Mock end-trimester: Open Economy Macroeconomics

120Minutes

60Marks

13Questions

4Sections

Two hours. Answer all questions. Calculators are allowed; no other material.

Show every line of working on the numericals. A correct number with no method scores half. Give units on every answer.

Where a question asks for a diagram, describe it fully in words: name both axes, give the slope of every curve with its reason, label the equilibrium, and then trace the shift. This is a pen and paper paper, so a diagram that is drawn but not labelled earns nothing.

Section A is objective. Section B is short notes. Section C is numerical. Section D is one long draw-and-explain question.

Before you start

The clock starts on the button below and submits the paper at zero
Flag anything to come back to; the palette shows answered, flagged and blank
Multiple choice and numeric answers are marked for you
Written answers are marked against the rubric, one tick per point
Keep a calculator and rough sheets to hand: the real paper is written by hand

Sections

Sections on this paper
Section	Questions	Marks
Section A: objective (6 questions, 2 marks each)	6	12
Section B: short notes (3 questions, 6 marks each)	3	18
Section C: numericals (3 questions, 6 marks each)	3	18
Section D: draw and explain (1 question, 12 marks)	1	12

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