IGCSE Economics (0455) — May–June 2025, Paper 11
30 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.
Start with Question 1 →What is likely to increase the occupational mobility of labour? A increasing entry requirements to professions B increasing retraining of workers C introducing job specialisation…
Answer this question and get it marked →Sonia owns a takeaway food delivery service. She decides to expand the firm, buying more vans and hiring additional drivers. Which factors of production were changed? A capital…
Answer this question and get it marked →The diagram shows a production possibility curve (PPC). The economy is using all of its available resources. The vertical axis is manufactured goods and the horizontal axis is…
Answer this question and get it marked →In 2020, to prevent the spread of a pandemic, many governments temporarily closed restaurants and cafes. What would be a macroeconomic impact of such a policy? A Demand for food…
Answer this question and get it marked →Good weather results in an increase in the demand for and supply of peaches. How will this affect the price and quantity traded in the market for peaches? price of peaches…
Answer this question and get it marked →The diagram shows demand and supply curves for a product at its equilibrium price P. The diagram has price on the vertical axis and quantity on the horizontal axis. A…
Answer this question and get it marked →The table shows the quantity demanded at different prices. price $ quantity demanded --- --- 6 3 5 4 4 5 3 7 2 9 For which fall in price is the demand price-inelastic? A from $6…
Answer this question and get it marked →The price elasticity of supply (PES) of coffee is calculated as +0.2 for the current year and +2.0 in the long run. Why is the PES of coffee higher in the long run? A Coffee…
Answer this question and get it marked →What would a person believe who wished to encourage the use of the market system? A people should have equal living standards B people should have freedom of action C profit…
Answer this question and get it marked →What is not a form of money? A a banknote B a cheque C a coin D a credit card
Answer this question and get it marked →If interest rates fall, what will be the most likely effect on saving and borrowing? saving borrowing --- --- --- A decrease decrease B decrease increase C increase decrease D…
Answer this question and get it marked →A bus driver initially works longer hours if the wage rate increases. As his earnings increase, there reaches a point when he prefers more leisure than extra work. Which supply…
Answer this question and get it marked →What is a function of a trade union? A to negotiate workers' contracts B to promote workers to more responsible jobs C to recruit workers for the firm D to supervise the workers…
Answer this question and get it marked →There has been an improvement in the transport infrastructure in India that reduces the costs of farming. What is this an example of? A external diseconomies of scale B external…
Answer this question and get it marked →A firm chooses to become more capital-intensive. What is least likely to have increased? A interest rates B minimum wages C the power of trade unions D the productivity of capital
Answer this question and get it marked →The diagram shows the average total costs (ATC) and average fixed costs (AFC) for a firm. The vertical axis is cost in $ (marked at 2, 6, 10, 14) and the horizontal axis is…
Answer this question and get it marked →What is a macroeconomic aim of a government? A high external costs B high sales tax C low unemployment D low wages
Answer this question and get it marked →What is a principle of taxation? A equality between social cost and social benefit B fairness between taxpayers C profit maximisation by firms D tax revenue maximisation
Answer this question and get it marked →Monetary policy often involves a change in which variables? A government expenditure or taxes B interest rates or the money supply C labour market or trade union laws D tariffs or…
Answer this question and get it marked →Which supply-side policy measure is most likely to enable a government to achieve its aim of full employment? A decreasing government spending on school buildings B decreasing the…
Answer this question and get it marked →Which policy decision is most likely to cause economic growth? A an increase in corporation tax rates B an increase in interest rates C an increase in the amount workers can earn…
Answer this question and get it marked →A government uses the labour force survey method to calculate unemployment. What is required under this method for a person to be classified as unemployed? eligible for…
Answer this question and get it marked →What is most likely to rise when the level of employment falls in a high-income economy? A consumer confidence B government expenditure on state benefits C government revenue from…
Answer this question and get it marked →A Consumer Prices Index (CPI) consists of four items. The table shows the percentage price change for each item over a period of a year and the weight of each item. Which price…
Answer this question and get it marked →The table shows the Human Development Index (HDI) value for a country in two years. year HDI value --- --- 1 0.467 2 0.609 What would not explain the change in the HDI value? A an…
Answer this question and get it marked →Which combination of statistics is used to calculate the natural population growth of a country? 1st statistic 2nd statistic --- --- --- A birth rate net immigration B death rate…
Answer this question and get it marked →What will increase the level of specialisation in an economy? A A computer manufacturer takes over an advertising company. B A retail store issues its own credit card. C A travel…
Answer this question and get it marked →What might an economist consider to be meant by the term dumping? A foreign firms exporting waste products B foreign firms producing goods at a lower cost than domestic firms C…
Answer this question and get it marked →In the diagram, D is the demand curve for the Chinese yuan and S is the supply curve of the Chinese yuan. The vertical axis is the price of yuan (in US dollars) and the horizontal…
Answer this question and get it marked →The table shows the values of the items in a country's current account in two years. item year 1 ($m) year 2 ($m) --- --- --- balance of goods and services -30 0 net primary…
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