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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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12 questions found

List
2025HSC
Q4

Which component of the government budget outcome is likely to decrease during an economic downturn?
A. Interest rates
B. Indirect tax revenue
C. Unemployment benefits
D. Public sector borrowing

1 mark
Multiple choice
2025HSC
Q5

Why is public transport considered a private good?
A. It is non-excludable and is paid for from taxation.
B. It is excludable by price and is rival in consumption.
C. It is rival in consumption and is non-excludable by price.
D. It is excludable by price and is provided by the government.

1 mark
Multiple choice
2025HSC
Q6

Which of the following is the main rationale for the use of macroeconomic policy?
A. Improving productivity and efficiency
B. Increasing economic growth and aggregate supply
C. Managing stabilisation and shifts in aggregate demand
D. Achieving environmental sustainability and lower costs

1 mark
Multiple choice
2025HSC
Q9

The table shows selected data for a hypothetical economy.
Based on the information in the table, which of the following is correct?
A. There is a trade deficit.
B. There is a government surplus.
C. Injections are greater than leakages.
D. Leakages are greater than injections.

1 mark
Multiple choice
2025HSC
Q11

Which component of the federal budget is directly affected by automatic stabilisers?
A. Cyclical
B. External
C. Structural
D. Discretionary

1 mark
Multiple choice
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
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
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 (a)

Outline the purpose of monetary policy in Australia.

2 marks
Short answer
2025HSC
Q24 (c)

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

5 marks
Short answer
2025HSC
Q24 (b)

Explain how the Reserve Bank of Australia (RBA) maintains the cash rate target.

3 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