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CAIE IGCSE Economics 3.3.1 Factors affecting an individual’s choice of occupation

Compare the financial and non-financial rewards of alternative jobs, then relate qualifications, career prospects, risk, travel and living costs to the worker's final choice.

Syllabus
2027–2029
Course
Economics 0455

Exam points

  • Compare wage rates after allowing for living costs when a worker chooses between locations.
  • Explain how conditions, hours, security, benefits or promotion prospects affect job choice.
  • Link required qualifications, training time or occupational risk to willingness to enter a job.

3.3.1—Factors affecting an individual’s choice of occupation question 1

[Maximum number: 6]

Sweden has a mixed economic system. In 2018, it was operating at a point inside its production possibility curve (PPC). In 2018, the country's schools employed nearly 2500 extra teachers. A few of these had previously been actors. A higher number had previously been government officials involved with regulation of Swedish monopolies.

Analyse why an actor may decide to become a teacher.

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