F581 OCR Economics May 18th

Economics exam discussion - share revision tips in preparation for GCSE, A Level and other economics and discuss how they went afterwards.

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  1. Clare1994's Avatar
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    (Original post by ashk9999)
    when doing a 18 mark essay question, is it necessary to involve a diagram?
    No but using one gets you into level 3

    This was posted from The Student Room's Android App on my GT-S5570
  2. timlewis101's Avatar
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    • Posts: 25
    Re: F581 OCR Economics May 18th
    I haven't looked at F581 in over a year. I'm just sitting to see if I can improve on my current 84. I doubt it considering I'm not prepared at all for this. Good Luck everyone!
  3. Damzzy's Avatar
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    Re: F581 OCR Economics May 18th
    Would my structures for questions be correct?

    Analyse:
    introduction
    points for
    points against
    conclusion

    Comment on:
    introduction
    points for
    points against
    my opinion in conclusion

    Discuss:
    introduction
    points for
    points against
    points for
    points again
    conclusion with opinion/extent
  4. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
    Remember you're Doctor Pepper and Salt and Pepper. Just to help you remember which way you're elasticity equations are
  5. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
    Oh and if people don't already know Tutot2u.net is an amazing website for economics stuff. I will post some links as I look through it of useful stuff
  6. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
  7. Clare1994's Avatar
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    (Original post by timlewis101)
    I haven't looked at F581 in over a year. I'm just sitting to see if I can improve on my current 84. I doubt it considering I'm not prepared at all for this. Good Luck everyone!
    So you got an a? What you get in the others? I got 2 bs at as but c in work and leisure

    This was posted from The Student Room's Android App on my GT-S5570
  8. Damzzy's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by timlewis101)
    Remember you're Doctor Pepper and Salt and Pepper. Just to help you remember which way you're elasticity equations are
    What's that??
  9. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by Clare1994)
    So you got an a? What you get in the others? I got 2 bs at as but c in work and leisure

    This was posted from The Student Room's Android App on my GT-S5570
    Yeh. I got 2 A's and B on F583 (think thats the leisure one). I'm resiting F582 as well but not F583 as it seemed my B was a decent grade on that paper and thats a bitch to revise for. So basically I'm seeing if I can claw some marks on 81 and 82.
  10. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by Damzzy)
    What's that??
    Doctor Pepper
    Price elasticity of demand = % change in Demand (Doctor) / % change in price (Pepper)

    Salt and Pepper
    Supply elasticity of demand = % change in Supply (Salt) / % change in price (Pepper)
  11. Damzzy's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by timlewis101)
    Doctor Pepper
    Price elasticity of demand = % change in Demand (Doctor) / % change in price (Pepper)

    Salt and Pepper
    Supply elasticity of demand = % change in Supply (Salt) / % change in price (Pepper)
    lol thanks, I've always remembered PED as you queue (% change in Quantity Demanded) / before you Pee (% change in Price)
  12. danlouisex's Avatar
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    Re: F581 OCR Economics May 18th
    Anyone know where i can find a list of definitions for this exam?!

    Pleaseeeeee
  13. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by danlouisex)
    Anyone know where i can find a list of definitions for this exam?!

    Pleaseeeeee
    Back of the as text book.
  14. timlewis101's Avatar
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    • Posts: 25
    Re: F581 OCR Economics May 18th
    Heres a link to an AS and A2 revision guide specifically for OCR economics. I'm gunna blast through it tonight.

    AS https://www.dropbox.com/s/pyntszym5s...ide-2011v2.pdf

    A2 https://www.dropbox.com/s/8m527htpzbkb3ag/ocr-2011.pdf
  15. Clare1994's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by timlewis101)
    Yeh. I got 2 A's and B on F583 (think thats the leisure one). I'm resiting F582 as well but not F583 as it seemed my B was a decent grade on that paper and thats a bitch to revise for. So basically I'm seeing if I can claw some marks on 81 and 82.
    Fair enough looking for an A overall then? I'm after a B and refused to resit work and leisure as i agree it's a bitch to revise for i really wouldn't of been surprised if i had got a C in that exam and as the unit we're doing tomorrow is the easiest i thought i might as well resit to gain extra marks as i currently need about 78% on the last exam to get a B overall.
  16. timlewis101's Avatar
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    Re: F581 OCR Economics May 18th
    Can someone remind me of the elasticity numbers please! ie what number means inelastic and which one means elastic. Thanks
  17. timlewis101's Avatar
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    • Posts: 25
    Re: F581 OCR Economics May 18th
    (Original post by Clare1994)
    Fair enough looking for an A overall then? I'm after a B and refused to resit work and leisure as i agree it's a bitch to revise for i really wouldn't of been surprised if i had got a C in that exam and as the unit we're doing tomorrow is the easiest i thought i might as well resit to gain extra marks as i currently need about 78% on the last exam to get a B overall.
    yeh an A. Good Luck tomorrow
  18. Clare1994's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by timlewis101)
    Can someone remind me of the elasticity numbers please! ie what number means inelastic and which one means elastic. Thanks
    Elastic- >1
    Inelastic- <1
    Perfectly inelastic- 0
  19. Clare1994's Avatar
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    Re: F581 OCR Economics May 18th
    (Original post by timlewis101)
    yeh an A. Good Luck tomorrow
    You too
  20. D_Roberts's Avatar
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    Re: F581 OCR Economics May 18th
    hey guys anyone got an idea as what to write in the 18 marker if something like market failure came up, I hateeeee that and would cry if I needed to write an essay on it!
    thanks!
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