AS econ edexcel exam 2022/ 16 may

yh usually econ maths qs are so easy but this one actually required more brain
which section did u start with?
i started with a and made a mistake

the 6 marker was basically the opposite of a public good right? so it was rivalry and excludable. the 4 marker i got like 700 thousand or something you needed to find percentage change which was -0.16

yh same but for evaulation, i said in long term, their supply is diminished so theyre not acting rationally enough to think about long term consequences

i should of mentioned that for my evaluation. dont you feel like section A was shorter than usual?

i went in order so started with A. How did you find the 10 marker? i had nothing to talk about so i just did defintion of negative ext one point and one evaluation, my point was that its rational for firms to act like that since they want to maximise profits

hehe i found it longer coz i spent too much time on section b.
but many people in my school said section a was harder than old past papers ? idk

did u guys realise fish stocks was an old case study used in a previous past paper? i didnt do the paper though

no way looool, what paper?

the 10 markers was easy, you just had to talk about how it rational in the short run because they were catching as many fish as they can and in the long run it was irrational because they were not thinking about the long term effects cause like theyll be overfishing so they wont have much fish in the long run and theres also the environmental effect of it

no way looool, what paper?

i did suttin like that maybe 6-7 marks for that one. functions of money wasnt even on the advanced info

here look
https://qualifications.pearson.com/content/dam/pdf/A%20Level/Economics/2013/Exam%20materials/6EC01_01_que_20130115.pdf

its quite similar, like wouldve helped if done it

yh i just saw it now, but that means they should do something similar for macro

nahh pretty sure it was, went under 1.1.5 Specialisation and the division of labour

yh i just saw it now, but that means they should do something similar for macro

what do u mean similar for macro?
similar case study or previosu papers

you right. i said that people can store their bitcoins as assets that can depreciate or apreciate overtime, that goes under store of value so i should be good

i said the exact same thing but less fancy words, which is my actual problem in econ, i dont use those fancy words enouogh

you right. i said that people can store their bitcoins as assets that can depreciate or apreciate overtime, that goes under store of value so i should be good

i said the exact same thing but less fancy words, which is my actual problem in econ, i dont use those fancy words enouogh