This is the Grade 12 Economics Paper 2 written in the November 2023 exams (Term 4), set by the national DBE (NSC) exams. The paper counts 150 marks and learners had 2 hours to finish it. It has 6 questions covering microeconomics, contemporary economic issues 40 marks – 30 minutes, microeconomics and contemporary economic issues, contemporary economic issues and 30 marks – 20 minutes. Below you can download the question paper (Afrikaans), question paper (English), memo (Afrikaans) and memo (English) as free PDFs, then mark your answers with the memo.
Download the Term 4 November 2023 Paper 2 PDFs
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Economics Grade 12 Term 4 November 2023 Paper 2 Question Paper (Afrikaans)
Download the economics grade 12 nov 2023 p2 question paper PDF in Afrikaans, set nationally by the DBE (NSC). A real November exam paper to practise with before your own tests.
Question PaperPaper 2November examTerm 4National (DBE)Afrikaans
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Economics Grade 12 Term 4 November 2023 Paper 2 Question Paper (English)
Grade 12 Economics question paper, Paper 2 Nov 2023 (Term 4) set nationally by the DBE (NSC). Download the PDF in English and practise under exam conditions, then use the matching memo.
Question PaperPaper 2November examTerm 4National (DBE)English
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Economics Grade 12 Term 4 November 2023 Paper 2 Memo (Afrikaans)
Official memorandum (marking guideline) for Grade 12 Economics Paper 2 Nov 2023, Term 4 set nationally by the DBE (NSC). Free PDF download in Afrikaans to check your work after writing the paper.
MemoPaper 2November examTerm 4National (DBE)Afrikaans
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Economics Grade 12 Term 4 November 2023 Paper 2 Memo (English)
Official memorandum (marking guideline) for Grade 12 Economics Paper 2 Nov 2023, Term 4 set nationally by the DBE (NSC). Free PDF download in English to check your work after writing the paper.
MemoPaper 2November examTerm 4National (DBE)English
What is in this paper
6 questions, 150 marks in total. Marks per question are taken from the paper itself.
- Q1 30 Marks – 20 Minutes 1.1 Various options are provided as possible answers to the following questions. 14 marks
- Q2 Microeconomics 2.1 Answer the following questions. 40 marks
- Q3 Contemporary Economic Issues 40 Marks – 30 Minutes 3.1 Answer the following questions. 40 marks
- Q4 Microeconomics And Contemporary Economic Issues 4.1 Answer the following questions. 40 marks
- Q5 Microeconomics Compare and contrast the market structures of monopolistic competition with 40 marks
- Q6 Contemporary Economic Issues Examine in detail the effects of tourism. 40 marks
Marks per topic
- Microeconomics80 marks
- Contemporary Economic Issues 40 Marks – 30 Minutes40 marks
- Microeconomics And Contemporary Economic Issues40 marks
- Contemporary Economic Issues40 marks
- 30 Marks – 20 Minutes14 marks
Instructions to candidates
- Answer FOUR questions as follows in the ANSWER BOOK: SECTION A: COMPULSORY SECTION B: Answer TWO of the three questions. SECTION C: Answer ONE of the two questions.
- Answer only the required number of questions. Answers in excess of the required number will NOT be marked.
- Number the answers correctly according to the numbering system used in this
- Write the question number above each answer.
- Read the questions carefully.
- Start EACH question on a NEW page.
- Leave 2–3 lines between subsections of questions.
- Answer the questions in full sentences and ensure that the format, content and context of your responses comply with the cognitive requirements of the
- Use only black or blue ink.
- You may use a non-programmable pocket calculator.
- Write neatly and leg
More Economics Grade 12 papers
Same exam, other years
- Economics Grade 12 Term 4 November 2025 Paper 2
- Economics Grade 12 Term 4 November 2024 Paper 2
- Economics Grade 12 Term 4 November 2022 Paper 2
- Economics Grade 12 Term 4 November 2021 Paper 2
- Economics Grade 12 Term 4 November 2020 Paper 2
- Economics Grade 12 Term 4 November 2019 Paper 2
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Other 2023 papers
- Economics Grade 12 Term 4 November 2023 Paper 1
- Economics Grade 12 Term 3 September Trial 2023 Paper 1
- Economics Grade 12 Term 3 September Trial 2023 Paper 2
- Economics Grade 12 Term 2 May/June 2023 Paper 1
- Economics Grade 12 Term 2 June 2023 Paper 1
- Economics Grade 12 Term 2 May/June 2023 Paper 2
- Economics Grade 12 Term 2 June 2023 Paper 2
Questions about this paper
How many marks is the Economics Grade 12 Term 4 November 2023 Paper 2?
The paper is out of 150 marks and you get 2 hours to write it.
Is there a memo for the Economics Grade 12 Term 4 November 2023 Paper 2?
Yes. The marking memo is on this page as a free PDF download, next to the question paper.
Which topics carry the most marks in this paper?
Microeconomics (80 marks), contemporary economic issues 40 marks – 30 minutes (40 marks) and microeconomics and contemporary economic issues (40 marks).