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A Level Economics Macro Issues Questions

Every A Level H2 Economics exam question on macro issues from the last ten years, linked to the worked answers, with the model essays on the same topic. Economic growth, unemployment and inflation.

This question bank is curated by Mr Eugene Toh, author of the H1 and H2 A Level Economics TYS answer keys, published by SAP and sold at Popular.

Past year exam questionsMacro Issues in the A Level papers

Past exam2023 Paper 1 case study30 marks

The case study examines the economic impact of an ageing population, including the old age dependency ratio, the effect of population decline on...

The case study question is cited only. See the worked answer for the full breakdown.

Singapore ApplicationIntroduction to MacroeconomicsMacro IssuesMacro Policies

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Past exam2023 Paper 2 essay25 marks

Explain how a production possibility curve can be used to show the concepts of underutilisation of economic resources and opportunity cost. [10]

FoundationsMacro IssuesIntroduction to Macroeconomics

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Past exam2023 Paper 2 essay25 marks

Explain how an appreciation of the exchange rate might affect aggregate demand and aggregate supply in an economy. [10]

Macro PoliciesIntroduction to MacroeconomicsSingapore ApplicationMacro Issues

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Past exam2023 Paper 2 essay25 marks

Explain why expansionary fiscal policy designed to achieve economic growth or lower unemployment may lead to undesirable consequences. [10]

Macro PoliciesMacro IssuesIntroduction to Macroeconomics

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Past exam2022 Paper 1 case study30 marks

The case study examines the economic problems caused by the Australian drought and the COVID-19 pandemic, drawing on it to test demand and supply...

The case study question is cited only. See the worked answer for the full breakdown.

Demand and SupplyMacro PoliciesMacro IssuesSingapore Application

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Past exam2022 Paper 1 case study30 marks

The case study looks at innovation as a key to prosperity in an age of new technologies, drawing on the electric car transition, R&D and market...

The case study question is cited only. See the worked answer for the full breakdown.

Macro IssuesFirms and Market StructuresFoundationsIntroduction to MacroeconomicsMarket FailureTrade and Globalisation

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Past exam2022 Paper 2 essay25 marks

Explain how a fall in investment might lead to one type of unemployment while a rise in innovation-based investment might lead to a different type of...

Macro IssuesIntroduction to MacroeconomicsMacro Policies

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Past exam2020 Paper 2 essay25 marks

Explain one possible demand-side cause and one possible supply-side cause of price deflation for an economy such as that of Singapore or Japan.

Introduction to MacroeconomicsMacro Issues

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Past exam2019 Paper 2 essay25 marks

Explain a possible demand side reason and a possible supply side reason for a rise in the rate of inflation. [10]

Macro IssuesIntroduction to MacroeconomicsSingapore ApplicationMacro Policies

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Past exam2019 Paper 2 essay25 marks

Explain what is meant by inclusive growth and sustainable growth. [10]

Singapore ApplicationMacro IssuesMacro Policies

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Past exam2017 Paper 1 case study30 marks

The case study examines China's economy, drawing on it to test how interest rates affect aggregate demand, the trend in inflation, growth spillovers...

The case study question is cited only. See the worked answer for the full breakdown.

Macro PoliciesIntroduction to MacroeconomicsMacro IssuesTrade and Globalisation

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Past exam2017 Paper 2 essay25 marks

High rates of unemployment remain a major issue in many economies of the world. An understanding of various causes of unemployment is needed in order...

Macro IssuesMacro Policies

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Past exam2017 Paper 2 essay25 marks

Explain the link between the standard of living, the cost of living and the macroeconomic performance of a country.

Macro Indicators and Standard of LivingMacro IssuesMacro Policies

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Past exam2017 Paper 2 essay25 marks

Explain the internal and external factors that are likely to have contributed to this slowdown in the economic growth rate.

