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Economics Grade 12 Term 2 June Past Papers and Memos

2016 to 202638 papers7 study files124 PDFsEnglish / Afrikaans
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This page has every Economics Grade 12 Term 2 paper we have, from 2016 to 2026: 38 question papers and 32 memos in 124 PDFs. The papers were set by the national DBE, Eastern Cape, Gauteng, KwaZulu-Natal and North West. Files are in English and Afrikaans. The newest year is first. Each paper shows the first page of questions, its marks and time, and what the questions cover. Below the papers there are 7 files of Term 2 study material.

Economics Grade 12 Term 2 papers by year

YearExamsPapersPDFs
2026June, May/June1225
2025June, May/June311
2024June, May/June412
2023June, May/June414
2022June, May/June416
2021June, May/June312
2019May/June28
2018May/June27
2017May/June26
2016May/June26
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Economics Grade 12 Term 2 2026 question papers and memos

June 2026 Paper 1 (National DBE)

Economics Grade 12 June 2026 Paper 1 (National DBE) question paper, first page of questions
Economics Grade 12 June 2026 Paper 1 (National DBE) question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail features underpinning forecasting. (26)
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail the reasons for public sector failure. (26)

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

June 2026 Paper 1 (Eastern Cape)

Economics Grade 12 June 2026 Paper 1 (Eastern Cape) question paper, first page of questions
Economics Grade 12 June 2026 Paper 1 (Eastern Cape) question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail features underpinning forecasting. (26)
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail the reasons for public sector failure. (26) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

June 2026 Paper 1 (Gauteng)

Economics Grade 12 June 2026 Paper 1 (Gauteng) question paper, first page of questions
Economics Grade 12 June 2026 Paper 1 (Gauteng) question paper

150 marks · 2 hours · 31 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Macroeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes Discuss in detail the new economic paradigm in smoothing out business cycles. (26) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the reasons for international trade. (26) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

June 2026 Paper 2 (National DBE)

Economics Grade 12 June 2026 Paper 2 (National DBE) question paper, first page of questions
Economics Grade 12 June 2026 Paper 2 (National DBE) question paper

150 marks · 2 hours · 13 pages · 6 questions

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following questions.
  2. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  3. Q3 Micro Economics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  4. Q4 Microeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  5. Q5 Micro Economics 40 Marks – 40 Minutes• Discuss in detail, with the aid of graphs, the various equilibrium positions of a firm 40 marks
  6. Q6 Micro Economics 40 Marks – 40 Minutes• Discuss in detail, without the use of graphs, the characteristics of monopoly as a 40 marks

Instructions to candidates

  1. 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.
  2. Number the answers correctly according to the numbering system used in this question paper.
  3. Write the number of the question above each answer.
  4. Read the questions carefully.
  5. Start EACH question on a NEW page.
  6. Leave 2–3 lines between subsections of questions.
  7. Answer the questions in full sentences and ensure that the format, content and context of your responses comply with the cognitive requirements of the questions.
  8. Use only black or blue ink.
  9. You may use a non-programmable pocket calculator.
  10. Write neatly and legibly.

June 2026 Paper 2 (Eastern Cape)

Economics Grade 12 June 2026 Paper 2 (Eastern Cape) question paper, first page of questions
Economics Grade 12 June 2026 Paper 2 (Eastern Cape) question paper

150 marks · 2 hours · 13 pages · 6 questions

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following questions.
  2. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  3. Q3 Micro Economics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  4. Q4 Microeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  5. Q5 Micro Economics 40 Marks – 40 Minutes• Discuss in detail, with the aid of graphs, the various equilibrium positions of a firm 40 marks
  6. Q6 Micro Economics 40 Marks – 40 Minutes• Discuss in detail, without the use of graphs, the characteristics of monopoly as a 40 marks

Instructions to candidates

  1. 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.
  2. Number the answers correctly according to the numbering system used in this question paper.
  3. Write the number of the question above each answer.
  4. Read the questions carefully.
  5. Start EACH question on a NEW page.
  6. Leave 2–3 lines between subsections of questions.
  7. Answer the questions in full sentences and ensure that the format, content and context of your responses comply with the cognitive requirements of the questions.
  8. Use only black or blue ink.
  9. You may use a non-programmable pocket calculator.
  10. Write neatly and legibly.

June 2026 Paper 2 (Gauteng)

Economics Grade 12 June 2026 Paper 2 (Gauteng) question paper, first page of questions
Economics Grade 12 June 2026 Paper 2 (Gauteng) question paper

150 marks · 2 hours · 31 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Microeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes Examine in detail the oligopoly market structure. (26) 40 marks
  5. Q6 Microeconomics 40 Marks – 40 Minutes Discuss in detail state intervention as a consequence of market failures, without 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2026 Paper 1 (National DBE)

Economics Grade 12 May/June 2026 Paper 1 (National DBE) question paper, first page of questions
Economics Grade 12 May/June 2026 Paper 1 (National DBE) question paper

150 marks · 2 hours · 5 questions

The memo for this paper is not available yet.

