[tornzy]

(Original post by Jtn Star)
One more:

- Transport providers might not be able to recognise the external benefits.

Just to point out that there is a change in the mark allocation for this question since January 2012:
- 2 marks for analysis
- 4 marks for evaluation
- 2 marks for evaluative conclusion

Oh s*** :/ In that case i woulda lost two marks on that question

[tornzy]

(Original post by Jtn Star)
How are my points? I kind of relate them together to strengthen my analysis.

Your points are correct, how many analytic paragraphs did you do?

[Jtn Star]

(Original post by tornzy)
Oh s*** :/ In that case i woulda lost two marks on that question

Just to ask, what are you module scores for Economics so far?

[Jtn Star]

(Original post by tornzy)
Your points are correct, how many analytic paragraphs did you do?

About 4, 2 reasonable and 2 good ones

[ray_charlene]

(Original post by tornzy)
what did you write

didnt revise this topic so everything was brief
I'll probably get 1-2 marks for that question

[blackstarz245]

for the fixed and variable costs, what did everyone write?
I said salaries for employees are fixed and fuel costs are variable

[ray_charlene]

(Original post by blackstarz245)
for the fixed and variable costs, what did everyone write?
I said salaries for employees are fixed and fuel costs are variable

lol i said rent for airplane parking slots is fixed and petrol (darn couldnt remember the word fuel! ) costs are variable

[blackstarz245]

(Original post by ray_charlene)
lol i said rent for airplane parking slots is fixed and petrol (darn couldnt remember the word fuel! ) costs are variable

lol that should still be good

which essay question did u pick? i did 2, but everyone else seems to have done 3

[OnimushaGTA]

(Original post by blackstarz245)
lol that should still be good

which essay question did u pick? i did 2, but everyone else seems to have done 3

Haha, I did 2
What did you talk about for part a? Part b was fineee

[cricket66]

i did 2 as well, noone seems to have! part a i wrote about compensation criteria such as the cost of double glazing etc, for time lost multiplying lost hours by average wage rate, cost of accidents including the cost of repair.

[ray_charlene]

(Original post by blackstarz245)
lol that should still be good

which essay question did u pick? i did 2, but everyone else seems to have done 3

i did 3 as well, almost the whole paper was not what I expected
so monopoly was the only topic that I was quite familiar with.
Didn't have a 'choice' haha..
Is 2 the one about putting value on externalities? How about the 2nd part?

[OnimushaGTA]

(Original post by cricket66)
i did 2 as well, noone seems to have! part a i wrote about compensation criteria such as the cost of double glazing etc, for time lost multiplying lost hours by average wage rate, cost of accidents including the cost of repair.

I can safely say I messed up part a :L
I started talking about COBA (cost benefit analysis) and explained how it works and tried to analysed how they attach cost to it.

In the end I ended putting some AO4 in there as how you cannot attach monetary values to it..etc

[OnimushaGTA]

(Original post by ray_charlene)
i did 3 as well, almost the whole paper was not what I expected
so monopoly was the only topic that I was quite familiar with.
Didn't have a 'choice' haha..
Is 2 the one about putting value on externalities? How about the 2nd part?

Yeah, the second part was about the effectiveness of subsidises in correcting M.failure!

[Andrew1994]

(Original post by OnimushaGTA)
I can safely say I messed up part a :L
I started talking about COBA (cost benefit analysis) and explained how it works and tried to analysed how they attach cost to it.

In the end I ended putting some AO4 in there as how you cannot attach monetary values to it..etc

I wrote about COBA too, wrote about road pricing as well


This was posted from The Student Room's iPhone/iPad App

[cricket66]

(Original post by OnimushaGTA)
I can safely say I messed up part a :L
I started talking about COBA (cost benefit analysis) and explained how it works and tried to analysed how they attach cost to it.

In the end I ended putting some AO4 in there as how you cannot attach monetary values to it..etc

i could very easily be wrong, not feeling confident at all! i just thought it seemed to stress importance on how they put monetary values on. it also seemed to hint that it wanted you to focus on congestion and noise pollution. it was a real b*gger of a question really, as the new mark scheme says you need to deeply analyse 2 or more points. exactly how far can you analyse the methods was what got me

[blackstarz245]

(Original post by OnimushaGTA)
I can safely say I messed up part a :L
I started talking about COBA (cost benefit analysis) and explained how it works and tried to analysed how they attach cost to it.

In the end I ended putting some AO4 in there as how you cannot attach monetary values to it..etc

no don't worry you could have talked about CBA (cost benefit analysis) or COBA (COst benefit analysis-computer model), and i talked about CBA and how it is difficult to place a monetary value on externalities, etc

[OnimushaGTA]

(Original post by cricket66)
i could very easily be wrong, not feeling confident at all! i just thought it seemed to stress importance on how they put monetary values on. it also seemed to hint that it wanted you to focus on congestion and noise pollution. it was a real b*gger of a question really, as the new mark scheme says you need to deeply analyse 2 or more points. exactly how far can you analyse the methods was what got me

Yeah same, this is the part I feel I lost the most marks in, apart from the 8marker earlier!

Had no clue what the Open Skies thing was so talked about the bus market :L

[cricket66]

the question asked how they attatch monetary values, not to discuss the effectiveness of cba. analyse, not discuss.

[OnimushaGTA]

(Original post by blackstarz245)
no don't worry you could have talked about CBA (cost benefit analysis) or COBA (COst benefit analysis-computer model), and i talked about CBA and how it is difficult to place a monetary value on externalities, etc

I mentioned both but palpably explained that COBA was the model used in transport markets and carried on from there!
I just explained the things such as time savings cost..etc; I found it hard to analyse deeply without A04 in my opinion (although I did put it in there at the end)

[pkon9kai]

guys,does anyone want how to answer question 3(b), i am not quite sure what should be answered.