ECONOMICS · CSAT (대학수학능력시험)
ECONOMICS/11
Economics
Economics · 2021 · Variant 1
Relative difficulty
Analysis source: Korea Institute for Curriculum and Evaluation (KICE)
Analysis aligned to the official syllabus and assessment design.
4.0 / 5
50
30 min
Supply-demand graph shifts, surplus changes, macro indicators, exchange-rate effects, and policy reasoning.
Cohort performance
Session statistics from official examination reports
Total marks
50
Duration
30 min
Session difficulty
4.0 / 5
Calculator policy
No calculators in any CSAT section. All arithmetic must be done by hand. English includes a listening section with broadcast audio.
Key examiner messages
Top priorities from the principal examiner before you revise
KICE Economics assesses microeconomics, macroeconomics, market failure, national income, inflation, unemployment, finance, international trade, and policy through graph-heavy social inquiry items. The 2024 CSAT inquiry format is 20 questions, 30 minutes, 50 points, with candid…
KICE designs Economics items from the national curriculum achievement standards and publishes all questions and answers after the exam.
EBS-linked items about 50% means concepts, source themes, or problem types are linked, but wording and contexts are commonly transformed.
The official timing is 30 min for 20 questions; pacing practice should match the actual OMR marking burden.
KICE publishes annual test-design directions (출제 방향) emphasising syllabus-faithful items, EBS textbook linkage (~50% of Korean, Mathematics, and English items), and post-2024 exclusion of extreme “killer” items outside public-education scope.
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
Skill weighting
Cognitive skills emphasised in official test design.
Conceptual understanding
Weight: 30100%Source and data interpretation
Weight: 30100%Application Tourism unfamiliar contexts
Weight: 2583%Chronology and comparison
Weight: 1550%
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
Supply and demand: Answering from memory before checking the condition in the stem. — Underline the limiting condition and restate it in …
Macroeconomic indicators: Treating a familiar source, graph, or scenario as identical to a past EBS example. — Compare variables and word…
Exchange rates: Losing marks on easy items because time was spent on one high-difficulty question. — Use a two-pass strategy and mark unr…
Policy effects: Eliminating options based on a keyword match rather than the full causal relationship. — Check subject, time period, dire…
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
Official body
Korea Institute for Curriculum and Evaluation (KICE)
Grading system
KICE standard score (mean 50, SD 10; range 0–100) with percentile and Grade 1–9 bands
Scale band
Std score
Scale band
Percentile
Scale band
1
Scale band
2
Deep insights
What top candidates did
Techniques and approaches examiners rewarded in this series
1. Build a concept map first
Economics rewards understanding relationships among concepts. Before timed practice, connect definitions, causes, effects, and examples for micro and macro models.
2. Read sources before options
Many items begin with documents, maps, graphs, or dialogues. Identify the period, actor, region, or policy in the source before looking at answer choices.
3. Compare similar ideas
Create two-column comparisons for easily confused pairs in nominal vs real, movement vs shift, and appreciation vs depreciation; KICE distractors often swap one condition or consequence.
4. Drill graph and table language
For supply-demand, GDP, price-index, and trade graphs, state what increases, decreases, stays fixed, and which variable is controlled before calculating or choosing.
5. Keep a wrong-answer notebook
Record each mistake as concept, source clue, calculation, or time-pressure error. Revisit the same domain after 48 hours with a new item.
