Edexcel Economics Unit 6 - ULTIMATE REVISION THREAD

Sounds like an interesting idea.

Where did you get this definition from, and how are people actually revising for this? I'm just on TSR now

They were both examples which I made up as I was typing, I just wanted to check whether my method of evaluating was okay because they haven't mention it in the mark schemes.

Thanks though.

heh.

A question. How much are you supposed to write in section A of this paper? I've not really done much practice for them.

To be honest, I got the reluctant part from some dodgy site lol.
Guess you're right. This is lil off the topic, look at the countdown lady (Carol Vorderman) last year who refused her pay cut ---> unemployed or as she put it, for "family reasons"

If I was talking about the effects of a fiscal deficit and I rant on about how taxes will be raised to reduce the deficit.
Would the following count as evaluation? On the other, the goverment may be unwilling to raise taxes as it would provide a disincentive to work and could lead to lower productivity and slower economic growth.

1.25 + 1.75 excluding diagrams.

I have to say I am dreading this paper as have heard it is the worst Economics one so far. Although unit 5 seemed to go alright so maybe I can get a good mark from that and hopefully means I wont have to do as well on this. Anyone know what are the grade boundaries generally like for this paper?

There could be something on Public Sector Net Borrowing - according to my teacher who was at the Edexcel conference.

I have a file open in front of me, a textbook, and also a past paper with mark scheme but I'm not using them. No motivation In a few hours when I realise there's not much time left I'll start cramming.

3 pages in 45 minutes, fat chance I hate writing so I have no idea why I picked this subject.

Who wants to brainstorm the budget deficit and its contents

hmmm I have heard that unit 4 was the hardest. I don't know though, I find them all hard

Yeah cool lets do it. Budget deficit: gov spending more than they are receiving frm taxes?

hmmm I have heard that unit 4 was the hardest. I don't know though, I find them all hard

Yeah.

Borrowing leads to crowding out.

Yeah.

Borrowing leads to crowding out.

I have to say I am dreading this paper as have heard it is the worst Economics one so far. Although unit 5 seemed to go alright so maybe I can get a good mark from that and hopefully means I wont have to do as well on this. Anyone know what are the grade boundaries generally like for this paper?