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ECONOMICS · HKDSE

ECONOMICS/11

(Multiple Choice)

Economics · 2022 · Variant 1

Relative difficulty

Demanding · 3.6/5

Analysis source: Hong Kong Examinations and Assessment Authority (HKEAA)

Analysis aligned to the official syllabus and assessment design.

Relative difficulty

3.6 / 5

Total marks

149

Duration

210 min

Most tested topic

Fiscal policy and Monetary policy

Cohort performance

Session statistics from official examination reports

Total marks

149

Duration

210 min

Session difficulty

3.6 / 5

Level 5**

~95% of max

Level 5*

~92% of max

Level 5

~87% of max

Key examiner messages

Top priorities from the principal examiner before you revise

1

The 2022 HKDSE Economics paper is a balanced yet challenging assessment that tests candidates' core theoretical frameworks, precision in mathematical calculations, and ability to construct multi-dimensional policy evaluations. With an overall difficulty index of 3.6 out of 5, the

2

With an overall difficulty index of 3.6 out of 5, the paper provides a clear separation of abilities, especially in the microeconomics trade theory calculations and the final high-weight macro essay.

Question difficulty map

How candidates performed on each question in this series

No data available in official reports

Assessment objectives

Skill and AO weighting from official examiner commentary

Theoretical Understanding6
Diagrammatic4
Quantitative3
Policy2
Evaluation1

Skill weighting

Shows the skill mix this paper tested most heavily.

Theoretical UnderstandingTheoreticalUnderstandingDiagrammaticDiagrammaticQuantitativeQuantitativePolicyPolicyEvaluationEvaluation
SkillWeightShare
  • Theoretical Understanding

    Weight: 6100%
  • Diagrammatic

    Weight: 467%
  • Quantitative

    Weight: 350%
  • Policy

    Weight: 233%
  • Evaluation

    Weight: 117%

Method marks watchlist

Where working, steps, or method marks were commonly lost

No data available in official reports

Recurring mistakes across years

Themes examiners flag in multiple recent sessions for this subject

No data available in official reports

Question choice intelligence

Mean scores and popularity for optional questions (HKDSE electives)

No data available in official reports

Level exemplars

What candidate scripts at each grade level looked like

No data available in official reports

Grade & admission context

How marks relate to grade thresholds and entry standards

Reporting source

HKEAA Subject Examination Report — comments on candidates’ performance with marking schemes

Level 5**

Outstanding — competitive JUPAS programmes (medicine, law, top faculties)

Level 5*

Excellent — strong JUPAS profile for selective programmes

Level 5

Good — meets most university entrance requirements

Level 4

Satisfactory — foundation programmes or less selective routes

Level 3

Pass threshold for many sub-degree and vocational pathways

Admission context

Levels feed JUPAS and non-JUPAS university applications; 5** and 5* are most selective

Deep insights

What top candidates did

Techniques and approaches examiners rewarded in this series

No data available in official reports

Command word playbook

How to match each command word to the expected response style

ExplainFrequency: 12

Give reasons and link mechanism to outcome; each point needs a because/so chain.

CalculateFrequency: 4

Show formula, substitution, and unit; method marks need visible working.

StateFrequency: 6

Match the expected response style for “State” questions.

EvaluateFrequency: 1

Weigh arguments for and against with evidence; end with a supported judgement.

JustifyFrequency: 2

Support your choice with specific evidence from data or the scenario given.

SuggestFrequency: 3

Apply knowledge to an unfamiliar context; concise, practical points score best.

Time traps

Sections where candidates spent disproportionate time relative to marks

Paper 2 Section B (45m / 28 marks

Min per mark: 1.6

Paper 2 Section B (45m / 32 marks

Min per mark: 1.4

Syllabus traceability

Topics linked to questions and mark weighting in this session

Fiscal policy and Monetary policy

15 marks this session

Free trade and trade barriers

14 marks this session

Interaction between demand, supply and price

13 marks this session

The determination of level of output and price

11 marks this session

MCQ trap analytics

Commonly chosen wrong options from examiner commentary

No data available in official reports

Topic heatmap across years

Mark concentration by topic and exam year for this subject

Mark intensity

LowHigh
Topic
2021
2022
2023
2024
2025
Σ

The determination of level of output and price

24
11
25
60

Free trade and trade barriers

15
14
15
44

Fiscal policy and Monetary policy

15
16
31

Market intervention

11
16
27

Free trade and trade barriers (International Trade and Finance)

14
14

Interaction between demand, supply and price

13
13

Money

12
12

Monopoly pricing & price discrimination

12
12

Paper comparison

Marks and duration breakdown across papers in this session

Paper 1 (Multiple Choice):

45 marks60 min

Paper 2 (Structured Questions):

104 marks150 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

No data available in official reports

Practise what examiners flagged

Target weak topics from this report inside the Revui app

Self-diagnostic checklist

Key actions before you sit this paper — copy and tick off as you revise

  • 1Message

    The 2022 HKDSE Economics paper is a balanced yet challenging assessment that tests candidates' core theoretical frameworks, precision in mathematical calculations, and ability to construct multi-dimensional policy evaluations. With an overall difficulty index of 3.6 out of 5, the

  • 2Message

    With an overall difficulty index of 3.6 out of 5, the paper provides a clear separation of abilities, especially in the microeconomics trade theory calculations and the final high-weight macro essay.

