What does CAIE 2281 Economics cover?

CAIE 2281 Economics on Ustaad AI covers Paper 2 (Structured Questions), drawing on 6 syllabus topics. Ask a question in your own words and get an explanation built from past papers, mark schemes and examiner reports, with the page it came from.

Structured Questions: One compulsory six-part question in Section A, then three questions from a choice of four in Section B. Worth 80 marks, over 2 hours.

  • The basic economic problem
  • The allocation of resources
  • Microeconomic decision-makers
  • Government and the macroeconomy
  • Economic development
  • International trade and globalisation

Example questions

  • Explain price elasticity of demand with an example
  • Why might a government raise interest rates?
  • What does the command word 'evaluate' actually want?