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Economics

Stage 6 · HSC questions by topic

About this subject

Economics

Atlas organises human-reviewed questions against the NSW Stage 6 Economicssyllabus. Every published question retains its exam source and page.

Syllabus: NESA Stage 6 (2009)
Explore the NESA Stage 6 (2009) syllabus topics

The Global Economy

  • Globalisation and trade

Australia’s Place in the Global Economy

  • Trade and finance

Economic Issues

  • Growth, employment and inflation

Economic Policies and Management

  • Macroeconomic and microeconomic policies
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11 questions found

List
2025HSC
Q12

Which of the following policy options could use market forces to reduce negative environmental outcomes?
A. Implementing an emissions trading scheme
B. Introducing a new tax on electric and hybrid cars
C. Ceasing the operation of coal-fired power stations
D. Imposing fines for harmful emissions from households

1 mark
Multiple choice
2025HSC
Q14

The table shows selected data for a hypothetical economy.

YearHeadline inflation (%)Underlying inflation (%)
14.53.8
2
5
3.4

Which row in the table shows the most likely reasons for changes in inflation rates from Year 1 to Year 2?

1 mark
Multiple choice
2025HSC
Q20

The graph shows market failure as a negative externality of production.
What is the per unit tax required to correct the market failure shown on the graph?
A. P0 − P1
B. P2 − P1
C. P2 − P3
D. P1 − P3

1 mark
Multiple choice
2025HSC
Q21 (b)

Explain the limitations of using income as a single measure of quality of life.

3 marks
Short answer
2025HSC
Q21 (c)

Discuss the impact of world economic development on environmental sustainability.

5 marks
Short answer
2025HSC
Q23 (a)

Outline why ONE specific group may experience higher than average unemployment in Australia.

2 marks
Short answer
2025HSC
Q23 (b)

Use the information to answer parts (b)−(d).
The following information refers to a hypothetical economy which has a Non-Accelerating Inflation Rate of Unemployment (NAIRU) of 5%.

YearParticipation rateUnemployment rate
Year 166%4.5%
Year 262%5.9%

Outline ONE factor that may have changed the participation rate in this economy.

2 marks
Short answer
2025HSC
Q23 (c)

Use the information to answer parts (b)−(d).
The following information refers to a hypothetical economy which has a Non-Accelerating Inflation Rate of Unemployment (NAIRU) of 5%.

YearParticipation rateUnemployment rate
Year 166%4.5%
Year 262%5.9%

Using the information provided on the previous page, outline a possible cause of the increase in unemployment present in the economy in Year 2.

2 marks
Short answer
2025HSC
Q23 (d)

Use the information to answer parts (b)−(d).
The following information refers to a hypothetical economy which has a Non-Accelerating Inflation Rate of Unemployment (NAIRU) of 5%.

YearParticipation rateUnemployment rate
Year 166%4.5%
Year 262%5.9%

Explain how TWO policy options could be implemented to reduce the NAIRU of this economy.

4 marks
Short answer
2025HSC
Q24 (c)

Explain the impacts of a decrease in the cash rate on an economy.

5 marks
Short answer
2025HSC
Q27

Analyse the conflicts for government that may arise in pursuing Australia’s economic objectives. In your response, refer to THREE separate objectives.

20 marks
Extended response