They could ask "what effects would hosting the Olympics have on 3 UK macroeconomic objectives?(40)".
In Jan 12 the questions were "Assess the likely impact of UK government labour market polices on any three macroeconomic objectives." and "Evaluate the likely impact of higher inflation on three macroeconomic objectives."
June 11 asked "discuss the fiscal and supply side policies the UK government could pursue to reduce the rate of unemployment." and "to what extent might rapid economic growth conflict with at least two other macroeconomic objectives." All questions are worth 30 marks.
Any fresh predictions based on past questions? Exchange rates was on Jan 11 by the way.
That would be quite a challenging question. Possibly another one on the olympics..."Evaluate the conflicts between macroeconomic objectives caused by the olympics" though it is similar to the June 11 question. If it was the olympics, I think a 16 mark question might be on the wealth effect caused by increased property prices in the olympic area.
Looking at the Macroeconomics objectives...Growth was done june 11, Inflation was done Jan 12, Unemployment was done June 11 and Balance of payments was done Jan11.
The others left are Income distribution and the environment.
So, "Evaluate the use of government policies to improve income distribution."
And maybe "Evaluate the use of government policies to improve the environment."
There are so many possibilities...
The passage might say consumption is low and then it might say "Evaluate the use of demand side policies to increase consumption" and the same question can be used for Investment aswell.
Does anyone have a list of definitions for unit 2 edexcel? And btw, if anyone is up for it, we can group study on msn - exchange ideas, brainstorm, discuss, check eachothers notes etc by chatting. If anyones interested lmk by PM, looking for more people.