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8136 · AQA GCSE

8136/21

How the Economy Works

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

160

Duration

210 min

Most tested topic

Policies to Correct Externalities and Market Failure

Cohort performance

Session statistics from official examination reports

Total marks

160

Duration

210 min

Session difficulty

3.4 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

Success in this series was highly correlated with precision in the quantitative and graphical questions.

2

In Paper 1, calculating the veterinary surgeon's annual net pay and the average fixed cost of surfboards offered a straightforward 4 marks, but only for candidates who kept their workings clear.

3

Drawing the petrol market diagram (Q20) was a major discriminator: candidates who recognized that petrol cars and petrol are complementary goods correctly shifted the demand curve to the left, while weaker candidates incorrectly shifted the supply curve.

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

Quantitative6
Graphical Representation5
Economic & Critical Evaluation3
Analysis2
Evaluation and1

Skill weighting

Shows the skill mix this paper tested most heavily.

QuantitativeQuantitativeGraphical RepresentationGraphicalRepresentationEconomic & Critical EvaluationEconomic &CriticalAnalysisAnalysisEvaluation andEvaluation and
SkillWeightShare
  • Quantitative

    Weight: 6100%
  • Graphical Representation

    Weight: 583%
  • Economic & Critical Evaluation

    Weight: 350%
  • Analysis

    Weight: 233%
  • Evaluation and

    Weight: 117%

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 9

Approx. 83% of maximum mark

Level 8

Approx. 78% of maximum mark

Level 7

Approx. 74% of maximum mark

Level 6

Approx. 66% of maximum mark

Level 5

Approx. 58% of maximum mark

Level 4

Approx. 51% of maximum mark

Level 3

Approx. 38% of maximum mark

Level 2

Approx. 25% 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

CalculateFrequency: 6

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

StateFrequency: 4

Match the expected response style for “State” questions.

ExplainFrequency: 14

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

AnalyseFrequency: 5

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

DrawFrequency: 1

Match the expected response style for “Draw” questions.

AssessFrequency: 2

Match the expected response style for “Assess” questions.

JustifyFrequency: 2

Support your choice with specific evidence from data or the scenario given.

Time traps

Sections where candidates spent disproportionate time relative to marks

Paper 1 Section B (50m / 32 marks

Min per mark: 1.6

Paper 2 Section B (50m / 32 marks

Min per mark: 1.6

Syllabus traceability

Topics linked to questions and mark weighting in this session

Policies to correct positive and negative externalities

24 marks this session

Inflation and price stability

20 marks this session

Externalities

11 marks this session

The labour market

11 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

Globalisation: benefits and drawbacks

21
23
44

Policies to correct positive and negative externalities

24
17
41

Inflation and price stability

20
13
33

Distribution of income

25
25

Economic growth

15
15

Externalities

11
11

The labour market

11
11

Paper comparison

Marks and duration breakdown across papers in this session

Paper 1: How Markets Work:

80 marks105 min

Paper 2: How the Economy Works:

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

    Success in this series was highly correlated with precision in the quantitative and graphical questions.

  • 2Message

    In Paper 1, calculating the veterinary surgeon's annual net pay and the average fixed cost of surfboards offered a straightforward 4 marks, but only for candidates who kept their workings clear.

  • 3Message

    Drawing the petrol market diagram (Q20) was a major discriminator: candidates who recognized that petrol cars and petrol are complementary goods correctly shifted the demand curve to the left, while weaker candidates incorrectly shifted the supply curve.

Teacher briefing pack

One-page session summary for tutors and classroom review

June 2023 2023

Economics

Success in this series was highly correlated with precision in the quantitative and graphical questions. In Paper 1, calculating the veterinary surgeon's annual net pay and the average fixed cost of surfboards offered a straightforward 4 marks, but only for candidates who kept th

  • Success in this series was highly correlated with precision in the quantitative and graphical questions.

