ECONOMICS · Pearson Edexcel IGCSE
ECONOMICS/21
Paper 2
Economics · 2024 · Variant 1
Relative difficulty
Analysis source: Pearson Edexcel
Analysis aligned to the official syllabus and assessment design.
3.0 / 5
160
180 min
Government policies
Cohort performance
Session statistics from official examination reports
Total marks
160
Duration
180 min
Session difficulty
3.0 / 5
Key examiner messages
Top priorities from the principal examiner before you revise
High-scoring candidates distinguished themselves in the high-tariff 9-mark and 12-mark questions.
In Paper 1, the 12-mark question on the privatisation of Lagos Airport required a balanced assessment of private sector efficiency versus the risk of higher prices or reduced safety standards.
In Paper 2, the 12-mark question on using education and training to reduce structural unemployment required candidates to weigh up supply-side benefits against the immediate fiscal costs and time lags.
Marks are frequently lost here when candidates write one-sided arguments or fail to deliver a justified concluding judgement.
Question difficulty map
How candidates performed on each question in this series
No data available in official reports
Assessment objectives
Skill and AO weighting from official examiner commentary
Skill weighting
Shows the skill mix this paper tested most heavily.
Knowledge and Understanding
Weight: 4100%Application (AO2)
Weight: 375%Analysis (AO3)
Weight: 250%Evaluation (AO4)
Weight: 125%
Method marks watchlist
Where working, steps, or method marks were commonly lost
No data available in official reports
Recurring mistakes across years
Themes examiners flag in multiple recent sessions for this subject
No data available in official reports
Question choice intelligence
Mean scores and popularity for optional questions (HKDSE electives)
No data available in official reports
Level exemplars
What candidate scripts at each grade level looked like
No data available in official reports
Grade & admission context
How marks relate to grade thresholds and entry standards
Report type
Examiner report — national grade boundaries and question-level commentary
Deep insights
What top candidates did
Techniques and approaches examiners rewarded in this series
No data available in official reports
Command word playbook
How to match each command word to the expected response style
Show formula, substitution, and unit; method marks need visible working.
Match the expected response style for “State” questions.
Match the expected response style for “Label” questions.
Give reasons and link mechanism to outcome; each point needs a because/so chain.
Break into parts and explain how each contributes to the whole question focus.
Match the expected response style for “Assess” questions.
Weigh arguments for and against with evidence; end with a supported judgement.
Time traps
Sections where candidates spent disproportionate time relative to marks
Min per mark: 1.1
Min per mark: 1.1
Min per mark: 1.1
Syllabus traceability
Topics linked to questions and mark weighting in this session
Government policies
30 marks this session
Relationships between objectives and policies
18 marks this session
Elasticity
17 marks this session
International trade
15 marks this session
Externalities
13 marks this session
MCQ trap analytics
Commonly chosen wrong options from examiner commentary
No data available in official reports
Topic heatmap across years
Mark concentration by topic and exam year for this subject
Mark intensity
Government policies
International trade
Macroeconomic objectives
Relationships between objectives and policies
Elasticity
The economic problem
The labour market
Externalities
Paper comparison
Marks and duration breakdown across papers in this session
Paper 1: Microeconomics and Business Economics:
Paper 2: Macroeconomics and the Global Economy:
Marks you can still earn
Where valid approaches outside the mark scheme may still gain credit
No data available in official reports
Practise what examiners flagged
Target weak topics from this report inside the Revui app
Government policies
30 marks this session
Practise in RevuiRelationships between objectives and policies
18 marks this session
Practise in RevuiElasticity
17 marks this session
Practise in RevuiInternational trade
15 marks this session
Practise in RevuiExternalities
13 marks this session
Practise in RevuiSelf-diagnostic checklist
Key actions before you sit this paper — copy and tick off as you revise
- 1Message
High-scoring candidates distinguished themselves in the high-tariff 9-mark and 12-mark questions.
- 2Message
In Paper 1, the 12-mark question on the privatisation of Lagos Airport required a balanced assessment of private sector efficiency versus the risk of higher prices or reduced safety standards.
- 3Message
In Paper 2, the 12-mark question on using education and training to reduce structural unemployment required candidates to weigh up supply-side benefits against the immediate fiscal costs and time lags.
- 4Message
Marks are frequently lost here when candidates write one-sided arguments or fail to deliver a justified concluding judgement.
Teacher briefing pack
One-page session summary for tutors and classroom review
2024 2024
Economics
High-scoring candidates distinguished themselves in the high-tariff 9-mark and 12-mark questions. In Paper 1, the 12-mark question on the privatisation of Lagos Airport required a balanced assessment of private sector efficiency versus the risk of higher prices or reduced safety
High-scoring candidates distinguished themselves in the high-tariff 9-mark and 12-mark questions.
In Paper 1, the 12-mark question on the privatisation of Lagos Airport required a balanced assessment of private sector efficiency versus the risk of higher prices or reduced safety standards.
In Paper 2, the 12-mark question on using education and training to reduce structural unemployment required candidates to weigh up supply-side benefits against the immediate fiscal costs and time lags.
- Total marks
- 160
- Duration
- 180 min
- Session difficulty
- 3.0 / 5
Session analysis
High-scoring candidates distinguished themselves in the high-tariff 9-mark and 12-mark questions. In Paper 1, the 12-mark question on the privatisation of Lagos Airport required a balanced assessment of private sector efficiency versus the risk of higher prices or reduced safety standards. In Paper 2, the 12-mark question on using education and training to reduce structural unemployment required candidates to weigh up supply-side benefits against the immediate fiscal costs and time lags. Marks are frequently lost here when candidates write one-sided arguments or fail to deliver a justified concluding judgement.
Updated Jun 13, 2026
Paper breakdown
Paper 1: Microeconomics and Business Economics:
Paper 2: Macroeconomics and the Global Economy:
Top chapters
Exam structure insights
Marks by chapter
See where the marks were concentrated so revision time goes to the highest-value topics.
Mark accessibility
Estimate which marks were basic, mid-level, or high-difficulty.
63% within easy or medium reach
Command word frequency
Spot common command words so answers match the expected response style.
Question type mix
Compare the mark share of each paper section and question type.
Assess/Evaluate
(9 & 12-mark)
60·6·38%
Analyse
(6-mark)
36·6·23%
Short Answer & Calculation
25·14·16%
Diagram & Labeling
15·5·9%
Multiple Choice
12·12·8%
Explanation
(3-mark)
12·4·8%
Study ROI
Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.
Difficulty trend
Compare difficulty across recent years.
Time vs marks
Compare marks with suggested time allocation to plan exam pacing.
Paper 1 (Micro) Que…
0.89 m/minPaper 1 (Micro) Que…
0.89 m/minPaper 2 (Macro) Que…
0.89 m/minTotal marks
120
Total time
135 min
Avg pace
0.89
Cumulative marks ladder
The line is your running mark total question by question; dashed lines are the estimated grade cut-offs. See which question the line crosses your target grade at, so you know how far you must answer cleanly and which questions decide a band.
Next-year prediction
Topics worth watching next year, with the reason shown directly below each bar.
Demand, supply and market equilibrium
85%85%
Exchange rates
80%80%
The mixed economy
75%75%
Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.