OCR A Level Economics Paper 1 Microeconomics (H460/01) - 18th May 2023 [Exam Chat]

Welcome to the exam discussion thread for this exam. Introduce yourself! Let others know what you're aiming for in your exams, what you are struggling with in your revision or anything else.

Wishing you all the best of luck.

General Information
Date/Time: Thurs 18 May / AM
Length: 2h

Resources
OCR Economics
Well done everyone :smile:

Reply 45

d4ysbeforerodeo

3

Original post by S.ssa

did u not do the other way round so how the size of the firm influence eos where the questions was how important is eos in deciding the size of the firm. so i said it is important ans used examples of purchasing and techincal eos and said how a reduction in costs can allow the firm to decrease prices and inevstment which can allow the firm to grow

is doing it the other way a must?

Reply 46

Olivess345

2

Original post by To__j

which essays did you guys pick and how did you find them?

Did the negative externalities of smoking which was such a relief to see and provision of flood defences

Reply 47

Z.a. MathsecoRS

2

Original post by Tiago Ribeiro

yes I did EOS and DOS did you not to evaluate it by saying a different factor as to what else is important when considering expanding the firm?
Cause its stressing me the hell out bruh

Yeah then for my depends on I spoke about contestability of the market, level of regulation and firms business objectives, which will affect the level of economies of scale but feel as if that was a bit of a stretch how about urself

Reply 48

Z.a. MathsecoRS

2

Did anyone do the monopoly essay if so how did you structure it

Reply 49

S.ssa

6

im not 100% sure on what the structure is, its just what i think. i knew quite a few people doing kind of ur way as well so idk

Original post by d4ysbeforerodeo

is doing it the other way a must?

(edited 11 months ago)

Reply 50

PrincePhilip

1

Brother Idk what kind of 4 marker you got, but for OCR it was about transfer earnings and economic rent

Original post by Aks202929

the one about Cuban goverment and free market economy ahlie

Reply 51

S.ssa

6

for the analysis of the EOS what did u guys do

Reply 52

d4ysbeforerodeo

3

Original post by S.ssa

im not 100% sure on what the structure is, its just what i think. i knew quite a few people doing kind of ur way as well so idk

are they good at economics?

Reply 53

S.ssa

6

tbh idk i knew quite a few people who did my way and some people who did the other way

Original post by d4ysbeforerodeo

are they good at economics?

Reply 54

d4ysbeforerodeo

3

Original post by S.ssa

tbh idk i knew quite a few people who did my way and some people who did the other way

which way did the smarter people do?😭😭

Reply 55

S.ssa

6

i would say its an even split idk tho

Reply 56

S.ssa

6

I will ask my teacher tomorrow

Reply 57

To__j

10

I did - I did the intro then drew the diagram, did the cons first then did 2 pros then an evaluation in the conc
Wbu?

Original post by Z.a. MathsecoRS

Did anyone do the monopoly essay if so how did you structure it

Reply 58

Tyler.g6

Original post by Z.a. MathsecoRS

Did anyone do the monopoly essay if so how did you structure it

Definition of monopoly and collusive oligopolies( tacit and cartel)
Point for monopoly being disadvantageous, mine was that compared to the free market, allocation of good and services would be less and more expensive.
Evaluate
Another Point for, mine was that, collusion is likely to not be dynamically efficiently in the short run, as firms are unlikely to research into technology and stuff with their supernormal profit as they have no incentive to.
Evaluate
Point against, natural monopolies and that.
Judgement.

Reply 59

uglymember

9

Original post by S.ssa

did u not do the other way round so how the size of the firm influence eos where the questions was how important is eos in deciding the size of the firm. so i said it is important ans used examples of purchasing and techincal eos and said how a reduction in costs can allow the firm to decrease prices and inevstment which can allow the firm to grow

I did it the same way too

OCR A Level Economics Paper 1 Microeconomics (H460/01) - 18th May 2023 [Exam Chat]

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