Pearson EdexcelInternational GCSE150 resources

Pearson Edexcel International GCSE Economics Past Papers & Mark Schemes

Free Edexcel iGCSE Economics (4EC1) past papers, mark schemes & examiner reports. Microeconomics and macroeconomics. 150 resources.

📅January and June, multiple years📄150 resources available✅Free to download

Papers Overview Paper Structure Key Info Key Topics Command Words Grade Boundaries Revision Tips Try AI Tutor ✦

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Type

Year

150 of 150 resources — page 1 of 6

January 2019

1 file

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International GCSE Economics – Question paper – Paper 1 – January 2019

Question Paper

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January 2018

1 file

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International GCSE Economics – Question paper – Paper 1 – January 2018

Question Paper

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January 2017

1 file

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International GCSE Economics – Question paper – Paper 1 – January 2017

Question Paper

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January 2016

3 files

📊

International GCSE Economics – Examiner report – Paper 1 – January 2016

Examiner Report

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International GCSE Economics – Question paper – Paper 1 – January 2016

Question Paper

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✅

International GCSE Economics – Mark scheme – Paper 1 – January 2016

Mark Scheme

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June 2016

2 files

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International GCSE Economics – Question paper – Paper 1 – June 2016

Question Paper

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International GCSE Economics – Question paper – Paper 1R – June 2016

Question Paper

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June 2015

6 files

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International GCSE Economics – Question paper – Paper 1R – June 2015

Question Paper

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📊

International GCSE Economics – Examiner report – Paper 1 – June 2015

Examiner Report

Download

📄

International GCSE Economics – Question paper – Paper 1 – June 2015

Question Paper

Download

✅

International GCSE Economics – Mark scheme – Paper 1R – June 2015

Mark Scheme

Download

📊

International GCSE Economics – Examiner report – Paper 1R – June 2015

Examiner Report

Download

✅

International GCSE Economics – Mark scheme – Paper 1 – June 2015

Mark Scheme

Download

January 2015

2 files

📄

International GCSE Economics – Question paper – Paper 1 – January 2015

Question Paper

Download

✅

International GCSE Economics – Mark scheme – Paper 1 – January 2015

Mark Scheme

Download

June 2014

6 files

✅

International GCSE Economics – Mark scheme – Paper 1R – June 2014

Mark Scheme

Download

📊

International GCSE Economics – Examiner report – Paper 1 – June 2014

Examiner Report

Download

📊

International GCSE Economics – Examiner report – Paper 1R – June 2014

Examiner Report

Download

✅

International GCSE Economics – Mark scheme – Paper 1 – June 2014

Mark Scheme

Download

📄

International GCSE Economics – Question paper – Paper 1R – June 2014

Question Paper

Download

📄

International GCSE Economics – Question paper – Paper 1 – June 2014

Question Paper

Download

January 2014

3 files

📊

International GCSE Economics – Examiner report – Paper 1 – January 2014

Examiner Report

Download

✅

International GCSE Economics – Mark scheme – Paper 1 – January 2014

Mark Scheme

Download

📄

International GCSE Economics – Question paper – Paper 1 – January 2014

Question Paper

Download

International GCSE Economics: Microeconomic Foundations and Macroeconomic Policy in a Global Context

Pearson Edexcel International GCSE Economics (specification 4EC1, replacing legacy 4EC0) provides a rigorous introduction to economic thinking. The specification covers both microeconomics (how individual markets work) and macroeconomics (how national and global economies function), with particular emphasis on applying theory to real-world economic issues. Paper 1 — Microeconomics and Business Economics (1 hour 30 minutes, 80 marks, 50%) — covers the basic economic problem, supply and demand, price determination, market failure, the role of government in markets, and how businesses operate within competitive and monopolistic structures. Paper 2 — Macroeconomics and the Global Economy (1 hour 30 minutes, 80 marks, 50%) — examines government economic policy, aggregate demand and supply, employment, inflation, economic growth, international trade, exchange rates, and development. Both papers include multiple-choice questions, data-response sections using real-world economic data (tables, graphs, articles), and extended-response essays requiring sustained analytical argument. Diagram skills are essential — students must draw, label, and interpret supply-demand diagrams, production possibility curves, and aggregate demand/supply models. With 150 resources spanning both specification versions and multiple exam sessions, this is one of the most well-resourced iGCSE economics archives available.

