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7135 · AQA AS Level

7135/21

AS Level Economics Paper 2

Economics · June 2023 · Variant 1

Relative difficulty

Standard · 3.4/5

Analysis source: AQA

Analysis aligned to the official syllabus and assessment design.

Relative difficulty

3.4 / 5

Total marks

140

Duration

180 min

Most tested topic

Macroeconomic Policy and Government Intervention

Cohort performance

Session statistics from official examination reports

Total marks

140

Duration

180 min

Session difficulty

3.4 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

A significant portion of marks resided in the high-tariff 25-mark evaluation questions, where students had to demonstrate clear logical chains of reasoning and structured evaluation.

2

Excellent performance in the quantitative elements of Section B (calculating price indices and VAT adjustments) acted as a major differentiator.

3

Conversely, many students lost valuable marks in the definitions by failing to provide precise economic terminology.

Question difficulty map

How candidates performed on each question in this series

No data available in official reports

Assessment objectives

Skill and AO weighting from official examiner commentary

Knowledge and Understanding4
Application3
Analysis2
Evaluation1

Skill weighting

Shows the skill mix this paper tested most heavily.

Knowledge and UnderstandingKnowledge andUnderstandingApplicationApplicationAnalysisAnalysisEvaluationEvaluation
SkillWeightShare
  • Knowledge and Understanding

    Weight: 4100%
  • Application

    Weight: 375%
  • Analysis

    Weight: 250%
  • Evaluation

    Weight: 125%

Method marks watchlist

Where working, steps, or method marks were commonly lost

Method marks

In quantitative questions, by not showing working stages, preventing candidates from earning method marks if their final calculation is incorrect.

Recurring mistakes across years

Themes examiners flag in multiple recent sessions for this subject

No data available in official reports

Question choice intelligence

Mean scores and popularity for optional questions (HKDSE electives)

No data available in official reports

Level exemplars

What candidate scripts at each grade level looked like

No data available in official reports

Grade & admission context

How marks relate to grade thresholds and entry standards

Report type

Examiner report — national grade boundaries and question-level commentary

Level A

Approx. 71% of maximum mark

Level B

Approx. 64% of maximum mark

Level C

Approx. 56% of maximum mark

Level D

Approx. 49% of maximum mark

Level E

Approx. 43% of maximum mark

Deep insights

What top candidates did

Techniques and approaches examiners rewarded in this series

No data available in official reports

Command word playbook

How to match each command word to the expected response style

DefineFrequency: 2

Match the expected response style for “Define” questions.

CalculateFrequency: 2

Show formula, substitution, and unit; method marks need visible working.

IdentifyFrequency: 2

Name or point to the specific feature asked for — avoid extra explanation.

DrawFrequency: 1

Match the expected response style for “Draw” questions.

CompleteFrequency: 1

Match the expected response style for “Complete” questions.

ExplainFrequency: 2

Give reasons and link mechanism to outcome; each point needs a because/so chain.

EvaluateFrequency: 1

Weigh arguments for and against with evidence; end with a supported judgement.

AssessFrequency: 1

Match the expected response style for “Assess” questions.

Time traps

Sections where candidates spent disproportionate time relative to marks

No data available in official reports

Syllabus traceability

Topics linked to questions and mark weighting in this session

Macroeconomic Policy and Government Intervention

45 marks this session

The market mechanism, market failure and government intervention in markets

29 marks this session

Price determination in a competitive market

20 marks this session

MCQ trap analytics

Commonly chosen wrong options from examiner commentary

No data available in official reports

Topic heatmap across years

Mark concentration by topic and exam year for this subject

Mark intensity

LowHigh
Topic
2022
2023
2024
Σ

Macroeconomic Policy and Government Intervention

33
45
42
120

The market mechanism, market failure and government intervention in markets

39
29
36
104

Price determination in a competitive market

20
20
40

Economic performance

18
18

Difficulty trend

How session difficulty has shifted across recent years

202220232024
2022 June 2022 · 3.5/52023 June 2023 · 3.4/52024 June 2024 · 3.4/5

Paper comparison

Marks and duration breakdown across papers in this session

Paper 1: The Operation of Markets and Market Failure:

70 marks90 min

Paper 2: The National Economy in a Global Context:

70 marks90 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

  • In quantitative questions, by not showing working stages, preventing candidates from earning method marks if their final calculation is incorrect.

