QLD QCEQueensland, Australia · Units 3 & 4

QCE Economics, but it moves

The QCAA syllabus mapped end to end: markets and their failures, international economics, and macro management, every examinable diagram interactive.

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Unit 3 · Markets and market failure

The price mechanism, elasticity, and when markets go wrong

Supply & DemandThe core market model Price Elasticity of Demand & SupplyResponsiveness and revenue Consumer & Producer SurplusEfficiency and welfare Externalities & Pigouvian TaxesSpillovers and corrective taxes Monopoly & Cost CurvesMarket power and regulation

Unit 4 · International economics

Trade, protection, exchange rates and global links

Absolute vs. Comparative AdvantageThe case for trade Tariffs & Protection (Small Open Economy)Who wins and loses from protection J-Curve (Trade Balance after Depreciation)Currency moves and the trade balance Purchasing Power ParityWhat anchors exchange rates long run Gravity Model of TradeWho trades with whom, and why

Unit 4 · Macroeconomic management

Objectives, indicators and the policy response

Aggregate Supply – Aggregate DemandThe diagram for every policy question Business Cycle PhasesBooms, downturns and the output gap Phillips CurveInflation vs unemployment Keynesian CrossFiscal policy and the multiplier Money MarketMonetary policy transmission

That's your whole syllabus. Sit the scoped exam above and find the gaps.

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Common questions

Does Graphl cover the QCE Economics data-response questions?

Yes: the live data page carries real Australian GDP, inflation and unemployment with theory overlays, and exam mode grades you on applying the right model to real scenarios, exactly the QCE skill.