Edexcel A level, International A Level and International GCSE Economics | Pearson qualifications

January 2025 Economics update

2 January 2025

Happy New Year and welcome to this first update of 2025!

If you are running mocks this term for the UK A levels in Economics, we have adapted the 2024 question papers to include separate source booklets as they will appear in the 2025 exams.

If you missed the EBEA student conference in November, you can catch up using the four recordings in this update.

Finally, you are invited to find out about the January Creativity Challenge, which is not just for art students, it is open to all.

Read more

Key dates

Date Activity
16 January Results day for IAL October 2024 series
23 January Results day for International GCSE November 2024 series
21 February Entry deadline for AS/A level for UK centres
21 March Entry deadline for IAL and International GCSE
14 August Results day for A level and IAL Economics
21 August Results day for International GCSE Economics

The January Challenge 2025

{{ gatDoctitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

The January 2025 Creativity Challenge

64 Million Artists (supported by Pearson) have created a resource pack for schools to support delivery of The January Challenge 2025. This initiative will help more students, and more teachers feel creative at school, creating a stronger sense of community, agency, wellbeing, and a capacity to engage with the curriculum. We hope a creative January inspires a creative February and beyond!

Learn more about The January Challenge

Download the Creativity Champions pack for schools


EBEA logo

{{ gatDoctitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

The EBEA student conference at the Bank of England

The EBEA and the Bank of England recently held a conference designed to ignite students' passion for economics. The theme of the conference was that 'Economics is for Everyone'. The speakers included Tim Hartford, MPC member Dr Swati Dinghri, Mark Gregory, Felicia Odamtten, Ashley Young and Ryan Murphy.

If you were unable to attend, or would like to watch again, you can do so here:

Tim Harford: How to see into the future

Dr Swati Dhingra: How to prepare for the future

Olivia Hylton: An Introduction to FT resources

Economics is for everyone


Our UK qualifications

Econ A squirrels

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}
A level Economics A
Delivery support
Assessment support

Delivery support focuses on free support materials, networking and both free and paid-for resources.  There are links to Pearson, Hodder and other publishers.

Econ B trees

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

A level Economics B

Delivery support
Assessment support

Assessment support focuses on assessment news and tools, support in understanding the command verbs, and information about grade boundaries and statistics.

Source booklets are to be added to the AS and A level papers for specification A and to the A level papers for specification B. This change is being made following feedback from teachers and will make it easier for students to refer to the sources when writing their answers. Candidates will receive the source booklet as an insert when they sit the exam.

We have provided revised versions of the 2024 question papers should you want to use these for mocks.

Recent case studies for Economics A  

New case studies based on articles from the FT have been written for you to use with your students.  These have up-to-date content and also have suggested answers.

  Case study Theme 1 Theme 2 Theme 3 Theme 4
1 Coffee 1.2.6 Price determination
1.2.8 Consumer and producer surplus
1.2.3 Price elasticity of demand
 
    4.3.2 Factors influencing growth and development: volatility of commodity prices
2 Electric cars   2.1.4 Balance of payments   4.1.6 Restrictions on free trade
Rent controls 1.2.7 Price mechanism
1.4.1 Government intervention in markets
1.4.2 Government failure
     
4 UK public sector borrowing   2.5.3 Public sector finances   4.5.1 Public expenditure
5 European carmakers 1.2.3 Elasticities of demand   3.1.2 Business growth
3.3.4 Normal profits, supernormal profits and losses
3.4.7 Contestability
 
6 Disposable income   2.1.1 Economic growth
2.2.1 The characteristics of AD
2.2.2 Consumption (C)
2.4.3 Equilibrium levels of real national output
   

There are also some other case studies in the Files  section of the Facebook group.


Recent case studies for Economics B

The FT case studies above have been mapped to the Economics A specification but they could work for Economics B teaching as well.  The command verbs used in the exam-style questions would need to be changed.

New case studies with up-to-date content have been added to both the dropbox folder and to the Files  section of the Facebook group.


May/June 2025 timetable - Economics A

2025 May TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

May/June 2025 timetable - Economics B

2025 May TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

The June 2025 pre-release material for Paper 3 is now available to download.

