answering-5-mark-questions-

How Do I Answer an Edexcel A-Level Economics 5-Mark Question?

• These questions appear in all three exams

• There will be four of them

  • One in Section B for Paper 1 and Paper 2

  • Two in questions 1 (a) and 2 (a) for Paper 3

• In these questions, you are asked to explain key terms with reference to the context

  • You may be asked to consider a calculation, difference, reason, cause, implication, benefit or drawback

• These questions are awarded

  • Knowledge 1, Application 2, Analysis 2

  • This is a points-marked question

Example

• Key economic skills are highlighted

Steps to answer the question

• For this question, you need to define and clearly differentiate between the two types of statements , using examples from the extract

• Demonstrate knowledge by defining key concepts

  • In this case, define positive and normative statements

• Demonstrate application by providing clear examples from the extract

  • Positive statement example: Energy bills being capped “will save households up to £100′” can be tested and verified

  • Normative statement example: “The regulator should limit the standard variable tariff” is a value judgment that cannot be proven

• Demonstrate analysis by explaining the difference and linking your reasoning to the extract

  • The positive statement is objective and verifiable 

    • It can be verified through data (e.g. actual savings from the capping of bills)

  • The normative statement is subjective and based on beliefs

    • It is more about ethics or policy preferences, which are subjective