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ECONOMICS · Pearson Edexcel IGCSE

ECONOMICS/12

Paper 1

Economics · June 2025 · Variant 2

Relative difficulty

Demanding · 3.5/5

Analysis source: Pearson Edexcel

Analysis aligned to the official syllabus and assessment design.

Relative difficulty

3.5 / 5

Total marks

160

Duration

180 min

Most tested topic

Government policies (including fiscal policy, taxation, and interventionist strategies like minimum wages and subsidies)

Cohort performance

Session statistics from official examination reports

Total marks

160

Duration

180 min

Session difficulty

3.5 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

Marks are heavily concentrated in the analytical and evaluative domains.

2

Together, the 9-mark and 12-mark questions across both papers account for 60 marks out of 160 (nearly 38% of the total).

3

To capture top-tier marks in these sections, candidates must demonstrate clear, chained economic reasoning (AO3) and balanced counter-arguments culminating in a supported judgment (AO4).

4

Additionally, the quantitative calculations—ranging from the Price Elasticity of Demand (PED) formula PED=%ΔQd%ΔP \text{PED} = \frac{\%\Delta Q_d}{\%\Delta P} PED=%ΔP%ΔQd​​ to percentage changes and balance of trade deductions—hold a vital 12 marks that often differentiate grade boundaries.

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

Quantitative (Diagrammatic (Analytical (Chain6
Evaluative (Count2

Skill weighting

Shows the skill mix this paper tested most heavily.

Quantitative (Diagrammatic (Analytical (ChainQuantitative(DiagrammaticEvaluative (CountEvaluative(Count
SkillWeightShare
  • Quantitative (Diagrammatic (Analytical (Chain

    Weight: 6100%
  • Evaluative (Count

    Weight: 233%

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

DescribeFrequency: 10

State features in sequence or list observable properties — do not explain causes unless asked.

CalculateFrequency: 6

Show formula, substitution, and unit; method marks need visible working.

LabelFrequency: 5

Match the expected response style for “Label” questions.

ExplainFrequency: 5

Give reasons and link mechanism to outcome; each point needs a because/so chain.

AnalyseFrequency: 5

Break into parts and explain how each contributes to the whole question focus.

AssessFrequency: 4

Match the expected response style for “Assess” questions.

EvaluateFrequency: 2

Weigh arguments for and against with evidence; end with a supported judgement.

Time traps

Sections where candidates spent disproportionate time relative to marks

Paper 1 Question 110m / 5 marks

Min per mark: 2

Syllabus traceability

Topics linked to questions and mark weighting in this session

Government policies

24 marks this session

Macroeconomic objectives

20 marks this session

The labour market

15 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

LowHigh
Topic
2023
2024
2025
Σ

Government policies

45
30
24
99

International trade

17
15
32

Macroeconomic objectives

20
20

Relationships between objectives and policies

18
18

Elasticity

17
17

The economic problem

16
16

The labour market

15
15

Externalities

13
13

Paper comparison

Marks and duration breakdown across papers in this session

Paper 1: Microeconomics and Business Economics:

80 marks90 min

Paper 2: Macroeconomics and the Global Economy:

80 marks90 min

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

Self-diagnostic checklist

Key actions before you sit this paper — copy and tick off as you revise

  • 1Message

    Marks are heavily concentrated in the analytical and evaluative domains.

  • 2Message

    Together, the 9-mark and 12-mark questions across both papers account for 60 marks out of 160 (nearly 38% of the total).

  • 3Message

    To capture top-tier marks in these sections, candidates must demonstrate clear, chained economic reasoning (AO3) and balanced counter-arguments culminating in a supported judgment (AO4).

  • 4Message

    Additionally, the quantitative calculations—ranging from the Price Elasticity of Demand (PED) formula PED=%ΔQd%ΔP \text{PED} = \frac{\%\Delta Q_d}{\%\Delta P} PED=%ΔP%ΔQd​​ to percentage changes and balance of trade deductions—hold a vital 12 marks that often differentiate grade boundaries.