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail the features underpinning the forecasting (prediction) of business 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail export promotion as South Africa's international trade policy. 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2026 Paper 2 (National DBE)

Economics Grade 12 May/June 2026 Paper 2 (National DBE) question paper, first page of questions
Economics Grade 12 May/June 2026 Paper 2 (National DBE) question paper

150 marks · 2 hours · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes• With the aid of relevant graphs, discuss, in detail, state intervention as a 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes• Discuss, in detail, the environmental problems together with the international 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:
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Economics Grade 12 Term 2 2025 question papers and memos

June 2025 Paper 1

Economics Grade 12 June 2025 Paper 1 question paper, first page of questions
Economics Grade 12 June 2025 Paper 1 question paper

150 marks · 2 hours · 13 pages · 6 questions

The memo for this paper is not available yet.

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following questions.
  2. Q2 Macroeconomics 40 Marks – 30 Minute2.1 Answer the following questions. 40 marks
  3. Q3 Macroeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  4. Q4 Macro Economics4.1 Answer the following questions. 40 marks
  5. Q5 Macroeconomics 40 Marks – 40 Minutesx Discuss in detail the markets within the four-sector model. (26 marks) 40 marks
  6. Q6 Macroeconomics 40 Marks – 40 Minutesx Discuss in detail the main objectives of the public sector in the economy. (26 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2025 Paper 1

Economics Grade 12 May/June 2025 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2025 Paper 1 question paper

150 marks · 2 hours · 13 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail the reasons for public sector failure. (26) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail the arguments in favour of protectionism. (26) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2025 Paper 2

Economics Grade 12 May/June 2025 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2025 Paper 2 question paper

150 marks · 2 hours · 13 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes• Discuss in detail the short-run equilibrium positions in a perfect market with the aid of 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes• Examine in detail the benefits of tourism. (26) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2024 question papers and memos

June 2024 Paper 1

Economics Grade 12 June 2024 Paper 1 question paper, first page of questions
Economics Grade 12 June 2024 Paper 1 question paper

150 marks · 2 hours · 13 pages · 6 questions

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following questions.
  2. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  3. Q3 Macroeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  4. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  5. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail the markets within the four-sector circular flow model. 40 marks
  6. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail the reasons for international trade. (26 marks) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

June 2024 Paper 2

Economics Grade 12 June 2024 Paper 2 question paper, first page of questions
Economics Grade 12 June 2024 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Microeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics• With the aid of graphs discuss in detail the various equilibrium positions under 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes• Discuss in detail the factors that lead to the misallocation of resources in the market 40 marks

Instructions to candidates

  1. 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.
  2. Number the answers correctly according to the numbering system used in this question paper.
  3. Write the number of the question above each answer.
  4. Read the questions carefully and start each question on a NEW page.
  5. Leave 2–3 lines between subsections of questions.
  6. Answer the questions in full sentences and ensure that the format, content and context of your responses comply with the cognitive requirements of the questions.
  7. Answer only the required number of questions. Answers in excess of the required number will NOT be marked.
  8. Use only black or blue ink.
  9. You may use a non-programmable pocket calculator.
  10. Write neatly and legibly.

May/June 2024 Paper 1

Economics Grade 12 May/June 2024 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2024 Paper 1 question paper

150 marks · 2 hours · 13 pages · 5 questions

The memo for this paper is not available yet.

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes Discuss in detail the new economic paradigm in smoothing out business cycles. (26) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the various economic indicators. (26) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2024 Paper 2

Economics Grade 12 May/June 2024 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2024 Paper 2 question paper

150 marks · 2 hours · 13 pages · 5 questions

The memo for this paper is not available yet.

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes Discuss in detail the causes of market failure. (26) 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail the consequences of inflation. (26) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:
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Economics Grade 12 Term 2 2023 question papers and memos

June 2023 Paper 1

Economics Grade 12 June 2023 Paper 1 question paper, first page of questions
Economics Grade 12 June 2023 Paper 1 question paper

150 marks · 2 hours · 13 pages · 6 questions

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following questions.
  2. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  3. Q3 Macroeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  4. Q4 Macro Economics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  5. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail the markets within the four-sector model. (26 marks) 40 marks
  6. Q6 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail the main objectives of the public sector in the economy. 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

June 2023 Paper 2

Economics Grade 12 June 2023 Paper 2 question paper, first page of questions
Economics Grade 12 June 2023 Paper 2 question paper

