VCE Economics

2026 exam predictions

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Sample original practice question

Try a VCE Economics question

Which of the following is a topic studied in macroeconomics?

  • Why a bakery lowered the price of its pies
  • How one household chooses between two phone plans
  • How the price of tickets to one concert is set
  • How a rise in interest rates affects national unemployment
Show the worked answer

Answer: D

Macroeconomics studies economy-wide outcomes. The effect of interest rates on national unemployment is an aggregate issue, whereas a bakery's price, one household's phone plan and one concert's tickets involve individual agents and single markets, which are microeconomics.

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