AQA A Level Economics Paper 2 (7136/2) -22th May 2023 [Exam Chat]

Original post by Kate005

Hi,
This may be a bit late. I'm not completely sure but there has been some possible debate of globalisation appearing. This is because apparently, they haven't asked it yet, I'm not completely sure if it has appeared or not. I did look through 2-3 of the most recent ones and there was nothing on there, so you never know. Personally, it's not really a topic that I'm comfortable with but I also did see someone else mention that globalisation was predicted by their teacher. My teacher said that there is a possibility of it appearing but again it's only a possibility and this hasn't been one of the topics that have been discussed in Econplus Dal's ' Hot Topic' video. This also hasn't been discussed with other economics YouTubers. Anyway, I don't know if this was helpful but I wish the very best to everyone.

Good luck with paper two guys :smile:

it was a 25 mark last year so I don't think it will come up as a massive topic

Reply 62

Kahabaja

1

Hi does anyone have any ideas of questions they could ask about protectionism? A lot of people are saying it’s likely to come up

Reply 63

^MISSF^

Original post by Half human

It's more to show that policies that are aimed to increase AD will not necessarily cause a fall in the natural rate of unemployment, and inflation is the main reason for this. But remember, this is only focusing on the natural rate of unemployment, not all types of unemployment. High inflation (depending on the cause) can definitely cause an increase in cyclical unemployment

How does high inflation increases cyclical unemployment? Thanks for the rest of explanation

Reply 64

Llawyer123

Original post by Kahabaja

Hi does anyone have any ideas of questions they could ask about protectionism? A lot of people are saying it’s likely to come up

It'll just be about like tarriffs, how they affect imports. Free trade vs protectionism, etc quotes, trade subsides. Just do a few papers and you'll see they ask similar things a lot of the times tbf

Reply 65

HI
does anyone know if you can get level 3/4 (whichevers the highest one cant remember) on 25 markers if you only have 2 points (fully developed, one for, one against with eval and a conclusion)
or is it just maxed at 15 or whatever
THANKS

Reply 66

Tomorii

1

Can anyone please let me know what real world context I could use for protectionism question? Thanks

Reply 67

Llawyer123

Original post by pk027

HI
does anyone know if you can get level 3/4 (whichevers the highest one cant remember) on 25 markers if you only have 2 points (fully developed, one for, one against with eval and a conclusion)
or is it just maxed at 15 or whatever
THANKS

Yes, you can

Reply 68

Original post by Llawyer123

Yes, you can

tysm

Reply 69

Idk if this is dumb but why does lower corporation tax attract FDI?

Reply 70

Original post by siviplay22

Idk if this is dumb but why does lower corporation tax attract FDI?

This is one thing I can never seem to find a proper answer for since FDI is firms making investments in another country why would the corporation tax of the firm be important ?

Reply 71

Llawyer123

Original post by siviplay22

Idk if this is dumb but why does lower corporation tax attract FDI?

Simple answer is, no one likes paying tax. Do you? Neither do firms, therefore they'll set up there. Fdi also includes skilled labour, wouldn't you like low income tax.

Reply 72

Original post by Llawyer123

Simple answer is, no one likes paying tax. Do you? Neither do firms, therefore they'll set up there. Fdi also includes skilled labour, wouldn't you like low income tax.

Wait so FDI is firms setting up in another country’s ??? The aqa definition is when firms in one country make investments into another country.

Reply 73

Original post by siviplay22

Wait so FDI is firms setting up in another country’s ??? The aqa definition is when firms in one country make investments into another country.

Or is the investment the country in general as in them setting up there ?

Reply 74

memeister27

Original post by pk027

HI
does anyone know if you can get level 3/4 (whichevers the highest one cant remember) on 25 markers if you only have 2 points (fully developed, one for, one against with eval and a conclusion)
or is it just maxed at 15 or whatever
THANKS

No way they are capping you at 15 for 2 points that's not how their marking works. It's all about depth of analysis, so 2 points is likely better because you'll probably have gone a lot deeper into explaining chains of reasoning and eval. Make sure to have a conclusion weighing up either point you made tho

Reply 75

16bhatam

Original post by Tomorii

Can anyone please let me know what real world context I could use for protectionism question? Thanks

china vs usa trade wars

Reply 76

Original post by memeister27

No way they are capping you at 15 for 2 points that's not how their marking works. It's all about depth of analysis, so 2 points is likely better because you'll probably have gone a lot deeper into explaining chains of reasoning and eval. Make sure to have a conclusion weighing up either point you made tho

ok thank you!!
i just took a look at the simplified ms we were given and it says level 5 is IDEALLY 3 points, put even if my 2 points weren't good enough for L5, Lv4 is capped at 20 marks which is still pretty good
ms says 3-4 fully developed points in a conclusion, what do they mean by fully developed (considering its a conclusion) / how do u guys structure yours???

Reply 77

Rajeshi

3

Can I see this unofficial ms??

Reply 78