Exam worksheets
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Exam worksheets

Each worksheet is one topic written as a real exam paper. Print it, answer it, then mark it with the answers.

  1. Download it and print it
  2. Answer it like the exam
  3. Mark it with the answers

Economics Unit 1

Markets in Action

Economics Unit 2

Macroeconomic Performance & Policy

Economics Unit 3

Business Behaviour

Economics Unit 4

Developments in the Global Economy

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Why does a tax on cigarettes not cut smoking by much?

Demand for cigarettes is price inelastic: they are addictive and have few close substitutes. So when the tax raises the price, the quantity bought falls by a smaller percentage than the price rises.

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