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0455_m26_qp_22 2026 March Economics 0455 Question Paper 2 Variant 2 · Cambridge CAIE IGCSE

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0455_m26_qp_222026 March Economics 0455 Question Paper 2 Variant 2

This is the official Cambridge IGCSE Economics (0455) Question Paper 2 (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_22 · 0455/22/f/m/26 qp · 0455/22 Feb/March 2026 qp

Paper 2: Structured Questions This is Paper 2: Structured Questions, worth 90 marks with a duration of 2h 15m. Section A: 1 compulsory data response question using source material. Section B: choose 3 from 4 structured questions. Step-by-step reasoning is essential.

To self-assess your performance, use this question paper alongside the corresponding mark scheme (0455_m26_ms_22). 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 2 (Variant 2) from other exam sessions — practise the same paper across the years, then check each one against its mark scheme.

Examiner Insights — Paper 2: Structured Questions

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

1

Confusing budget deficit with current account deficit

Some candidates confused a government budget deficit with a deficit on the current account of the balance of payments0455 Paper 2, June 2023

How to fix: Budget deficit = government spends more than it receives in tax revenue (fiscal). Current account deficit = a country imports more goods/services than it exports (trade). These are completely different — one is about government finances, the other is about international trade.

4

Explaining consequences when asked for causes (and vice versa)

How to fix: Read the question carefully. 'Explain the causes of inflation' needs factors that LEAD TO inflation. 'Explain the consequences of inflation' needs effects that RESULT FROM inflation. Underline 'causes' or 'consequences' before writing.

5

Jumping analytical stages instead of step-by-step reasoning

candidates do better if they do not jump stages0455 Paper 2, March 2025

How to fix: Show every step in the chain: event → immediate effect → further consequence → final outcome. For example: 'Minimum wage rises → firms' labour costs increase → firms may raise prices → demand for products may fall → unemployment could rise.' Each step earns marks.

View full exam guide for Economics (0455) →

All Economics (0455) Papers — 2026 March

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More Economics (0455) Past Papers

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Economics Exam Guide: How to Score Higher

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