Practice Questions: Economic VCE Units 3 & 4


Insight’s Practice Questions for Economics help students revise and consolidate the knowledge and skills necessary for success in Units 3 and 4. They are taken from Insight’s long-running and trusted series of Trial Exams, the Practice Questions also provide excellent revision material to help students prepare for their final exams.

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TopicNumber of questions
Multiple ChoiceShort Answer
Unit 3 AoS 1: An introduction to microeconomics: the market system, resource allocation and government intervention114
Unit 3 AoS 2: Domestic macroeconomic goals154
Unit 3 AoS 3: Australia and the world economy114
Unit 4 AoS 1: Aggregate demand policies and domestic economic stability66
Unit 4 AoS 2: Aggregate supply policies11