So dev Econ basically linking to Econ growth and Dev right, so when you get Econ growth you get neg ext in prod, that's an example. It doesn't have to be a 50/50spit of micro and macro. Often it's actually more macro biased, paper 3.

Reply 52

juicygcse

13

Original post by chomskylover

How would development be tied into microeconomics tho?

They don't have to tie into both I don't think, it's just that topics from both sides of the course could come up. But also inequality and stuff is in micro so that could tie in. Anyway, development kind of came up already in essay 3 for macro talking about living standards? I mean I didn't answer that question but it seemed kind of like a development question but worded differently

Reply 53

username6192087

6

Could get a question on protectionism and competition within markets, who knows

Original post by juicygcse

They don't have to tie into both I don't think, it's just that topics from both sides of the course could come up. But also inequality and stuff is in micro so that could tie in. Anyway, development kind of came up already in essay 3 for macro talking about living standards? I mean I didn't answer that question but it seemed kind of like a development question but worded differently

Reply 54

Llawyer123

10

Original post by juicygcse

They don't have to tie into both I don't think, it's just that topics from both sides of the course could come up. But also inequality and stuff is in micro so that could tie in. Anyway, development kind of came up already in essay 3 for macro talking about living standards? I mean I didn't answer that question but it seemed kind of like a development question but worded differently

Living standards is 1 small bit of Econ dev, so I don't think that q was abt Econ dev, cos the q was about Econ growth and living standards, which is a diff topic. A dev q is always easy to spot, often about FDI, AID, developing countries, etc

Reply 55

zaheenn

3

can i get away with not even touching financial markets for revision lol

Reply 56

juicygcse

13

Original post by Llawyer123

Living standards is 1 small bit of Econ dev, so I don't think that q was abt Econ dev, cos the q was about Econ growth and living standards, which is a diff topic. A dev q is always easy to spot, often about FDI, AID, developing countries, etc

Fair enough, like I said I didn't answer it and our teacher covered both topics together so I don't really understand the difference lol. Wouldn't mind a development question coming up so I'm not mad

Reply 57

Ndidmdk

4

What are the main things you guys are gonna revise tonight?

Don't want to miss out anything but I am gonna practise a bunch of MCQs including the videos by econplusdal!

is paper 3 mostly macro and we just need to thread micro effects in as well?

any last minute tips?

Reply 58

^MISSF^

7

Does anyone know what credit is and in which topics it comes up?