available is 100
Paper 3 represents 30% of the qualification total
It is made up of two sections:
Section A
Section A contains Question 1, which is subdivided into 5 sub-questions worth a total of 50 marks
You must answer all questions from 1(a) to 1(c) and then either 1(d) or 1(e)
The breakdown for Question 1 is:
1a: 5 marks: points marked question requiring you to show knowledge application and analysis (KAA). No evaluation is required. 5 marks for KAA
1b: 8 marks: points marked question requiring you to show knowledge application, analysis, and evaluation. 8 marks for KAA, 2 marks for Evaluation
1c: 12 marks: Levelled-marked question: 8 marks for KAA, 4 marks for Evaluation
Examiner Tips and Tricks
Read questions (a), (b), and (c) before reading the extracts and data. Try to highlight the key areas of information you can use for application in your answers. Allocate around a minute per mark for each question so you do not spend more than 30 minutes answering these three questions
Select either 1(d) or 1(e): 25 marks: Levelled-marked questions: 16 marks for KAA, 9 marks for Evaluation
The 25 marks questions typically involve detailed application of knowledge, analysis, and evaluation to complex microeconomic and macroeconomic issues, requiring a deep understanding of microeconomic and macroeconomic theory
They may ask you to evaluate microeconomic and macroeconomic factors, policies, outcomes, causes, effects, and implications. The questions will have a global, national, market, or business context, requiring you to apply your own examples with the extracts and/or data provided to the specification content in Themes 1, 2, 3, and 4
Examiner Tips and Tricks
Read and think about both questions carefully so as to avoid starting and answer - and then changing your mind. Remember to use micro and macro arguments. You should spend 30 minutes on this question
Section B
Section B contains Question 2, which is subdivided into 5 sub-questions worth a total of 50 marks
You must answer all questions from 2(a) to 2(c) and then either 2(d) or 2(e)
The breakdown for Question 2 is:
2a: 5 marks: points marked question requiring you to show knowledge application and analysis (KAA). No evaluation is required. 5 marks for KAA
2b: 8 marks: points marked question requiring you to show knowledge application, analysis, and evaluation. 8 marks for KAA, 2 marks for Evaluation
2c: 12 marks: Levellled-marked question: 8 marks for KAA, 4 marks for Evaluation
Examiner Tips and Tricks
Read questions (a), (b), and (c) before reading the extracts and data. Try to highlight the key areas of information you can use for application in your answers. Allocate around a minute per mark for each question so you do not spend more than 30 minutes answering these three questions
Select either 2(d) or 2(e): 25 marks: Levelled-marked questions: 16 marks for KAA, 9 marks for Evaluation
The 25 marks questions typically involve detailed application of knowledge, analysis, and evaluation to complex microeconomic and macroeconomic issues, requiring a deep understanding of microeconomic and macroeconomic theory.
They may ask you to evaluate microeconomic and macroeconomic factors, policies, outcomes, causes, effects, and implications. The questions will have a global, national, market, or business context, requiring you to apply your own examples with the extracts and/or data provided to the specification content in Themes 1, 2, 3, and 4
Examiner Tips and Tricks
Read and think about both questions carefully so as to avoid starting your answer - and then changing your mind. Remember to use micro and macro arguments. You should spend 30 minutes on this question
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