AQA A2 Economics Unit 4 (ECON4) June 23rd OFFICIAL THREAD

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    (Original post by prepdream)
    What? Isn't it about the causes of deflation???
    It is. I autocorrected. DW PEOPLE! Lol.
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    (Original post by High Stakes)
    It is. I autocorrected. DW PEOPLE! Lol.
    It gave me a bit of heart attack thinking I just lost 15 bloody marks because of misreading question lol
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    (Original post by zedqr)
    Those of you who did Context 2, for the calculation question, did you get 22000 something euros?
    Yep got around €22,7XX !!
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    (Original post by Roses98)
    Yep got around €22,7XX !!
    22753?
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    Essay 1 My factors causing budget deficit:
    Inflation
    Interest rates
    State of economy (eg recession)
    If government needs to increase productive capacity by reducing taxation i drew and AD AS diagram and defined terms hopefully thats 15 marks
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    I thought it was alright - not as good as unit 3 though.

    I did context 1 and essay 2
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    I did context B and essay 2.

    Maybe I'm being optimistic but I think the boundaries could be lower than normal for that paper. From what I have heard, loads of people chose essay 3 about the EU, mainly because of how relevant it is. I honestly think a lot of people will have just recited all of the arguments they've heard on TV etc. despite a lot of them not being economic arguments, as such. I just looked in the textbook and the diagrams for the EU are, imo, the hardest ones for the whole of econ4, and I am willing to bet that most of the people who chose that essay wouldn't have included them. I'm also doubtful that many would've included things about monetary union and other 'solid' economic arguments, because the 'economic arguments' that we hear on the TV for vote leave/remain are quite different to the ones that AQA want.

    At least that's what i'm hoping...
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    In context 2 essay i talked about demand side poilicies as being fiscal policy to cut welfare benefits (reduction in government spending) but i now realise this is supply side. This was a large part of my essay, what will this limit me to?
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    what did you guys write for essay 2?? i think i answered it wrong
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    (Original post by Patrick Gekko)
    I did context B and essay 2.

    Maybe I'm being optimistic but I think the boundaries could be lower than normal for that paper. From what I have heard, loads of people chose essay 3 about the EU, mainly because of how relevant it is. I honestly think a lot of people will have just recited all of the arguments they've heard on TV etc. despite a lot of them not being economic arguments, as such. I just looked in the textbook and the diagrams for the EU are, imo, the hardest ones for the whole of econ4, and I am willing to bet that most of the people who chose that essay wouldn't have included them. I'm also doubtful that many would've included things about monetary union and other 'solid' economic arguments, because the 'economic arguments' that we hear on the TV for vote leave/remain are quite different to the ones that AQA want.

    At least that's what i'm hoping...
    That's the exact reason why I decided not to answer the eu question
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    (Original post by Patrick Gekko)
    I did context B and essay 2.

    Maybe I'm being optimistic but I think the boundaries could be lower than normal for that paper. From what I have heard, loads of people chose essay 3 about the EU, mainly because of how relevant it is. I honestly think a lot of people will have just recited all of the arguments they've heard on TV etc. despite a lot of them not being economic arguments, as such. I just looked in the textbook and the diagrams for the EU are, imo, the hardest ones for the whole of econ4, and I am willing to bet that most of the people who chose that essay wouldn't have included them. I'm also doubtful that many would've included things about monetary union and other 'solid' economic arguments, because the 'economic arguments' that we hear on the TV for vote leave/remain are quite different to the ones that AQA want.

    At least that's what i'm hoping...
    Everyone at my school did essay 2.
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    (Original post by High Stakes)
    22753?
    Yes!! That's it!! At least 5 marks 👍🏽

    Which essay did you pick?
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    For the causes of a budget deficit did people state the situation where this would occur or did you explain how an increase in gov spending/reduction in tax would lead to a budget deficit and the effects of this
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    (Original post by Crozzer24)
    For the causes of a budget deficit did people state the situation where this would occur or did you explain how an increase in gov spending/reduction in tax would lead to a budget deficit and the effects of this
    I talked about low income tax but also discincentives, unemployment and shocks, I think.

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    (Original post by charanjittt)
    what did you guys write for essay 2?? i think i answered it wrong
    Like how deflation caused by decrease in AD leads to unemployment, budget deficit and decrease in investment.
    Then evaluate and say if it is caused by increase in AS then it's good.
    How about you?
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    (Original post by Roses98)
    Yep got around €22,7XX !!
    Of course I got that wrong . . . I got €4XXXX or something. I always screw up the calculation . . .

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    (Original post by High Stakes)
    Everyone at my school did essay 2.
    My school seemed to be an even split between 2 and 3, so hopefully the ones doing 3 will bring boundaries down...
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    Context 2, Essay 1. I found the paper a hell of a lot better than Unit 3!

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    Well, I'm assuming you did the significant feature right so there's 3 marks for you! And another one given your method was vaguely correct for your calculation! 4/5 isn't too shabby 😊
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    How did you all approach context 2 25 marker?
 
 
 
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