IGCSE Economics 0455 — October-November 2022 Past Papers, Topics & Exam Tips
The Cambridge IGCSE Economics (0455) October-November 2022 session consisted of 2 papers across 6 variants, covering 25 syllabus topics across all papers. This page links to every question paper, mark scheme, grade threshold and session feedback document released by Cambridge for this session, together with a topic-level breakdown of what was tested and topic-matched exam tips in our own voice.
Topic coverage in October-November 2022
Marks in this session were weighted unevenly across the 25 syllabus topics, with the heaviest emphasis on Money and banking. Substantial weight also fell on Employment and unemployment and Demand , with Firms and production and Microeconomics and macroeconomics rounding out the five most-tested areas. Together these five topics made up well over half of the topic-level marks awarded in the October-November 2022 session — a useful signal for where to focus revision time. The full topic-by-paper breakdown is further down the page.
Exam tips for topics in October-November 2022
- → Demand: Grasp that a price change triggers movement *along* the demand curve; everything else (income, preferences) makes the *entire* curve jump.
Study Resources for Economics
Prepare for your exam with these complementary resources:
Jump straight to the topics this session tested most:
0455 October-November 2022 Papers
0455 Paper 1 - Multiple Choice
45 min • 30 marks
Tests broad syllabus knowledge with 40 questions. Each question has four options (A-D). Core tier paper.
View syllabus topics tested in Paper 1 (14 topics, 30 marks total)
This 0455 Paper 1 from October-November 2022 tests 14 different syllabus topics. The highest-weighted topic is Demand (The allocation of resources) worth 5 marks out of 30 total marks. Other significant topics include Factors of production (3 marks) and Firms and production (3 marks).
Mark distribution by topic:
Understanding which topics carry the most marks helps you prioritize your Economics revision. Practice questions from high-mark topics like Demand to maximize your score.
0455 Paper 2 - Structured Questions
2 hr 15 min • 90 marks
Extended tier multiple choice with more challenging questions covering the full syllabus. 40 questions, 45 minutes.
View syllabus topics tested in Paper 2 (5 topics, 90 marks total)
This 0455 Paper 2 from October-November 2022 tests 5 different syllabus topics. The highest-weighted topic is Microeconomics and macroeconomics (The allocation of resources) worth 30 marks out of 90 total marks. Other significant topics include Workers (20 marks) and Households (20 marks).
Mark distribution by topic:
Understanding which topics carry the most marks helps you prioritize your Economics revision. Practice questions from high-mark topics like Microeconomics and macroeconomics to maximize your score.
Other Resources
Additional materials to help you prepare and understand how exams are marked.
Examiner Report
Insights from examiners on how students performed. Learn common mistakes to avoid and what examiners look for in top answers.
What was tested on each paper — 0455 October-November 2022
Here's which syllabus topics appeared in each of the 2 Economics 0455 papers in October-November 2022 and how the marks broke down. Focus your revision on the papers you're sitting — Papers 1, 3 and 6 for Core tier; Papers 2, 4 and 6 for Extended tier. Click any topic below to jump straight to our revision notes, or browse the full Economics 0455 revision guide →.
Paper 1 — Multiple Choice · 30 marks total
Tested 14 topics. The heaviest-weighted were Demand (5m), Factors of production (3m), Firms and production (3m), Households (2m), Inflation and deflation (2m) and Money and banking (2m), plus 8 other topics.
Paper 2 — Structured Questions · 90 marks total
Tested 5 topics. The heaviest-weighted were Microeconomics and macroeconomics (30m), Workers (20m), Households (20m), Firms (20m) and Mixed economic system (20m).
0455 October-November 2022 at a glance
- Papers: 2 (6 variants total)
- Topics covered: 25
- Highest-weighted topic: Money and banking
- Grade thresholds: released by Cambridge (linked above)
- Session feedback: Cambridge report available
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0455 Study Tips & FAQ
What are paper variants?
Cambridge releases multiple variants of each paper (e.g., Paper 11, 12, 13) to accommodate different time zones around the world and maintain exam security.
- Variant 1 (e.g., 11, 21): Usually for Zone 1 (Americas)
- Variant 2 (e.g., 12, 22): Usually for Zone 2 (Europe, Africa)
- Variant 3 (e.g., 13, 23): Usually for Zone 3 (Asia, Oceania)
All variants cover the same syllabus and have similar difficulty. Practice with any variant to prepare effectively for your exam.
How to use Mark Schemes effectively
Mark schemes show exactly how examiners award marks for each question. Understanding them helps you write answers that earn full marks.
Example from a Physics mark scheme:
Mark scheme answer:
• speed = distance / time [1 mark for formula]
• speed = 150 / 5 = 30 m/s [1 mark for correct answer with unit]
Tips:
- Look for key words that must appear in your answer
- Note how many points are needed for each mark
- Check if units are required for the final mark
- Understand the difference between "state" (brief) and "explain" (detailed)
Understanding Grade Thresholds
Grade thresholds show the minimum marks needed for each grade. They vary each session based on paper difficulty — harder papers have lower thresholds.
Example Grade Thresholds (out of 100 total):
* Actual thresholds vary by subject and session
How to use thresholds:
- Set realistic target marks based on your goal grade
- Track your practice paper scores against thresholds
- Remember: you don't need 100% for an A* — aim for consistency
- Compare thresholds across sessions to gauge difficulty trends
How is the topic breakdown calculated?
The "Topics Breakdown by Paper" section above shows which syllabus topics are tested in each paper and how many marks they carry. Here's how we calculate this:
Our methodology:
- Extract questions: We analyze each question paper (QP) and identify individual questions and their mark allocations (shown in square brackets, e.g., [3]).
- Match to syllabus: Each question is matched to the official Cambridge 0455 syllabus topics based on keywords, concepts, and question content.
- Sum marks per topic: For each paper, we add up the marks for all questions testing the same topic. For example, if Q1 (4 marks) and Q5b (3 marks) both test "Enzymes", that topic shows as "7 marks" for that paper.
Example: If Paper 3 shows "Photosynthesis - 13 marks", it means questions worth a total of 13 marks (out of the paper's 80 marks) tested the Photosynthesis topic from the Plant Nutrition unit of the syllabus.
How to use this: Look at the paper(s) you'll be taking (e.g., Papers 2, 4, 6 for Extended tier). The topics with the highest marks in YOUR papers are where you should focus your revision. A topic worth 15 marks deserves more study time than one worth 3 marks.
Note: Our topic matching may be inaccurate for questions that span multiple topics. Use this as a guide alongside the official syllabus.
How to Use IGCSE Economics Past Papers
📝 Timed Practice
Complete papers under exam conditions. 0455 Paper 4 is 1 hour 15 minutes - practice finishing within this time to build exam stamina.
✅ Self-Marking
Use the mark scheme to score your answers. Look for marking points you missed and understand what examiners expect in Economics responses.
📊 Examiner Reports
Read the 0455 examiner report to see common mistakes. Focus revision on topics where candidates typically lose marks.
🎯 Grade Targets
Check grade thresholds to see how many marks you need for your target grade. An A* in IGCSE Economics typically requires 85-90%.
Frequently Asked Questions
Where can I download IGCSE Economics October-November 2022 past papers?
Are 0455 mark schemes included?
What papers are available for IGCSE Economics 0455?
What is the difference between paper variants 11, 12, and 13?
How can I practice these past papers effectively?
Continue Studying Economics
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