Edexcel Economics and Business Unit 4B: The Wider Economic Environment and Business
Economics exam discussion - share revision tips in preparation for GCSE, A Level and other economics and discuss how they went afterwards.
-
Re: Edexcel Economics and Business Unit 4b 21/06/2012As tempting as that offer sounds, I live miles away, so the brownies will probly go bad when they finally reach me :P Its alright, anytime.(Original post by ezelvyte93)
I really hope you realise I'm not kidding about the brownies!!
I will be forever thankful for all of this!! Thank you thank you thank youu!!!
)
It was good revision for me anyway.
Good luck for tomo.
-
Re: Edexcel Economics and Business Unit 4b 21/06/2012I have my last 2 exams tomorrow, once these are out of the way you are welcome to come to London, I'll give you a tour and as many brownies as you like!! You've been really helpful!(Original post by Trollolollol)
Do I get brownies for referring noggster and making him give you notes ^^. I will come to london just for the brownies
This was posted from The Student Room's iPhone/iPad App
)
-
Re: Edexcel Economics and Business Unit 4b 21/06/2012really?! Damn, I dont get the E and F ones, I haven't managed to find much info about it..:/(Original post by Perseverance)
Have a feeling the macroeconomic stuff won't come up as a lot of that (inflation/monetary) came up in January.
Likely something to do with evidences: C, E and F and possible A for a smaller question. Perhaps something on subsidies for buses/roads as merit goods/road pricing
But yeah..I think externalities and subsidies and public transport too..
do you think they will do Fuel alternatives as well? Like evidence H? -
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and BusineWhat do you think is going to come up, I'm dreading this exam I never quite know how to break down the marks and apply my knowledge to get full marks.(Original post by Cabyo)
Currently cramming!
Any tips to do well?
-
Re: Edexcel Economics and Business Unit 4b 21/06/2012Evidence H very unlikely as they did a lot on it last time. Evidence E and F are commenting mainly on the private benefits of cars but also how it divides society (link to inequality).(Original post by Kiweefruit)
really?! Damn, I dont get the E and F ones, I haven't managed to find much info about it..:/
But yeah..I think externalities and subsidies and public transport too..
do you think they will do Fuel alternatives as well? Like evidence H? -
Re: Edexcel Economics and Business Unit 4b 21/06/2012
Guys what should I know about government intervention?
What I Know is that:
1. Government intervenes to correct market failure
2. To protect consumers from monopoly like powers
What are the drawbacks of govt. intervention?
How do I apply to case study?
What are the roles for OFT and CC and EU CC in road transport???
How does inequality contribute to market failure and how does providing bus services lead to equity???]\
WILL GIVE A +REP! -
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and Busine
Omg someone reply quick! I have NO idea why people are talking about BROADCASTING? Where did that come from!? Is that suppose to come in the exams extra evidence or is that in your pre-release case study? Because then I don't have the same case studies as you guys :/
-
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and BusineCalm down first of all. We're given an extra piece of evidence I was told in the exam. I don't know anything about broadcasting. :/(Original post by kayjay9)
Omg someone reply quick! I have NO idea why people are talking about BROADCASTING? Where did that come from!? Is that suppose to come in the exams extra evidence or is that in your pre-release case study? Because then I don't have the same case studies as you guys :/ -
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and BusineSit back and relax!!! Broadcasting was last years pre-release!! You are fine!! This thread has just been merged with last year, thats all it is I think!!!(Original post by kayjay9)
Omg someone reply quick! I have NO idea why people are talking about BROADCASTING? Where did that come from!? Is that suppose to come in the exams extra evidence or is that in your pre-release case study? Because then I don't have the same case studies as you guys :/ -
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and Busine% I think it was a ploy to drive us all insane. LOL(Original post by ezelvyte93)
Sit back and relax!!! Broadcasting was last years pre-release!! You are fine!! This thread has just been merged with last year, thats all it is I think!!!
:P Good luck everyone. -
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and BusineCould have been!! haha(Original post by Kiweefruit)
% I think it was a ploy to drive us all insane. LOL
:P Good luck everyone.
Good luck, and huge thatnk you to everyone for their help!!!!
)
-
Re: Edexcel Economics and Business Unit 4B: The Wider Economic Environment and Busine
30 markers meant how effective are like policies, such as subsidies, taxation and national road charging to correct market failure associated with the use of vehicles, e.g. emissions, pollution, inequality??????????????
20 marker was ****!
10 markers meant smth like how rising fuel prices contribute to inflation above target?? Maybe like, greater prices, such as imposition on trucs and diesel would increase their costs and hence passed on at higher prices to consumers??
Supply side policies are the government measures to affect efficiency and productivity of labour, e.g. diesel cheaper to trucks??
Fiscal are the general taxation and how it affect demand??
Why trucs are negative externalities? Because they are still vehicles. Therefore, thus mean that they produce congestion and great amount of emission, especially particulates, hence affecting health and environment?
I will be forever thankful for all of this!! Thank you thank you thank youu!!!
It was good revision for me anyway.