Education

Igcse Economics Past Question Papers

Igcse Economics Past Question Papers. When it comes to economics, it is one of the most important subjects matter as far as social science is concerned. However, due to the seemingly complicated nature of the subject, many people are unable to do well in this subject during the examination. If you are one of the students in this category, then you do not need to bother about it anymore because we have the solution to that problem, and the solution is Past Questions.

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Before going for any examination, maximum preparation is required to get the necessary success. therefore, we bring you information on Igsce economics Past Questions, what it is all about, how it is patterned to suit your demand, and the easiest way to download or get it.

Why you need Igcse Economics Past Question Papers

It will also expose you to the questions that have been asked years back as most of those questions and answers get repeated every year while some will just be rephrased. So if you don’t have a copy of this past question, then you are losing out. It, however, provides useful information about the types of questions to expect and helps you prevent unpleasant surprises. You will be able to detect and answer repeated questions quickly and easily. You will be able to find out the number of questions you will see in the exams.

How is Igcse Economics Past Question Papers Pattern?

We have made it very easy for you. we bring all the questions which is usually in Subjective format. We have put them together but we indicate the specific years of their occurrence. We provide the correct answers in order to save your time. All you need to do is to devote quality time to study the Past Questions and watch yourself change the narrative by scoring better than you expected in the Igsce examination.

Sample of Igsce Economics Past Question Papers

Question 1

If X represents the factors of production and Y represent the factor price, which of the following sets of association is correct?

Options

A) (land, rent) (capital, wage), (labour, profit)
B) (land, interest) (capital,profit), (labour, wage)
C) (land, wage), (capital, interest), (labour, rent)
D) (land,rent), (capital, interest), (labour, wage)

Question 2

If the cost of production for a firm continues to increase as it output rises, the firm is said to be experiencing?

Options

A) large-scale production
B) profit maximization
C) economies of scale
D) diseconomies of scale

Question 3

Given perfect competition in the capital market, the opportunity cost of capital is adequately reflected by the?

Options

A) interest rate
B) returns on capital
C) alternative capital foregone
D) shadow price of foreign exchange

Question 4

If a 10k per kg, 1000kg of yam were purchased and at 5k per kg, 1,500kg were purchased, the resultant point elasticity of demand is?

Options

A) 0.33
B) 0.0001
C) 1
D) 10,000

 

How to Buy

The complete Igsce Past Questions with accurate answers is N2,000.

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After payment, send the (1) proof of payment, (2) course of study, (3) name of past questions paid for and (4) email address to Ifiokobong (Examsguru) at Whatsapp: 08026529647. We will send the past questions to your email address. Dollar to Naira Rate

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7 Tips to Prepare for Igsce Exams

  1. Don’t make reading your hobby: A lot of people put reading as a hobby in their CV, they might be right because they have finished schooling. But “You” are still schooling, so reading should be in top priority and not as a hobby. Read far and wide to enhance your level of aptitude
    1. Get Exams Preparation Materials: These involve textbooks, dictionaries, Igsce Past Questions, mock questions, and others. These materials will enhance your mastering of the scope of the exams you are expecting.
  2. Attend Extramural Classes: Register and attend extramural classes at your location. This class will not only help you refresh your memory but will boast your classroom understanding and discoveries of new knowledge. Dollar to Naira Rate
  3. Sleep when you feel like: When you are preparing for any exams, sleeping is very important because it helps in the consolidation of memory. Caution: Only sleep when you feel like it and don’t oversleep.
  4. Make sure you are healthy: Sickness can cause excessive feelings of tiredness and fatigue and will not allow you to concentrate on reading. If you are feeling as if you are not well, report to your parent, a nurse or a doctor. Make sure you are well. Pounds to Naira
  5. Eat when you feel like: During the exam preparation period, you are advised not to overeat, so as to avoid sleep. You need to eat little and light food whenever you feel like eating. Eat more of fruits, drink milk and glucose. This will help you to enhance retention.
  6. Reduce your time in social media: Some people live their entire life on Facebook, Twitter, WhatsApp, Messenger chat. This is so bad and catastrophic if you are preparing for exams. Try and reduce your time spent on social media during this time. Maybe after the exams, you can go back and sleep in it.

If you like these tips, consider sharing them with your friends and relatives. Do you have a question or comments? Put it on the comment form below. We will be pleased to hear from you and help you to score as high as possible.

We wish you good luck!

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