Teacher briefing pack

One-page session summary for tutors and classroom review

2022 2022

Economics

The 2022 HKDSE Economics paper is a balanced yet challenging assessment that tests candidates' core theoretical frameworks, precision in mathematical calculations, and ability to construct multi-dimensional policy evaluations. With an overall difficulty index of 3.6 out of 5, the

  • The 2022 HKDSE Economics paper is a balanced yet challenging assessment that tests candidates' core theoretical frameworks, precision in mathematical calculations, and ability to construct multi-dimensional policy evaluations. With an overall difficulty index of 3.6 out of 5, the

  • With an overall difficulty index of 3.6 out of 5, the paper provides a clear separation of abilities, especially in the microeconomics trade theory calculations and the final high-weight macro essay.

Total marks
149
Duration
210 min
Session difficulty
3.6 / 5
Level 5**
~95% of max
Level 5*
~92% of max
Level 5
~87% of max

Session analysis

The 2022 HKDSE Economics paper is a balanced yet challenging assessment that tests candidates' core theoretical frameworks, precision in mathematical calculations, and ability to construct multi-dimensional policy evaluations. With an overall difficulty index of 3.6 out of 5, the paper provides a clear separation of abilities, especially in the microeconomics trade theory calculations and the final high-weight macro essay.

Updated Jun 11, 2026

Paper breakdown

Paper 1 (Multiple Choice):

45 marks60 min

Paper 2 (Structured Questions):

104 marks150 min

Top chapters

Fiscal policy and Monetary policy15 marks
Free trade and trade barriers14 marks
Interaction between demand, supply and price13 marks
The determination of level of output and price11 marks

Exam structure insights

Marks by chapter

See where the marks were concentrated so revision time goes to the highest-value topics.

Free trade and trade barriers14 marks
Exchange rate3 marks
Brief introduction to the balan3 marks
Scarcity, choice and opportunit4 marks
Production and costs in the sho4 marks
Interaction between demand, sup13 marks
National income8 marks
Equity3 marks

Mark accessibility

Estimate which marks were basic, mid-level, or high-difficulty.

77% within easy or medium reach

55
60
34
Easy: 55 marksMedium: 60 marksHard: 34 marks

Command word frequency

Spot common command words so answers match the expected response style.

Explain12 times
Calculate4 times
State6 times
Evaluate1 times
Justify2 times
Suggest3 times

Question type mix

Compare the mark share of each paper section and question type.

149Marks
  • Paper 2 Section B)

    60·3·40%

  • Paper 1)

    45·45·30%

  • Paper 2 Section A)

    44·8·30%

Study ROI

Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.

DifficultyRecurrence %Free trade and tra…Interaction betwee…Money creation and…Division of labourScarcity, choice a…

Difficulty trend

Compare difficulty across recent years.

3.520213.62022

Time vs marks

Compare marks with suggested time allocation to plan exam pacing.

MarksMinutesMarks / min

Paper 2 Section B (

0.71 m/min
32
45

Paper 2 Section B (

0.62 m/min
28
45

Total marks

60

Total time

90 min

Avg pace

0.67

Cumulative marks ladder

The line is your running mark total question by question; dashed lines are the estimated grade cut-offs. See which question the line crosses your target grade at, so you know how far you must answer cleanly and which questions decide a band.

037751121495** estimated5* estimated5 estimated4 estimated3 estimated2 estimated1 estimatedU estimated454953576773798589104121149

Next-year prediction

Topics worth watching next year, with the reason shown directly below each bar.

Market intervention (Price control and quotas)

90%

90%

Monopoly pricing & price discrimination

85%

85%

Anti‑competitive behaviours & competition policy

80%

80%

Paper analysis

The 2022 HKDSE Economics paper is a balanced yet challenging assessment that tests candidates' core theoretical frameworks, precision in mathematical calculations, and ability to construct multi-dimensional policy evaluations. With an overall difficulty index of 3.6 out of 5, the paper provides a clear separation of abilities, especially in the microeconomics trade theory calculations and the final high-weight macro essay.

Exam tips

Paper format

Duration
1h
Total marks
45
Weighting
30%
Question types
Multiple Choice (Paper 1)

Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.

ECONOMICS/11 — HKDSE Economics (2022) | Revui