F582 - OCR 18th January 2012

Started revision today; my teacher reckons the last question will involve taxes of some kind.

Does anyone have the tutor2u hand out or any cool websites to visit? please x

Is it even useful to do papers that was the old specification?

I have 2 good revision guides I can send you. PM me your email.



Yes, of course its useful. Are you doing past papers?

Yh I'm doing past papers now. How are you revising this?

I think the last question is going to be something on or to do with the balance of payments as it would have been a current issue around the time when the paper would have been written. Taxes is also an option.

As for a few of the shorter questions, i am expecting difficulties is measuring GDP and possibly the definition for GNP as it is a left wing answer that hasn't come up in a while. Think they may also ask us to differentiate between actual and potential economic growth as well.

As long as the essay isn't on BoP/CA, i'm cool.

Any of the other 3 main macro objectives linked with any policy, and i'll be happy.

Won't be, June 2011 was about the current account.

Nope. The june 11 Q was:
Discuss the effectiveness of lowering the rate of interest in order to stimulate economic growth.

That has nothing to do with BoP/CA really.