
OCR A Level Economics H460/01 Microeconomics – 30-mark exam-style case study on the UK wine industry, complete with a detailed mark scheme and model answers.
This ready-to-use examination practice resource has been designed specifically for students studying OCR A Level Economics (H460), providing an opportunity to apply microeconomic theory to a contemporary UK industry. However, could easily be adapted for other examination boards.
The resource contains an original 30-mark, OCR-style Section A assessment, based on the changing fortunes of the UK wine industry, including changing consumer preferences, favourable weather conditions, increased production and the relationship between wine producers and grape growers.
The assessment covers:
Factors affecting demand and supply
Derived demand and interrelated markets
Percentage change calculations
Demand and supply diagrams and market equilibrium
Price elasticity of supply and producer responses
Consumer and producer benefits from increased supply
Application, analysis and evaluation using real-world economic contexts
Assessment structure:
The paper includes five questions with mark allocations of 2, 2, 2, 4, 8 and 12 marks, totalling 30 marks.
Students are required to demonstrate knowledge and understanding, apply economic concepts to the stimulus material, construct appropriate diagrams and develop balanced evaluative arguments.
Included in the resource:
Student examination paper (7 pages): Professionally presented in an OCR-style format, including three stimulus extracts, industry statistics, clearly allocated marks and extensive answer spaces.
Detailed teacher mark scheme (5 pages): Includes indicative answers, marking guidance, economic diagrams, suggested levels of response and model answers for extended questions.
Year 13 extension material: The mark scheme includes opportunities to incorporate market structure concepts such as monopolistic competition, oligopoly, barriers to entry, economies of scale and contestability into higher-level evaluation.
Ideal for:
Year 12 and Year 13 OCR A Level Economics students
End-of-topic assessments
Mock examination preparation
Independent revision and homework
Developing examination technique, particularly for 8- and 12-mark evaluative questions
Teacher-led marking and feedback
Time allocation: Approximately 45 minutes.
Total marks: 30
Specification: OCR A Level Economics H460/01 – Microeconomics
Both the student paper and accompanying teacher mark scheme are provided as editable Word documents, allowing teachers to adapt the material to suit their classes.
This is an independently produced examination practice resource designed to reflect OCR assessment styles. It is not an official OCR examination paper or mark scheme.
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