Yearly Past Papers     Topical Past Papers     Topical eBooks

 

 

WHY CHOOSE THIS SYLLABUS? 

Cambridge IGCSE Economics is accepted by universities and employers as proof of knowledge and understanding of economics. Successful Cambridge IGCSE Economics candidates gain lifelong skills, including:

• an understanding of economic theory, terminology and principles
• the ability to apply the tools of economic analysis
• the ability to distinguish between facts and value judgements in economic issues
• an understanding of, and an ability to use, basic economic numeracy and literacy
• the ability to take a greater part in decision-making processes in everyday life
• an ability to use examples from a variety of economies
• an excellent foundation for advanced study in economics.

 

ASSESSMENT OVERVIEW

All candidates take two components.

Candidates will be eligible for grades A* to G.

 

DETAILS OF THE ASSESSMENT

 

Paper 1: Multiple Choice

 

- Multiple-choice paper, 45 minutes, 30 marks

 

- Candidates answer all 30 multiple-choice questions. Candidates indicate their answers on the multiple choice answer sheet provided. The questions are based on all six sections of the syllabus content. The questions may include calculations.

 

- Calculators may be used in the examination.

 

- The paper assesses the following assessment objectives:

• • AO1: Knowledge and understanding
  • AO2: Analysis

 

Paper 2: Structured Questions

 

- Written paper, 2 hours 15 minutes, 90 marks.

 

- Candidates answer one compulsory question in Section A and three questions from a choice of four in Section B. Candidates write their answers in the answer booklet provided.

 

- Candidates should be aware of the marks for each part question. These are printed on the question paper. Candidates should use them as a guide to the amount of detail and length of response expected and to help them manage their time effectively.

 

- Calculators may be used in both sections of the examination.

 

- Section A -  Candidates answer one compulsory question (30 marks), which requires them to interpret and analyse previously unseen source material relevant to a real economic situation. The question has part questions. Each part question is based on one or more topics drawn from the syllabus content. The part questions require short and extended responses, based on the source information provided and may include calculations and diagrams. The source material contains written text and may contain diagrammatic or tabular information. Candidates must refer to this source material.

 

- Section B - Candidates answer three questions from a choice of four. Each question is worth 20 marks and has four part questions. Each part question is based on one or more topics drawn from the syllabus content. The questions require short and extended responses, and may include calculations and diagrams. Each question is introduced by stimulus material. The stimulus gives the question context. Candidates may refer to this material and/or to other examples that they have studied.

 

- The paper assesses the following assessment objectives:

• • AO1: Knowledge and understanding
  • AO2: Analysis
  • AO3: Evaluation

 

SUBJECT CONTENT

• The basic economic problem
• The allocation of resources
• Microeconomic decision makers
• Government and the macroeconomy
• Economic development
• International trade and globalisation

 

SOURCE 

www.cambridgeinternational.org