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Edexcel Economics Unit 4 Global Economy Discussion Thread (10.June.2014)

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Reply 40
Avatar for TheHenri
TheHenri
OP
1
What actually annoys me is that the examiner reports barely ever consist of answers with full marks. I think they should always have one with full marks so we know how to achieve this.

Unit 3 is going okay for me, getting about 28-30/32 in MCQ but still losing out on some of the longer question, getting about 80-90% in Unit 3. But Unit 4 I find it really difficult to judge where I am at, because my teacher marks badly and I can't take his marking serious anymore. Got 199/200 UMS in AS and I am worrying I am not getting the A* :/
Reply 41
Avatar for demhka
demhka
11
Original post by TheHenri
What actually annoys me is that the examiner reports barely ever consist of answers with full marks. I think they should always have one with full marks so we know how to achieve this.

Unit 3 is going okay for me, getting about 28-30/32 in MCQ but still losing out on some of the longer question, getting about 80-90% in Unit 3. But Unit 4 I find it really difficult to judge where I am at, because my teacher marks badly and I can't take his marking serious anymore. Got 199/200 UMS in AS and I am worrying I am not getting the A* :/

You've already started doing the past papers?! I haven't even started reading the notes. I am getting 10 days without any exams, but i still have 8 exams left. Do you think i'll still be able to get an A from these two units?
About the examiner reports, that is not the only issue. The handwriting in most ERs are so bad you can barely read it! I know what a bad handwriting is because my Accounting teacher keeps constantly telling me to write neatly! Surely there would be some high achievers with good handwriting?
Reply 42
Avatar for 07mav
07mav
Original post by dombell
Does anyone have any predictions as to what the essay Q's will be on this year? :smile:


Well for the Section A if you look at the previous exam papers question 1 a and b will be about something regarding monetary and fiscal policy and supply side.

Then 2 a and b always seem to be about developing countries. But this is quite hard I think because all the easiest question seem to be asked already.-but it can also be about competitiveness I think this was the case last year and my teacher also thinks there will be a question on it.

Then 3 a and b will be about global trade and things to do with globalisation

Section B-my teacher thinks that this will be about developing countries as Unit 4 is to do with Global economy, but never know can also be about developed countries in particularly about UK as the economy is picking up.

But no can really guess as edexcel may break the pattern.
Original post by TheHenri
What actually annoys me is that the examiner reports barely ever consist of answers with full marks. I think they should always have one with full marks so we know how to achieve this.

Unit 3 is going okay for me, getting about 28-30/32 in MCQ but still losing out on some of the longer question, getting about 80-90% in Unit 3. But Unit 4 I find it really difficult to judge where I am at, because my teacher marks badly and I can't take his marking serious anymore. Got 199/200 UMS in AS and I am worrying I am not getting the A* :/

What do you think the essays will be on and the data responses?
Original post by 07mav
Well for the Section A if you look at the previous exam papers question 1 a and b will be about something regarding monetary and fiscal policy and supply side.

Then 2 a and b always seem to be about developing countries. But this is quite hard I think because all the easiest question seem to be asked already.-but it can also be about competitiveness I think this was the case last year and my teacher also thinks there will be a question on it.

Then 3 a and b will be about global trade and things to do with globalisation

Section B-my teacher thinks that this will be about developing countries as Unit 4 is to do with Global economy, but never know can also be about developed countries in particularly about UK as the economy is picking up.

But no can really guess as edexcel may break the pattern.

What do you think the essays will be on and the data responses?
Hello, does anyone have the exam structure or marks allocation for Section B?
Original post by shreya123
Hello, does anyone have the exam structure or marks allocation for Section B?

It changes every year :s-smilie:
Reply 46
Avatar for TheHenri
TheHenri
OP
1
@Guren: Maybe you actually read over 07mavs post before you quote it and ask about something he has written about?!

