IGCSE Economics (0987) — May–June 2025, 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 · The macroeconomy - national income statistics; The role of markets in allocating resources

Calculate the value of Gabon's oil production as a percentage of Gabon's GDP. [1]

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Question 2 · 20 marks · The macroeconomy - population (age and gender structure)

Define population pyramid. [2]

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Question 3 · 20 marks · The economic problem - factors of production and their rewards

Identify the rewards to capital and land. [2]

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Question 4 · 20 marks · The macroeconomy - government macroeconomic aims and conflicts

Identify two macroeconomic aims of government that may conflict. [2]

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Question 5 · 20 marks · International trade and globalisation - multinational companies (MNCs)

Identify two benefits an MNC may provide for its home country. [2]

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