Economics Paper 1 - Practice Exam 2024

Full Economics Paper 1 practice exam with 15 multiple choice questions on micro and macroeconomic theory, a data response section using South African economic indicators (GDP growth, inflation, unemployment, repo rate and exchange rates 2019-2023), structured questions on monopoly vs perfect competition and business cycles, and an essay option on South Africa's structural economic challenges or trade and globalisation. 150 marks, 2 hours.