IGCSEEconomicsCambridge (CIE)Exam Questions

Cambridge (CIE) IGCSE Economics
Exam Questions By Topic

Exam code: 0455 & 0987

Past paper and exam-style questions organised by topic, with student-friendly answers written by teachers and examiners.

The Basic Economic Problem
4 hours107 questions
- The Nature of the Economic Problem
  Scarcity
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- The Factors of Production
  The Factors & Their Rewards, Changes to the Factors of Production
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- Opportunity Cost
  Opportunity Cost in Decision Making
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- Production Possibility Curves
  PPC & Economic Growth
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The Allocation of Resources
14 hours319 questions
- Microeconomics & Macroeconomics
  Differences Between Micro & Macro
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- The Role of Markets in Allocating Resources
  The (Free) Market System
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- Demand
  Demand, Price & Quantity, Conditions of Demand
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- Supply
  Supply, Price & Quantity, Conditions of Supply
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- Price Determination
  Equilibrium & Disequilibrium
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- Price Changes
  Changing Market Conditions
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- Price Elasticity of Demand (PED)
  Calculation & Determinants of PED, The Significance of PED
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- Price Elasticity of Supply (PES)
  Calculation, Determinants & Significance of PES
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- Market Economic System
  The (Free) Market System
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- Market Failure
  Market Failure Terminology, Causes & Consequences, Government Intervention to Address Market Failure
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- Mixed Economic System
  Characteristics of a Mixed Economic System
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Microeconomic Decision Makers
12 hours264 questions
- Money & Banking
  Understanding Money, Central & Commercial Banks
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- Households
  Spending, Saving & Borrowing
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- . Workers
  Factors Affecting Choice of Occupation, Wage Determination, Wage Differentials, Division of Labour & Specialisation
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- Trade Unions
  Types of Trade Unions, The Role of Trade Unions, Advantages & Disadvantages of Trade Unions
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- Firms
  Classification of Firms, Small Firms, The Growth of Firms, Economies & Diseconomies of Scale
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- Firms & Production
  Demand for the Factors of Production, Labour & Capital-intensive Production, Production & Productivity
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- Firms’ Costs, Revenue & Objectives
  Costs & Revenue, Objectives of Firms
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- Market Structure
  Competitive Markets, Monopoly Markets
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Government & the Macroeconomy
14 hours277 questions
- The Role of Government
  Local, National & International
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- The Macroeconomic Aims of Government
  The Five Macroeconomic Aims, Conflicts Between Macroeconomic Aims
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- Fiscal Policy
  The Government Budget, Taxation, Fiscal Policy Measures
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- Monetary Policy
  Monetary Policy Measures
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- Supply-side Policy
  Supply-side Policy Measures
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- Economic Growth
  Measures of Economic Growth, Causes & Consequences of Growth, Causes & Consequences of Recessions, Policies to Generate Economic Growth
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- Employment & Unemployment
  Understanding Employment, Measurement of Unemployment, Types of Unemployment, Consequences of Unemployment, Policies to Reduce Unemployment
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- Inflation & Deflation
  Definitions & Measurement, Causes & Consequences of Inflation, Causes & Consequences of Deflation, Policies to Control Inflation & Deflation
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Economic Development
7 hours143 questions
- Living Standards
  Indicators of Living Standards, Living Standards & Income Distribution
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- Poverty
  Causes of Poverty, Policies to Alleviate Poverty
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- Population
  Population Growth, Effects of Changing Population Sizes
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- Differences in Economic Development
  Reasons for Differences in Development
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International Trade & Globalisation
7 hours147 questions
- International Specialisation
  Reasons for National Specialisation
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- Globalisation, Free Trade & Protection
  Globalisation, Free Trade, Protection
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- Foreign Exchange Rates
  Introduction to Exchange Rates, Exchange Rate Fluctuations
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- Current Account of Balance of Payments
  Components of the Current Account, Deficits & Surpluses, Stabilisation Policies
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