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Edexcel AS Economics (New Spec) Unit 2 - 23rd May 2016

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Original post by BDTOWNSEND
Only one see attached i made it for myself so no mark scheme but in same style as exam tommorow and new spec stuff in it


Very useful. Thanks for this!
Original post by harryleavey
This is slightly inaccurate:

4 marks: no evaluation
5 marks: no evaluation
6 marks: no evaluation
10 marks: 4 marks for evaluation
15 marks: 6 marks for evaluation
20 marks: 6 marks for evaluation

Let me know if you need to know how the other marks are allocated


Thank you! No it's fine, i asked a friend and he's given me the allocation of the marks too


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Original post by Sabrinaaiini
Thank you! No it's fine, i asked a friend and he's given me the allocation of the marks too


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Ok, thanks
Reply 283
Avatar for Dnkz7
Dnkz7
12
Can anyone have a guess what questions might pop up for the 10, 15 and 20 markers? Might they use questions that they had in previous papers in the old spec.
There have been quite a few long mark multiplier questions imo. I hope that comes up, unless we get one on animal spirits or something.



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Original post by DeafeningSilence
On a markscheme it said 'explain the transmission of AD/AS', what exactly do they mean by that? Thank you :smile:


It simply means explain the stages which cause an effect on AD/AS

For instance the transmission mechanism following an increase in investment:

AD: Investment is a component of AD -> Investment increases -> AD increases

AS: Investment is an increase in the value of capital stock -> Increased investment -> Increased capital stock -> Capital is a factor of production -> Production increases -> (Long Run) AS increases

This is a mechanism of transmission
Reply 286
Avatar for Dnkz7
Dnkz7
12
Original post by AsmaaMahamud97
There have been quite a few long mark multiplier questions imo. I hope that comes up, unless we get one on animal spirits or something.



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So how can we answer multiplier questions - is there a structure on how to answer them?
Original post by Dnkz7
So how can we answer multiplier questions - is there a structure on how to answer them?


Depends on how many marks it's worth tbh. Check out the examiners' reports, I can't remember which but there was a 14 marker on it which is equatable to a 15 marker ish.
Four marks for the diagram, quick intro, three points with an evaluation each and a conclusion should do.


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Original post by Dnkz7
So how can we answer multiplier questions - is there a structure on how to answer them?


Screen Shot 2016-05-22 at 20.03.47.png
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Screen Shot 2016-05-22 at 20.03.44.png21.3KB
Original post by harryleavey
Screen Shot 2016-05-22 at 20.03.47.png
Attachment not found


How do you do this?! 😦
And I can't see the middle pic, what does it say?


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Original post by AsmaaMahamud97
How do you do this?! 😦
And I can't see the middle pic, what does it say?


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Screen Shot 2016-05-22 at 20.03.44.png

[There are only 2 pictures]

How do I do what?
Original post by harryleavey
Screen Shot 2016-05-22 at 20.03.44.png

[There are only 2 pictures]

How do I do what?


Idk, have all these resources/know so much?
I think it was a compliment.


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I'm really cracking my brain tonight because I've got 2 papers tomorrow, Economics and Psychology... :frown:


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Original post by AsmaaMahamud97
Idk, have all these resources/know so much?
I think it was a compliment.


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Thanks.
I don't know? I guess I am just resourceful??
Anything else you want? :biggrin::biggrin:
Original post by harryleavey
Thanks.
I don't know? I guess I am just resourceful??
Anything else you want? :biggrin::biggrin:


Well, since you're offering....
Nah, I'm joking.
Mmm, I probably do want something else. Something on protectionism?


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Anyone got any predictions for tomorrows paper?
Original post by Sabrinaaiini
I'm really cracking my brain tonight because I've got 2 papers tomorrow, Economics and Psychology... :frown:


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Good luck! My friend's in the exact same position.


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Original post by AsmaaMahamud97
Well, since you're offering....
Nah, I'm joking.
Mmm, I probably do want something else. Something on protectionism?


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How is this:
Questions on left, answers on right
http://hleavey.site/Protectionism
Original post by harryleavey
How is this:
Questions on left, answers on right
http://hleavey.site/Protectionism


Are you a teacher in disguise? 👀



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Original post by AsmaaMahamud97
Good luck! My friend's in the exact same position.


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Thank you!


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