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AQA ECON1 section B question

Hi,

In the essay question (25 markers), I have been told to consider short term vs long term? What does it mean by this? Can anyone give me an example?

Thanks :smile:

Reply 1

Alex-Torres

Short term basically means the effect that something will have immediately after. For example, short term effects of a power cut would just leave people without power.

However, long term means in the future. So long term effects might lead to am increase in crime levels at night as people think they won't be seen.

If you don't understand, just ask :smile:

Thanks,
Alex

Reply 2

bestfriends33

Thank you! So could you say advertising is more effective in the long run, because in the short run it takes time to put in place and takes time for consumers to react? In the long run it would mean a change e.g. a more fitter population (e.g. advertising to encourage exercise)

Thanks again :smile:

Reply 3

tehforum

Original post by bestfriends33

Yeah, but that's analysis or if you have a generous examiner, low level evaluation.

Reply 4

bestfriends33

Original post by tehforum

Yeah, but that's analysis or if you have a generous examiner, low level evaluation.

But in the evaluation section of the MS it says short term vs long term considerations? So isnt this evaluation?
Thanks :smile:

Reply 5

tehforum

Original post by bestfriends33

But in the evaluation section of the MS it says short term vs long term considerations? So isnt this evaluation?
Thanks :smile:

Yeah, but one line won't do anything to your overall evaluation.

They see how much developed your evaluation is to assign a low level/ high level evaluation band.