Welcome brave souls who want to take on Scholarship Economics.
I will put all the resources I can to help you here however best things is to firstly make sure you are an Excellence at all the standards at level 3.
The Economics Scholarship Exam has 3 parts:
A- Microeconomic Theory. Incl: Marginal Analysis, Allocative Efficiency & Elasticity.
B - Market Failure. Incl: Natural Monopolies, Externalities, Public Goods, Demerit & Merit Goods, Income Inequality.
C- Macroeconomics. Incl: Aggregate Demand/Aggregate Supply, Business Cycle, Exchange Rates - S & D, TOT, TWI, Balance of Payments (Current Account & Financial Account), Fiscal Multiplier, Trade Policies, Monetary Policy, Fiscal Policy, Circular Flow
Basically Scholarship is an amalgamation of Year 12 & 13 Economics.