OCR Economics F582 (new spec.) DISCUSSION.

The thing is, it wasn't talking about government policy.

47/60 for an A is quite reasonable. It's, what, 78 per cent or so?

true but increases in aggregate demand are sometimes cause by expansionary policies...
dnt scare me.. please say some1 else spoke about expansionary policies

what mark will you need to get 300/300. do you actually need ALL the marks?

I mentioned them in one of my final paragraphs - it depends on what caused AD to increase. It wasn't the basis of my whole essay though..

yh yh.. i spoke about it quite a bit thought maybe too much :s. oo no im scared now!!!. then agian ive doen the exam n got the gyst of the last question.. so hopefully the examiner will understand what i meant....

true but increases in aggregate demand are sometimes cause by expansionary policies...
dnt scare me.. please say some1 else spoke about expansionary policies

I wrote about it in my opening paragraph, saying that these policies can cause AD to rise, along with a definition of AD. You need to put in simple stuff to get level 1 and 2 before achieving levels 3 and 4. Did everyone outline and introduce the essay this way?

I introduced it with a definition, and the AD identity.

If I wrote 10/7 for the PED calculation instead of 4.2 do u think I will lose a mark ? As all the other estimates were to 1dp ?

Just wondering what did people write for the question near the beginning using fig1 with the unemployment rates using the low and high claimant count and ILO version question where you had to compare?

Also the question on the data, fig2 where you had to compare balance of payments position?

For the questions on the components of AD did we literally just to have to state them or explain them? it was only one mark so hope that was fine

For inflation costs i put menu costs and fiscal drag, you could have put a number of different things though

For the factors that afect consumer expenditure, i put lower interest rates and confidence as the two reasons. Not sure i did enough to get the three marks on each though. You could have put many different reasons though.

what did you write for the 18 mark essay??

and for effectiveness of supply side policy? do we get marks for at first mentioning how the supply side policy improved the balance of payments, not just marks for effectiveness, as i had barely any evaluative points?