Free Year 12 VCE Economics practice exams
9 free practice exams in the style of the real VCE test, each about 29 questions in 120 minutes, plus 15 minutes reading time, in 2 sections.
954 free practice exams.
Practise Year 12 Economics now
The practice exams
- VCE Economics (Units 3 and 4) · Practice exam 1 (29 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 2 (29 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 3 (29 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 4 (31 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 5 (31 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 6 (31 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 7 (31 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 8 (28 questions, 120 minutes)
- VCE Economics (Units 3 and 4) · Practice exam 9 (25 questions, 120 minutes)
Try a question
Which product is most likely to have a perfectly inelastic supply in the short run?
- Tickets to a music festival after the venue has sold out
- Freshly baked bread from local bakeries
- Rides provided by ride-share drivers
- Solar panels imported by retailers
Answer
A. Tickets to a music festival after the venue has sold out. Once all festival tickets are sold, the fixed venue capacity means quantity supplied cannot increase when price rises.
What the real test covers
The Victorian Certificate of Education is the senior secondary certificate in Victoria, run by the VCAA. Units 3 and 4 studies end with exams held in October and November.
Each practice exam: about 29 questions in 120 minutes, plus 15 minutes reading time, in 2 sections.
Kinds of question: 51% multiple choice, 49% longer written answers.
Topics in these practice exams
- Microeconomic reform (12%)
- Fiscal (budgetary) policy (10%)
- Inflation (9%)
- Unemployment and the labour market (9%)
- Aggregate demand and aggregate supply (8%)
- Economic growth and productivity (8%)
- Balance of payments and the current account (7%)
- International trade and protection (5%)
How to prepare with ExamUp
- Warm up by topic. Do 10 Economics questions at a time in Quick practice: each answer is checked straight away, with no timer and no sign-up.
- Sit one whole paper. Do a full practice exam in one go, timed like the real VCE paper, so the day itself holds no surprises.
- Fix what you missed. Your results show where the marks went, topic by topic. Practise just the questions you got wrong, with an explanation for each.
- Go again a week later. Do another paper and compare. A free account keeps every result, and a parent can follow along live.
Quick questions
- Are these Year 12 VCE Economics practice exams free?
- Yes. All 9 practice exams here are free, with no plan, trial or card. You can try a question on this page and practise by topic without an account; a free account keeps your results.
- How long is each practice exam?
- Each one is about 29 questions in 120 minutes, plus 15 minutes reading time, in 2 sections.
- Are these the real VCE papers?
- No. ExamUp is independent and is not connected with the VCAA (Victorian Curriculum and Assessment Authority). Every question is written new in the style of the real VCE papers. Links to the official past papers are on our Past papers page.
- What topics do the questions cover?
- Most often: Microeconomic reform, Fiscal (budgetary) policy, Inflation, Unemployment and the labour market, Aggregate demand and aggregate supply. That is from the questions in these practice exams.
- How are the answers marked?
- Multiple-choice and short answers are marked the moment you finish, each with an explanation. Longer written answers are marked by the ExamUp team against a marking guide.
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