F584 Transport Economics June 2012

Announcements Posted on
How helpful is our apprenticeship zone? Have your say with our short survey 02-12-2016
    • Thread Starter
    Offline

    0
    ReputationRep:
    Thought I'd start off a revision thread for the Transport exam.

    Any thoughts on possible questions? My teacher seems to think it'll be on the airline industry :holmes:

    EDIT: Or HS2.
    Offline

    0
    ReputationRep:
    Other people better be taking this exam :L

    Here is the Tutor2u guide that covers the entire course - http://www.sendspace.com/file/6i0qx2


    What makes your teacher believe it will be on that?
    • Thread Starter
    Offline

    0
    ReputationRep:
    Yeah, hope so too.

    The airline industry hasn't come up for a while and he thinks HS2 might also be possible because, the papers are usually written about a year in advance and HS2 has been in the news quite frequently in the past year.

    Thanks for the guide, but I've already got a copy :yy: Did you do this exam in January too? Resitting this, need bang on 90 UMS to get an A* :beard:
    Offline

    0
    ReputationRep:
    This is my first time doing this exam. I find this hard to revise as Transport isn't the most interesting of topics - in my opinion. Do you have any other resources?
    • Thread Starter
    Offline

    0
    ReputationRep:
    Transport really is a dull module. I mainly use my notes to revise tbh, don't really use anything else. What does your teacher think might come up?
    Offline

    0
    ReputationRep:
    I have a strong feeling that the COBA model will come up on this exam. I'm just hoping that for section B there will be two questions about market failure! I prefer that than all the other topics
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by SL25)
    I have a strong feeling that the COBA model will come up on this exam. I'm just hoping that for section B there will be two questions about market failure! I prefer that than all the other topics
    I actually hate COBA tbh. How's your revision going?
    Offline

    2
    ReputationRep:
    I love COBA!!! Its the easiest topic to talk about"
    • Thread Starter
    Offline

    0
    ReputationRep:
    Yeah, guess it is; not sure why I dislike it so much though.

    Hoping for another road pricing essay :dice:
    Offline

    0
    ReputationRep:
    (Original post by don'tTRIP.)
    I actually hate COBA tbh. How's your revision going?
    Will be doing a lot more this week. Have really been prioritizing other subjects. But I need a B minimum in this exam . I guess the only thing I struggle in transport is bringing in actual examples. I don't read much on transport news so I'm kind of a rookie in that area.
    • Thread Starter
    Offline

    0
    ReputationRep:
    Low cost airlines haven't been tested yet, have they?
    Offline

    0
    ReputationRep:
    There might be something on privatisation, deregulation or the COBA model.
    Offline

    0
    ReputationRep:
    Hi, I'm really stuck on allocative efficiency and how to show it on the diagram - please can someone tell me if this is where allocative efficiency is achieved (at point X on the diagram where marginal cost is at average revenue).
    Thank you!
    Name:  Economics.jpg
Views: 412
Size:  11.6 KB
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by Helendd)
    Hi, I'm really stuck on allocative efficiency and how to show it on the diagram - please can someone tell me if this is where allocative efficiency is achieved (at point X on the diagram where marginal cost is at average revenue).
    Thank you!
    Name:  Economics.jpg
Views: 412
Size:  11.6 KB
    Yep, allocative efficiency is achieved where MC=AR
    Offline

    0
    ReputationRep:
    thank you
    Offline

    0
    ReputationRep:
    My teacher says that because I retook National and International Economy, I cannot get an A*.
    And he says that to get it, one would need 90% in both A2 modules, not an average.

    Is this true?
    Offline

    0
    ReputationRep:
    (Original post by DymentriX)
    My teacher says that because I retook National and International Economy, I cannot get an A*.
    And he says that to get it, one would need 90% in both A2 modules, not an average.

    Is this true?
    I'm pretty sure you can retake as many times as you want, as long as you get an A in your AS year and 90% average in A2 you can get an A*.
    Offline

    0
    ReputationRep:
    This is the most dull module I've ever done at school, I find it so hard to revise.
    Offline

    0
    ReputationRep:
    (Original post by ChazDaSpaz)
    I'm pretty sure you can retake as many times as you want, as long as you get an A in your AS year and 90% average in A2 you can get an A*.
    You don't need an A in your AS year. You need to get an A overall (so at least 320 UMS) as well as 180 UMS overall in your A2 year. That could be 100 on F585 and 80 on F584 or whatever.
    • Thread Starter
    Offline

    0
    ReputationRep:
    Was just flicking through the syllabus and saw this; "discuss how transport policy can meet future needs and requirements, including recent EU policy initiatives in areas such as freight transport"

    We haven't done much work on sustainability in class and from what I gather, it hasn't really been examined much. Anyone know of any recent EU policy initiatives? :indiff:
 
 
 
Write a reply… Reply
Submit reply

Register

Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. Oops, you need to agree to our Ts&Cs to register
  2. Slide to join now Processing…

Updated: June 15, 2012
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Today on TSR
Poll
Would you rather have...?
Useful resources
Study resources

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.