This page has every Economics Grade 12 Term 4 paper we have, from 2015 to 2025: 23 question papers and 22 memos in 93 PDFs. The papers were set by the national DBE. 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 is 1 file of Term 4 study material.
Economics Grade 12 Term 4 papers by year
Economics Grade 12 Term 4 2025 question papers and memos
November 2025 Paper 1 (National DBE)
Economics Grade 12 November 2025 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes • Discuss in detail the markets within the four-sector circular-flow model. (26 marks)
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes • Discuss in detail South African initiatives (endeavours) in regional development.
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2025 Paper 2 (National DBE)
Economics Grade 12 November 2025 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
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 40 Marks – 40 Minutes • Discuss, in detai,l the characteristics of a monopoly market structure, including a
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes • Discuss, in detail, the measures to combat inflation. (26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
2025 Paper 2
Economics Grade 12 2025 Paper 2 question paper
150 marks · 2 hours · 12 pages · 5 questions
The memo for this paper is not available yet.
What is in this paper (5 questions)
Q2
Microeconomics 2.1 Answer the following questions.
40 marks
Q3
Microeconomics 3.1 Answer the following questions.
40 marks
Q4
Microeconomics 4.1 Answer the following questions.
40 marks
Q5
Microeconomics 40 Marks – 40 Minutes x Compare and contrast TWO types of market structures (monopoly and
Q6
Microeconoms 40 Marks – 40 Minutes x With the aid of relevant graphs discuss in detail state intervention as a
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK: x SECTION A: COMPULSORY x SECTION B: Answer TWO of the three questions. x SECTION C: Answer ONE of the two questions. Number the answers correctly according to the numbering system used in this question paper. Write the number of the question 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 questions. Use only black or blue ink. You may use a non-programmable pocket calculator. Write neatly and legibly.
Economics Grade 12 Term 4 2024 question papers and memos
November 2024 Paper 1 (National DBE)
Economics Grade 12 November 2024 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Discuss in detail the reasons for international trade. (26)
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the demand-side approach in promoting economic growth and
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2024 Paper 1 (National DBE)
Economics Grade 12 November 2024 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Discuss in detail the reasons for international trade. (26)
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the demand-side approach in promoting economic growth and
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2024 Paper 2 (National DBE)
Economics Grade 12 November 2024 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes Examine in detail the oligopoly market structure. (26)
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail how the government can ensure sustainable development or
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2024 Paper 2 (National DBE)
Economics Grade 12 November 2024 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes Examine in detail the oligopoly market structure. (26)
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail how the government can ensure sustainable development or
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2023 question papers and memos
November 2023 Paper 1 (National DBE)
Economics Grade 12 November 2023 Paper 1 (National DBE) question paper
150 marks · 2 hours · 13 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Discuss in detail the main objectives of the public sector in the economy. (26)
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss in detail export promotion as South Africa's international trade policy. (26)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2023 Paper 2 (National DBE)
Economics Grade 12 November 2023 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes Compare and contrast the market structures of monopolistic competition with
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Examine in detail the effects of tourism. (26)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2022 question papers and memos
November 2022 Paper 1 (National DBE)
Economics Grade 12 November 2022 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Discuss in detail the features underpinning forecasting of business cycles.
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the South African growth and development policies and strategic
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2022 Paper 2 (National DBE)
Economics Grade 12 November 2022 Paper 2 (National DBE) question paper
150 marks · 2 hours · 13 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes With the aid of three separate graphs, discuss the short-run equilibrium positions
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Discuss in detail the measures taken by the government to ensure environmental
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2021 question papers and memos
November 2021 Paper 1 (National DBE)
Economics Grade 12 November 2021 Paper 1 (National DBE) question paper
150 marks · 2 hours · 13 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Discuss in detail the new economic paradigm in smoothing-out business cycles.
