SOPHIA (MACROECONOMICS) EXAMS SET OF
FULL QUESTIONS AND ANSWERS FOR A
GUARANTEED GRADE A+ IN 2026.
⫸ Microeconomics. Ans: An area of economic study that focuses on
specific markets, choices, and behaviors that affect price, cost, and
demand.
⫸ Social Science. Ans: An academic discipline that requires an
examination of the variables that affect the quality of human life.
⫸ Why do people make choices in economics?. Ans: A fundamental
idea in economics is that people make choices for good reasons.
⫸ Business Cycle. Ans: The movement of an economy through
expansion, peaks, contraction, and troughs over time; an assessment
of economic activity over time.
⫸ Capital Flow. Ans: The movement of capital, typically referencing
financial capital, into and out of an entity or country.
⫸ Economic Indicators. Ans: Data specific to an economic outcome
or behavior that provide an indication of the direction of past (lagging
indicator), present (coincident indicator), or future (leading indicator)
economic activity.
FULL QUESTIONS AND ANSWERS FOR A
GUARANTEED GRADE A+ IN 2026.
⫸ Microeconomics. Ans: An area of economic study that focuses on
specific markets, choices, and behaviors that affect price, cost, and
demand.
⫸ Social Science. Ans: An academic discipline that requires an
examination of the variables that affect the quality of human life.
⫸ Why do people make choices in economics?. Ans: A fundamental
idea in economics is that people make choices for good reasons.
⫸ Business Cycle. Ans: The movement of an economy through
expansion, peaks, contraction, and troughs over time; an assessment
of economic activity over time.
⫸ Capital Flow. Ans: The movement of capital, typically referencing
financial capital, into and out of an entity or country.
⫸ Economic Indicators. Ans: Data specific to an economic outcome
or behavior that provide an indication of the direction of past (lagging
indicator), present (coincident indicator), or future (leading indicator)
economic activity.
