OCR A Level Economics Paper 2 Question Paper

Download the official OCR A Level Economics H460/02 Macroeconomics question paper for the June 2025 examination series. This examiner-authentic OCR PDF contains the complete OCR Macroeconomics assessment covering inflation, unemployment, economic growth, exchange rates, taxation, balance of payments, development economics, trade restrictions and macroeconomic policy evaluation.

The paper begins with a detailed data-response case study on Bolivia’s economy, focusing on export tariffs, lithium extraction, current-account balances, inflation, fixed exchange rates, government budget deficits, national debt and income inequality. Students are required to interpret macroeconomic data, calculate Bolivia’s import-price index and analyse relationships between inflation and current-account balances using real-world economic evidence.

The assessment explores the role of export tariffs on soya beans and lithium, the impact of current-account surpluses on exchange rates and the use of foreign-exchange reserves by Bolivia’s central bank to maintain a fixed exchange rate against the US dollar. Questions also examine progressive taxation, flat-rate income tax systems, VAT, indirect taxation and strategies for reducing budget deficits and inequality.

Extended-response macroeconomics essays focus on the relationship between low inflation and full employment, including Bank of England interest-rate increases and the use of monetary policy to control inflation. Students evaluate whether achieving full employment benefits an economy using macroeconomic diagrams, labour-market analysis and aggregate-demand and aggregate-supply theory.

Development-economics sections include discussion of the Human Development Index (HDI), uneven income distribution and the economic implications of inequality in developing economies. International-trade sections examine whether the UK should increase trade restrictions on BRICS countries, including analysis of protectionism, global trade, economic growth and international competitiveness.

The paper strongly develops quantitative skills, evaluative essay writing, macroeconomic analysis and diagram interpretation using OCR’s level-based assessment model. Students are expected to apply economic theory to real-world macroeconomic and international-development scenarios while constructing balanced evaluative arguments.

This OCR H460/02 June 2025 question paper is ideal for timed exam practice, data-response preparation, essay-planning practice and OCR A Level Economics revision. It helps students understand OCR question structure, command words, macroeconomic evaluation techniques and examiner expectations across the Macroeconomics specification.

Perfect for students preparing for the 2026 OCR examination series, teachers creating classroom assessments and tutors supporting OCR Economics revision. Pair this paper with the official OCR H460/02 June 2025 mark scheme for complete examiner-guided preparation and assessment practice. Fully compatible with desktop, tablet and mobile PDF viewing.

This document is designed for OCR A Level Economics students preparing for the 2026 examination series, especially candidates studying macroeconomics, international trade, development economics, inflation, unemployment and government policy. It is particularly useful for learners aiming to improve data-response analysis, evaluative essay writing, macroeconomic diagram skills and quantitative economic reasoning.

It is also highly valuable for teachers, tutors, revision-course providers and independent learners who require authentic OCR exam material for classroom assessment, mock examinations, macroeconomic analysis and targeted OCR Economics revision.