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ECONOMICS-H460 · Cambridge OCR A Level

ECONOMICS-H460/21

Paper 2

Economics - H460 · 2023 · Variant 1

Relative difficulty

Demanding · 3.8/5

Analysis source: OCR

Analysis aligned to the official syllabus and assessment design.

Relative difficulty

3.8 / 5

Total marks

240

Duration

360 min

Most tested topic

Labor Market Economics and Market Structures

Cohort performance

Session statistics from official examination reports

Total marks

240

Duration

360 min

Session difficulty

3.8 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

The June 2023 OCR A-Level Economics (H460) exam series consists of three papers that extensively evaluate microeconomic and macroeconomic theories.

2

Key themes include wage differentials, trade union bargaining power, market structures (collusion and monopoly), public goods, economies of scale in retailing, the multiplier effect, and financial sector deregulation.

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

AO1 - Knowledge w5
Knowledge & AO2 -4
ApplicationAO3 -3
AnalysisAO4 -2
Evaluation1

Skill weighting

Shows the skill mix this paper tested most heavily.

AO1 - Knowledge wAO1 - KnowledgewKnowledge & AO2 -Knowledge &AO2 -ApplicationAO3 -ApplicationAO3 -AnalysisAO4 -AnalysisAO4 -EvaluationEvaluation
SkillWeightShare
  • AO1 - Knowledge w

    Weight: 5100%
  • Knowledge & AO2 -

    Weight: 480%
  • ApplicationAO3 -

    Weight: 360%
  • AnalysisAO4 -

    Weight: 240%
  • Evaluation

    Weight: 120%

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

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

EvaluateFrequency: 10

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

ExplainFrequency: 10

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

DescribeFrequency: 2

State features in sequence or list observable properties — do not explain causes unless asked.

CalculateFrequency: 4

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

IdentifyFrequency: 2

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

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 interaction of labour markets

51 marks this session

Oligopoly

26 marks this session

Costs and economies of scale

24 marks this session

Employment

24 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

The interaction of labour markets

44
51
35
130

Fiscal policy

40
35
75

The financial sector

44
44

Government intervention

27
27

Oligopoly

26
26

Costs and economies of scale

24
24

Employment

24
24

Paper comparison

Marks and duration breakdown across papers in this session

H460/01 Microeconomics: H460/02 Macroeconomics: H460/03 Themes in economics:

80 marks120 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

  • Losing evaluation marks by offering generic conclusions that do not weigh up the specific alternatives under examination.

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 June 2023 OCR A-Level Economics (H460) exam series consists of three papers that extensively evaluate microeconomic and macroeconomic theories.

  • 2Message

    Key themes include wage differentials, trade union bargaining power, market structures (collusion and monopoly), public goods, economies of scale in retailing, the multiplier effect, and financial sector deregulation.

Teacher briefing pack

One-page session summary for tutors and classroom review

2023 2023

Economics - H460

The June 2023 OCR A-Level Economics (H460) exam series consists of three papers that extensively evaluate microeconomic and macroeconomic theories. Key themes include wage differentials, trade union bargaining power, market structures (collusion and monopoly), public goods, econo

  • The June 2023 OCR A-Level Economics (H460) exam series consists of three papers that extensively evaluate microeconomic and macroeconomic theories.

  • Key themes include wage differentials, trade union bargaining power, market structures (collusion and monopoly), public goods, economies of scale in retailing, the multiplier effect, and financial sector deregulation.

Total marks
240
Duration
360 min
Session difficulty
3.8 / 5

Session analysis

The June 2023 OCR A-Level Economics (H460) exam series consists of three papers that extensively evaluate microeconomic and macroeconomic theories. Key themes include wage differentials, trade union bargaining power, market structures (collusion and monopoly), public goods, economies of scale in retailing, the multiplier effect, and financial sector deregulation.

Updated Jun 14, 2026

Paper breakdown

H460/01 Microeconomics: H460/02 Macroeconomics: H460/03 Themes in economics:

80 marks120 min

Top chapters

The interaction of labour markets51 marks
Oligopoly26 marks
Costs and economies of scale24 marks
Employment24 marks

Exam structure insights

Marks by chapter

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

The interaction of labour marke51 marks
Oligopoly26 marks
Costs and economies of scale24 marks
Employment24 marks
Supply side policy24 marks
Financial regulation15 marks
International trade10 marks
Inflation12 marks

Mark accessibility

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

71% within easy or medium reach

60
110
70
Easy: 60 marksMedium: 110 marksHard: 70 marks

Command word frequency

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

Evaluate10 times
Explain10 times
Describe2 times
Calculate4 times
Identify2 times

Question type mix

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

240Marks
  • Long Essays and Evaluative Case Studies

    130·6·54%

  • Short and Medium Structured Questions

    80·18·33%

  • Multiple Choice Questions

    30·30·13%

Study ROI

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

DifficultyRecurrence %The interaction of…Costs and economie…Supply side policyOligopoly

Difficulty trend

Compare difficulty across recent years.

3.820223.82023

Next-year prediction

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

Monetary policy

85%

85%

Monopolistic competition

78%

78%

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

ECONOMICS-H460/21 — Cambridge OCR A Level Economics - H460 (2023) | Revui