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss the arguments in favour of protectionism. (26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2021 Paper 2 (National DBE)
Economics Grade 12 November 2021 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes Discuss, in detail, without drawing graphs, state intervention as a consequence of
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Discuss the consequences of inflation. (26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2020 question papers and memos
November 2020 Paper 1 (National DBE)
Economics Grade 12 November 2020 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Discuss the role of markets in the circular flow. (26 marks)
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss, without graphs, the supply-side policy to promote economic growth.
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2020 Paper 2 (National DBE)
Economics Grade 12 November 2020 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes Discuss in detail, without the use of graphs, perfect competition as a market
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Discuss the major environmental problems that affect countries globally.(26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2019 question papers and memos
November 2019 Paper 1 (National DBE)
Economics Grade 12 November 2019 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes Examine South Africa's export promotion trade policy. (26 marks)
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Discuss in detail the South African endeavours (initiatives) in regional
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2019 Paper 2 (National DBE)
Economics Grade 12 November 2019 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Contemporary Economic Topics 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 40 Marks – 40 Minutes With the aid of graphs, discuss how economic profit and economic loss are
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Examine in detail the causes of cost-push inflation. (26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2018 question papers and memos
November 2018 Paper 1 (National DBE)
Economics Grade 12 November 2018 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes • Discuss ALL the features underpinning the forecasting of business cycles,
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes • Discuss the demand-side approach in promoting economic growth. (26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2018 Paper 2 (National DBE)
Economics Grade 12 November 2018 Paper 2 (National DBE) question paper
150 marks · 2 hours · 13 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes • Discuss, with the aid of graphs, the consequences of market failure under the
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes • Discuss the effects of tourism. (26 marks)
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2016 question papers and memos
November 2016 Paper 1 (National DBE)
Economics Grade 12 November 2016 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes The circular-flow model shows how the economy works via the various markets.
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Government actions encourage operations and new investments to boost indus trial
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2016 Paper 2 (National DBE)
Economics Grade 12 November 2016 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes The oligopoly is a necessary market structure in a free-market system.
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Inflation originates from the demand side or supply side of the economy.
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
Economics Grade 12 Term 4 2015 question papers and memos
November 2015 Paper 1 (National DBE)
Economics Grade 12 November 2015 Paper 1 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Macroeconomics 40 Marks – 30 Minutes 2.1 Answer the following questions.
40 marks
Q3
Economic Pursuits 40 Marks – 30 Minutes 3.1 Answer the following questions.
40 marks
Q4
Macroeconomics and Economic Pursuits 4.1 Answer the following questions.
40 marks
Q5
Macroeconomics 40 Marks – 40 Minutes The new economic pariadis emgm bedded (rooted)in demand-and-supply-side
40 marks
Q6
Economic Pursuits 40 Marks – 40 Minutes Economists use different indicators to help with decision-making.
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
November 2015 Paper 2 (National DBE)
Economics Grade 12 November 2015 Paper 2 (National DBE) question paper
150 marks · 2 hours · 12 pages · 5 questions
What is in this paper (5 questions)
Q2
Microeconomics 40 Marks – 30 Minutes 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 40 Marks – 40 Minutes A monopoly is the extreme opposite of a perfect competitive market.
40 marks
Q6
Contemporary Economic Issues 40 Marks – 40 Minutes Tourism is the fastest growing industry in the world.
40 marks
Instructions to candidates Answer FOUR questions as follows in the ANSWER BOOK:
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Economics Grade 12 Term 4 study material
1 file for Term 4: memo.
Economics Grade 12 Term 4 2017
PDF
Memo Paper 2 November exam Term 4 National (DBE) Afrikaans
PDF
Questions about these papers
Which years of Economics Grade 12 Term 4 papers are on this page? Papers from 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2016, 2015. The newest year is at the top.
How many marks is the Economics Grade 12 Term 4 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 4 paper 2? Paper 2 is usually out of 150 marks and you get 2 hours to write it.
Are the memos included? Yes. 22 of the 23 papers on this page have their marking memo next to the question paper.
Is there Economics Grade 12 Term 4 study material on this page? Yes. 1 file for Term 4: memo.