Economics

Assessment

Paper 1 Markets and Business Behaviour Paper 1 will assess microeconomics and questions will be drawn from Themes 1 and 3. The paper comprises three sections. Students answer all questions from Section A and Section B, and one from Section C. Section A comprises a range of multiple choice and short-answer questions. Section B comprises one data response question broken down into a number of parts. Section C comprises a choice of extended open-response questions; students select one from a choice of two. 2 hours 35% Paper 2 The National and global economy Paper 2 will assess macroeconomics and questions will be drawn from Themes 2 and 4. The paper comprises three sections. Students answer all questions from Section A and Section B, and one from Section C. Section A comprises a range of multiple choice and short-answer questions. Section B comprises one data response question broken down into a number of parts. Section C comprises a choice of extended open-response questions; students select one from a choice of two. 2 hours 35% Paper 3 Microeconomics and Macroeconomics Paper 3 will assess content across all four themes. Students are required to apply their knowledge and understanding, make connections and transfer higher order skills across all four themes. The paper comprises two sections. Each section comprises one data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two. 2 hours 30%