Command word playbook
How to match each command word to the expected response style
No data available in official reports
Time traps
Sections where candidates spent disproportionate time relative to marks
No data available in official reports
Syllabus traceability
Topics linked to questions and mark weighting in this session
Basic economic problem, opportunity cost, market demand and supply
Official topic weighting
Consumer/producer behavior, elasticity, surplus, and market failure
Official topic weighting
National income, inflation, unemployment, money, finance, and stabilization policy
Official topic weighting
International trade, exchange rates, balance of payments, and globalization
Official topic weighting
Economic data interpretation and graph shifts
Official topic weighting
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
National income, inflation, unemployment, money, finance, and stabilization policy
Basic economic problem, opportunity cost, market demand and supply
Consumer/producer behavior, elasticity, surplus, and market failure
International trade, exchange rates, balance of payments, and globalization
Economic data interpretation and graph shifts
Difficulty trend
How session difficulty has shifted across recent years
Paper comparison
Marks and duration breakdown across papers in this session
Economics: 20 multiple-choice social inquiry questions
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
Basic economic problem, opportunity cost, market demand and supply
Official topic weighting
Practise in RevuiConsumer/producer behavior, elasticity, surplus, and market failure
Official topic weighting
Practise in RevuiNational income, inflation, unemployment, money, finance, and stabilization policy
Official topic weighting
Practise in RevuiInternational trade, exchange rates, balance of payments, and globalization
Official topic weighting
Practise in RevuiEconomic data interpretation and graph shifts
Official topic weighting
Practise in RevuiSelf-diagnostic checklist
Key actions before you sit this paper — copy and tick off as you revise
- 1Message
KICE Economics assesses microeconomics, macroeconomics, market failure, national income, inflation, unemployment, finance, international trade, and policy through graph-heavy social inquiry items. The 2024 CSAT inquiry format is 20 questions, 30 minutes, 50 points, with candid…
- 2Message
KICE designs Economics items from the national curriculum achievement standards and publishes all questions and answers after the exam.
- 3Message
EBS-linked items about 50% means concepts, source themes, or problem types are linked, but wording and contexts are commonly transformed.
- 4Message
The official timing is 30 min for 20 questions; pacing practice should match the actual OMR marking burden.
- 5Message
KICE publishes annual test-design directions (출제 방향) emphasising syllabus-faithful items, EBS textbook linkage (~50% of Korean, Mathematics, and English items), and post-2024 exclusion of extreme “killer” items outside public-education scope.
- 6Pitfall
Supply and demand: Answering from memory before checking the condition in the stem. — Underline the limiting condition and restate it in …
- 7Pitfall
Macroeconomic indicators: Treating a familiar source, graph, or scenario as identical to a past EBS example. — Compare variables and word…
- 8Pitfall
Exchange rates: Losing marks on easy items because time was spent on one high-difficulty question. — Use a two-pass strategy and mark unr…
- 9Pitfall
Policy effects: Eliminating options based on a keyword match rather than the full causal relationship. — Check subject, time period, dire…
- 10Strength
1. Build a concept map first: Economics rewards understanding relationships among concepts. Before timed practice, connect definit
- 11Strength
2. Read sources before options: Many items begin with documents, maps, graphs, or dialogues. Identify the period, actor, region, or
- 12Strength
3. Compare similar ideas: Create two-column comparisons for easily confused pairs in nominal vs real, movement vs shift, and a
Teacher briefing pack
One-page session summary for tutors and classroom review
2021 2021
Economics
KICE Economics assesses microeconomics, macroeconomics, market failure, national income, inflation, unemployment, finance, international trade, and policy through graph-heavy social inquiry items. The 2024 CSAT inquiry format is 20 questions, 30 minutes, 50 points, with candidate
KICE Economics assesses microeconomics, macroeconomics, market failure, national income, inflation, unemployment, finance, international trade, and policy through graph-heavy social inquiry items. The 2024 CSAT inquiry format is 20 questions, 30 minutes, 50 points, with candid…
KICE designs Economics items from the national curriculum achievement standards and publishes all questions and answers after the exam.
EBS-linked items about 50% means concepts, source themes, or problem types are linked, but wording and contexts are commonly transformed.
Supply and demand: Answering from memory before checking the condition in the stem. — Underline the limiting condition and restate it in …
Macroeconomic indicators: Treating a familiar source, graph, or scenario as identical to a past EBS example. — Compare variables and word…
- Total marks
- 50
- Duration
- 30 min
- Session difficulty
- 4.0 / 5
- Calculator policy
- No calculators in any CSAT section. All arithmetic must be done by hand. English includes a listening section with broadcast audio.
