IGCSE Economics (0987) — May–June 2024, Paper 21

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

Calculate the price elasticity of demand for coffee. [1]

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Question 2 · 20 marks

In recent years, the mobility of labour, the number of women in the labour force and GDP have increased in Bangladesh. In 2019, the central bank of Bangladesh approved three new…

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Question 3 · 20 marks

Indonesia operates a mixed economic system. Indonesia's central bank, Bank Indonesia, aims for stable prices. The country's price level can be influenced by changes in population…

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Question 4 · 20 marks

Healthcare is in the tertiary sector. Healthcare provides both private and external benefits. In 2019, there were five mergers between large US healthcare firms. As well as…

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Question 5 · 20 marks

In 2020, the price of gold fell in Vietnam. That year, Vietnam was one of Asia's best performing economies. Unlike some Asian economies, Vietnam did not experience a recession.…

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