Cambridge International (CAIE) · 1 Basic economic ideas and resource allocation (AS) · 1.2 Economic methodology
Cambridge International (CAIE) Economics past paper questions: Economic methodology
Every Cambridge International (CAIE) question on Economic methodology from 2023 to 2025: 8 multiple choice questions. It covers 4.5 Unemployment, 6.3 Current account of the balance of payments, 4.6 Price stability and 4.2 Introduction to the circular flow of income. Each question links to its paper, mark scheme and examiner report.
Multiple choice questions
- AS Paper 1, November 2025, Q1
What is an example of a normative statement?
- AS Paper 1, June 2025, Q1
What is the best definition of a positive economic statement?
- AS Paper 1, March 2025, Q2
To increase production, a firm in industry X needs to install capital equipment, while a firm in industry Y needs to research and introduce a new technology. What time periods are illustrated by these cases?
- AS Paper 1, November 2024, Q4
Which statement is positive?
- AS Paper 1, June 2024, Q3
Earth observation satellites designed to acquire information are close to the theoretical case of a public good. In 2011, the World Meteorological Organisation estimated that improving satellite observations would cost an extra $1 billion…
- AS Paper 1, March 2024, Q2
Which statement is a normative statement?
- AS Paper 1, March 2023, Q2
What is the definition of long run?
- AS Paper 1, March 2023, Q3
The table states the consequences of two macroeconomic policies. What correctly identifies whether the statements are normative or positive?
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.