Our International qualifications

IAL Econ trees

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

Delivery support focuses on free support materials, networking and both free and paid-for resources.  There are links to Pearson, Hodder and other publishers.

IG Bus

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}
International GCSE Economics
Delivery support
Assessment support

Assessment support focuses on assessment news and tools, support in understanding the command verbs, and information about grade boundaries and statistics.

The Outstanding Pearson Learner Awards (OPLAs) recognise and celebrate the highest achieving learners at International GCSE and International A level.

International GCSE Economics is in the first group of subjects to make a modular route available to learners from September 2023.

This means that we will have both a modular and a linear route to achieve this qualification.

If you are happy with the linear approach, there is no need to move to the modular route; our linear International GCSEs will continue to be offered and taken widely by learners around the world. ​

However, if you believe the modular route will be of benefit to your learners, this will be available from September 2023 with the first exams in May/June 2024.


Course planner and schemes of work for Modular International GCSE Economics

To help your planning we now have both a course planner and a scheme of work for the modular International GCSE in Economics.


Onscreen exams rollout

International GCSE Economics started onscreen assessment in 2024.

Make sure you’re signed up for the latest onscreen assessment news to find out how to register your school.

The Pearson onscreen sandbox (test environment) gives students all the practice they need to explore the platform’s functionality and build their confidence before they sit their exams onscreen.

It’s easy to register for an account: just click on Register for an account and enter your email address as your user ID.

The materials are digitised in the same platform as the mock and high-stakes onscreen exams and are a good opportunity for teachers and students to get to know the platform and functionality available.

Whilst the user experience mirrors what can be expected from the mocks and high-stakes assessments, please note that any solutions submitted through the sandbox environment by candidates will not be saved.

The question papers and mark schemes from the October 2024 IAL and the November 2024 International GCSE exams are already available.  The examiners' reports will be available as follows:

21 January IAL examiners' reports
28 January International GCSE examiners' reports

International GCSE Economics

May 2025 timetable

2025 May TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

IAL Economics

January 2025 timetable

IAL Econ 2025 Jan TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

May/June 2025 timetable

IAL Econ 2025 May TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

October 2025 timetable

IAL Econ 2025 May TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

January 2026 provisional timetable

IAL Econ 2026 Jan prov  TT

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

Other information

Secondary schools around the world can get free online access to the Financial Times, with articles, games and multi-media content on many topics to enrich studies and improve exam performance in business, economics, politics, geography, psychology and other topics.

The FT can help strengthen global and media literacy, and offer insights into preparation for further study and the world of work. It also has competitions, an online work experience programme and teacher selected articles with suggested questions, alongside resources developed by Pearson/Edexcel.

Details at www.ft.com/schools . A staff member can check if their school is already registered and to create student or staff accounts at www.ft.com/schoolsarefree


The Pearson Edexcel Facebook page is designed to help and support you with the teaching and delivery of our UK qualifications. We share the latest news, updates and information about our support services across subjects. From our own news to updates from Ofqual and JCQ, follow us on @PearsonEdexcel on Facebook to stay up to date.

Multi factor authentication was rolled out to nearly a quarter of a million Pearson Portal users last year. Although it has now become a standard way of accessing our systems, it can sometimes present challenges if a smart device is lost or replaced.

You can read more information, see a quick start guide and access FAQs and troubleshooting for our authenticator app in our Pearson Portal Authenticator support article.

Based on feedback received this graphic was created to answer some common questions.

MFA graphic

{{ image.gatingTitle }}

{{invalidUserName}}
{{invalidUserMail}}
{{errorMessage}}

You can read more information, see a quick start guide and access FAQs and troubleshooting for our authenticator app in our Pearson Portal Authenticator support article.

There is a new support page for you to bookmark – General qualifications assessment support. Here we’ll share news information and updates from Ofqual, the Department for Education (DfE), the Joint Council for Qualifications (JCQ) and Pearson, relating to the exams and assessments for our GCSE, AS and A level qualifications.

We’ll be updating it regularly so you know you’ve got all the latest announcements, news, support materials and updates to enable you to teach our qualifications, help your students with their assessments and post-results support, to enable them to progress.

If you teach any of our Business, Enterprise or Esports qualifications, you may wish to check out the monthly updates.

×

Are you sure you want to exit this session?