Free economics test
Free VCE Economics practice test
26 questions across Units 3 and 4, 39 minutes. Then your weakest topic, a lesson on the skill you missed most and a plan.
- Four-option multiple choice like Section A, on the core ideas and a calculation or two. Every figure is invented.
The examination
| Time | 15 minutes reading, 2 hours writing |
|---|---|
| Section A | 15 multiple-choice questions, 15 marks |
| Section B | Short-answer and extended-answer questions, 65 marks |
| Weight | 50% of the study score |
The course's five areas of study:
| Area of study | Topics |
|---|---|
| Unit 3, Area of Study 1: The market system, resource allocation and government intervention | Scarcity and efficiency, Demand and supply, Elasticity, Market failure |
| Unit 3, Area of Study 2: Domestic macroeconomic goals | AD and AS, Growth and employment, Inflation |
| Unit 3, Area of Study 3: Australia and the international economy | Balance of payments, Exchange rate |
| Unit 4, Area of Study 1: Aggregate demand policies and domestic economic stability | Monetary policy, Budgetary policy |
| Unit 4, Area of Study 2: Aggregate supply policies | Aggregate supply policies |
Want the full length?
Sit timed paper 1, 80 marks: 15 minutes of reading, then 120 minutes of writing on one clock, free with an account. Our timed papers are our own practice, modelled on the examination specifications; every question and figure in them is invented.
Sit timed paper 1Teaching VCE Economics?
The course follows the VCE Economics Study Design (accredited from 2023), Units 3 and 4. Independent preparation for VCE Economics Units 3 and 4. Not affiliated with or endorsed by the Victorian Curriculum and Assessment Authority (VCAA).