O Level falls into the General Certificate of Education examination system of UK and is among the world’s highly recognized qualifications for young students. O Level Economics code is 2281.
The Cambridge O Level Economics syllabus evolves an understanding of economic theory, terminology and principles. The students study Economics of different countries. They also learn to work with simple economics data and to use the tools of economics analysis. Learners apply the understanding of economics to current economic issues.
The Cambridge O Level Economics syllabus establishes a foundation for further study, including Cambridge International AS & A Level Economics, or the same. It helps students in learning more skills they need for their next step in education or in their professional life.
Economics has even been applied to criminal law as society tries to develop laws and punishments that deter deviant behavior. A strong economic background can help lawyers to enter the specific areas: Finance, by better understanding how stock, bond, and other financial markets work. Law and economics share with alternative branches of economics the supposition that individuals are rational and answer to incentives.
You will be assessed at the end of the course with these two components:
The following summarizes the key information about each examination paper.
Type: Multiple Choice Questions
Duration: 45 minutes
Marks: 30 marks
Skills Assessed: Knowledge and understanding Analysis
Details: There are 30 questions. You have to select one answer from four options: A, B, C and D.
Percentage of Qualification: 30%
Type: Structured Questions
Duration: 2 hours and 15 minutes
Marks: 90 marks
Skills Assessed: Knowledge and understanding Analysis Evaluation
Details: One compulsory question based on stimulus material and three four-part questions form a choice of four have to be answered.
Percentage of Qualification: 70%
The last topic covered in the current account of the balance of payments. This is a record of what a country sells and buys to other countries and the income it earns form and pays abroad.
You can download one or more papers for a previous session. Please note that these papers may or may not reflect the content of the current syllabus.
Cambridge O Level Economics Past Papers PDF Donwload.
Resource 1:
Cambridge O Level Biology (Cambridge)
Written by renowned expert authors, this resource enable the learner to effectively navigate through the content of the revised Cambridge O Level Biology syllabus (2281).
Recommended GCE Guide Economics O Level
CLA is the top-ranked institution delivering the best education of O and A Level. You can join only for the past paper session that lasts 30 days before the commencement of the Cambridge exams.