These two quizzes are part of my preparation for GCE AS exams in economics. Topics covered in these quizzes are those in unit AS 1 on the topic of Markets and Market Failure, including:

  • key economic concepts
  • the basic economic problem
  • demand and supply
  • markets and equilibrium
  • elasticity

The second quiz deals focuses on “Demand and Supply” and “Elasticity” but the questions are set to test for a deeper level of understanding compared to the first quiz.

All questions are based on CCEA’s Exemplar Scheme of Work for GCE Economics.

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