UACE Economics Paper 2 (P220/2) Exam Paper

This Uganda Advanced Certificate of Education Economics Paper 2 (P220/2) is a three-hour exam paper. Candidates answer all of Section A and any four questions from Section B. Section A has short structured questions on utility, marginal and average product, dualism, the accelerator principle, a national income calculation, and types of public debt. Section B has essay questions on long-run monopoly pricing, inward- and outward-looking development strategies, the Malthusian population theory, credit creation, budget deficits, and commercial banks in Uganda. Marks are shown for every question. It is useful exam practice for A-level Economics students.