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 A, Question 5
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Estimated difficulty · Easy
Question 5 The opportunity cost of diverting increased federal budget outlays to the funding of tertiary institutions from one fiscal year to the next would be measured by A. the d
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2015 Economics examSection A, Question 6
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Estimated difficulty · Easy
Question 6 What is the most likely effect of a decrease in the tariff on an imported product? A. a loss of jobs for overseas suppliers B. a fall in the price of the domestic produc
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Estimated difficulty · Easy
Question 7 Which one of the following would be an example of a structurally unemployed person? A. a ski instructor who is looking for alternative employment during summer B. an acc
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Estimated difficulty · Easy
Question 8 An expansion in the quantity supplied would be shown graphically as a A. movement up the supply curve. B. shift to the left of the supply curve. C. shift to the right of
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2015 Economics examSection A, Question 9
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Estimated difficulty · Easy
Question 9 The average material living standards of Australian households may decline if A. the average annual household disposable income rises at a faster rate than Consumer Pric
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Estimated difficulty · Easy
Question 10 Consider the following data for a hypothetical economy with similar macroeconomic goals to those of Australia. Annual percentage change in Real GDP GNE CPI inflation Of
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Estimated difficulty · Easy
Question 11 If the market price of bananas suddenly increases due to poor weather conditions in Queensland, the impact on the market for banana cakes is most likely to be A. reduce
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Estimated difficulty · Easy
Question 12 Consider the following data that relates to the Australian economy. Unemployment rate (%) per annum Real GDP Year 1 5 3 Year 2 6 1.75 Based on this data, it is most lik
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2015 Economics examSection A, Question 13
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Estimated difficulty · Easy
Question 13 The operator of a tourist resort on Australia’s Gold Coast was quoted as saying that ‘a weaker Australian dollar will be good for business’. This is most likely because
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Estimated difficulty · Easy
Question 14 Each of the following consists of a change in economic policy and an economic outcome. In which case is the change in policy most likely to produce the outcome in the s
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2015 Economics examSection A, Question 15
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Estimated difficulty · Medium
Question 15 The distribution of income is likely to become more equitable in the Australian economy if the government were to A. move from a progressive to a proportional income ta
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2015 Economics examSection B, Question 1(a)Question part (a)
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Report-based difficulty · MediumAverage marks: 57.5% of available · official reportFull marks: 16% of students · official report
a. Explain why balanced and steady growth in both aggregate demand and aggregate supply is important in pursuing the achievement of one of the following economic goals: • low infla
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2015 Economics exam · Report: 2015 Economics exam reportHow to use ClassConnect past exam questions
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