Practise for Cambridge IGCSE Economics 0455 Paper 1 with four full-length online mock tests. Each mock has 30 multiple-choice questions to finish in 45 minutes, the same as the real paper, in the same order and topic balance, with the calculations and diagrams that come up most often. Your score, a section-by-section breakdown and an explanation for every answer appear as soon as you submit, and the result is emailed to you.
- Paper
- 0455 Paper 1 Multiple Choice (0455/12 in zone 4)
- Exam date
- Wednesday 4 November 2026, afternoon (zone 4)
- Time
- 45 minutes
- Marks
- 30 (30% of the IGCSE)
- Questions
- 30 four-option multiple choice
- Calculator
- Allowed
Choose a mock test
What each mock covers
Every mock test has the same balance of topics, with different numbers and contexts, so you can track your progress from Mock 1 to Mock 4.
- The basic economic problem3 questions
- The allocation of resources6 questions
- Microeconomic decision makers7 questions
- Government and the macroeconomy8 questions
- Economic development2 questions
- International trade and globalisation4 questions
How each topic is examined in 0455 Paper 1
- 1 The basic economic problem
- Scarcity and choice for consumers, workers, producers and governments; free and economic goods; the factors of production and their rewards (rent, wages, interest, profit); mobility of labour; opportunity cost in real decisions; and PPC diagrams: points inside, on and outside the curve, movements along it and shifts. Usually about 3 questions.
- 2 The allocation of resources
- The biggest block, usually 6 to 7 questions: micro and macro, the price mechanism, causes of shifts versus movements along demand and supply curves, equilibrium from schedules and diagrams, PED and PES calculations and what they mean for revenue and tax, market failure (public, merit and demerit goods, external costs and benefits), and maximum and minimum prices, taxes, subsidies, nationalisation and privatisation.
- 3 Microeconomic decision makers
- Usually about 7 questions: functions and characteristics of money, central and commercial banks, what makes households spend, save and borrow, wage and non-wage factors, why earnings differ, trade unions and collective bargaining, division of labour, types of firm and mergers, economies and diseconomies of scale, productivity, cost and revenue calculations (TC, ATC, AFC, AVC, TR, AR) and competitive versus monopoly markets.
- 4 Government and the macroeconomy
- Usually about 8 questions: the macroeconomic aims and the conflicts between them, budget deficits and surpluses, progressive, regressive, proportional, direct and indirect taxes, fiscal, monetary and supply-side policy, real GDP and recession, unemployment rate calculations and types of unemployment, CPI inflation calculations, demand-pull and cost-push inflation, and who gains and loses from inflation and deflation.
- 5 Economic development
- Usually 2 to 3 questions: real GDP per head and HDI and their limits, absolute and relative poverty and policies to reduce it, birth rate, death rate and migration calculations, population pyramids and ageing, and why development differs between countries.
- 6 International trade and globalisation
- Usually 3 to 4 questions: specialisation by country, MNCs, free trade, tariffs, quotas, subsidies and embargoes and the reasons for them, exchange rate diagrams and the causes and effects of appreciation and depreciation, fixed and floating rates, and current account calculations and policies.
How to use these mocks before the exam
- Take each mock in one sitting: 45 minutes, a calculator and no notes.
- Work out calculation questions (PED, PES, costs, unemployment, inflation, current account) on paper and check the units.
- For diagram questions, decide first whether the curve has shifted or there has been a movement along it.
- Read the explanation for every wrong answer and write the key definition in your own words.
- Watch for the words NOT and LEAST in questions. They decide which option is correct.
Frequently asked questions
When is the IGCSE Economics 0455 Paper 1 exam in November 2026?
In India and the rest of Cambridge administrative zone 4, Paper 1 (0455/12) is on the afternoon of Wednesday 4 November 2026. Some other zones sit a different variant on a different day, for example zone 6 sits 0455/13 on the morning of Thursday 5 November. Always check the timetable and start time with your exam centre.
What is in Paper 1?
Paper 1 is 30 compulsory four-option multiple-choice questions in 45 minutes, worth 30 marks and 30% of the IGCSE. Questions cover all six sections of the syllabus and can include calculations, tables and diagrams. Calculators are allowed.
Are these mock tests the same as the real paper?
Each mock has 30 questions in 45 minutes, in the same order and topic balance as recent 0455 Paper 1 papers, with similar calculations and diagrams. The questions are written by our economics team, not copied from Cambridge papers, so you can use them alongside past papers without repeating questions.
Do these mocks cover Paper 2?
No. Paper 2 (structured questions, 2 hours 15 minutes) was sat on Tuesday 20 October 2026 in zone 4. These mocks are for Paper 1, but the explanations also revise the definitions and chains of reasoning you need for Paper 2.
How should I use the four mocks before the exam?
Take Mock 1 under timed conditions, read every explanation for the questions you got wrong, revise your two weakest sections, then take Mock 2. Use Mocks 3 and 4 in the last few days as a final check. Aim to finish with 5 minutes to spare so you can check calculation questions.
Is there negative marking?
No. In the real Paper 1 and in these mocks each correct answer scores one mark and wrong answers lose nothing, so answer every question.
Are the mock tests free?
Yes. You only need to enter your name, email, phone number, school and grade so that we can send you your result.
Written and checked against the Cambridge International syllabus by the The Vector Academy economics team. Last updated 29 October 2026.
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