IGCSE Economics (0455) — May–June 2025, Paper 23

5 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.

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Question 1 · 30 marks · The macroeconomy - economic indicators (poverty)

Calculate the number of people who are in poverty in Egypt.

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Question 2 · 20 marks · International trade and globalisation - international trade

One of the world's more expensive roads opened in Montenegro in 2022. To build the road, the Montenegro Government was helped by a foreign commercial bank and another…

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Question 3 · 20 marks · The market system - private and public sectors

The public sector in Andorra is focusing on developing the healthcare, biotechnology and sports industries. Andorra has the natural advantage of being a mountainous country.…

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Question 4 · 20 marks · Microeconomic decision makers - firms (costs of production)

As cities experience economic growth, the buildings in the city become taller. This is driven by an increase in the willingness and ability of consumers to live in tall buildings.…

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Question 5 · 20 marks · The basic economic problem - scarcity

Missions to outer space face the same basic economic problem as that experienced on Earth. The African Space Agency was created to improve science and technology on the African…

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