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AQA ECON1 Monday 11th May

Anyone else doing this, feel free to ask questions/share revision tips.
Just gonna rush through past papers today @_@
Original post by whydoidothis?
Anyone else doing this, feel free to ask questions/share revision tips.
Just gonna rush through past papers today @_@


any guidance for the 25 marker?
I think it may be about the housing market
Does anybody have any tips on the 25 marker? I can never do them!!! :frown:
Original post by lunaa.lovegood
any guidance for the 25 marker?


Its going to be demand and supply or market failure.

Demand and supply learn min/max pricing,zero pricing buffer stocks.

For market failure
+/- consumption/production externality diagrams, tax and subsidies.

Or is it insnt on a specific one then it has to be the general.... should markets be used or governement intervention.

For this dont talk about a form of intervention but rather government vs free market.
Would there always be an option out of the 2 to do an externalities one such as alcohol/healthcare/merit or demerit goods. That is all I can do. I hope something like that turns up!!! :smile:

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