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Cambridge IGCSE Economics practice

Paper 2 structured question: Microeconomics and macroeconomics

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2

Paper

4

Marks

Topic

Microeconomics and macroeconomics

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Paper 2Structured Questions4 marks

Analyzing the effects of fiscal policy on economic growth.

Description

Fiscal Policy Effects

Fiscal policy involves government spending and taxation decisions that can influence economic growth.

  1. a

    Explain how fiscal policy can impact economic growth

    Aim for approximately 4 distinct marking points.

    [4]

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Paper 2 structured question: Microeconomics and macroeconomics

Paper 2Structured Questions1 marks

Description

Macroeconomic Indicators

The following indicators are crucial for assessing the health of an economy: GDP, inflation rate, and unemployment rate.

  1. a

    State one key indicator of macroeconomic performance

    Aim for approximately 1 distinct marking point.

    [1]