F581/ F582 Economics June 2013

I screwed up F582, I thought it was pretty hard anyway, was expecting a C and got a C.
What you get?

I managed to get A in both F582 and F583 and i self taught myself in 2 weeks.. Its all about learning exam techniques!

OCR you **** I just scraped an A thanks to that B in F582

What were your scores? I also scraped an A by getting a B in F581. The 49/60 grade boundary for F582 was high although I still got 90. I didn't think regulation would come up again this year but it did and that's what messed me over in F581 as I didn't really dive into the question very well.

I got 87% in macro and 68% in micro. It's a B overall and I'm pretty gutted considering I want to do PPE as well as the fact that I completed all the past papers as part of revision and I was consistently getting As. Not sure whether it's worth remarking or going straight for a retake in year 13?

B overall in economics, not bad .

What was your total UMS in the 4 modules? I want to an idea of how much was needed for a B.

140/200 in total UMS was the boundary for a B. so 70 on each paper.

I got 96% on F581 resit and 86% on F582. I only done well on f581 cause the grade boundaries were extremely low, I think I must have got 50/60 since you only needed 54 to get full ums

Does anyone know what they're going to be predicted next year? I really want an A* but I think i'll most likely be predicted an A

Cheers, I wasn't even far off from a B overall, just that one unit Transport Economics that ****ed me over.

Was the question on regulations being used to correct information failure from using sun beds?

I can vaguely remember what I wrote. I this this is the structure I used

Intro: defining regulations, info failure, maybe market failure as well.

Argument 1: Advantages of regulations
Easy to understand
Rapid impact as they can easily be adjusted by the government
Legally binding - deters people from breaking the law

Argument 2:
Could lead to a black market. I think I referred to the case study to support this point since it mentioned that some people were already breaking the law
Opportunity cost

Can't remember my other points

And then I mentioned an alternative saying that indirect tax would be a better solution since it allows the government to generate some revenue, its probably more effective in deterring people. I drew a demand and supply curve and showed the burden of the indirect tax and on consumer and producer but then mentioned the disadvantages of this type of intervention i.e. unfair if the consumer burden is too high and it is difficult to determine the size of the tax

And then the conclusion in which I argued that Indirect Tax is better solution and I think I used 2 short reasons to back up my opinion.

Thats all I can remember, it was a while ago lol

I can't remember any of the other questions. I might remember my answers if I saw the questions again

Are you in year 13?

How difficult is A2 economics?