managing the economy- edexcel
Business and management discussion, revision, exam and homework help.
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managing the economy- edexceli am suck with these essays:
can i get some help/ have some discussion on these essay questions
1)Assess the extent to which a sharp depreciation of the pound will improve the UK current account of balance of payments. (12 marks)
2)Discuss the fiscal and supply side policies the UK Governemtn could persue to reduce the rate of unemployment. (30 marks!)
3)Using AD and AS analysis, explain the likely impact on the equilibrium price levele and level of real output in the UK of the "sharp increase in oil prices" (10 marks!)
Question. how would you guys write the essay to achieve the marks !!?
Best wishes. -
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Re: managing the economy- edexcel1) You need to understand the basics of exchange rates and that question should be relatively simple. If you are doing A2 then you could also talk about the J curve.
2) Again that is not a particularly technical question. There is quite a lot to look at but I'm not going to list all of the possible policies to reduce unemployment. You need to think about the different kinds of unemployment and the situation in the UK economy.
3) It is important you understand how the price of oil impacts on the final price of goods and services as well as commodities like petrol and diesel, and what affect this has on the macroeconomy.
All the questions you have asked are fairly basic, so I suggest you make sure you thoroughly understand the theory in your textbook before trying to tackle essay questions.
(Original post by Hwee Ling)
i am suck with these essays:
can i get some help/ have some discussion on these essay questions
1)Assess the extent to which a sharp depreciation of the pound will improve the UK current account of balance of payments. (12 marks)
2)Discuss the fiscal and supply side policies the UK Governemtn could persue to reduce the rate of unemployment. (30 marks!)
3)Using AD and AS analysis, explain the likely impact on the equilibrium price levele and level of real output in the UK of the "sharp increase in oil prices" (10 marks!)
Question. how would you guys write the essay to achieve the marks !!?
Best wishes.
