AQA GCE Unit 1 Economics 20th May - Discussion thread

I had a similar type of structure to yours. however my government intervention point were different. i wrote about houses being merit goods and that the government can impose a maximum price. (the extract mentioned something about somepeople not being able to afford houses) therefore the max price scheme was a good method. i also talked about subsidies to house builders..thus allowing them to produce more at lower prices (hence allowing more people to purchase houses)

i then went onto the evaluation where i have the pros and cons of gov intervention(i included government failure here) and offered an alternative (market mechanism and also talk about its pros and cons i.e market faiulure due to information failure or inequality (uneven dist of income)..i think i also talked about free rider problem...

Is it still possible to get around a low B if the multiple choice questions were answered very badly (as in, as low as 10 correct) but the data response was answered very well? Very well meaning either full marks or close to full marks on A, B and C, and with a good essay for D.

Yes.

I'm sure the govt. could impose min prices if it suits their objectives i.e. dist of income despite it not being a neg ext. It's a price control nonetheless and extract C didn't stipulate u had to use max price limits. O well Im sure writing about regulation, subsidies would have get me quite a few marks.

What did u write for evaluation btw? I wrote opp cost, market forces, govt. failure, unsure of right amount of subsidy due to elasticity of demand curve.

Thanks, it's just that the grade boundaries from last year say that if you don't get a certain amount of marks in the multiple choice, you won't be able to get a certain grade overall.

I dont think what you said was true...it doesnt matter what mark you get in multiple choice, you still have a chance of getting an A overall. for instance, you can get 15 on multiple choice and make up for it in section 2...this may still get you an A overall.

What points did people do for the alchol graph? I made 2- first one that the percentage of ppl drinking alchol was highest aged 21-22 and quoted a figure. Then I put the percentage of heavy and moderate drinkers were also highest for 21-25 figures and quote the exact percentage of the highest drinkers.

In response, for the 8 marker i did, the largest ranges of each category i think and also said they all increased from 12 - 25 year olds?!?

I found that 8 marker really quite hard to do

for 26D, the houses essay... can you write about interest rates...even though it is part of the other unit?

Please can someone who has the copy post it here to message me please, i really want a copy of the paper, thnx :P

In response, for the 8 marker i did, the largest ranges of each category i think and also said they all increased from 12 - 25 year olds?!?

I found that 8 marker really quite hard to do

for 26D, the houses essay... can you write about interest rates...even though it is part of the other unit?

One of the MC gave some figures about the income of the poors and riches, was the distribution of income became more unequal the correct answer?

Also for the very first question about ppf, was GJ(I think) being sacrificed the correct answer?

Was it 2 points of comparison or 2 poInts of signifcance? I think for signficance yours would get the full 8. I am worried maybe it might have been comparison.

Was it 2 points of comparison or 2 poInts of signifcance? I think for signficance yours would get the full 8. I am worried maybe it might have been comparison.