  • In Paper 1, calculating the veterinary surgeon's annual net pay and the average fixed cost of surfboards offered a straightforward 4 marks, but only for candidates who kept their workings clear.

  • Drawing the petrol market diagram (Q20) was a major discriminator: candidates who recognized that petrol cars and petrol are complementary goods correctly shifted the demand curve to the left, while weaker candidates incorrectly shifted the supply curve.

Total marks
160
Duration
210 min
Session difficulty
3.4 / 5

Session analysis

Success in this series was highly correlated with precision in the quantitative and graphical questions. In Paper 1, calculating the veterinary surgeon's annual net pay and the average fixed cost of surfboards offered a straightforward 4 marks, but only for candidates who kept their workings clear. Drawing the petrol market diagram (Q20) was a major discriminator: candidates who recognized that petrol cars and petrol are complementary goods correctly shifted the demand curve to the left, while weaker candidates incorrectly shifted the supply curve.

Updated Jun 14, 2026

Paper breakdown

Paper 1: How Markets Work:

80 marks105 min

Paper 2: How the Economy Works:

80 marks105 min

Top chapters

Policies to correct positive and negative externalities24 marks
Inflation and price stability20 marks
Externalities11 marks
The labour market11 marks

Exam structure insights

Marks by chapter

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

Policies to correct positive an24 marks
Inflation and price stability20 marks
Externalities11 marks
The labour market11 marks
The importance of market struct9 marks
Fiscal policy8 marks
The importance of cost, revenue7 marks
Price elasticity of demand7 marks

Mark accessibility

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

65% within easy or medium reach

40
64
56
Easy: 40 marksMedium: 64 marksHard: 56 marks

Command word frequency

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

Calculate6 times
State4 times
Explain14 times
Analyse5 times
Draw1 times
Assess2 times
Justify2 times

Question type mix

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

152Marks
  • Short Answer & Calculation

    42·20·28%

  • Data Analysis & Extended Explanations

    (6 marks)

    42·7·28%

  • 15-Mark Essays

    30·2·20%

  • Multiple Choice Questions

    20·20·13%

  • 9-Mark Assessments

    18·2·12%

Study ROI

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

DifficultyRecurrence %Fiscal PolicyThe Importance of …The Labour MarketInflation and Pric…Policies to Correc…

Difficulty trend

Compare difficulty across recent years.

3.220223.42023

Time vs marks

Compare marks with suggested time allocation to plan exam pacing.

MarksMinutesMarks / min

Paper 1 Section B (

0.64 m/min
32
50

Paper 2 Section B (

0.64 m/min
32
50

Total marks

64

Total time

100 min

Avg pace

0.64

Cumulative marks ladder

The line is your running mark total question by question; dashed lines are the estimated grade cut-offs. See which question the line crosses your target grade at, so you know how far you must answer cleanly and which questions decide a band.

040801201609 estimated8 estimated7 estimated6 estimated5 estimated4 estimated3 estimated2 estimated1 estimatedU estimated4880128160

Next-year prediction

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

Globalisation: benefits and drawbacks

90%

90%

Balance of payments

85%

85%

Supply-side policies

80%

80%

Examiner notes & key calculations

  • The Complementary Good Trap: In Paper 1 Q20, shifting the supply curve instead of the demand curve for petrol following an increase in the price of petrol cars was a common error.
  • Failing to Address Both Sides of the Prompt: In Paper 2 Q15, many candidates discussed income redistribution but completely omitted wealth redistribution (e.g., property/assets), limiting their mark band.
  • Rounding Errors: Simple computational slips, such as not rounding the Paper 2 Q23 average inflation rate to one decimal place, cost candidates valuable marks despite correct initial steps.

Exam tips

Paper format

Duration
1h 45min
Total marks
80
Weighting
50%
Question types
Multiple Choice, Short Answer & Definition, Quantitative & Diagrammatic, Analytical Writing, Extended Evaluation

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

8136/21 — AQA GCSE Economics (June 2023) | Revui