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0455 · Cambridge IGCSE

0455/22

Structured Questions

Economics · June 2024 · Variant 2

Relative difficulty

Standard · 3.4/5
Relative difficulty

3.4 / 5

Total marks

120

Duration

180 min

Most tested topic

Firms and Macroeconomic Aims

Cohort performance

Session statistics from official examination reports

Total marks

120

Duration

180 min

Session difficulty

3.4 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

The May/June 2024 examination papers for Cambridge IGCSE Economics (0455) presented a balanced yet demanding assessment of core economic theories and their application.

2

Candidates who could accurately bridge the gap between abstract textbook principles and real-world data indices succeeded.

3

While Paper 12 remained standard, Paper 22 required exceptional analytical precision, particularly in interpreting the wage-inflation dynamics of Tunisia in Section A and constructing balanced policy discussions in Section B.

Question difficulty map

How candidates performed on each question in this series

No data available in official reports

Assessment objectives

Skill and AO weighting from official examiner commentary

Knowledge and Understanding3
Analysis (AO2)2
Evaluation (AO3)1

Skill weighting

Shows the skill mix this paper tested most heavily.

Knowledge and UnderstandingKnowledge andUnderstandingAnalysis (AO2)Analysis (AO2)Evaluation (AO3)Evaluation (AO3)
SkillWeightShare
  • Knowledge and Understanding

    Weight: 3100%
  • Analysis (AO2)

    Weight: 267%
  • Evaluation (AO3)

    Weight: 133%

Method marks watchlist

Where working, steps, or method marks were commonly lost

No data available in official reports

Recurring mistakes across years

Themes examiners flag in multiple recent sessions for this subject

No data available in official reports

Question choice intelligence

Mean scores and popularity for optional questions (HKDSE electives)

No data available in official reports

Level exemplars

What candidate scripts at each grade level looked like

No data available in official reports

Grade & admission context

How marks relate to grade thresholds and entry standards

Report type

Cambridge Principal Examiner Report — component performance and international standards

Level A*

Approx. 81% of maximum mark

Level A

Approx. 69% of maximum mark

Level B

Approx. 56% of maximum mark

Level C

Approx. 44% of maximum mark

Level D

Approx. 37% of maximum mark

Level E

Approx. 31% of maximum mark

Deep insights

What top candidates did

Techniques and approaches examiners rewarded in this series

No data available in official reports

Command word playbook

How to match each command word to the expected response style

IdentifyFrequency: 5

Name or point to the specific feature asked for — avoid extra explanation.

CalculateFrequency: 2

Show formula, substitution, and unit; method marks need visible working.

ExplainFrequency: 5

Give reasons and link mechanism to outcome; each point needs a because/so chain.

AnalyseFrequency: 5

Break into parts and explain how each contributes to the whole question focus.

DiscussFrequency: 5

Present multiple perspectives with evidence; balance breadth and depth.

Time traps

Sections where candidates spent disproportionate time relative to marks

Paper 1 Multiple Ch…45m / 30 marks

Min per mark: 1.5

Paper 2 Section A (…90m / 60 marks

Min per mark: 1.5

Syllabus traceability

Topics linked to questions and mark weighting in this session

Firms

15 marks this session

Inflation and deflation

14 marks this session

Market failure

14 marks this session

MCQ trap analytics

Commonly chosen wrong options from examiner commentary

No data available in official reports

Topic heatmap across years

Mark concentration by topic and exam year for this subject

Mark intensity

LowHigh
Topic
2023
2024
2025
Σ

Fiscal policy

12
9
21

Workers

9
10
19

Market failure

13
13

Current account of balance of payments

12
12

Price determination

11
11

Inflation and deflation

9
9

Globalisation, free trade and protection

9
9

Firms

9
9

Difficulty trend

How session difficulty has shifted across recent years

202320242025
2023 June 2023 · 3.4/52024 June 2024 · 3.0/52025 June 2025 · 3.0/5

Paper comparison

Marks and duration breakdown across papers in this session

Paper 12 Multiple Choice:

30 marks45 min

Paper 22 Structured Questions:

90 marks135 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

No data available in official reports

Practise what examiners flagged

Target weak topics from this report inside the Revui app

Self-diagnostic checklist

Key actions before you sit this paper — copy and tick off as you revise

  • 1Message

    The May/June 2024 examination papers for Cambridge IGCSE Economics (0455) presented a balanced yet demanding assessment of core economic theories and their application.

