International GCSE (IGCSE) - Free Past Papers & Mark Schemes
Past papers for International GCSE Economics: microeconomics and business economics in Paper 1, macroeconomics and the global economy in Paper 2. Download free IGCSE Economics question papers and mark schemes from Edexcel. All papers are available instantly with no sign-up required.
Understanding the exam structure helps you target your revision effectively. Here is a breakdown of each paper:
The market system and business economics. Four compulsory questions of 20 marks each.
Government and the economy, and the global economy. Four compulsory questions of 20 marks each.
The following topics are covered across the Economics IGCSE syllabus:
Two papers, both taken at the end of the course: Paper 1, Microeconomics and Business Economics, and Paper 2, Macroeconomics and the Global Economy. Each is 1 hour 30 minutes, 80 marks and 50% of the qualification, with four compulsory questions of 20 marks made up of multiple-choice, short-answer, data-response and open-ended parts.
The specification defines Explain as a statement of fact with two further expansion points. Pearson's examiners' reports describe how that is credited: identifying a reason comes first, and without it no development or context marks are given, and only one reason is credited. In every 3-mark Explain in the Paper 1 mark schemes held here (16 of 16, June 2019 to June 2024), the three marks are for identifying, developing and applying to the context, although the reports say all three can be reached with developed economic theory and no context.
Applying economics: 48-49% of the marks are for demonstrating understanding and applying knowledge in specific contexts. Selecting and interpreting information from sources carries 23-24%, recalling knowledge 14-15%, and evaluating to reach a reasoned judgement 12-13%.