150 marks · 2 hours · 13 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes• Discuss the monopoly in detail without the aid of graphs. (26 marks) 40 marks
  5. Q6 Contemporary Economic Issues• With the aid of graphs discuss in detail state intervention as a consequence of 40 marks

Instructions to candidates

  1. 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.
  2. Answer only the required number of questions. Answers in excess of the required number will NOT be marked.
  3. Number the answers correctly according to the numbering system used in this question paper.
  4. Write the number of the question above each answer.
  5. Read the questions carefully.
  6. Start EACH question on a NEW page.
  7. Leave 2–3 lines between subsections of questions.
  8. Answer the questions in full sentences and ensure that the format, content and context of your responses comply with the cognitive requirements of the questions.
  9. Use only black or blue ink.
  10. You may use a non-programmable pocket calculator.
  11. Write neatly and legibly.

May/June 2023 Paper 1

Economics Grade 12 May/June 2023 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2023 Paper 1 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes Discuss in detail the markets within the four-sector circular flow model. (26 marks) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the various social indicators. (26 marks) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2023 Paper 2

Economics Grade 12 May/June 2023 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2023 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes Examine the characteristics of a monopoly in detail. (26 marks) 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail any FIVE environmental problems and the international measures 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2022 question papers and memos

June 2022 Paper 1

Economics Grade 12 June 2022 Paper 1 question paper, first page of questions
Economics Grade 12 June 2022 Paper 1 question paper

150 marks · 2 hours · 13 pages · 6 questions

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following questions.
  2. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  3. Q3 Macroeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  4. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  5. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss in detail the reasons for international trade. (26 marks) 40 marks
  6. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail the main objectives of the public sector in the economy. 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

June 2022 Paper 2

Economics Grade 12 June 2022 Paper 2 question paper, first page of questions
Economics Grade 12 June 2022 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Microeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes• Compare and contrast in detail, without graphs, monopolistic competition and 40 marks
  5. Q6 Microeconomics 40 Marks – 40 Minutes• Discuss in detail, without graphs, causes of market failure. (26 marks) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2022 Paper 1

Economics Grade 12 May/June 2022 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2022 Paper 1 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes Discuss in detail the reasons for public sector failure. (26 marks) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the demand-side approach in promoting economic growth and 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2022 Paper 2

Economics Grade 12 May/June 2022 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2022 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes Examine oligopoly as a market structure in detail. (26 marks) 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail the measures to combat inflation. (26 marks) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2021 question papers and memos

June 2021 Paper 1

Economics Grade 12 June 2021 Paper 1 question paper, first page of questions
Economics Grade 12 June 2021 Paper 1 question paper

150 marks · 2 hours · 13 pages · 6 questions

What is in this paper (6 questions)
  1. Q1 1.1 Various options are provided as possible answers to the following
  2. Q2 2.1 Answer the following questions. 40 marks
  3. Q3 3.1 Answer the following questions. 40 marks
  4. Q4 4.1 Answer the following questions. 40 marks
  5. Q5 Macroeconomics• Discuss in detail the main objectives of the government in the economy.
  6. Q6 Macroeconomics• Discuss in detail the demand-side policies in smoothing of business cycles. 40 marks

Instructions to candidates

  1. 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.
  2. Number the answers correctly according to the numbering system used in this question paper.
  3. Write the number of the question above each answer.
  4. Read the questions carefully and start each question on a NEW page.
  5. Leave 2–3 lines between subsections of questions.
  6. Answer the questions in full sentences and ensure that the format, content and context of your responses comply with the cognitive requirements of the questions.
  7. Answer only the required number of questions. Answers in excess of the required number will NOT be marked.
  8. Use only blue or black ink.
  9. You may use a non-programmable pocket calculator.
  10. Write neatly and legibly.

June 2021 Paper 2

Economics Grade 12 June 2021 Paper 2 question paper, first page of questions
Economics Grade 12 June 2021 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Microeconomics 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics 40 Marks – 30 Minutes4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics Examine in detail, oligopoly as a market structure under the following headings 40 marks
  5. Q6 Microeconomics 40 Marks – 40 Minutes Discuss in detail, state intervention as a consequence of market failure under the 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2021 Paper 1

Economics Grade 12 May/June 2021 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2021 Paper 1 question paper

150 marks · 2 hours · 13 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes Discuss, in detail, the objectives of the public sector. (26 marks) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes Discuss the various economic indicators in detail. (26 marks) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2019 question papers and memos

May/June 2019 Paper 1

Economics Grade 12 May/June 2019 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2019 Paper 1 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes Discuss import substitution as an international trade policy under the following: 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes Discuss social indicators in detail under the following: 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2019 Paper 2

Economics Grade 12 May/June 2019 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2019 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes Discuss in detail, without the use of graphs, the market structure of an oligopoly. 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail the causes of demand-pull inflation. (26 marks) 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2018 question papers and memos

