Subject-specialist worked solutions — every mark explained. Topical & Yearly Solved, Revision Notes, Predicted Papers. Explore →

0455_m26_qp_12 2026 March Economics 0455 Question Paper 1 Variant 2 · Cambridge CAIE IGCSE

Loading document...

0455_m26_qp_12.pdf

0455_m26_qp_122026 March Economics 0455 Question Paper 1 Variant 2

This is the official Cambridge IGCSE Economics (0455) Question Paper 1 (Variant 2) from the 2026 March examination session. This question paper was sat by Cambridge students worldwide in 2026 and is published by Cambridge Assessment International Education (CAIE). Use it for timed practice under exam conditions to build familiarity with the question format, mark allocation, and time pressure.

Also referenced as: 0455_m26_qp_12 · 0455/12/f/m/26 qp · 0455/12 Feb/March 2026 qp

Paper 1: Multiple Choice This is Paper 1: Multiple Choice, worth 30 marks with a duration of 45m. 30 multiple choice questions covering the full syllabus. Common traps involve confusing similar concepts (PED vs PES, elastic vs inelastic, shifts vs movements).

To self-assess your performance, use this question paper alongside the corresponding mark scheme (0455_m26_ms_12). Attempt the entire paper under timed conditions before opening the mark scheme — this trains both your subject knowledge and exam technique. Mark each question and record whether marks were lost due to knowledge gaps, method errors, or careless mistakes.

The most effective way to use this Economics question paper is to simulate real exam conditions: set a timer for the full duration, work without notes, and write your answers on separate paper. After finishing, mark yourself using the official mark scheme — do not check answers during the paper. This builds exam stamina and reveals your genuine readiness. Repeat this process across 3–5 sessions to identify recurring weak topics in Economics (0455).

Same paper, other years

Economics (0455) Question Paper 1 (Variant 2) from other exam sessions — practise the same paper across the years, then check each one against its mark scheme.

Examiner Insights — Paper 1: Multiple Choice

Based on analysis of 3 official Cambridge documents (2023, 2025)

2

PED calculation and interpretation errors — confusing elastic with inelastic

How to fix: PED = % change in quantity demanded ÷ % change in price. If PED > 1, demand is elastic (responsive). If PED < 1, demand is inelastic (unresponsive). Always check: did quantity change by a LARGER or smaller percentage than price? Larger = elastic.

3

Demand vs quantity demanded — confusing shifts with movements along the curve

How to fix: A change in PRICE causes a movement along the demand curve (change in quantity demanded). A change in a NON-PRICE factor (income, tastes, substitutes) causes the whole curve to SHIFT (change in demand). Use the correct terminology — examiners distinguish between them.

View full exam guide for Economics (0455) →

All Economics (0455) Papers — 2026 March

Browse all 2026 March papers →

More Economics (0455) Past Papers

View all Economics (0455) sessions →

Economics Exam Guide: How to Score Higher

Top mistakes, scoring patterns & answer frameworks from 3 official Cambridge documents