AQA A2 Economics Unit 3 - 12th June 2012 PM

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. tarek1's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by Mizz_S)
    hey, i think i PMed you back with what substitution and income effect were
    I didn't get a message, but I've figured it out now, don't worry about. Thanks anyway
  2. Mizz_S's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by tarek1)
    I didn't get a message, but I've figured it out now, don't worry about. Thanks anyway
    okies
  3. 1L8A7D9's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Are there any complete monopolies in the UK? I know there are some regional monopolies, such as with the water boards, but are there any ful monopolies in any market across the UK?


    Also, one more question, regarding the factors of production. Land, labour, capital, entrepeneurship.
    Does 'land' cover resources? EG, with a building firm, would a van, tools etc come under land?
  4. royraymondo's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Hey guys I have uploaded Jan 12 paper along with mark scheme. Post numbers 56 & 57 respectively.
  5. theseeker's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by royraymondo)
    Hey guys I have uploaded Jan 12 paper along with mark scheme. Post numbers 56 & 57 respectively.
    Thanks do you have unit 4?
  6. royraymondo's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
  7. sweetascandy's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by 1L8A7D9)
    Are there any complete monopolies in the UK? I know there are some regional monopolies, such as with the water boards, but are there any ful monopolies in any market across the UK?


    Also, one more question, regarding the factors of production. Land, labour, capital, entrepeneurship.
    Does 'land' cover resources? EG, with a building firm, would a van, tools etc come under land?
    Wouldn't a van and tools come with capital as opposed to land?
  8. 1L8A7D9's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by sweetascandy)
    Wouldn't a van and tools come with capital as opposed to land?
    Yes it does, sorry I'm getting confused.
  9. tarek1's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Something I don't quite understand (im an external student btw). Why is there a global context and an EU context when there is nothing on globalisation or the EU in Unit 3.
  10. Moiraclaire's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by 1L8A7D9)
    Are there any complete monopolies in the UK? I know there are some regional monopolies, such as with the water boards, but are there any ful monopolies in any market across the UK?


    Also, one more question, regarding the factors of production. Land, labour, capital, entrepeneurship.
    Does 'land' cover resources? EG, with a building firm, would a van, tools etc come under land?
    land can always be thought of as "the site upon which"
    none of that comes under land.

    Microsoft provides 96% of home operating systems - something in the 90s anyway.

    I'm sure there must be a few very small markets where there is only one producer of a good. E.g. the people coming on dragon's den. But no significant pure national monopolies that come to mind.
  11. ameena.milly's Avatar
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    (Original post by tarek1)
    Something I don't quite understand (im an external student btw). Why is there a global context and an EU context when there is nothing on globalisation or the EU in Unit 3.
    You should look at previous mark schemes.

    I am an external student as well.

    For eu questions can come up about things like labour market - about labour policies and things like competition policy in eu.

    For global questions things can come up like market structures and distribution of income like poverty around the world.

    I think that's right not 100%.


    This was posted from The Student Room's iPad App
  12. Noble1's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Anyone who can give ideas for evaluation for unit 3 it would be really useful!!
  13. royraymondo's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    This is useful for evaluation:
    Evaluation - A2 Lesson WEESTEPS ~(HABS)(1).ppt
  14. sweetascandy's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Our teachers have decided not to teach us labour markets, so I feel like I'm at a disadvantage How is everyone revising... just past papers?

    (Original post by royraymondo)
    This is useful for evaluation:Evaluation - A2 Lesson WEESTEPS ~(HABS)(1).ppt
    Do you have this in pdf/word form.. I haven't got round to downloading ppt on my lappie yet
  15. royraymondo's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by sweetascandy)
    Our teachers have decided not to teach us labour markets, so I feel like I'm at a disadvantage How is everyone revising... just past papers?


    Do you have this in pdf/word form.. I haven't got round to downloading ppt on my lappie yet
    Evaluation econ A2.docx

    I just copied the slides on to Microsoft Word so it might be a bit messy.
  16. sweetascandy's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by royraymondo)
    Evaluation econ A2.docx

    I just copied the slides on to Microsoft Word so it might be a bit messy.
    Thank you so much!
    +rep gone your way
  17. rlouisea's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Has anyone's teachers had a guess at what data response questions might come up this year?
  18. Hackett's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    Any topics is particular that people are finding difficult?
  19. Noble1's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    (Original post by royraymondo)
    This is useful for evaluation:
    Evaluation - A2 Lesson WEESTEPS ~(HABS)(1).ppt

    Thanks
  20. JJAS's Avatar
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    Re: AQA A2 Economics Unit 3 - 12th June 2012 PM
    I understand the difference between income and wealth, but don't really understand how you are able to redistibute wealth. I understood wealth to be a stock of assets such as land, property etc, so i don't understand how it could be redistributed

    can anyone help me out?
    Last edited by JJAS; 08-06-2012 at 11:58.
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