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    0455marking Guidance

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    0455marking Guidance

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    0455marking Guidance

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    of 2

    Marking guidance

    IGCSE Economics (0455/0987)

    Component 2
    As stated at the beginning of the mark scheme, please note:

    • marks awarded are always whole marks (not half marks, or other fractions).
    • marks are not deducted for errors/omissions.
    • answers should only be judged on the quality of spelling, punctuation and grammar when these
    features are specifically assessed by the question, as indicated by the mark scheme. The
    meaning, however, should be unambiguous.
    • please pay special attention to the guidance column on the right-hand side of the mark scheme:
    important advice on acceptable / unacceptable answers is often provided there.

    For Section A

    Please note all answers must refer to the extract, as mentioned clearly on the question paper at the
    top of page 2 and also at the top of page 3. This section assesses the candidates’ ability to draw on
    and interpret the data provided in the source material.
    This means that in all questions that require a candidate to identify or explain certain economic terms
    (like globalisation or living standards), the answers must be chosen from those given in the extract.
    Valid points not mentioned in the extract are not credited.
    For questions which require analysis of the data provided in the table, it is important to interpret the
    data by pointing out the similarities and the exception(s), rather than just repeating that information.
    Candidates need to do more than simply take numbers from the data: they should do something with
    these numbers, for example ‘highest / lowest’ or 'increasing / decreasing'.
    All questions with the ‘discuss’ command word require both sides of an argument to be presented, so
    please be careful when marking them. A strong one-sided answer cannot get more than 4 marks out
    of a maximum of 6 marks.

    © Cambridge University Press & Assessment 2024 0455/0987_MW_OTG_Marking guidance 1


    For Section B

    (a) In 2-mark questions, it is possible to gain full marks without a long and elaborate explanation,
    especially if the question asks the candidates to identify a feature. For example, for the qualities of a
    good tax, mentioning convenience and equity is enough for 2 marks.

    (b) In 4-mark questions, the command word is ‘explain’ and so a simple explanation of the points
    asked will allow the candidate to gain full marks. Often, candidates do well in (b) parts of the question
    and gain full marks.

    (c) In 6-mark questions, the command word is ‘analyse’ and a candidate can gain all 6 marks even if
    they have written and explained only one point in greater depth, although this tends to be relatively
    rare. Do not assume that the 6-mark questions require three points of two marks each.

    (d) Please be extra careful when marking the 8-mark ‘discuss’ questions as they are marked as per
    the following levels:

    LEVEL 1: (1–2 marks): an answer which conveys basic information like definitions or only identifies
    points. The response lacks depth and can be one-sided.

    LEVEL 2: (3–5 marks): a two-sided answer which lacks depth or a one-sided answer with depth
    containing some economic terminology. L2 is achieved after L1 and it builds on the L1 mark.

    LEVEL 3: (6–8 marks): a two-sided answer with depth and a good use of economic terminology.
    L3 is achieved after L2 and it builds on the L2 mark

    A detailed description of the different levels is given in the mark scheme.

    We are committed to making our documents accessible in accordance with the WCAG 2.1 Standard. We are always looking to
    improve the accessibility of our documents. If you find any problems or you think we are not meeting accessibility
    requirements, contact us at [email protected] with the subject heading: Digital accessibility. If you need this
    document in a different format, contact us and supply your name, email address and requirements and we will respond within
    15 working days.

    © Cambridge University Press & Assessment 2024 0455/0987_MW_OTG_Marking guidance 2

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