OCR GCSE Economics: A591, A592 and A593

Thanks I thought the boundaries were always the same! Are you saying they are not? :O I thought it was :
60% - C
70% - B
80% - A
90% - A*

No problem and I really don't know, I would assume that all exam boards would standardise to some degree, to allow for harder/easier papers, but I might be mistaken

Thanks I thought the boundaries were always the same! Are you saying they are not? :O I thought it was :
60% - C
70% - B
80% - A
90% - A*

Those are the rough estimates, but last year the raw marks were:
A591: A* - 51/60 A - 45/60
A592: A* - 52/60 A - 42/60
A593: A* - 70/80 A - 61/80

Those are the rough estimates, but last year the raw marks were:
A591: A* - 51/60 A - 45/60
A592: A* - 52/60 A - 42/60
A593: A* - 70/80 A - 61/80

Thanks for the follow Sure! Will have to do it later because my laptop doesnt like twitter

No problem Thanks!

It wasn't necessarily embargo or regulations, I don't think I think they were also looking for other ways to improve the international competitiveness of the country (e.g. budget surplus to reduce inflation, supply sides policies like increase education and training etc.)

a budget surplus would cause demand pull inflation :s

It wasn't necessarily embargo or regulations, I don't think I think they were also looking for other ways to improve the international competitiveness of the country (e.g. budget surplus to reduce inflation, supply sides policies like increase education and training etc.)

---

Really liked the paper, glad with the globalisation definition question due to the fact that I only bothered to learn the first half of them... Kinda of annoyed exchange rates did not come up as I revised them. Someone said the relative poverty question through them, for the first one you needed to use fig.11 which said 60.% of median income, then go on to say its when you can't offered to live the life people in your community live but you can put food on the table and have a bed to sleep in. Cause it was 4 marks to get a little extra in I quoted professor Townsend and said there excluded from ordinary living pattern. For the second part you needed to use figures from the graph as well as using your own knowledge about Greece, if you don't know anything you should no be doing gcse economics lol for the current account on the balance of payments I messed up because I only said the value of exports - imports and forgot to add net investment income and transaction costs... But yeah was a good paper hope everyone done well and good luck with the next exams guys

Wait, so for the question about balance of payments deficit was the question about ways to reduce the trade deficit, or the other methods of protectionism?

Ways to reduce the deficit. Tariffs and quotas are just to reduce imports and they both happen to be protectionist methods. They probably wanted you to think about other ways you could reduce imports or increase exports. Embargo's and Regulations are probably fine if you explained them in the next question though.

a budget surplus would cause demand pull inflation :s

Would it? With a budget surplus, the government would spend less and increase taxation. This would lead to less people having money in their pockets so demand would increase, hence reducing demand-pull inflation.

Would it? With a budget surplus, the government would spend less and increase taxation. This would lead to less people having money in their pockets so demand would increase, hence reducing demand-pull inflation.

You mean decrease lol and yes, you're right

yes thats correct, except demand would decrease.