It covers the three external Achievement Standards: Economics 3.1 Demonstrate understanding of the efficiency of market equilibrium Economics 3.2 Demonstrate understanding of the efficiency of different market structures using marginal analysis Economics 3.5 Demonstrate understanding of macro-economic influences on the New Zealand economy This workbook has very brief exam revision notes for end-of-year study, with examples and NCEA exam questions from 2020 and earlier years. Full answers with explanations and A, M and E grades are given. Use this workbook all year round or during Terms 3 and 4 to revise and practise exam questions.
