username1863247
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Hi i know its late but i havent seen any threads around for W&L 2015 and I thought it would be really helpful to start one

does someone know any likely topics to come up??? has anyone's teacher suggested possible topics to come up in the first section of the exam?? my teacher hasnt prepared us for the exam so i would reaaallyyy appreciate any help!!

Thanks
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Puddles the Monkey
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(Original post by momo_koubani)
Hi i know its late but i havent seen any threads around for W&L 2015 and I thought it would be really helpful to start one

does someone know any likely topics to come up??? has anyone's teacher suggested possible topics to come up in the first section of the exam?? my teacher hasnt prepared us for the exam so i would reaaallyyy appreciate any help!!

Thanks
Heya, I'm going to put this in the Economics forum for you as you should get more responses there.

You should also check out the forum to see if there's any other threads there which might be helpful to you!

http://www.thestudentroom.co.uk/forumdisplay.php?f=82
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jamesbird18
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What is it exactly we need to know about MRP?
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Acc96
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hey guys, how are you revising for this exam?? Im dreading it cant seem to do a past paper to a good standard
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22.22
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anyone got any thoughts on what's likely to come up?
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Victoria.M
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I'm also sitting this exam and have no idea on what might come up! I'm hoping for the essays on part B to be on MRP theory or market structures as these are what I'm best at. Definitely need to further revise poverty and essays on that
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username1863247
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(Original post by Victoria.M)
I'm also sitting this exam and have no idea on what might come up! I'm hoping for the essays on part B to be on MRP theory or market structures as these are what I'm best at. Definitely need to further revise poverty and essays on that
my teacher told me there's always a question on market structure on the section B

however i have no clue what's going to be on the first section
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jamesbird18
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(Original post by Victoria.M)
I'm also sitting this exam and have no idea on what might come up! I'm hoping for the essays on part B to be on MRP theory or market structures as these are what I'm best at. Definitely need to further revise poverty and essays on that
MRP came up a lot last year so i doubt it will come up again.
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Victoria.M
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(Original post by jamesbird18)
MRP came up a lot last year so i doubt it will come up again.
Do you know what else came up last year? I can't find the paper
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jamesbird18
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(Original post by Victoria.M)
Do you know what else came up last year? I can't find the paper
No worries, the questions were as follows

2a analyse using a diagram the impact of a monopsonist employer on the labour market from which it recruits
2b discuss the extent to which govermount intervention is the best method of reducing labour market failure caused by a monopsonist employer

3a analyse using diagrams how changes in marginal revenue product explain the quantity of labour employed

3b discuss the extent to which demand side factors alone explain wage differentials in real world labour market

4a analyse the main causes of poverty in the uk
4b discuss the extent to which reforms of the tax and benefits system alone is the best method to reduce poverty in the uk
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jamesbird18
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(Original post by 22.22)
anyone got any thoughts on what's likely to come up?
Market structures
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Victoria.M
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(Original post by jamesbird18)
No worries, the questions were as follows

2a analyse using a diagram the impact of a monopsonist employer on the labour market from which it recruits
2b discuss the extent to which govermount intervention is the best method of reducing labour market failure caused by a monopsonist employer

3a analyse using diagrams how changes in marginal revenue product explain the quantity of labour employed

3b discuss the extent to which demand side factors alone explain wage differentials in real world labour market

4a analyse the main causes of poverty in the uk
4b discuss the extent to which reforms of the tax and benefits system alone is the best method to reduce poverty in the uk
Thank you!!
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jamesbird18
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(Original post by Victoria.M)
Thank you!!
No problemmm, which do you think is most likely this year?
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Victoria.M
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(Original post by jamesbird18)
No problemmm, which do you think is most likely this year?
Seeing as market structures weren't there last year, I have my fingers crossed they will feature this year. I reckon section A will probably be about labour rather than leisure, do you have any thoughts???
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jamesbird18
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(Original post by Victoria.M)
Seeing as market structures weren't there last year, I have my fingers crossed they will feature this year. I reckon section A will probably be about labour rather than leisure, do you have any thoughts???
I think it will be split between labour/work. Last year the topics were
economies of scale
unit labour costs (8 marks total)
contestable market
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Acc96
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Hi, would you answer this essay question:
Discuss the extent to which a leisure market of your choice is an oligopoly [20]
Preferably cinema market. Thanks a lot
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Victoria.M
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(Original post by jamesbird18)
I think it will be split between labour/work. Last year the topics were
economies of scale
unit labour costs (8 marks total)
contestable market
perhaps there will be more of a focus on government policies to correct labour market failure and stuff about the demographic timebomb
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jamesbird18
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(Original post by Victoria.M)
perhaps there will be more of a focus on government policies to correct labour market failure and stuff about the demographic timebomb
Yeah, I don't like the inequality stuff and pensions crisis etc too wishy washy i find it difficult to be clear and consie with it
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Victoria.M
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(Original post by jamesbird18)
Yeah, I don't like the inequality stuff and pensions crisis etc too wishy washy i find it difficult to be clear and consie with it
Yes I agree entirely, definitely not a fan!
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username1863247
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do you guys think theres any chance monopsony will come up on the exam??
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