Money and Markets

Would you pass matric economics? Take a look at this year’s exam paper

Business Insider SA
Photo: Lise Beyers
  • For financial types, testing themselves on this year’s matric national certificate economics paper may be an interesting challenge.
  • There were a couple of tough questions.
  • Matriculants were also asked to evaluate the success of Broad-Based Black Economic Empowerment.
  • For more articles, go to www.BusinessInsider.co.za.

More than a million matriculants – in South Africa’s largest public exam ever – started writing national certificate exams earlier this month.

One paper that may be of particular interest to Business Insider readers is the economics exam, which we received courtesy of the Western Cape education department.

Questions ranged from fairly obvious – choosing which country (from Japan, China, England and Italy) is part of BRICS, for example – to downright hard (“What is the purpose of the residual item when the expenditure method is used to calculate national income?”)

Learners also had to substantiate whether they think Broad-Based Black Economic Empowerment (BBBEE) was a success in South Africa.

You can test your economics knowledge by looking at the exam paper below:

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