VCE EconomicsPractice Examination 11

This paper covers

• Microeconomics: markets, elasticity, efficiency and market failure (U3 AOS1)
• Macro goals and the AD/AS framework, with the AUD depreciation episode threaded through the international economy and competitiveness (U3 AOS2-3)
• Aggregate demand and aggregate supply policies — budgetary, monetary, and supply-side evaluation (U4 AOS1-2)

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.