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Cambridge IGCSE Economics practice

Paper 2 structured question: Microeconomics and macroeconomics

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2

Paper

1

Marks

Topic

Microeconomics and macroeconomics

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Paper 2Structured Questions1 marks

Understanding the impact of macroeconomic factors on a national economy.

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]

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Paper 2 structured question: Microeconomics and macroeconomics

Paper 2Structured Questions4 marks

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]