New Zealand Scholarship Economics study materials
New Zealand Scholarship Economics study resources

New Zealand Scholarship Economics exam-day guide

New Zealand Scholarship Economics · Prepare for the day ahead.

Your checklist

Admission slip and photo ID

NZQA Scholarship exams are administered through the school/centre. Bring the admission slip or entry confirmation your school gives you and photo identification. Exact ID requirements vary by centre, so confirm with the provider or your school's examinations officer what is accepted.

Approved calculator

Economics questions often involve elasticities, index numbers, multipliers and percentage changes. Use a calculator permitted under the exam rules and check whether a graphics calculator is allowed for this standard; confirm with the provider. Bring spare batteries.

Blue or black pens (two or more)

Scholarship answers are handwritten in answer booklets. Bring at least two reliable dark pens; pencil is normally for diagrams only. Confirm any pen-colour instruction with the provider.

Pencil, eraser and small ruler

Economics answers frequently need clearly labelled diagrams (supply and demand, market failure, AD/AS, tariff and subsidy diagrams). A ruler and eraser keep them neat and legible.

Know the paper's structure and marks

Before the day, confirm the number of questions, how many you must answer, whether there is a choice, and the total marks and time allocation. Do not rely on memory of a previous year's format; check the current NZQA Scholarship Economics specification.

Revise the core Level 3 economics content

Scholarship builds on the Level 3 economics achievement standards: microeconomics (markets, elasticity, market failure, government intervention) and macroeconomics (aggregate demand and supply, policy, inflation, trade). Skim your own notes and formula definitions rather than learning new material.

Prepare a diagram and definitions sheet

One page of key definitions (opportunity cost, elasticity, deadweight loss, multiplier, terms of trade) and standard diagram shapes is the highest-yield last-minute revision for an essay-style paper.

Practise timed extended answers

Scholarship rewards analysis and integration, not recall. Rehearse planning and writing full answers with clear economic reasoning, models and evaluation under time pressure.

Check the exam timetable and venue

Confirm date, start time, venue and reporting time for your centre. NZQA Scholarship exams are usually held in November; your school will confirm the exact slot.

Plan food, water and travel

Papers are long. Bring water and a snack if permitted, and plan transport with a buffer so you arrive calm. Confirm what is allowed in the exam room with the provider.

Plan the day

72 hours before

Do a final pass over your own summary notes and diagram sheet. Write one or two timed practice answers to check your pacing, then stop adding new content. Confirm venue, start time and what you may bring with your school's examinations officer.

48 hours before

Review your weakest topic (often market failure, elasticity applications or macroeconomic policy evaluation). Rehearse the structure you will use for extended answers: define, model, analyse, evaluate.

24 hours before

Light revision only: definitions, diagram labels and the paper's mark allocation. Pack pens, calculator, ID and admission slip. Set two alarms and get a full night's sleep.

Morning of the exam

Eat breakfast, arrive early, and skim your one-page definitions sheet. Avoid cramming new material. Read the whole paper first when allowed, note the time per question, and budget a few minutes to check diagrams and definitions.

During the test

Answer the required number of questions, using the marks as a guide to length. Define key terms, draw and label diagrams where they earn marks, apply economic models to the context given, and include evaluation for the higher-level marks. Watch the clock and leave time to proofread.

Rules to check

  • Follow all instructions from supervisors and the provider. If anything about entry, ID or permitted materials is unclear, confirm with the provider before exam day rather than assuming.

  • Bring only permitted materials into the exam room. Phones and smart devices must be switched off and stored as directed. Check the provider's rules on calculators and any notes.

  • Do not communicate with other candidates during the exam and do not take any paper or materials out of the room unless a supervisor permits it.

  • Raise your hand if you need to leave the room; follow the supervisor's instructions on breaks and supervised exit and return. Confirm the provider's policy on toilet breaks.

  • Write legibly in the answer booklet and clearly label diagrams. Answers that cannot be read or matched to a question cannot be credited.

  • Understand the scoring before you write: Scholarship is a separate qualification judged against a standard, not a fixed pass mark, and the paper rewards integrated economic analysis and evaluation. Confirm the current assessment specification and any scheduling details with the provider.