AQA Economics Unit 4 11th June 2013

Funny how this was negatively rated by 2 people, would you care to explain why? Quite clearly you need to know the content before you try a question, but knowing the content should be pretty much done for most people at this stage! Then, practice practice practice!

Hey, you seem smart, going by your grades.

I was wondering whether you could clear this up for me.

I know the UK is part of the custom union (CM) and NOT part of the Eurozone, but is it part of the SEM? Also, what is the difference between the Eurozone and the SEM?

Thank you.

The Single European Market is a Customs Union with a CAT (Common Ex Tariff)
The Eurozone is a Currency Union

Not stepping on Kelbels Toes or anything :P Just knew the answer, i also did well at AS (100ums in Macro and 85 in Micro) and have strong knowledge at A2, more than happy to help

Woooaahh, that was my question haha, only joking! Very good, simple answer to the question there! Ahhh, are you going for the A* too?

What effect does cost push inflation have on labour productivity and investment?
Also in an essay why would you say that pollution is bad for economic growth and effects it has e.g. multinationals going to other countries and polluting the country what effect will this have on the economy of that country?

Got any idea how i can direct post them on here? ha, otherwise PM me your email

Haha sorry :P
Indeed so, however, may have messed my Micro up slightly with Context 1, hopefully not too badly!
The higher the A in that the easier the A* is of course, prefer Micro anyway, Macro was a doddle at AS

What's the requirements for an A*? I never really looked into much because I never expected to be in the position that I'm in...

Don't you have your Econ 3 results yet then for A2? I much prefer Micro, finding Macro abit trickier!

What's the requirements for an A*? I never really looked into much because I never expected to be in the position that I'm in...

What's the requirements for an A*? I never really looked into much because I never expected to be in the position that I'm in...

You need an A at AS, so you need to average 80 UMS, and then you need to average 90 UMS in A2 x

You need to total 320ums over the whole course and also total 180ums at A2 level, so technically you could be on a B at AS and still get the A*

At our school we do the Unit 3 and Unit 4 exams in June, Macro isn't necessarily trickier, but i get where you're coming from, particularly bringing in Globalisation and the EU I assume? I do politics and both topics come up in it so i generally find them easier.

How did you do in your Econ 3 in Jan, the paper was a dream, would have loved it

You need an A at AS, so you need to average 80 UMS, and then you need to average 90 UMS in A2 x

Pollution is a bad consequence of economic growth, yes, due to the industrial process used especially by MEDC's, a lot of noise and sound pollution created, and the use or burning of non-renewable resources causes pollution. Multinationals polluting other countries is bad because the domestic country is not suffering from any negative externalities as a result of their own gain i.e. the US set up a factory in Malaysia, and there is loads of pollution. The US will probably take all the profits from the venture back to the domestic country, and Malaysia will be left with nothing to show for it except the negative externalities of noise and sound pollution, and a big whopping factory which is probably an eye sore! You would only need a brief description of this in a whole 25 mark essay, for a few marks