F581/ F582 Economics June 2013

Reply 980

May-o2q

14

Guys does anyone have the modal answer for the f581 exam?

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Reply 981

May-o2q

14

I got the modal answer, anyone would like to see?

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Reply 982

mandem2k11

11

Original post by May-o2q

I got the modal answer, anyone would like to see?

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As in like an unofficial mark scheme?

Anyine else doing F585 global or f584 transport? Both r suicidal feel im gonna fail rhem both...only just started them they look horrible , exams in only 3weeks too

Reply 983

mandem2k11

11

Original post by nickhayes

What did people put for the allocative efficiency definition? it can be worded in weird ways so just want an opinion.

Also, with the consumer surplus diagram, I just did a demand curve, would that be credited??

When scarce resources are allocated to produce precisely the goods which maximise consumer satisfaction and they desire

Yes therecis no need for a supply curve. As long as you labeled the original CS, the new CS and the change in CS clearly youll be fine

Reply 984

Rickrossmmg

Original post by Nerd2

Ricky Rozay, are you doing transport economics this year?

No sorry. Why do you ask?

Reply 985

Nerd2

18

Original post by Rickrossmmg

No sorry. Why do you ask?

Hardly anyone else is doing transport economics, would love to discuss the exam, bu it seems like everyone is doing Global Economy.

Reply 986

nickhayes

Cheers mandem. With allocative efficiency definition though, would 'when the market operates at productive efficiency and firms produc goods that consumers actually want and demand' be ok?

Reply 987

Rickrossmmg

Original post by May-o2q

I got the modal answer, anyone would like to see?

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Please post the model answer! :biggrin:

Reply 988

May-o2q

14

Original post by Rickrossmmg

Please post the model answer! :biggrin:

It is not an official mark scheme. But I will do it, when I'm with my laptop!

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Reply 989

Rickrossmmg

Original post by May-o2q

It is not an official mark scheme. But I will do it, when I'm with my laptop!

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Alright thanks

Reply 990

mandem2k11

11

Original post by Nerd2

Hardly anyone else is doing transport economics, would love to discuss the exam, bu it seems like everyone is doing Global Economy.

Im doing both! Resiting global, i did in jan and got a C. And doing transport too
Problem ia i obly just started reision for them and i have to selfteach

Reply 991

iggyDash

2

Original post by Nerd2

Hardly anyone else is doing transport economics, would love to discuss the exam, bu it seems like everyone is doing Global Economy.

Yeah we did global economy in January were everyone else did transport in January And were doing transport now. I got a B in the global paper and i think i remember you from the global economy January 2013 thread?

I would love to discuss the exam exam too its kinda difficult especially the diagrams

I may start a thread for this exam

Reply 992

mandem2k11

11

Original post by iggyDash

Yeah we did global economy in January were everyone else did transport in January And were doing transport now. I got a B in the global paper and i think i remember you from the global economy January 2013 thread?

I would love to discuss the exam exam too its kinda difficult especially the diagrams

I may start a thread for this exam

im the same except with a C in glboal so im resitting...but it looks v difficult to resit :s-smilie:

Reply 993

iggyDash

2

Original post by mandem2k11

im the same except with a C in glboal so im resitting...but it looks v difficult to resit :s-smilie:

I was going to resit f585 but it would be time consuming and it would be easier to resit f581 and f582 to bring my ums up

Reply 994

mandem2k11

11

Original post by iggyDash

I was going to resit f585 but it would be time consuming and it would be easier to resit f581 and f582 to bring my ums up

i think im gonna allocate my resources to just trying to do well in transport. Ill have a brief flick through of F585 but not really do much for it, its too much of it and a whole new case study etc :s-smilie:

but then again ivehad no teaching of F584 so its all self teaching :s-smilie:

Reply 995

Nerd2

18

Original post by mandem2k11

Im doing both! Resiting global, i did in jan and got a C. And doing transport too
Problem ia i obly just started reision for them and i have to selfteach

I did global and got a C, so I switched it for transport economics, I have to selfteach as well.

Reply 996

Nerd2

18

Original post by iggyDash

Yeah we did global economy in January were everyone else did transport in January And were doing transport now. I got a B in the global paper and i think i remember you from the global economy January 2013 thread?

I would love to discuss the exam exam too its kinda difficult especially the diagrams

I may start a thread for this exam

Yeah I was in the global economy thread, found it a tough exam, only managed to get a C, so I switched to transport economics now.

You should start a thread.

Reply 997

iggyDash

2

Original post by Nerd2

Yeah I was in the global economy thread, found it a tough exam, only managed to get a C, so I switched to transport economics now.

You should start a thread.

New thread for transport economics !

http://www.thestudentroom.co.uk/showthread.php?t=2356468&p=42698407#post42698407 :smile:

Reply 998

Rheannan

5

Original post by nickhayes

What did people put for the allocative efficiency definition? it can be worded in weird ways so just want an opinion.

Also, with the consumer surplus diagram, I just did a demand curve, would that be credited??