May/June 2018 Paper 1

Economics Grade 12 May/June 2018 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2018 Paper 1 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 Minutes• Discuss the macro-economic objectives of the state. (26 marks) 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 Minutes• Discuss in detail the followais ng South Africas' iniatitives in regional 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2018 Paper 2

Economics Grade 12 May/June 2018 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2018 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 Minutes• Discuss in detail, without the use of graphs, the market structure of a perfect 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 Minutes• Discuss in detail the measures used by government to ensure sustainable 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2017 question papers and memos

May/June 2017 Paper 1

Economics Grade 12 May/June 2017 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2017 Paper 1 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 MinutesSouth Africa's international trade policy consists of export promotion and i mport 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 MinutesIn order to achieve economic growth and development the right approach is required. 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2017 Paper 2

Economics Grade 12 May/June 2017 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2017 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 MinutesMarkets are the backbone of economic activities in any country. 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 MinutesThe disadvantage of a market economy is often demonstrated by inflation. 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 2016 question papers and memos

May/June 2016 Paper 1

Economics Grade 12 May/June 2016 Paper 1 question paper, first page of questions
Economics Grade 12 May/June 2016 Paper 1 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Macroeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Economic Pursuits 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Macroeconomics and Economic Pursuits4.1 Answer the following questions. 40 marks
  4. Q5 Macroeconomics 40 Marks – 40 MinutesIn the global economy countries strive to export more than they import to maximise the 40 marks
  5. Q6 Economic Pursuits 40 Marks – 40 MinutesThe annual analysis of the economic performances of countries is very important. This 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

May/June 2016 Paper 2

Economics Grade 12 May/June 2016 Paper 2 question paper, first page of questions
Economics Grade 12 May/June 2016 Paper 2 question paper

150 marks · 2 hours · 12 pages · 5 questions

What is in this paper (5 questions)
  1. Q2 Microeconomics 40 Marks – 30 Minutes2.1 Answer the following questions. 40 marks
  2. Q3 Contemporary Economic Issues 40 Marks – 30 Minutes3.1 Answer the following questions. 40 marks
  3. Q4 Microeconomics and Contemporary Economic Issues4.1 Answer the following questions. 40 marks
  4. Q5 Microeconomics 40 Marks – 40 MinutesGovernments use various instruments at their disposal to correct or limit market failure. 40 marks
  5. Q6 Contemporary Economic Issues 40 Marks – 40 MinutesThe impact of inflation on the economy can often be devastating. 40 marks

Instructions to candidates

  1. Answer FOUR questions as follows in the ANSWER BOOK:

Economics Grade 12 Term 2 study material

7 files for Term 2: notes, task and memo.

Economics Grade 12 Term 2 2026

  1. Economics Grade 12 Term 2 2026 Notes (English): Learner Booklet

    NotesTerm 2EnglishSource: WCED ePortal · CC BY-NC-ND

    PDF

  2. Economics Grade 12 Term 2 2026 Notes (Afrikaans): Leerderboek

    NotesTerm 2AfrikaansSource: WCED ePortal · CC BY-NC-ND

    PDF

  3. Economics Grade 12 Term 2 2026 Task (Limpopo)

    TaskTerm 2Limpopo

    PDF

Economics Grade 12 Term 2 2025

  1. Economics Grade 12 Term 2 2025 Notes (English): Learner Material

    NotesTerm 2EnglishSource: WCED ePortal · CC BY-NC-ND

    PDF

  2. Economics Grade 12 Term 2 2025 Notes (Afrikaans): Leerdermateriaal

    NotesTerm 2AfrikaansSource: WCED ePortal · CC BY-NC-ND

    PDF

Economics Grade 12 Term 2 2021

  1. Economics Grade 12 Term 2 May/June 2021 Paper 2 Memo (Afrikaans)

    MemoPaper 2May/June examTerm 2Afrikaans

    PDF

  2. Economics Grade 12 Term 2 May/June 2021 Paper 2 Memo (English)

    MemoPaper 2May/June examTerm 2English

    PDF

More Economics Grade 12 papers

All Economics Grade 12 past papers and memos

Questions about these papers

Which years of Economics Grade 12 Term 2 papers are on this page?

Papers from 2026, 2025, 2024, 2023, 2022, 2021, 2019, 2018, 2017, 2016. The newest year is at the top.

How many marks is the Economics Grade 12 Term 2 paper 1?

Paper 1 is usually out of 150 marks and you get 2 hours to write it.

How many marks is the Economics Grade 12 Term 2 paper 2?

Paper 2 is usually out of 150 marks and you get 2 hours to write it.

Are the memos included?

Yes. 32 of the 38 papers on this page have their marking memo next to the question paper.

Is there Economics Grade 12 Term 2 study material on this page?

Yes. 7 files for Term 2: notes, task and memo.

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