What essay question do you think has a high chance of coming up in the F582 January 2013 paper. Potential 18 Marks to pocket, if we are prepared. ??
I'm also taking this exam, last year it was heavily based on inflation and supply side policies..so I'm guessing that won't come up a lot this year, Monetary policy and Fiscal may come up in the essay questions.. For example 'Discuss the impacts of a rise in the rate of interest on Aggregate Demand' For the past months I've just done all the f582 papers from the beginning an reading mark schemes..right now I'm just briefing notes and doing chapter review questions in relation to the Economics OCR textbook.
I'm also taking this exam, last year it was heavily based on inflation and supply side policies..so I'm guessing that won't come up a lot this year, Monetary policy and Fiscal may come up in the essay questions.. For example 'Discuss the impacts of a rise in the rate of interest on Aggregate Demand' For the past months I've just done all the f582 papers from the beginning an reading mark schemes..right now I'm just briefing notes and doing chapter review questions in relation to the Economics OCR textbook.
Monetary policies, taxation, ROI, demand pull inflation and unemployment spend last 3 hours going through past papers, making predictions strong risk to choose one with so little time
18 marker was such a pain in the ass I came up with these evaluative points however: -depends on how much the AS has reduced by -depends upon the initial position of AS in relation to AD -depends on the cause
I thought the short questions were quite difficult too compared to the previous ones hoping for low boundaries
I put problems such as CA deficit Unemployment therefore lower tax, output Inflation Recession
L4 I did pretty much the same as above Depends on position of AD Depends whether it affects other countries therefore no ca deficit Could be beneficial if large output gap as it makes it easier to achieve inflation target
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