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IGCSE Economics
Welcome to IGCSE-GCSE Economics Section
This section is specifically written for Cambridge IGCSE Economics Syllabus 0455. However, students and teachers from other curriculum will find this section equally useful as most of the topics covered here are common. All GCSCs from various Examination Boards such as EDEXCEL, AQA, CECA and others will find it equally useful.
The syllabus has been divided into the following themes. The topics covered and learning outcomes are given in these themes so everybody can find something of interest here. There are revision notes, interactive quizzes, worksheets, case studies and lot of interesting stuff.
Syllabus IGCSE Economics Code 0455
The syllabus can be downloaded from the CAMBRIDGE ASSESSMENT OFFICIAL WEBSITE
For your convenience, here are online versions of the syllabuses shown from the CIE website via the Google Docs viewer (pick the one that relates to the year that you will sit your IGCSE exam):
DOWNLOAD 2017-2019 SYLLABUS DOWNLOAD 2020-2022 SYLLABUS
Syllabus at a Glance
| Section | Topics |
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1. Basic economic problem: choice and the allocation of resources |
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2. The allocation of resources;how the market works; market failure |
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3. The individual as producer, consumer and borrower |
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4. The private firm as producer and employer |
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5. Role of government in economy |
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| 6. Economic indicators |
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| 7. Developed and developing economies: trends in production, population and living standards |
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Assessment Objectives
Cambridge IGCSE Economics [ Syllabus code 0455] For examination in and after June and November 2009
A KNOWLEDGE WITH UNDERSTANDING
Students should be able to demonstrate their knowledge and understanding in relation to:
1. economic facts, definitions, concepts, principles and theories;
2. economic vocabulary and terminology.
B ANALYSIS
Students should be able to:
3. select, organise and interpret data;
4. apply economic knowledge and understanding in verbal, numerical, diagrammatic, pictorial and graphical form;
5. use economic data, to recognise patterns in such data, and to deduce relationships.
C JUDGEMENT AND DECISION MAKING
Students should be able to:
6. distinguish between evidence and opinion, make reasoned judgements and communicate them in an accurate and logical manner;
7. recognise that economic theory is subject to various limitations and uncertainties;
8. evaluate the social and environmental implications of particular courses of economic action.
D CRITICAL EVALUATION
Students should be able to:
9. draw conclusions from economic information and critically evaluate economic data;
10. communicate conclusions in a logical and concise manner.
Scheme of Assessment
Cambridge IGCSE Economics [ Syllabus code 0455] For examination in and afterJune and November 2009
The assessment has two components, Paper 1: Multiple choice and Paper 2: Structured questions.
Candidates must take both papers. Candidates receive grades from A* to G.
Paper 1 Multiple choice 45 minutes
Candidates answer 30 multiple choice questions.
Weighted at 30% of total available marks.
Paper 2 Structured questions 2 hours 15 minutes
Candidates answer one compulsory question, which requires them to interpret and analyse previously unseen data relevant to a real economic situation, and three optional questions from a choice of six.
Weighted at 70% of total available marks.
Past Year Exam Papers
Past Papers (IGCSE Economics Code 0455)
We cannot provide past papers for you through this site since CIE owns the copyright to these documents.
However, some past exam papers (theory and practical) along with mark schemes can be downloaded from the CIE open site.
At the moment the following papers and mark schemes are available from the CIE website (clicking a link will open the document up from the CIE website in an online Google Docs viewer):
- JUNE 2016 Question Paper 1(PDF, 156KB)
- JUNE 2016 Question Paper 2(PDF, 443KB)
- JUNE 2016 MARK SCHEME PAPER 1(PDF, 102KB)
- JUNE 2016 MARK SCHEME PAPER 2(PDF, 145KB)
- November 2013 Question Paper 1(PDF, 142KB)
- November 2013 Mark scheme 1(PDF, 83KB)
- November 2013 Mark scheme 2(PDF, 117KB)
- November 2013 Question Paper 2(PDF, 111KB)
- November 2013 Question Paper 3(PDF, 127KB)
- November 2013 Insert 3(PDF, 59KB)
- November 2013 Mark scheme 3 (PDF, 110KB)
- November 2014 Question Paper 11 (PDF, 159KB)
- November 2014 Mark scheme 11 (PDF, 86KB)
- November 2014 Question Paper 21 (PDF, 443KB)
- November 2014 Mark scheme 21 (PDF, 264KB)
Basic Economics Problem Article Count: 0
Revision Notes Article Count: 3
Interactive quizzes Article Count: 15
How market works Article Count: 0
Revision Notes Article Count: 16
Interactive quizzes Article Count: 14
Individual as Consumer, Producer Article Count: 0
Revision Notes Article Count: 20
Interactive quizzes Article Count: 9
Private firm as producer and employer Article Count: 0
Revision Notes Article Count: 20
Interactive quizzes Article Count: 22
Role of Government in Economy Article Count: 0
Revision Notes Article Count: 14
Interactive quizzes Article Count: 10
Economic Indicators Article Count: 0
Revision Notes Article Count: 10
Interactive quizzes Article Count: 16
Developed and Developing Economies Article Count: 0
Revision Notes Article Count: 9
Interactive quizzes Article Count: 8
International aspects Article Count: 0
Revision Notes Article Count: 7
Interactive quizzes Article Count: 15
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