Practise 882 real Economics questions from 2021 to 2026. See the correct answer and a clear explanation the moment you answer.
A Level Economics (Cambridge (CAIE) 9708) is examined in the May/June and Oct/Nov series. Tayyari Karo has real questions from 2021 to 2026 across Paper 1, Paper 2, Paper 3, Paper 4, covering topics such as The price system and the microeconomy (further), The price system and the microeconomy, The macroeconomy, International economic issues and The macroeconomy (further). The fastest way to improve is to work through real questions and read why each answer is right.
Tayyari Karo collects the real Cambridge (CAIE) Economics questions in one place, sorted by paper and topic. 658 of them are multiple choice and marked instantly, and the rest are structured questions with a full model answer.
These are real past-paper questions. Think of your answer first, then open the explanation.
What is the payment received for the use of capital?
Answer: A. interest
Interest is the reward paid to the owners of capital (and to lenders of loanable funds) for its use; profit rewards enterprise, rent rewards land, and wages reward labour.
Which type of good would be over-consumed because of information failure?
Answer: A. demerit
Demerit goods (e.g. cigarettes, alcohol) are over-consumed relative to the social optimum because consumers underestimate the private/social costs involved — a form of information failure. Merit goods are under-consumed for the equivalent reason.
When will it not be possible to use price as a rationing mechanism?
Answer: C. when the demand for a good is perfectly inelastic
If demand is perfectly inelastic, quantity demanded does not respond to price changes at all, so varying price cannot ration the good among competing users — quantity demanded stays fixed regardless of price.
Discuss how likely it is that monetary policy would be successful in reducing inflation in an economy with a floating exchange rate.
Analysis (up to 8 marks): monetary policy can reduce inflation via higher interest rates and/or a reduction in the money supply. For cost-push inflation, higher interest rates tend to appreciate the currency (under a floating regime), lowering import prices of finished goods and raw materials/components, which helps reduce cost-push pressure. For demand-pull inflation, higher interest rates and/or a smaller money supply reduce aggregate demand directly, and the resulting currency appreciation additionally dampens net exports, further reducing demand-pull pressure. …
The full model answer is in the app.
Number of questions available for each paper.
| Session | Paper 1 | Paper 2 | Paper 3 | Paper 4 |
|---|---|---|---|---|
| May/June 2026 | 30 | 13 | 30 | 8 |
| May/June 2025 | 30 | 12 | 30 | 8 |
| Oct/Nov 2025 | 30 | 13 | 30 | 8 |
| May/June 2024 | 30 | 5 | 30 | 5 |
| Oct/Nov 2024 | 30 | 13 | 30 | 8 |
| May/June 2023 | 28 | 9 | 30 | 8 |
| Oct/Nov 2023 | 30 | 13 | 30 | 8 |
| May/June 2022 | 30 | 8 | 30 | 10 |
| Oct/Nov 2022 | 30 | 11 | 30 | 13 |
| May/June 2021 | 30 | 12 | 30 | 14 |
| Oct/Nov 2021 | 30 | 11 | 30 | 14 |
Yes. Every question comes from a real Cambridge (CAIE) Economics (9708) paper from 2021 to 2026. Each one shows the year, session and paper it came from.
You can start free with no signup. A small set of papers per subject is free, and Premium unlocks every paper, the full question bank and the paper PDFs.
Yes. Every question gives you the correct answer straight away with a short explanation, so you learn from mistakes instead of just marking them.
Paper 1, Paper 2, Paper 3, Paper 4 across the May/June and Oct/Nov sessions. Multiple-choice questions are marked automatically, and structured questions show a full model answer.