Practise what examiners flagged

Target weak topics from this report inside the Revui app

Self-diagnostic checklist

Key actions before you sit this paper — copy and tick off as you revise

  • 1Message

    A significant portion of marks resided in the high-tariff 25-mark evaluation questions, where students had to demonstrate clear logical chains of reasoning and structured evaluation.

  • 2Message

    Excellent performance in the quantitative elements of Section B (calculating price indices and VAT adjustments) acted as a major differentiator.

  • 3Message

    Conversely, many students lost valuable marks in the definitions by failing to provide precise economic terminology.

  • 4Method

    In quantitative questions, by not showing working stages, preventing candidates from earning method marks if their final calculation is incorrect.

Teacher briefing pack

One-page session summary for tutors and classroom review

June 2023 2023

Economics

A significant portion of marks resided in the high-tariff 25-mark evaluation questions, where students had to demonstrate clear logical chains of reasoning and structured evaluation. Excellent performance in the quantitative elements of Section B (calculating price indices and VA

  • A significant portion of marks resided in the high-tariff 25-mark evaluation questions, where students had to demonstrate clear logical chains of reasoning and structured evaluation.

  • Excellent performance in the quantitative elements of Section B (calculating price indices and VAT adjustments) acted as a major differentiator.

  • Conversely, many students lost valuable marks in the definitions by failing to provide precise economic terminology.

Total marks
140
Duration
180 min
Session difficulty
3.4 / 5

Session analysis

A significant portion of marks resided in the high-tariff 25-mark evaluation questions, where students had to demonstrate clear logical chains of reasoning and structured evaluation. Excellent performance in the quantitative elements of Section B (calculating price indices and VAT adjustments) acted as a major differentiator. Conversely, many students lost valuable marks in the definitions by failing to provide precise economic terminology.

Updated Jun 14, 2026

Paper breakdown

Paper 1: The Operation of Markets and Market Failure:

70 marks90 min

Paper 2: The National Economy in a Global Context:

70 marks90 min

Top chapters

Macroeconomic Policy and Government Intervention45 marks
The market mechanism, market failure and government intervention in markets29 marks
Price determination in a competitive market20 marks

Exam structure insights

Marks by chapter

See where the marks were concentrated so revision time goes to the highest-value topics.

Macroeconomic Policy and Govern45 marks
The market mechanism, market fa29 marks
Price determination in a compet20 marks
Economic methodology and the ec15 marks
The measurement of macroeconomi11 marks
How the macroeconomy works : th10 marks
Economic performance4 marks
Production, costs and revenue3 marks

Mark accessibility

Estimate which marks were basic, mid-level, or high-difficulty.

64% within easy or medium reach

37
53
50
Easy: 37 marksMedium: 53 marksHard: 50 marks

Command word frequency

Spot common command words so answers match the expected response style.

Define2 times
Calculate2 times
Identify2 times
Draw1 times
Complete1 times
Explain2 times
Evaluate1 times
Assess1 times

Question type mix

Compare the mark share of each paper section and question type.

140Marks
  • Evaluative Essays

    50·2·36%

  • Multiple Choice Questions

    40·40·29%

  • Short Explanations

    20·2·14%

  • Calculations

    8·2·6%

  • Data Feature Identification

    8·2·6%

  • Diagrams and Charts

    8·2·6%

  • Definitions

    6·2·4%

Study ROI

Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.

DifficultyRecurrence %Macroeconomic Poli…The market mechani…Price determinatio…Economic methodolo…

Next-year prediction

Topics worth watching next year, with the reason shown directly below each bar.

Supply-Side Policies and Labour Market Reforms

90%

90%

Oligopoly and Collusive Behaviour

85%

85%

Exam tips

Paper format

Duration
1h 30min
Total marks
70
Weighting
50%
Question types
Multiple Choice, Definition, Calculation, Data Interpretation, Diagrammatic Drawing, Explanation Essay, Evaluation Essay

Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.

7135/21 — AQA AS Level Economics (June 2023) | Revui