Eggzams / A Level practice questions / A Level Economics
Cambridge International AS & A Level · 9708
A Level Economics practice questions, by topic
Eggzams has 1,350 original A Level Economics questions for the Cambridge International AS & A Level 9708 syllabus, organised into 27 topics. Topics include Basic Economic Ideas and Resource Allocation, Price Determination (Demand and Supply), Price Elasticity (PED, PES, YED, XED), Market Failure and Government Microeconomic Intervention and Types of Business Organisation. Every question has an explanation after you answer, so a wrong answer becomes a mini-lesson.
Sample A Level Economics questions
Here is the kind of question you will get, with the explanation that follows every answer. These are free in the app.
A Level Economics (9708) · Income and Wealth Distribution, Poverty
A person could have high wealth but relatively low income if, for example, they:
- Have no assets at all and are currently employed
- Earn a very high salary but own no assets whatsoever
- Own valuable property or assets but are retired and earn little current income
- Have negative wealth and negative income simultaneously
Someone who owns valuable property or other assets, but is retired or between jobs, may hold substantial wealth while currently earning little or no income.
A Level Economics (9708) · Balance of Payments and Exchange Rates
The 'trade in goods' component of the current account records:
- The value of physical, tangible goods exported and imported
- Only the value of investment income received from abroad
- The value of services, such as tourism and banking, exported and imported
- Only government spending on foreign aid
This component records the value of physical, tangible goods exported and imported, such as cars, food, or machinery.
A Level Economics (9708) · Labour Market: Advanced (Monopsony, Trade Unions, Wage Differentials)
Because a monopsonist is the sole (or dominant) buyer of labour, the labour supply curve it faces is:
- Identical to a perfectly competitive firm's labour supply curve
- A perfectly vertical curve, unrelated to the wage offered
- A perfectly horizontal curve at a single, fixed wage
- The upward-sloping market supply curve of labour, rather than a flat wage-taking curve
Since the monopsonist faces the entire market supply of labour to that occupation, the labour supply curve it faces is the upward-sloping market supply curve, rather than a flat curve at a fixed wage.
Topics covered: 27 topics, 1,350 questions
A Level Economics on Eggzams is split into the topics below, so you can drill exactly the part you find hardest instead of working through a textbook in order. Each topic has its own progress tracker.
- Basic Economic Ideas and Resource Allocation
- Price Determination (Demand and Supply)
- Price Elasticity (PED, PES, YED, XED)
- Market Failure and Government Microeconomic Intervention
- Types of Business Organisation
- Theory of the Firm: Costs, Revenue and Profit
- Market Structure: Perfect Competition and Monopoly
- Market Structure: Monopolistic Competition and Oligopoly
- The Labour Market and Wage Determination
- Income and Wealth Distribution, Poverty
- The Macroeconomy: National Income and Circular Flow
- Aggregate Demand and Aggregate Supply
- Money and Banking
- Inflation, Unemployment and Economic Growth
- Fiscal Policy
- Monetary Policy and Supply-Side Policy
- International Trade and Trade Protection
- Balance of Payments and Exchange Rates
- Economic Growth and Sustainable Development
- Theory of the Firm: Advanced (Price Discrimination, Contestable Markets)
- Government Microeconomic Intervention: Advanced (Externalities, Public Goods, Cost-Benefit Analysis)
- Labour Market: Advanced (Monopsony, Trade Unions, Wage Differentials)
- Macroeconomic Policy: Advanced (Phillips Curve, Policy Conflicts, International Competitiveness)
- Developing Economies and Growth/Development Strategies
- Consumer Theory: Utility, Marginal Utility and Demand
- Consumer Theory: Indifference Curves and Budget Lines
- Efficiency, Pareto Optimality and Market Failure
How to practise A Level Economics with Eggzams
Pick one topic, answer a short run of questions, and read the explanation after every answer, right or wrong. Repeat the topics where your accuracy is lowest. Questions come in easy, medium and hard, so you can build up in each topic and see the difficulty rise as you improve.
Try 5 questions in every topic, free
Create a free account to start. One $9.99 payment unlocks everything, with no subscription, ever.
Frequently asked
How many A Level Economics practice questions does Eggzams have?
1,350 original questions across 27 topics, each with an explanation.
Are these real A Level Economics past paper questions?
No. Every question is written from scratch and checked against the current syllabus. Eggzams never copies or reproduces past exam papers.
Is A Level Economics practice free?
The first 5 questions in every topic are free once you create a free account. A one-time payment of $9.99 unlocks everything in the app, with no subscription.
Is Eggzams affiliated with Cambridge University Press & Assessment (Cambridge International Education)?
No. Eggzams is an independent study aid, not affiliated with, authorised by, or endorsed by Cambridge University Press & Assessment (Cambridge International Education).
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