Economics – 0455 & 0987 IGCSE CIE Past Papers and Mark Scheme

Browse through IGCSE Economics 0450 & IGCSE Economics (9-1) 0987 for your CIE exams. Both sylabi are exactly the same in terms of sylabus content and exam questions, they only differ in terms of grading.

IGCSE Economics 0455 uses a grading scale between A*-G and IGCSE Economics (9-1) 0987 uses 1 to 9, where 1 is equivalent to A*. You can use either exam paper for your revision.

2025

February/March
Paper 1 Variant 2: 0455/12 March 2025Paper 1 Variant 2: Mark Scheme 0455/12 March 2025
Paper 2 Variant 2: 0455/22 March 2025Paper 2 Variant 2: Mark Scheme 0455/22 March 2025
Grade Threshold for February/March 2025

2024

October/November
Paper 1 Variant 1: 0455/11 November 2024Paper 1 Variant 1: Mark Scheme 0455/11 November 2024
Paper 1 Variant 2: 0455/12 November 2024Paper 1 Variant 2: Mark Scheme 0455/12 November 2024
Paper 1 Variant 3: 0455/13 November 2024Paper 1 Variant 3: Mark Scheme 0455/13 November 2024
Paper 2 Variant 1: 0455/21 November 2024Paper 2 Variant 1: Mark Scheme 0455/21 November 2024
Paper 2 Variant 2: 0455/22 November 2024Paper 2 Variant 2: Mark Scheme 0455/22 November 2024
Paper 2 Variant 3: 0455/23 November 2024Paper 2 Variant 3: Mark Scheme 0455/23 November 2024
Grade Threshold for November 2024

The Cambridge IGCSE Economics 0455 and IGCSE Economics (9-1) 0987 syllabus course introduces students to basic economic concepts, real-world applications, and decision-making. It builds skills in analysis, evaluation, and data interpretation.

The syllabus is structured around six main topics:

  1. The Basic Economic Problem – Scarcity, opportunity cost, PPCs
  2. Allocation of Resources – Demand, supply, elasticity, price mechanism, market failure
  3. Microeconomic Decision Makers – Households, workers, firms, banks
  4. Government & the Macroeconomy – Economic policies, inflation, unemployment, growth
  5. Economic Development – Living standards, poverty, population issues
  6. International Trade & Globalisation – Trade, protectionism, exchange rates, BOP

Exam Structure for IGCSE Economics 0455 and IGCSE (9-1) 0987

There are two compulsory papers

  • Paper 1: Multiple choice (30%) – 45 minutes
  • Paper 2: Structured questions (70%) – 2 hours 15 minutes

At My Exam Deck, students can access a full library of IGCSE Economic 0455 IGCSE Economics (9-1) 0987 past papers, mark schemes, and grade thresholds, organized by March, June and November sessions. Practicing real Cambridge IGCSE Economics past papers is key to mastering exam format, improving problem-solving skills, and building exam confidence.

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