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OCR Economics - Paper 3 -19th June 2008

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    Who's got this tommorow?

    I'm worried that i haven't revised enough, but otherwise i think i'm ok at economics, i've done every single past paper possible from 1999 to 2007, so i think i am pretty well prepared!

    If anyone has hard questions to ask, ask them here!

    -M
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    i do
    but ive done no past papers
    nd had about five lunch time lessons
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    Hmm, there seems to be 3 people out of the thousands on this forum that take OCR Economics!!!
    where are you! or are you busy revising!!!

    and how can you be taking economics rev_pain hardly any lessons... :|
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    good luck all
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    Ah the paper was good!
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    yeah i agree that test was brilliant
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    What are we supposed to revise for the case study paper on monday 23 rd june
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    umm the case study booklet? and any obvious questions - i dont know, i havent really looked at it myself
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    (Original post by LiveLife)
    umm the case study booklet? and any obvious questions - i dont know, i havent really looked at it myself
    There will be a break even thing.
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    is the next exam set out the same as that one?

    (Original post by neomilan)
    and how can you be taking economics rev_pain hardly any lessons... :|
    with difficulty
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    i found the paper okayy, quite hard thoughhh. what will be an A, about 67% over 2 papers? i just hope they can read writing well lol
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    it wasn't bad! only the last question and a few little bits in between were hard

    A* will be 77to80% that's all i know
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    This paper was easy, i thought. Next paper is generally harder and we have to think on spot. On this one, we were already prepared from b4.
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    (Original post by neomilan)
    it wasn't bad! only the last question and a few little bits in between were hard
    what was hard about the last question? wasnt tht just features of the two taxes?:suitc: :suitd:
    mr.mehta
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    (Original post by andrew.P)
    what was hard about the last question? wasnt tht just features of the two taxes?:suitc: :suitd:
    mr.mehta
    it was more than that Mr powell
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    what are the features of the 2 taxes?
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    You just need to say direct tax- progressive - fair - lack of incentives - productivity down - can predict how much revenue received etc.

    then indirect - regressive - demerit goods- cant predict revenue - inflation blah

    then overall
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    yeah, it would have been grrreat if i wrote all that!!!!
    i know i flopped that last one :|
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    (Original post by andrew.P)
    You just need to say direct tax- progressive - fair - lack of incentives - productivity down - can predict how much revenue received etc.

    then indirect - regressive - demerit goods- cant predict revenue - inflation blah

    then overall
    I just wrote it should be direct as you can target higher earners. Indirect tax would mean even single mothers would have to pay the tax etc.

    I had 10 minutes left, so I decided to write that Indirect tax could create poverty in the streets; this would mean tourists would rather go elsewhere. This would be bad for the balance of payments as we would be importing far more than we are exporting, and this would mean huge government debt. This could be the government reduces spending money on the economy, which could lead to a recession. This recession would low consumer confidence... blah blah lol.
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    what did people put for the 3 reasons why the car factory located in slovakia??

    i put: cheaper labour
    lower taxes
    competitive market.. .. ..

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Updated: June 20, 2008
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