Teacher briefing pack

One-page session summary for tutors and classroom review

June 2025 2025

Economics

Marks are heavily concentrated in the analytical and evaluative domains. Together, the 9-mark and 12-mark questions across both papers account for 60 marks out of 160 (nearly 38% of the total). To capture top-tier marks in these sections, candidates must demonstrate clear, chaine

  • Marks are heavily concentrated in the analytical and evaluative domains.

  • Together, the 9-mark and 12-mark questions across both papers account for 60 marks out of 160 (nearly 38% of the total).

  • To capture top-tier marks in these sections, candidates must demonstrate clear, chained economic reasoning (AO3) and balanced counter-arguments culminating in a supported judgment (AO4).

Total marks
160
Duration
180 min
Session difficulty
3.5 / 5

Session analysis

Marks are heavily concentrated in the analytical and evaluative domains. Together, the 9-mark and 12-mark questions across both papers account for 60 marks out of 160 (nearly 38% of the total). To capture top-tier marks in these sections, candidates must demonstrate clear, chained economic reasoning (AO3) and balanced counter-arguments culminating in a supported judgment (AO4). Additionally, the quantitative calculations—ranging from the Price Elasticity of Demand (PED) formula PED=%ΔQd%ΔP \text{PED} = \frac{\%\Delta Q_d}{\%\Delta P} PED=%ΔP%ΔQd​​ to percentage changes and balance of trade deductions—hold a vital 12 marks that often differentiate grade boundaries.

Updated Jun 13, 2026

Paper breakdown

Paper 1: Microeconomics and Business Economics:

80 marks90 min

Paper 2: Macroeconomics and the Global Economy:

80 marks90 min

Top chapters

Government policies24 marks
Macroeconomic objectives20 marks
The labour market15 marks

Exam structure insights

Marks by chapter

See where the marks were concentrated so revision time goes to the highest-value topics.

The economic problem2 marks
Economic assumptions1 marks
Production8 marks
Business competition3 marks
Elasticity9 marks
Demand, supply and market equil10 marks
The labour market15 marks
Business costs, revenues and pr3 marks

Mark accessibility

Estimate which marks were basic, mid-level, or high-difficulty.

69% within easy or medium reach

45
65
50
Easy: 45 marksMedium: 65 marksHard: 50 marks

Command word frequency

Spot common command words so answers match the expected response style.

Describe10 times
Calculate6 times
Label5 times
Explain5 times
Analyse5 times
Assess4 times
Evaluate2 times

Question type mix

Compare the mark share of each paper section and question type.

157Marks
  • Assess

    36·4·23%

  • Analyse

    30·5·19%

  • Evaluate

    24·2·15%

  • Definition and State

    15·10·10%

  • Draw/Label Diagrams

    15·5·10%

  • Explain

    15·5·10%

  • Calculate

    12·6·8%

  • Multiple Choice

    10·10·6%

Study ROI

Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.

DifficultyRecurrence %Government policie…Macroeconomic obje…The labour market …Externalities (pri…

Difficulty trend

Compare difficulty across recent years.

3.42022320233.520243.52025

Time vs marks

Compare marks with suggested time allocation to plan exam pacing.

MarksMinutesMarks / min

Paper 1 Question 1

0.50 m/min
5
10

Total marks

5

Total time

10 min

Avg pace

0.50

Next-year prediction

Topics worth watching next year, with the reason shown directly below each bar.

Monopoly, Oligopoly, and Market Concentration

85%

85%

Exchange Rate Systems (Fixed vs Floating)

80%

80%

Trade Unions and Labor Market Interventions

75%

75%

Examiner notes & key calculations

  • Incomplete Graphical Labels: Many candidates shifted curves correctly (such as the rightward supply shift for smartphone productivity or leftward supply shift for coal tariffs) but failed to label the new equilibrium points P1 P_1 P1​ and Q1 Q_1 Q1​ as instructed.
  • Formula and Unit Errors: In calculations, students often omitted steps or forgot vital signs (e.g., negative signs for PED) and currency symbols.
  • One-Sided Evaluations: In the 12-mark essay on the minimum wage and globalisation, many answers focused entirely on the benefits while neglecting the critical drawback analysis (such as the risk of structural unemployment or corporate exploitation).

Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.

ECONOMICS/12 — Pearson Edexcel IGCSE Economics (June 2025) | Revui