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ECONOMICS-XEC11 · Pearson Edexcel International AS Level

ECONOMICS-XEC11/22

Paper 2

Economics · Winter 2026 · Variant 2

Relative difficulty

Demanding · 3.5/5

Analysis source: Pearson Edexcel

Analysis aligned to the official syllabus and assessment design.

Relative difficulty

3.5 / 5

Total marks

160

Duration

210 min

Most tested topic

Measures of Macroeconomic Performance and Government Intervention

Cohort performance

Session statistics from official examination reports

Total marks

160

Duration

210 min

Session difficulty

3.5 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

The January 2026 series for Unit 1 (Markets in Action) and Unit 2 (Macroeconomic Performance and Policy) presented a balanced yet highly rigorous assessment of fundamental economic theories and their real-world applications.

2

Across both papers, candidates who demonstrated strong quantitative skills, precise diagrammatic accuracy, and structured evaluative writing excelled.

3

Those who relied on generic definitions or incomplete chains of reasoning struggled to secure top-tier marks, particularly in the high-tariff 14-mark and 20-mark questions.

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 & Understanding5
Application3
Analysis2
Evaluation1

Skill weighting

Shows the skill mix this paper tested most heavily.

Knowledge & UnderstandingKnowledge &UnderstandingApplicationApplicationAnalysisAnalysisEvaluationEvaluation
SkillWeightShare
  • Knowledge & Understanding

    Weight: 5100%
  • Application

    Weight: 360%
  • Analysis

    Weight: 240%
  • Evaluation

    Weight: 120%

Method marks watchlist

Where working, steps, or method marks were commonly lost

Method marks

Neglecting to show intermediate calculation steps for elasticity and index numbers, which prevents candidates from earning method marks if their final rounded figure 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. 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: 10

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

CalculateFrequency: 4

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

DefineFrequency: 4

Match the expected response style for “Define” questions.

AnalyseFrequency: 2

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

ExamineFrequency: 2

Match the expected response style for “Examine” questions.

DiscussFrequency: 2

Present multiple perspectives with evidence; balance breadth and depth.

EvaluateFrequency: 2

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

DrawFrequency: 4

Match the expected response style for “Draw” 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

Measures of economic performance (Macroeconomic performance and policy)

43 marks this session

Government intervention in markets (Markets in action)

25 marks this session

Introductory concepts (Markets in action)

22 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
2026
Σ

Macroeconomic objectives and policies

36
35
39
110

Government intervention in markets

35
39
23
97

Measures of economic performance (Macroeconomic performance and policy)

38
43
81

Government intervention in markets (Markets in action)

25
25
50

Measures of economic performance

25
15
40

Macroeconomic objectives and policies (Macroeconomic performance and policy)

25
25

Market failure

24
24

Introductory concepts (Markets in action)

22
22

Difficulty trend

How session difficulty has shifted across recent years

20232024202520252026
2023 2023 · 3.5/52024 2024 · 3.5/52025 June 2025 · 3.2/52025 Winter 2025 · 3.4/52026 Winter 2026 · 3.5/5

Paper comparison

Marks and duration breakdown across papers in this session

WEC11/01A: Markets in Action: WEC12/01A: Macroeconomic Performance and Policy:

80 marks105 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

  • Losing evaluation marks on 8-mark 'examine' and 14-mark 'discuss' questions by failing to provide contextualized alternative viewpoints, magnitude estimations, or time-lag considerations.

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

    The January 2026 series for Unit 1 (Markets in Action) and Unit 2 (Macroeconomic Performance and Policy) presented a balanced yet highly rigorous assessment of fundamental economic theories and their real-world applications.

  • 2Message

    Across both papers, candidates who demonstrated strong quantitative skills, precise diagrammatic accuracy, and structured evaluative writing excelled.

  • 3Message

    Those who relied on generic definitions or incomplete chains of reasoning struggled to secure top-tier marks, particularly in the high-tariff 14-mark and 20-mark questions.

  • 4Method

    Neglecting to show intermediate calculation steps for elasticity and index numbers, which prevents candidates from earning method marks if their final rounded f

Teacher briefing pack

One-page session summary for tutors and classroom review

Winter 2026 2026

Economics

The January 2026 series for Unit 1 (Markets in Action) and Unit 2 (Macroeconomic Performance and Policy) presented a balanced yet highly rigorous assessment of fundamental economic theories and their real-world applications. Across both papers, candidates who demonstrated strong

  • The January 2026 series for Unit 1 (Markets in Action) and Unit 2 (Macroeconomic Performance and Policy) presented a balanced yet highly rigorous assessment of fundamental economic theories and their real-world applications.

  • Across both papers, candidates who demonstrated strong quantitative skills, precise diagrammatic accuracy, and structured evaluative writing excelled.

  • Those who relied on generic definitions or incomplete chains of reasoning struggled to secure top-tier marks, particularly in the high-tariff 14-mark and 20-mark questions.

Total marks
160
Duration
210 min
Session difficulty
3.5 / 5

Session analysis

The January 2026 series for Unit 1 (Markets in Action) and Unit 2 (Macroeconomic Performance and Policy) presented a balanced yet highly rigorous assessment of fundamental economic theories and their real-world applications. Across both papers, candidates who demonstrated strong quantitative skills, precise diagrammatic accuracy, and structured evaluative writing excelled. Those who relied on generic definitions or incomplete chains of reasoning struggled to secure top-tier marks, particularly in the high-tariff 14-mark and 20-mark questions.

Updated Jun 12, 2026

Paper breakdown

WEC11/01A: Markets in Action: WEC12/01A: Macroeconomic Performance and Policy:

80 marks105 min

Top chapters

Measures of economic performance (Macroeconomic performance and policy)43 marks
Government intervention in markets (Markets in action)25 marks
Introductory concepts (Markets in action)22 marks

Exam structure insights

Marks by chapter

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

Measures of economic performanc43 marks
Government intervention in mark25 marks
Introductory concepts (Markets22 marks
Aggregate demand (AD) (Macroeco20 marks
Consumer behaviour and demand (14 marks
Market failure (Markets in acti13 marks
Price determination (Markets in6 marks
Aggregate supply (AS) (Macroeco5 marks

Mark accessibility

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

69% within easy or medium reach

45
65
50
Easy: 45 marksMedium: 65 marksHard: 50 marks

Command word frequency

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

Explain10 times
Calculate4 times
Define4 times
Analyse2 times
Examine2 times
Discuss2 times
Evaluate2 times
Draw4 times

Question type mix

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

160Marks
  • Data Response

    (Section C)

    68·10·43%

  • Short Answer

    (Section B)

    40·10·25%

  • Essay

    (Section D Choice)

    40·2·25%

  • Multiple Choice

    (Section A)

    12·12·8%

Study ROI

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

DifficultyRecurrence %Measures of econom…Government interve…Consumer behaviour…Introductory conce…

Next-year prediction

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

Causes and effects of globalisation

80%

80%

Labour markets

75%

75%

Poverty and inequality

70%

70%

January 2026 Series Analysis: WEC11 & WEC12

The January 2026 series for Unit 1 (Markets in Action) and Unit 2 (Macroeconomic Performance and Policy) presented a balanced yet highly rigorous assessment of fundamental economic theories and their real-world applications. Across both papers, candidates who demonstrated strong quantitative skills, precise diagrammatic accuracy, and structured evaluative writing excelled. Those who relied on generic definitions or incomplete chains of reasoning struggled to secure top-tier marks, particularly in the high-tariff 14-mark and 20-mark questions.

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

ECONOMICS-XEC11/22 — Pearson Edexcel International AS Level Economics (Winter 2026) | Revui