VCE Economics Past Exam Questions
Browse VCE Economics exam questions from 2015–2025, including VCE papers. Filter by topic, year and paper; open the original source.
Matching results: 404 indexed questions and parts.
Section B, Question 3(b)Question part (b)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 62.5% of available · official reportFull marks: 30% of students · official report
b. With reference to an example, select one of the following aspects of the Australian Government’s budgetary policy and explain how this aspect might influence aggregate supply an
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection B, Question 3(c)Question part (c)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 65% of available · official reportFull marks: 27% of students · official report
c. Consider the following information. In the year ending 30 June 2021, overseas migration contributed a net loss of 89 000 to Australia’s population … The last time Australia saw
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection B, Question 3(d)Question part (d)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 62.5% of available · official reportFull marks: 30% of students · official report
d. Explain how trade liberalisation is likely to affect Australia’s inflation rate and living standards. 4 marks Inflation rate Living standards 2022 ECONOMICS EXAM 20 d o n o t w
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection B, Question 4
Source index checked · not an answer check
Working not previously checked
Estimated difficulty · Medium
Question 4 (14 marks) • The World Health Organization (WHO) [recommends] that ‘free sugars1’ should account for less than 10% of total energy intake (approx. 50 grams/12 teaspoons)
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics examSection B, Question 4(a)Question part (a)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 65% of available · official reportFull marks: 42% of students · official report
a. Outline the potential opportunity cost of consuming sugar for an individual. 2 marks 21 2022 ECONOMICS EXAM d o n o t w r i t e i n t h i s a r e a TURN OVER
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection B, Question 4(b)Question part (b)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 46.7% of available · official reportFull marks: 18% of students · official report
b. With reference to the information provided on page 20, explain one reason why the excess consumption of sugar may cause market failure. 3 marks 2022 ECONOMICS EXAM 22 d o n o t
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection B, Question 4(c)Question part (c)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 56.7% of available · official reportFull marks: 14% of students · official report
c. Using a fully labelled demand and supply diagram, illustrate and analyse how one form of government intervention might lead to a change in relative prices and the allocation of
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection B, Question 4(d)Question part (d)
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · MediumAverage marks: 46.7% of available · official reportFull marks: 25% of students · official report
d. Explain how government intervention might unintentionally lead to a decrease in the efficiency of resource allocation. You may refer to any market in your response. 3 marks 2022
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2022 Economics exam · Report: 2022 Economics exam reportSection A, Question 1
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · EasyAverage marks: 73% of available · official reportAnswered correctly: 73% · official report
Question 1 Two indicators of an expansionary budgetary policy are A. lower tax rates and increased government spending. B. higher tax rates and decreased government spending. C. lo
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2021 Economics exam · Report: 2021 Economics exam reportSection A, Question 2
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · EasyAverage marks: 93% of available · official reportAnswered correctly: 93% · official report
Question 2 Which of the following would most likely be the effect on the fruit market of a shortage of fruit pickers during a harvesting period? A. a decrease in supply to the mark
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2021 Economics exam · Report: 2021 Economics exam reportSection A, Question 3
Source index checked · not an answer check
Working not previously checked
Report-based difficulty · EasyAverage marks: 84% of available · official reportAnswered correctly: 84% · official report
Question 3 Which one of the following is not likely to contribute to a rise in house prices? A. lowering of interest rates B. easing restrictions on lending C. government spending
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2021 Economics exam · Report: 2021 Economics exam reportSection A, Question 3(d)Question part (d)
Source index checked · not an answer check
Working not previously checked
Estimated difficulty · Easy
3 2021 ECONOMICS EXAM TURN OVER d o n o t w r i t e i n t h i s a r e a
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2021 Economics examHow to use ClassConnect past exam questions
- Choose a target. Filter by subject, topic, year, sitting or paper.
- Attempt it first. Work under exam conditions before opening the original question.
- Review and repeat. Compare with the official source and examiner report where available; note what to practise next.
Browse without signing in. Topic matches are approximate, not official VCAA tags. Source indexing and difficulty labels do not verify a worked solution. Check current course requirements with your teacher; classconnect is not endorsed by VCAA.
Make practice count
Create a free accountSave your next step
Sign in to save worked questions to My Library. Plus members can build topic-based exam worksheets with separate answer sheets.