Cambridge International (CAIE) · 4 The macroeconomy (AS) · 4.4 Economic growth

Cambridge International (CAIE) Economics past paper questions: Economic growth

Every Cambridge International (CAIE) question on Economic growth from 2023 to 2025: 3 essays, 3 data response questions and 5 multiple choice questions. It covers 6.3 Current account of the balance of payments, 4.1 National income statistics, 4.5 Unemployment, 4.3 Aggregate demand and aggregate supply analysis and 4.6 Price stability. Each question links to its paper, mark scheme and examiner report.

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Subtopics6.3 Current account of the balance of payments 34.1 National income statistics 14.5 Unemployment 14.3 Aggregate demand and aggregate supply analysis 14.6 Price stability 1

Essay questions on economic growth

AS Paper 2, March 2024, Q5(a)OptionalExplain8 marks

With the help of an aggregate demand and aggregate supply diagram, explain how a decrease in interest rates could cause economic growth and consider whether economic growth will always result in inflation.

Question paper p.4 Mark scheme p.16 Open in the tool Draw it: AD/AS diagram

AS Paper 2, March 2024, Q5(b)OptionalAssess12 marks

Assess whether economic growth is always desirable for an economy.

Question paper p.4 Mark scheme p.17 Open in the tool

AS Paper 2, March 2023, Q4(b)OptionalAssess12 marks

Assess whether the consequences of economic growth for an economy are always positive.

Question paper p.4 Mark scheme p.16 Examiner report p.5 Open in the tool

Data response questions on economic growth

AS Paper 2, November 2024, Q1(e)Assess6 marks

Case study: Can economic growth in Chile reduce income and wealth inequality?

Assess the likely impact of the rise in the world copper price from 2020 on the future economic growth of Chile.

Question paper p.3 Mark scheme p.11 Open in the tool

AS Paper 2, March 2024, Q1(a)Compare2 marks

Case study: Artificial Intelligence

Using the information in Table 1.1, compare the change in projected real GDP growth of Japan with that in the US between 2022 and 2025.

Question paper p.3 Mark scheme p.8 Open in the tool

AS Paper 2, November 2023, Q1(e)Assess6 marks

Case study: Electric cars create challenges for oil producers

Assess whether diversification is likely to be more successful in Venezuela or Saudi Arabia as they reduce their dependence on oil production.

Question paper p.3 Mark scheme p.10 Examiner report p.10 Open in the tool

Multiple choice questions

AS Paper 1, November 2025, Q20
What is not a likely reason for a government having the objective of economic growth?
AS Paper 1, November 2025, Q25
What is the least likely consequence of rapid economic growth?
AS Paper 1, March 2025, Q20
High economic growth is often accompanied by a worsening of the current account of the balance of payments. Which reason for this trend is not valid?
AS Paper 1, June 2024, Q18
Which change affecting an economy’s labour force will cause an increase in economic growth in the short run?
AS Paper 1, June 2023, Q30
Economic growth leads to increased levels of income and consumption per capita for the adult population. Which circumstances are needed for this to happen in an economy?

Question text is quoted from the question papers, © Cambridge University Press & Assessment (UCLES), for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.

Essay questions on economic growth

Data response questions on economic growth

Multiple choice questions

More Cambridge International (CAIE) topics: 4 The macroeconomy (AS)