0455.2.1.1 — microeconomics The difference between microeconomics and.: past paper questions
Real questions on 0455.2.1.1 — microeconomics the difference between microeconomics and.
The newest 10 of 10 written questions. Open one to see it on the real paper.
- 0455/21 · October/November 2025 · Q1b[2]
Identify two microeconomic policy measures.
See it on the paper → - 0455/23 · October/November 2024 · Q3a[2]
Identify two decision-makers involved in economics.
See it on the paper → - 0455/22 · May/June 2024 · Q3a[2]
the difference between microeconomics and macroeconomics.
See it on the paper → - 0455/22 · February/March 2023 · Q1b[2]
Identify two causes of the increase in the quantity of US factors of production.
See it on the paper → - 0455/11 · October/November 2021 · Q6[1]
What is a macroeconomic concept?
See it on the paper → - 0455/12 · May/June 2021 · Q4[1]
What is not included in microeconomics?
See it on the paper → - 0455/23 · October/November 2020 · Q2a[2]
Define microeconomics.
See it on the paper → - 0455/11 · May/June 2019 · Q10[1]
What is the most important factor that affects how much a family saves?
See it on the paper → - 0455/12 · May/June 2019 · Q8[1]
Why does specialisation increase the productivity of employees?
See it on the paper → - 0455/22 · February/March 2019 · Q2d[8]
Discuss whether or not an increase in government spending will reduce a surplus on the current account of that country’s balance of payments.
See it on the paper →
What examiners said
The majority of candidates accurately identified the two relevant causes of an increase in the quantity of US factors of production. Most also recognised that this question could be answered briefly.
— Examiner report, February/March 2023, 0455/22 Q1(b) (Cambridge)
Some candidates showed a basic understanding of what was microeconomics but had difficulty in explaining the term. A clear answer was ‘The study of individual markets such as ice cream’. Other less accurate answers included ‘how households behave’. Very weak responses were linked to their understanding of micro e.g., ‘microeconomics is a small part of the economy.’
— Examiner report, October/November 2020, 0455/23 Q2(a) (Cambridge)
Some strong answers contrasted the effects of higher government spending on the quality and quantity of exports produced and discussed the effects on demand for imports. A number of other candidates showed confusion between a surplus on the current account of the country’s balance of payments and a surplus on the country’s budget.
— Examiner report, February/March 2019, 0455/22 Q2(d) (Cambridge)
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