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ATARMAxxing · Economics

SACE Economics Practice Exams with Worked Solutions

20 full-length papers · worked solutions for every question

The 20 practice exams inside the SACE Economics Mastery Pack, each set out like the real paper with a separate worked-solution guide. Open any paper to see what it covers.

  1. Practice Exam 180 marks · 5 questions · 2 sections
    • Supply shock and PES in a primary market
    • Price floor v producer subsidy
    • Oligopoly market power and DWL
    • GDP measurement and business cycle
    • Inflation, currency and supply-side policy
  2. Practice Exam 280 marks · 5 questions · 2 sections
    • Demand and supply shifts from graph data
    • Negative production externality and tax
    • Duopoly collusion and Nash equilibrium
    • Circular flow and multiplier from public investment
    • Monetary policy, exchange rate and net exports
  3. Practice Exam 380 marks · 4 questions · 2 sections
    • Market structure and weather shocks in linked markets
    • PED and total revenue
    • Consumption externality and DWL
    • AD-AS long-run adjustment
    • Fiscal consolidation and exchange-rate appreciation
  4. Practice Exam 480 marks · 5 questions · 2 sections
    • Price ceiling on rental housing
    • Asymmetric information in used cars
    • Monopolistic competition in cafés
    • NAIRU and labour-market data
    • Fiscal stimulus in a downturn
  5. Practice Exam 580 marks · 5 questions · 2 sections
    • Subsidy for public transport
    • Positive consumption externality
    • Game theory in airline pricing
    • Leading indicators and cycle phase
    • AD-AS with a supply shock
  6. Practice Exam 680 marks · 4 questions · 2 sections
    • Elasticity and ticket pricing
    • Market power in streaming services
    • Deadweight loss from a quota-like cap
    • Inflation targeting rationale
    • Monetary policy and the exchange rate
  7. Practice Exam 780 marks · 5 questions · 2 sections
    • Indirect tax on sugary drinks
    • Mean v median consumption data
    • Oligopoly assessment for consumers
    • Circular flow leakages
    • Supply-side productivity reform
  8. Practice Exam 880 marks · 5 questions · 2 sections
    • Linked markets for lithium and batteries
    • PES in mining
    • Duopoly collusion detection
    • Terms of trade and exchange rate
    • Commodity boom and inflation
  9. Practice Exam 980 marks · 4 questions · 2 sections
    • Public goods and free riding
    • Price floor for agricultural output
    • Perfect competition benchmark
    • Growth v environmental sustainability
    • Fiscal policy with automatic effects on the budget
  10. Practice Exam 1080 marks · 5 questions · 2 sections
    • Health-care market failure
    • Moral hazard in insurance
    • Subsidy for vaccinations
    • Unemployment and participation trends
    • Monetary-fiscal conflict
  11. Practice Exam 1180 marks · 5 questions · 2 sections
    • Salary caps and sport labour markets
    • Ticket price ceilings and scalping
    • Broadcast-rights oligopoly
    • Hosting a major event: multiplier
    • Short-run v long-run AD-AS
  12. Practice Exam 1280 marks · 4 questions · 2 sections
    • Negative production externality in fishing
    • Regulation v tax
    • Market structure of fish retailing
    • Cost-push inflation from fuel prices
    • Depreciation and net exports
  13. Practice Exam 1380 marks · 5 questions · 2 sections
    • Elastic v inelastic demand for fuel
    • Tax incidence and revenue
    • Monopoly in water supply
    • Business cycle downturn signals
    • Expansionary monetary policy lags
  14. Practice Exam 1480 marks · 5 questions · 2 sections
    • Supply shock from drought
    • Related markets: feed and meat
    • Duopoly supermarket pricing game
    • GDP growth decomposition by sector
    • Fiscal policy and crowding of priorities
  15. Practice Exam 1580 marks · 4 questions · 2 sections
    • Adverse selection in online marketplaces
    • Advertising as an intervention
    • Monopolistic competition innovation
    • Inequality and poverty data
    • Redistribution and growth
  16. Practice Exam 1680 marks · 5 questions · 2 sections
    • Price floor minimum wage-style labour market
    • PED for tourism services
    • Game theory in hotel pricing
    • Exchange rate and tourism exports
    • AD-AS effects of a tourism boom
  17. Practice Exam 1780 marks · 5 questions · 2 sections
    • Positive production externality from research
    • Subsidy for innovation
    • Barriers to entry in pharmaceuticals
    • Supply-side policy for productivity
    • LRAS growth
  18. Practice Exam 1880 marks · 4 questions · 2 sections
    • Linked markets for cocoa-style inputs
    • Consumer surplus changes
    • Collusion and regulation
    • Inflation and living standards
    • Interest rates and consumption channels
  19. Practice Exam 1980 marks · 5 questions · 2 sections
    • Carbon-style emissions tax
    • MSC v MPC diagram
    • Electricity generator oligopoly
    • Stagflation in AD-AS
    • Policy mix evaluation
  20. Practice Exam 2080 marks · 5 questions · 2 sections
    • Rent control and housing supply
    • PES of housing
    • Real estate agent asymmetric information
    • Circular flow and investment injection
    • Exchange-rate effects on policy settings
Included in the SACE Economics Mastery Pack

20 full-length practice exams with worked solutions, 20 revision notes, 64 practice questions and 200 flashcards.

Unlock Economics — $20

Preview a sample note and question free on the SACE Economics hub →

Economics · 20 practice exams