Global Economics F585 how confident are people with this exam?

MCYan

Thank you. Yes it was Jan transport, you are glad you have this out of the way! What questions did you do for section B if you can remember? :smile:

I did the question on monopolies.

Reply 81

MCYan

13

Bax-man

I did the question on monopolies.

thats prob the hardest section!

Reply 82

Hustler-1337

15

MCYan

Guys, what is a national road pricing scheme? Has it been stopped since Conversative comes in? Don't think I've ever learnt it before. :s-smilie:

As the name implies, it is a system whereby road users are charged according to the roads they use, the time of day, levels of congestion, type of vehicle etc. The national Road pricing system was recommended mainly by Sir Rod Eddington in his report for the Labour government. The government decided to go ahead with his recommendations on road pricing, but there was a significant amount of opposition to the proposals, and a petition was filed against national road pricing. Eventually, the government backed down from it and abandoned it. However, they did say that the decision to charge users for roads was to be decided by local authorities, rather than imposing it nationally.

This is what I've revised the other day. National road pricing is different to other road user charging such as the London congestion charge, because that is only restricted to a certain area, and is not operating nationally.

btw, what did u guys get for your Transport paper in Jan? I got a D :frown:

58/100. If i got a high D grade, i would of got an A grade overall for economics - just short by three marks.

Reply 83

Bax-man

2

MCYan

thats prob the hardest section!

Perhaps, but everyone in my class did that question without exception. I think it's easier to write about at length than the other two options.

hmiah

btw, what did u guys get for your Transport paper in Jan?

95.

Reply 84

Jamesjamesjames.

Hi, everyone. I'm resitting this exam because I got glandular fever in october/november so missed a lot of school and consequently got a D on this.. From reading this thread I see a lot of talk of kits and stuff and people offering to send them etc. Just wondering what these kits contain and if I could be sent one of they are of any use. Would be greatly appreciated :smile:

, James.

Reply 85

Hustler-1337

15

Bax-man

Perhaps, but everyone in my class did that question without exception. I think it's easier to write about at length than the other two options.

95.

95!

what did u write? was it lengthy?

Also, was thinking about the transport paper exams -Does the question on monopolies/oligopolies come all in one question or is it/ can it be mixed with a question on transport policy/coba etc? e.g part a is market structure, part b is transport policy?

If they are in separate questions, then i might as well focus on studying the market structures, since i find that the easiest.

Reply 86

Bax-man

2

hmiah

95!

what did u write? was it lengthy?

Also, was thinking about the transport paper exams -Does the question on monopolies/oligopolies come all in one question or is it/ can it be mixed with a question on transport policy/coba etc? e.g part a is market structure, part b is transport policy?

If they are in separate questions, then i might as well focus on studying the market structures, since i find that the easiest.

The essay questions were several pages in length, and fairly comprehensive for an A2 exam. My weakness was that my evaluation was not necessarily as thorough as might be ideal, and my conclusion fairly weak.

I suppose it's possible the situation you describe could occur - for instance, question 'a' could ask you, 'how far might rail transport be considered a natural monopoly' and a part 'b' focus on rail policy. I think it's more unlikely than more clearly defined questions, but not entirely inconceivable. Having said that, it's been a while since I sat the paper.

Reply 87

Adam92

13

Transport sounds boring :smile:

Reply 88

Awesome Lawson

does anyone have any idea how the essay question, if it is about sustainability, will be phrased? I can't imagine how they will phrase it and im sure at least one question will be about sustainability, the last extract is too long and unrelated to the others for them to not relate any questions to it.

Reply 89

Robofish

they'll probably be like discuss the varying policies to persue to sustainable growth

Reply 90

jkkk32

what policies would you talk about then?

Reply 91

Robofish

regulation, carbon pricing, subsidies but by the far best is permits

Reply 92

MCYan

13

Robofish

regulation, carbon pricing, subsidies but by the far best is permits

Is carbon pricing tradable permit??

Reply 93

MCYan

13

Robofish

regulation, carbon pricing, subsidies but by the far best is permits

Is carbon pricing tradable permit??

Reply 94

Robofish

MCYan

Is carbon pricing tradable permit??

carbon pricing is basically taxing firms on the level of their emissions

Reply 95

MCYan

13

Robofish

carbon pricing is basically taxing firms on the level of their emissions

Oh right, I got mixed up between them. I don't think we've never learnt it before, learnt tradable permit at AS. How could you evaluate for carbon pricing though? Is it like a part of regulation - similar?

Reply 96

Adam92

13

MCYan

Oh right, I got mixed up between them. I don't think we've never learnt it before, learnt tradable permit at AS. How could you evaluate for carbon pricing though? Is it like a part of regulation - similar?

To evaluate carbon pricing:
- it's difficult to accurately measure the level of CO2 emissions
- should the same price apply to all economies? Even developing ones who may struggle to grow whilst paying these prices
- what should the optimal price be?
- will it limit economic growth?

Reply 97

MCYan

13

Adam92

To evaluate carbon pricing:
- it's difficult to accurately measure the level of CO2 emissions
- should the same price apply to all economies? Even developing ones who may struggle to grow whilst paying these prices
- what should the optimal price be?
- will it limit economic growth?

Thank you, the name carbon pricing is pretty much self-explanatory really.