Session analysis
KICE Economics assesses microeconomics, macroeconomics, market failure, national income, inflation, unemployment, finance, international trade, and policy through graph-heavy social inquiry items. The 2024 CSAT inquiry format is 20 questions, 30 minutes, 50 points, with candidates selecting up to two inquiry subjects and EBS linkage around 50%. Korea Institute for Curriculum and Evaluation (KICE) emphasises supply-demand graph shifts, surplus changes, macro indicators, exchange-rate effects, and policy reasoning.. Priority revision: Basic economic problem, opportunity cost, market demand and supply, Consumer/producer behavior, elasticity, surplus, and market failure, National income, inflation, unemployment, money, finance, and stabilization policy, International trade, exchange rates, balance of payments, and globalization. Economics rewards understanding relationships among concepts. Before timed practice, connect definitions, causes, effects, and examples for micro and macro models.
Updated 2026-07-03
Paper breakdown
Economics: 20 multiple-choice social inquiry questions
Top chapters
Exam structure insights
Marks by syllabus topic
Revision priority from official test-design weighting.
Mark accessibility
Estimated difficulty spread based on official design.
Supply-demand graph shifts, surplus changes, macro indicators, exchange-rate eff
Paper structure
Official paper breakdown for this subject.
Economics
50·10·100%
Official syllabus scope
KICE Economics assesses microeconomics, macroeconomics, market failure, national income, inflation, unemployment, finance, international trade, and policy through graph-heavy social inquiry items. The 2024 CSAT inquiry format is 20 questions, 30 minutes, 50 points, with candidates selecting up to two inquiry subjects and EBS linkage around 50%.
Difficulty verdict
Rated 4/5 for November sessions. Supply-demand graph shifts, surplus changes, macro indicators, exchange-rate effects, and policy reasoning.
What examiners measure
1. Analyze supply, demand, elasticity, surplus, and market equilibrium. 2. Interpret macro indicators such as GDP, price level, unemployment, exchange rates, and balance of payments. 3. Use graphs and tables to evaluate policy effects and economic choices. 4. Explain market failure, public goods, externalities, income distribution, and government intervention. 5. Apply opportunity cost and marginal reasoning to unfamiliar scenarios.
Where the marks are
Highest-weight syllabus areas: Basic economic problem, opportunity cost, market demand and supply; Consumer/producer behavior, elasticity, surplus, and market failure; National income, inflation, unemployment, money, finance, and stabilization policy; International trade, exchange rates, balance of payments, and globalization; Economic data interpretation and graph shifts.
Examiner notes & key calculations
- KICE designs Economics items from the national curriculum achievement standards and publishes all questions and answers after the exam.
- EBS-linked items about 50% means concepts, source themes, or problem types are linked, but wording and contexts are commonly transformed.
- The official timing is 30 min for 20 questions; pacing practice should match the actual OMR marking burden.
- Distractors usually represent common misconceptions, not random wrong answers, so elimination must be evidence-based.
- High-discrimination items often combine two syllabus domains or require interpreting a new source, graph, table, or scenario.
- A full mock should include answer-sheet transfer and a post-test error log organized by domain and mistake type.
- Economics often uses short source extracts or data displays to test whether concepts transfer to new cases.
- Because social inquiry subjects are selected competitively, small mistakes can strongly affect percentile ranking.
- Paper 1: Economics · 50 marks · 30 min · 20 multiple-choice social inquiry questions.
Exam tips
Paper format
- Duration
- 30 min
- Total marks
- 50
- Weighting
- 100%
- Question types
- 20 multiple-choice social inquiry questions
- Economics rewards understanding relationships among concepts. Before timed practice, connect definitions, causes, effects, and examples for micro and macro models.
- Many items begin with documents, maps, graphs, or dialogues. Identify the period, actor, region, or policy in the source before looking at answer choices.
- Create two-column comparisons for easily confused pairs in nominal vs real, movement vs shift, and appreciation vs depreciation; KICE distractors often swap one condition or consequence.
Common mistakes
Supply and demand
Answering from memory before checking the condition in the stem.
How to avoid: Underline the limiting condition and restate it in your own words before selecting an option.
Macroeconomic indicators
Treating a familiar source, graph, or scenario as identical to a past EBS example.
How to avoid: Compare variables and wording; transformed linkage often changes the required inference.
Exchange rates
Losing marks on easy items because time was spent on one high-difficulty question.
How to avoid: Use a two-pass strategy and mark unresolved items after 60-75 seconds.
Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.