Introduction to MacroeconomicsMacro IssuesMacro Policies

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Past exam2016 Paper 1 case study30 marks

The case study contrasts inflation in Brazil and Japan, drawing on it to test the incidence of a sales tax, the causes of inflation through aggregate...

The case study question is cited only. See the worked answer for the full breakdown.

Macro IssuesDemand and SupplyElasticitiesIntroduction to MacroeconomicsMacro Policies

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Model essaysWorked essays on macro issues

Model essayH2 Economicspart (a) [10]

Describe the factors that can lead to stagflation and explain its negative impact on an economy.

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Model essayH2 Economicspart (a) [10]

Explain how weak external demand and rapid AI adoption could contribute to a rise in Singapore's unemployment rate.

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Model essayH2 Economicspart (b) [15]

Discuss whether managing conflicting economic objectives is the key consideration for governments when dealing with stagflation.

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Model essayH2 Economicspart (a) [10]

Explain one demand-side and one supply-side factor that could result in a rise in inflation in Singapore.

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Model essayH2 Economicspart (b) [15]

Assess the most appropriate policy options China could implement to tackle youth unemployment.

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Model essayH2 Economicspart (a) [10]

Explain why governments might view high unemployment as a serious concern.

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Model essayH2 Economicspart (a) [10]

Explain how economic growth can lead to trade-offs with income inequality and environmental sustainability.

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Model essayH2 Economicspart (a) [10]

Explain the potential effects of stagflation on both Singapore's domestic economy and its external sector.

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Model essayH2 Economicspart (a) [10]

Explain the various types of unemployment triggered by the COVID-19 crisis.

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Model essayH2 Economicspart (a) [10]

Explain the key economic problems arising from low economic growth, unequal income distribution, and reduced trade activity.

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Model essayH2 Economicspart (a) [10]

Explain the main factors behind long-term, sustainable economic growth in a country.

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Model essayH2 Economicspart (a) [10]

Explain how deflation might affect households and firms.

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Model essayH2 Economicspart (a) [10]

Explain how the above factors may result in an increase in the unemployment rate in Singapore.

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Model essayH2 Economicspart (a) [10]

Explain how Singapore's focus on infrastructure and workforce development supports economic growth.

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Model essayH2 Economicspart (b) [15]

Evaluate which type of unemployment is likely to present the most significant challenge to Singapore's labour market in the coming years.

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Model essayH2 Economicspart (a) [10]

Explain a possible demand-side reason and a possible supply-side reason for the rise in the rate of inflation in Singapore.

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Model essayH2 Economicspart (a) [10]

Explain two economic reasons why governments are concerned with high unemployment.

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Practice with guidance

Attempt them, then check against the model.

The worked answers to the past year questions are in the TYS Answers hub, and each model essay shows how a top answer is built. Every ETG student also gets the AI coach that plans every essay and case study with you. Bring your hardest question to a trial lesson.

Master the theory

Work the questions alongside the notes that teach the tools: Macro Issues notes, the Macro Issues model essays, and the full notes and glossary.

Questions students ask

Are these the official A Level Economics answers for the macro issues questions?

No. SEAB sets and marks the A Level papers. The past year questions are cited so you can find them, and the worked answers and model essays are Mr Eugene Toh's own, author of the H1 and H2 A Level Economics TYS answer keys published by SAP and sold at Popular.

Where are the answers to these questions?

Each past year question links to its worked answer in the TYS Answers hub, and each model essay links to a full worked essay. Every ETG student also gets the AI coach that plans every essay and case study of the last ten years.

Can I get A Level Economics questions sorted by topic?

Yes. This page collects the exam questions and model essays on macro issues in one place. Use the other topic pages in the question bank for the rest of the syllabus.

Free resources

Get the printable Summary and Diagrams pack.

The notes are free to read because the concepts should be. Join the mailing list for the 112 page Summary and Diagrams pack, drawn the way ETG teaches them, plus new chapters and worked answers as we publish. You can also follow along on Telegram.

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