ATARMAxxing
SACE EconomicsPractice Examination 1
| Reading time | 15 minutes |
| Writing time | 2 hours |
| Total marks | 80 |
| Questions | 5 |
| Structure | Section 1 — 3 Q, 38 marks · Section 2 — 2 Q, 42 marks |
This paper covers
- 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
Students are permitted to bring into the examination the materials normally allowed for this subject. Answer all questions in the spaces provided.
This is an ATARMAxxing practice paper. It is not an official examination and is not affiliated with, endorsed by, or produced by the VCAA, NESA or the QCAA.
Included in the SACE Economics Mastery Pack
20 full-length practice exams with worked solutions, 20 revision notes, 64 practice questions and 200 flashcards.
Preview a sample note and question free on the SACE Economics hub →