
Every feature, built around your marking scheme
Upload schemes, practise real questions, get answers marked point by point, and watch weak topics surface — for students and teachers, all in one connected app.
Student workflow and teacher workflow in one account. Each feature below is a real part of the app.
Your academy's marking scheme becomes the engine. Upload it once and the AI understands every section, AO and mark point.
Write or paste your scheme, then watch the AI read it out.
Upload one or more images - AI will extract the marking scheme from each sequentially.
Write or paste the marking scheme in markdown, or use the image upload above for AI extraction.
## AO1 Knowledge and understanding - Subsidy: a government grant that lowers the price of a good or service - A subsidy shifts the supply curve right, raising quantity and lowering price - Consumers and producers both gain, but the budget must fund it ## AO2 Analysis - Annotate a correct diagram: supply shifts down by the amount of the subsidy - Price falls by less than the subsidy if demand is inelastic - Gains split between consumers and producers depend on elasticities ## AO3 Evaluation - Consider the size of the external benefit to justify the cost - Note opportunity cost of public funds and the risk of deadweight loss - Compare subsidies against direct provision or regulation
Real Cambridge questions on a countdown, answered in a structured markdown editor with the A01/A02/A03 template — timed like the real paper. Photograph a handwritten answer and OCR drops it straight into your answer sheet to be marked just like typed work.
Evaluate the economic case for and against government subsidies on essential food items in a developing economy. [20]
## AO1 KNOWLEDGE AND UNDERSTANDING - Subsidy: a government grant that lowers the price of merit goods - Price and output effects in competitive markets - The distinction between subsidies, taxes and direct provision ## AO2 ANALYSIS - Subsidy shifts supply right, price falls and quantity rises - Incidence depends on price elasticities of demand and supply - Producers gain, consumers gain, budget must finance it ## AO3 EVALUATION - Size of the externality and the risk of deadweight loss - Opportunity cost of public money and time lags - Effectiveness versus targeted transfers and regulation
Submit and get a score with a per-AO breakdown and an examiner replay of every awarded and missed point.
Q: Evaluate the view that government subsidies are the most effective policy for correcting the market failure caused by positive externalities from education. [20]
What you know and how accurately you explain it.
marks
A positive externality occurs when the production or consumption of a good or service benefits a third party who is not involved in the market transaction. Education is a merit good with positive externalities: a more educated workforce raises productivity and growth, lowers crime and reduces welfare spending, so the social benefit exceeds the private benefit. Consumers only compare private costs and benefits, so the free market under-produces education. A subsidy is a government payment to producers that lowers their costs, shifting the supply curve rightwards, increasing output and lowering price towards the socially optimal level.
“benefits a third party who is not involved in the market tra…
“social benefit exceeds the private benefit…
MISSING — add this.
Accurate externality definition with the third-party effect named and the under-production conclusion drawn.
Education correctly identified as a merit good; the social-beyond-private-benefit step is the exact checkpoint.
Productivity, crime and welfare savings are listed but never shaped into a single worked example the scheme can reward.
Examiner's notes
Accurate definition of the positive externality and the merit-good case. The phrase "social benefit exceeds the private benefit" is exactly the checkpoint the scheme looks for. The external effects are listed but not anchored to a concrete example, which costs the last knowledge mark.
A bound notebook per topic, built from the marks you keep losing. Every page is one exact point to fix — hand-selected by the AI from your real attempts.
Market Failure & Gov Intervention
Externalities, taxes and subsidies
(Tip: sketch answers on paper — there's space to upload a diagram on the pages that ask for one.)
A gamified unit-by-unit roadmap showing locked, current and completed topics, with live stats on top.
Introductory microeconomic concepts and market analysis
76%
Overall average
Trend lines, an AO radar and topic strength charts — plus an AI-written report of what's improving and what needs work.
Track your strengths and areas for improvement
67%
Overall Accuracy
45
Questions Answered
77%
Best: Inflation · Steady
44%
Needs work: Oligopoly · Slipping
15 of 19 curriculum topics attempted.
Average across each assessment objective
Last 30 days
Average score across every topic you've practised
Teachers manage the whole question bank and author marking schemes in markdown, with an AI fix for grading standards.
Manage and organize your economics questions.
Organise the syllabus into a visual roadmap and decide which topics students can unlock next.
Introductory microeconomic concepts and market analysis
Manage your full roster — students, teachers and admins — with auto-generated credentials, retry controls and exam batches.
Manage your classroom and track individual progress.
Overrides retry limit for all students in this academy.
5| Batch | Student Name | Attempts | Avg Score | Retry | Level | Status | ||
|---|---|---|---|---|---|---|---|---|
| May/June 2027 Mocks | OBOlivia Bennett | olivia.b@demo.academy | 14 | 82% | 5 | AS | Active | |
| May/June 2027 Mocks | LCLiam Carter | liam.c@demo.academy | 9 | 91% | 3 | A2 | Active | |
| Oct/Nov 2025 Session | ZAZara Ahmed | zara.a@demo.academy | 6 | 61% | 5 | Both | Active | |
| Oct/Nov 2025 Session | NBNoah Baker | noah.b@demo.academy | 4 | 58% | 3 | A2 | Disabled |
Register your academy and upload one marking scheme for free. You can add questions and let your first students practise and get marked before deciding to upgrade.
EconIQ is built for Cambridge A2 Level Economics. Question banks, marking and analytics all follow your academy's A2 scheme.
Yes. Students can type an answer or upload a photo of handwritten work — the OCR reads it and it gets marked against the same scheme.
EconIQ marks against your exact marking scheme, point by point. It knows your curriculum and tracks every missed mark into a weak topic — ChatGPT does none of that.