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A-Level Economics (OCR)

Micro and macroeconomics. OCR board.

Written against the published specification.

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Pass mark 24/40 60 minutes OCR How many can I get wrong?
About this practice. Revision Robin is built and maintained by Bloor Engineering Ltd, a UK-registered company. Our A-Level Economics (OCR) questions are written and reviewed in-house to match the current syllabus, each with a plain-English worked explanation. They are original practice material, not the official exam questions and not affiliated with or endorsed by OCR. Always confirm current test rules, fees and content with the official provider. See our Terms and Privacy.
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Try 3 real A-Level Economics (OCR) questions
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Q1. Which of the following best defines a positive externality?
  • A.  A benefit received by a third party not directly involved in a transaction
  • B.  A cost incurred by the producer that reduces profit
  • C.  A tax imposed by the government to correct market failure
  • D.  A benefit received exclusively by the consumer who pays for the good
Show answer & explanation
✓ Answer: A. A benefit received by a third party not directly involved in a transaction
A positive externality is a spillover benefit that accrues to a third party outside the transaction, such as neighbours benefiting from a homeowner's garden. Option D describes private benefit, which is already reflected in the consumer's own decision, not an externality.
Q2. The price of a good falls from £10 to £9 and quantity demanded rises from 200 to 220 units per week. What is the price elasticity of demand (using the percentage method)?
  • A.  -0.10, demand is price inelastic
  • B.  -1.00, demand is unitary elastic
  • C.  -1.11, demand is price elastic
  • D.  -2.00, demand is price elastic
Show answer & explanation
✓ Answer: B. -1.00, demand is unitary elastic
%ΔQD = 20/200 = +10%; %ΔP = -1/10 = -10%. PED = %ΔQD / %ΔP = +10% / -10% = -1.00. Because the magnitude equals exactly 1, demand is unitary elastic at this point — the percentage change in quantity demanded exactly offsets the percentage change in price, so total revenue is unchanged.
Q3. Which of the following would cause a firm's short-run shutdown decision, i.e. it should cease production immediately?
  • A.  Price falls below average variable cost
  • B.  Price falls below average total cost but stays above average variable cost
  • C.  Price equals marginal cost
  • D.  Price exceeds average fixed cost
Show answer & explanation
✓ Answer: A. Price falls below average variable cost
A firm should shut down in the short run only if price falls below average variable cost, because then it cannot even cover its variable costs and would lose less by producing nothing. If price is between AVC and ATC, the firm should keep producing in the short run to cover some fixed costs and minimise losses.
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Markets & market failure · 47
Demand, supply & elasticity · 47
Costs, revenue & competition · 37
National income & AD/AS · 35
Macroeconomic policy · 36
International trade & development · 0

Who has to sit the A-Level Economics (OCR)

Who needs a A-Level Economics (OCR)?

Typically sat by students in Year 13 as a two-year linear course. No prior GCSE Economics is needed, but strong GCSE English and Maths (Grade 5+) are advisable.

The real A-Level Economics (OCR): format

How many questions are in the A-Level Economics (OCR)?

The real A-Level Economics (OCR) has 3 questions and lasts 360 minutes. Our mock uses 40 questions in 60 minutes.

What it costs, and what a resit costs

How much does the A-Level Economics (OCR) cost?

Resit fee: Same as first entry fees for private candidates, typically ranging from £150 to £450 per subject, potentially higher. Rebooking after a fail: A-Level Economics resits are only available in the May/June summer series; there is no autumn or January sitting.

How hard is it

What is the A-Level Economics (OCR) pass rate?

Real exam first-time pass rate: The A*-E pass rate is often around 97-98% (98.2% in 2026). The A*-A rate is typically 25-30% (30.0% in 2026). Difficulty: Considered moderate-to-challenging.

Why people fail it

Why do people fail the A-Level Economics (OCR)?

Figures for the real exam from vertexaisearch.cloud.google.com, checked October 2026. Fees and rules change, so confirm with the test provider before you book.
A-Level Economics (OCR): common questions
Frequently asked
What is the pass mark for the A-Level Economics (OCR)?
You need 24 out of 40 correct to pass, which is about 60%. Our mocks mark you against this exact threshold.
How long do you get?
The test is timed at 60 minutes. Our full mock runs on the same clock so you can practise your pacing.
Are these the real exam questions?
No. Our questions are original and written to match the current syllabus, so they give realistic practice without copying the official paper. Every answer comes with a plain-English explanation. Always confirm current rules and content with OCR.