Exam Paper Structure

Paper 1Calculator ✓

Microeconomics and Business Economics

⏱ 1 hour 30 minutes🎯 80 marks📊 50% of grade

The basic economic problemSupply, demand, and price determinationMarket failure and government interventionBusiness economics and competition

Paper 2Calculator ✓

Macroeconomics and the Global Economy

⏱ 1 hour 30 minutes🎯 80 marks📊 50% of grade

Government economic policyAggregate demand and supplyEmployment, inflation, and growthInternational trade and development

Key Information

Exam Board	Pearson Edexcel
Specification Code	4EC1 (current) / 4EC0 (legacy)
Qualification	International GCSE
Grading Scale	9–1
Assessment Type	2 written exams (no coursework)
Tiers	No tiers
Number Of Papers	2
Exam Duration	1 hour 30 minutes per paper
Total Marks	160 (80 per paper)
Calculator Status	Calculator allowed
Available Sessions	January and June, multiple years
Total Resources	150

Key Topics in Economics

Topics you need to know

Scarcity, choice, and opportunity costSupply, demand, and market equilibriumMarket failure and externalitiesFiscal, monetary, and supply-side policyInternational trade and exchange ratesEconomic development and indicatorsInflation, unemployment, and the trade-offBusiness organisation and competition

Exam Command Words

Command word	What the examiner expects
Define	Give the precise economic meaning of a term
Explain	Give economic reasons, linking cause to effect
Analyse	Examine an economic issue in depth, exploring impacts and consequences
Evaluate	Weigh up arguments, consider limitations, and reach a supported judgement
Calculate	Work out a numerical answer, showing working
Draw	Produce a clearly labelled economic diagram
Discuss	Consider multiple perspectives on an economic issue

Typical Grade Boundaries

Grade	Approximate mark needed
9	79–89%
8	69–78%
7	59–68%
6	49–58%
5	39–48%
4	29–38%
3	21–28%
2	14–20%
1	7–13%

⚠️ Typical grade boundaries across both papers (160 total marks). Boundaries vary by session — check Pearson's website.

Diagrams, Data Responses, and Chains of Reasoning: How to Excel in iGCSE Economics

Economics examiners consistently report that the strongest candidates support their written arguments with correctly drawn diagrams. Every time you discuss a market change (a tax, a subsidy, a demand shift), draw and label the relevant supply-demand diagram in your answer. Mark the original equilibrium, the shift, and the new equilibrium — then explain the diagram in words. This dual approach of visual and verbal explanation maximises your marks. Data-response questions present economic information — GDP growth rates, unemployment figures, trade balances — and ask you to analyse it. Describe the trend first ('GDP growth fell from 3.2% to 1.1% between 2018 and 2020'), then explain why using economic theory ('this may reflect a decline in aggregate demand caused by reduced consumer confidence'). Always reference the specific numbers from the data rather than making vague observations. Extended-response questions require you to construct chains of reasoning: cause leads to effect, which leads to further consequences. 'A rise in interest rates (cause) increases the cost of borrowing (first effect), which reduces consumer spending and business investment (second effect), leading to a contraction in aggregate demand (third effect), potentially causing unemployment to rise (conclusion).' Each link in this chain earns marks. Practise building these chains until they flow naturally.

More Pearson Edexcel International GCSE Subjects

Explore other International GCSE subjects from Pearson Edexcel

Pearson Edexcel International GCSE Economics Past Papers & Mark Schemes

Download Past Papers

January 2019

January 2018

January 2017

January 2016

June 2016

June 2015

January 2015

June 2014

January 2014

International GCSE Economics: Microeconomic Foundations and Macroeconomic Policy in a Global Context

Exam Paper Structure

Key Information

Key Topics in Economics

Exam Command Words

Typical Grade Boundaries

Diagrams, Data Responses, and Chains of Reasoning: How to Excel in iGCSE Economics

More Pearson Edexcel International GCSE Subjects

Mathematics

English Language

English as a Second Language

Science

Human Biology

Further Pure Mathematics

English Literature

Chinese

Arabic

Chemistry

Biology

Physics

Commerce

French

German

Spanish

History

Business

Accounting

Geography

Pakistan Studies

Bangladesh Studies

Swahili

Information and Communication Technology

Religious Studies

Computer Science

Bengali

Global Citizenship

Greek

Gujarati

Turkish

Bangla

Islamiyat

Modern Greek

Sinhala

Tamil

Urdu

Art and Design

Hindi

Islamic Studies

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