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9640 · Oxford AQA International A Level

9640/11

Paper 1

Economics · 2023 · Variant 1

Relative difficulty

Demanding · 3.5/5

Analysis source: Oxford AQA

Analysis aligned to the official syllabus and assessment design.

Relative difficulty

3.5 / 5

Total marks

340

Duration

450 min

Most tested topic

The Balance of Payments and Government Policy Intervention

Cohort performance

Session statistics from official examination reports

Total marks

340

Duration

450 min

Session difficulty

3.5 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

Comprehensive analysis of the January 2023 Oxford AQA International Economics (9640) series, covering Units 1, 2, 3, and 4.

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 andAO24
Application oAO33
Analysis of eAO42
Evaluation Analysis1

Skill weighting

Shows the skill mix this paper tested most heavily.

Knowledge andAO2Knowledge andAO2Application oAO3Application oAO3Analysis of eAO4Analysis of eAO4Evaluation AnalysisEvaluationAnalysis
SkillWeightShare
  • Knowledge andAO2

    Weight: 4100%
  • Application oAO3

    Weight: 375%
  • Analysis of eAO4

    Weight: 250%
  • Evaluation Analysis

    Weight: 125%

Method marks watchlist

Where working, steps, or method marks were commonly lost

No data available in official reports

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. 90% of maximum mark

Level A

Approx. 80% of maximum mark

Level B

Approx. 70% of maximum mark

Level C

Approx. 60% of maximum mark

Level D

Approx. 50% of maximum mark

Level E

Approx. 40% 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

ExplainFrequency: 8

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

CalculateFrequency: 7

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

DefineFrequency: 5

Match the expected response style for “Define” questions.

EvaluateFrequency: 4

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

AssessFrequency: 3

Match the expected response style for “Assess” questions.

AnalyseFrequency: 2

Break into parts and explain how each contributes to the whole question focus.

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

The balance of payments

38 marks this session

Merit and demerit goods

30 marks this session

Monetary policy

29 marks this session

The supply of labour to different labour markets

26 marks this session

Factors that affect economic development

26 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
2023
2024
2025
Σ

The distribution of income and wealth within an economy (Poverty and inequality)

22
27
49

Trade (Globalisation and trade)

46
46

The balance of payments

38
38

Exchange rates (The balance of payments, exchange rates and financial markets)

34
34

Private goods, public goods and quasi-public goods

32
32

Merit and demerit goods

30
30

Monetary policy

29
29

Monopoly and monopoly power (Perfect competition, imperfectly competitive markets and monopoly)

27
27

Difficulty trend

How session difficulty has shifted across recent years

2023202420252025
2023 2023 · 3.5/52024 2024 · 3.5/52025 June 2025 · 3.5/52025 Winter 2025 · 3.6/5

Paper comparison

Marks and duration breakdown across papers in this session

Unit 1: The Operation of Markets, Market Failure and the Role of Government: Unit 2: The National Economy in a Global Environment: Unit 3: The Economics of Business Behaviour and the Distribution of Income: Unit 4: Economic Development and the Global Economy:

80 marks105 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

No data available in official reports

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

    Comprehensive analysis of the January 2023 Oxford AQA International Economics (9640) series, covering Units 1, 2, 3, and 4.

Teacher briefing pack

One-page session summary for tutors and classroom review

2023 2023

Economics

Comprehensive analysis of the January 2023 Oxford AQA International Economics (9640) series, covering Units 1, 2, 3, and 4.

  • Comprehensive analysis of the January 2023 Oxford AQA International Economics (9640) series, covering Units 1, 2, 3, and 4.

Total marks
340
Duration
450 min
Session difficulty
3.5 / 5

Session analysis

Comprehensive analysis of the January 2023 Oxford AQA International Economics (9640) series, covering Units 1, 2, 3, and 4.

Updated Jun 12, 2026

Paper breakdown

Unit 1: The Operation of Markets, Market Failure and the Role of Government: Unit 2: The National Economy in a Global Environment: Unit 3: The Economics of Business Behaviour and the Distribution of Income: Unit 4: Economic Development and the Global Economy:

80 marks105 min

Top chapters

The balance of payments38 marks
Merit and demerit goods30 marks
Monetary policy29 marks
The supply of labour to different labour markets26 marks
Factors that affect economic development26 marks

Exam structure insights

Marks by chapter

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

Merit and demerit goods30 marks
Monetary policy29 marks
The balance of payments38 marks
Public ownership, privatisation25 marks
The supply of labour to differe26 marks
Factors that affect economic de26 marks
Trade22 marks
Contestable markets12 marks

Mark accessibility

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

64% within easy or medium reach

100
150
140
Easy: 100 marksMedium: 150 marksHard: 140 marks

Command word frequency

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

Explain8 times
Calculate7 times
Define5 times
Evaluate4 times
Assess3 times
Analyse2 times

Question type mix

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

390Marks
  • Long Essay

    200·8·51%

  • Structured Analysis

    90·10·23%

  • Multiple Choice

    50·50·13%

  • Short Answer

    50·19·13%

Study ROI

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

DifficultyRecurrence %Merit and demerit …Monopolistic compe…Monetary policyTrade and Protecti…Balance of Payments

Next-year prediction

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

Oligopoly & Game Theory

90%

90%

Negative Externalities & Pollution Taxes

85%

85%

Market-based vs Interventionist Supply-side Policies

80%

80%

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

9640/11 — Oxford AQA International A Level Economics (2023) | Revui