Syllabus Edition

First teaching 2025

First exams 2027

Paper 2: Structured Questions (Cambridge (CIE) IGCSE Economics): Revision Note

Exam code: 0455 & 0987

Steve Vorster

Written by: Steve Vorster

Reviewed by: Lisa Eades

Updated on

What is examined in the CIE IGCSE Economics Paper 2?

  • Paper 2 tests your ability to:

    • Use economic concepts in context

    • Explain and analyse economic issues using written answers, calculations and diagrams

    • Evaluate economic arguments and decisions

  • Paper 2:

    • Lasts 2 hours

    • Is worth 80 marks

    • Counts for 67% of the total qualification

    • Is divided into Section A and Section B

    • Contains questions on all parts of the syllabus (Topics 1–6)

  • Paper 2 assesses:

    • AO1 Knowledge and Understanding

    • AO2 Analysis

    • AO3 Evaluation (only on Paper 2)

Structure of Paper 2

Section A: Data Response (20 marks)

  • Question 1 is compulsory

  • It is based on a short data extract or description of a real economic situation

  • The data may include text, tables, charts or diagrams

  • Question 1 is divided into several parts, for example:

    • (a) short definition or description

    • (b) simple explanation or calculation

    • (c) and later parts: longer written answers using the data

  • You must:

    • Answer all parts of Question 1

    • Use the information in the extract to support your answers where relevant

  • Marks in Section A can be any of the standard mark values used in Paper 2

    • 2, 4, 6 or 8

Section B: Structured Questions (60 marks)

  • There are four questions in Section B: Questions 2, 3, 4 and 5

  • You must answer three of them

  • Each question is worth 20 marks in total

  • Each question has four parts: (a), (b), (c), (d)

  • A typical Section B question:

    • Starts with a short context paragraph about a country, firm or economic issue

    • Includes parts that may ask for:

      • definitions

      • explanations and analysis

      • use of diagrams

      • discussion of advantages and disadvantages

      • evaluation of an economic decision or policy

  • Marks for each part again follow the 2 / 4 / 6 / 8 pattern

    • The total for the four parts adds up to 20 marks

  • The official mark schemes use levels of response for the 8-mark “Discuss” questions

  • In Save My Exams resources, we break these down into clear, defined marks to show exactly how many developed points are needed

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the (exam) results speak for themselves:

Steve Vorster

Author: Steve Vorster

Expertise: Economics & Business Subject Lead

Steve has taught A Level, GCSE, IGCSE Business and Economics - as well as IBDP Economics and Business Management. He is an IBDP Examiner and IGCSE textbook author. His students regularly achieve 90-100% in their final exams. Steve has been the Assistant Head of Sixth Form for a school in Devon, and Head of Economics at the world's largest International school in Singapore. He loves to create resources which speed up student learning and are easily accessible by all.

Lisa Eades

Reviewer: Lisa Eades

Expertise: Business Content Creator

Lisa has taught A Level, GCSE, BTEC and IBDP Business for over 20 years and is a senior Examiner for Edexcel. Lisa has been a successful Head of Department in Kent and has offered private Business tuition to students across the UK. Lisa loves to create imaginative and accessible resources which engage learners and build their passion for the subject.