  • 2Message

    Candidates who could accurately bridge the gap between abstract textbook principles and real-world data indices succeeded.

  • 3Message

    While Paper 12 remained standard, Paper 22 required exceptional analytical precision, particularly in interpreting the wage-inflation dynamics of Tunisia in Section A and constructing balanced policy discussions in Section B.

Teacher briefing pack

One-page session summary for tutors and classroom review

June 2024 2024

Economics

The May/June 2024 examination papers for Cambridge IGCSE Economics (0455) presented a balanced yet demanding assessment of core economic theories and their application. Candidates who could accurately bridge the gap between abstract textbook principles and real-world data indices

  • The May/June 2024 examination papers for Cambridge IGCSE Economics (0455) presented a balanced yet demanding assessment of core economic theories and their application.

  • Candidates who could accurately bridge the gap between abstract textbook principles and real-world data indices succeeded.

  • While Paper 12 remained standard, Paper 22 required exceptional analytical precision, particularly in interpreting the wage-inflation dynamics of Tunisia in Section A and constructing balanced policy discussions in Section B.

Total marks
120
Duration
180 min
Session difficulty
3.4 / 5

Session analysis

The May/June 2024 examination papers for Cambridge IGCSE Economics (0455) presented a balanced yet demanding assessment of core economic theories and their application. Candidates who could accurately bridge the gap between abstract textbook principles and real-world data indices succeeded. While Paper 12 remained standard, Paper 22 required exceptional analytical precision, particularly in interpreting the wage-inflation dynamics of Tunisia in Section A and constructing balanced policy discussions in Section B.

Updated Jun 13, 2026

Paper breakdown

Paper 12 Multiple Choice:

30 marks45 min

Paper 22 Structured Questions:

90 marks135 min

Top chapters

Firms15 marks
Inflation and deflation14 marks
Market failure14 marks

Exam structure insights

Marks by chapter

See where the marks were concentrated so revision time goes to the highest-value topics.

The nature of the economic prob1 marks
Opportunity cost3 marks
Production possibility curve (P1 marks
Microeconomics and macroeconomi3 marks
Demand1 marks
Price determination7 marks
Price elasticity of supply (PES)1 marks
The role of government6 marks

Mark accessibility

Estimate which marks were basic, mid-level, or high-difficulty.

79% within easy or medium reach

40
55
25
Easy: 40 marksMedium: 55 marksHard: 25 marks

Command word frequency

Spot common command words so answers match the expected response style.

Identify5 times
Calculate2 times
Explain5 times
Analyse5 times
Discuss5 times

Question type mix

Compare the mark share of each paper section and question type.

120Marks
  • structured-medium

    47·9·39%

  • multiple-choice

    30·30·25%

  • structured-long

    30·4·25%

  • structured-short

    13·7·11%

Study ROI

Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.

DifficultyRecurrence %Market failureFirmsInflation and defl…Employment and une…Foreign exchange r…

Time vs marks

Compare marks with suggested time allocation to plan exam pacing.

MarksMinutesMarks / min

Paper 1 Multiple Ch…

0.67 m/min
30
45

Paper 2 Section A (…

0.67 m/min
60
90

Total marks

90

Total time

135 min

Avg pace

0.67

Next-year prediction

Topics worth watching next year, with the reason shown directly below each bar.

Price elasticity of demand (PED)

92%

92%

Economic growth policies

88%

88%

Trade unions

85%

85%

Difficulty Verdict

The May/June 2024 examination papers for Cambridge IGCSE Economics (0455) presented a balanced yet demanding assessment of core economic theories and their application. Candidates who could accurately bridge the gap between abstract textbook principles and real-world data indices succeeded. While Paper 12 remained standard, Paper 22 required exceptional analytical precision, particularly in interpreting the wage-inflation dynamics of Tunisia in Section A and constructing balanced policy discussions in Section B.

Where the Marks Are

High marks were heavily concentrated in the application of macroeconomic goals (especially inflation and unemployment) and microeconomic decision-making (firm behavior and market failure). Key analytical areas included:

Exam tips

Paper format

Duration
2h 15min
Total marks
90
Weighting
70%
Question types
Data Interpretation and Calculation, Identification, Short Explanation with Diagram/PPC, Draw Supply-Demand Diagram, Structured Analysis, Evaluative Discussion, Definition, Explanation, Analysis, Discussion

June 2024

View full examiner insights for this session

View full examiner insights for this session

Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.

0455/22 — Cambridge IGCSE Economics (June 2024) | Revui