Grade_12_Economics_Term 1_Syllabus_and_Paper_Pattern

Grade_12_Economics_Term 1_Syllabus_and_Paper_Pattern

Dear Parents and Students,

The following is the syllabus for Term 1 exam:

Section 2: Macroeconomics
2.1 The level of overall economic activity
2.2 Aggregate demand and aggregate supply
2.3 Macroeconomic objectives
2.4 Fiscal policy
2.5 Monetary policy
2.6 Supply-side policies

Section 4: Development Economics

4.1 Economic development
4.2 Measuring development
4.3 The role of domestic factors
4.4 The role of international trade
4.5 The role of foreign direct investment (FDI)
4.6 The roles of foreign aid and multilateral development assistance
4.7 The role of international debt
4.8 The balance between markets and intervention

And the following is the paper pattern for the exam:

Paper components SL & HL 

Paper 1 (SL & HL):  Macro Economics is covered in both Section A and Section B

Duration: 1 hour 30 minutes

Total Marks: 50 (Section A – 25 marks; Section B – 25 marks)


Paper 2 (SL & HL): Development Economics is covered in both section A and B

Duration: 1 hour 30 minutes

Total Marks: 40 (Section A – 20 marks; Section B – 20 marks)


Paper 3 (HL only): Macro Economics and Development Economics

Duration: 1 hour

Total Marks: 50 marks



Anbu Packiaraj

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