I dont actually know. As 07mav said 3 question, so I think one will be on development, possibly competitiveness, inequality. Anything can come on, it is hard to predict. I personally hope either development or competitiveness comes up, I hate inequality as an essay.

Data response I think could be about globalisation or trading blocs.
Original post by TheHenri
@Guren: Maybe you actually read over 07mavs post before you quote it and ask about something he has written about?!

I dont actually know. As 07mav said 3 question, so I think one will be on development, possibly competitiveness, inequality. Anything can come on, it is hard to predict. I personally hope either development or competitiveness comes up, I hate inequality as an essay.

Data response I think could be about globalisation or trading blocs.

hmm thats what I meant on data response - those topics seem pretty likely!
What do you mean by "competitiveness" I know what it is in unit 3 terms like productive efficiency etc, but for unit 4?
Original post by Guren
hmm thats what I meant on data response - those topics seem pretty likely!
What do you mean by "competitiveness" I know what it is in unit 3 terms like productive efficiency etc, but for unit 4?


Ways to increase the international competitiveness of your country. E.g. improving infrastructure, subsidise domestic firms, improve potential productive capacity by investing in education. Stuff like that
Reply 49
Avatar for TheHenri
TheHenri
OP
1
Original post by shabba-ranks
Ways to increase the international competitiveness of your country. E.g. improving infrastructure, subsidise domestic firms, improve potential productive capacity by investing in education. Stuff like that

-depreciate exchange rate
-increase productivity by supply side policies as mentioned above
-lower corporate taxes to gain FDI which improves productivity
-deflating demand to reduce demand pull inflation
are also ways to reduce this.
Original post by shabba-ranks
Ways to increase the international competitiveness of your country. E.g. improving infrastructure, subsidise domestic firms, improve potential productive capacity by investing in education. Stuff like that

So supply side policies like education and training etc, can you mention exchange rates as well, as in does it come under "competitiveness" ? I knew all this, just not under the sub heading of competitiveness.
guys, my teacher is really helpless and i've had to teach myself the entire a level, so do u think its wise for A2 to be marking my own exam papers ?.... I did it for AS and i did well but A2 is whole new different ball game and im just not sure and a bit worried....
Original post by dextermati
guys, my teacher is really helpless and i've had to teach myself the entire a level, so do u think its wise for A2 to be marking my own exam papers ?.... I did it for AS and i did well but A2 is whole new different ball game and im just not sure and a bit worried....

Check with your teacher, but as long as the points are developed enough (see the textbook) it should get marks.
Original post by Guren
Check with your teacher, but as long as the points are developed enough (see the textbook) it should get marks.

i would but when my teacher does not even give us papers, so i have had to download them all and be proactive with revision at home
Guess eurozone might come for the essay as it has not been for a long time!!!!
could someone give me a list of benefits and costs of specialisation? thanks x
Original post by gabriellakenton
could someone give me a list of benefits and costs of specialisation? thanks x

http://tutor2u.net/economics/revision-notes/as-markets-specialisation-trade.html
Reply 57
Avatar for 07mav
07mav
Original post by Guren
What do you think the essays will be on and the data responses?

What do you think the essays will be on and the data responses?


I have already said about the essay's but the data response could be anything but probably about developing countries, but I am starting to think that it may be about inequality as others have said on here, especially because of Thomas Piketty's popularity. But you can never really guess these things. Its better to do exam practice and nail that exam technique in order to get a good grade than to worry about the questions (I think anyway).
(edited 9 years ago)
Original post by rathani278
Guess eurozone might come for the essay as it has not been for a long time!!!!


Eurozone won't come up if you ask me. They try to maintain some element of recent news in the exam. The question now is about leaving the EU rather than about joining the Eurozone so that's far more likely I would imagine.
Original post by aminkaram
Eurozone won't come up if you ask me. They try to maintain some element of recent news in the exam. The question now is about leaving the EU rather than about joining the Eurozone so that's far more likely I would imagine.


can u explain me how inheritence will cause inequality?? and a evaluation for it???

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