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    hey there everyone,
    if you have found this thread it is possible that you will also be sitting this exam
    I will try to post my predictions on possible questions, I hope you find that useful
    feel free to comment
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    Hey i'm taking as economics as well, what exam board?
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    (Original post by Richard_pullan)
    Hey i'm taking as economics as well, what exam board?
    I believe he says it in the title.
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    oh yeah oops
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    1. (Original post by Richard_pullan)
      oh yeah oops
    2. how is your revision going for these exams?
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    5 markers that have already come up for unit 2:

    deficit on the current account of the balance of payments
    real incomes
    rate of interest
    economic cycle
    cost-push inflation
    structural unemployment
    recovery
    disposable income
    aggregate demand
    budget deficit
    productive capacity
    exchange rate
    investment
    real GDP
    balance of trade in goods and services
    economic growth
    negative output gap
    savings
    labour productivity
    -----------------------
    2014 5 markers were on:
    multiplier effect on spending? (correct me if im wrong)
    capital stocks
    -----------------------
    from exams before 2009 :
    there were no definition questions before 2009





    it seems to me that the 5 markers were a bit more difficult last year
    Please don't disregard revising for 5 markers ( I will put up a list of my predictions)
    these are easy marks, they could essentially pull your grade up or down


    I urge you to still check the papers out for exams before 2009 LINK BELOW
    https://zahablog.wordpress.com/past-papers/
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    topics that have come up in the contexts: (25 marker)

    importance of higher labour productivity
    significance of household savings
    inflation (linked to AD)
    consumer expenditure

    exchange rate (fall in exchange rate of pound)
    measures for reducing unemployment (THIS QUESTION WOULD HAVE BEEN AN ABSOLUTE GOD SEND)
    consequences of a fall in investment spending
    policies to recover from recession
    demand and supply-side policies to achieve economic growth

    fiscal and monetary policies in maintaining a stable economy
    importance of increase in exports
    importance of supply side policies in helping control inflation
    impact of cuts in public expenditure
    extent to which external trade can be relied upon to bring about recovery
    measures taken to reduce size of budget deficit (rise in unemployment?)

    use of interest rates best way to control inflation
    sustained recovery will inevitably lead to inflation

    reduction in income tax is best way to improve performance (SR AND LR)
    difficulties the government will encounter when attempting to boost rate of growth
    significant increase in exports and reduction in imports
    ----------------------------------------

    all the above questions ask you in some way to link in to the performance of the UK economy- ( I PESONALLY THINK THESE ARE THE BEST SORT OF QUESTIONS, GIVES A LOVELY STRUCTURE TO YOUR ESSAY)


    the ones highlighted in red do not ask you directly in the question about 'UK Macroeconomic performance'
    but you may still have to write about this


    it is helpful to go into the exam knowing:
    whether we are on a trade deficit or surplus
    rate of inflation
    are we achieving growth
    rate of unemployment
    debt
    budget deficit
    interest rate
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    This is very helpful could you do the same for unit 1?


    Posted from TSR Mobile
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    (Original post by Sexybadman)
    This is very helpful could you do the same for unit 1?


    Posted from TSR Mobile
    Yes, i have got another thread for unit one where i will be doing the same, but i will do it later today
    im glad its helpful :-)

    Posted from TSR Mobile
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    (Original post by High Stakes)
    I believe he says it in the title.
    that's a 'she'
    lol
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    (Original post by LearningGeek)
    Yes, i have got another thread for unit one where i will be doing the same, but i will do it later today
    im glad its helpful :-)

    Posted from TSR Mobile
    Awesome really appreciate this, i struggle with economics especially knowing what diagram to draw for an exam question aha please let me no when you do the unit 1 post! x


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    (Original post by Sexybadman)
    Awesome really appreciate this, i struggle with economics especially knowing what diagram to draw for an exam question aha please let me no when you do the unit 1 post! x


    Posted from TSR Mobile
    Okay, dont worry
    ill let you know

    What are you aiming to get in the exam?

    Posted from TSR Mobile
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    What do you mean when you say you don't know what diagram to draw?

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    (Original post by LearningGeek)
    Okay, dont worry
    ill let you know

    What are you aiming to get in the exam?

    Posted from TSR Mobile
    Hoping to get a C/B i do struggle with economics a lot , and when i say diagrams like for example in the past papers they say for the 12 marker/25marker you always have to draw a graph and explain it I sometimes just don't no what to draw :/


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    do you have your predictions for the 5markers
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    (Original post by Jupers)
    do you have your predictions for the 5markers
    Ive posted my predictions for unit 1
    Will be doing the same for unit 2 but dont know if they will be helpful or what people think of them so waiting for a response to them

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    A post on time management in the exams

    TIME WILL BE YOUR BIGGEST ENEMY! (Aside from the actual knowledge obviously)
    therefore managing your time is very important
    You can choose to follow this time plan if you want:

    25 MCQ - use around 12-15 mins only (15 mins is the maximum)
    if you are struggling to do this, practice under timed conditions.
    PRACTICE EVERY SINGLE PAST PAPER, I CANNOT STRESS TO YOU THE IMPORTANCE OF THIS
    (some questions you will find are repeats)

    5 marker- 2 mins max
    if you learn your definitions this should be a walk in the park
    however, if you get a definition you don't know...use your common sense. write something you think it
    might be. ALWAYS INCLUDE AN EXAMPLE IF APPLICABLE

    8 marker - ( 8 mins)
    if you know the technique, trust me this is easy
    LOOK AT THE EXTRACT CAREFULLY...LOOK AT THE TITLE! DONT JUST JUMP AHEAD AND START
    COMMENTING ON THE GRAPH OR TABLE. STATE THE HIGHEST AND THE LOWEST. IF IT ASKS FOR
    COMPARISONS COMPARE THE HIGHEST TO THE HIGHEST AND THE LOWEST TO THE LOWEST. ALWAYS
    INCLUDE DATA FROM THE EXTRACT TO SUPPORT YOUR POINTS

    12 marker - 12 mins ( 1 mrk 1 point)
    start off with two relevant definitions (NOT THE ONE THEY ASK YOU FOR THE 5 MARKER)
    draw a diagram if you need to, not every 12 marker requires a diagram

    e.g if it asks "explain the two determinants of saving" this does not require a diagram but instead
    provide a detailed explanation. KEEP IT TO THE POINT
    25 marker - if you follow this you are left with roughly at least 40 MINS FOR THE ESSAY
    this is a bulk of the paper and you can pick up a lot of marks here
    start of with a definition but link it to the context of the question
    diagram explaining concept in question, explain, analyse, evaluate
    do three paragraphs like this
    end with a conclusion
    MAKE SURE YOU MAKE A PLAN
    DONT ACT CLEVER THINKING THAT THIS WILL WASTE TIME, A PLAN WILL TAKE 2 MINS BUT WILL
    SAVE YOU TIME IN THE LONG RUN. IT WILL GIVE YOU A STRUCTURE TO FOLLOW.

    this is a very generalised way of doing the 25 marker, it really depends what the question is asking



    .....hope this helps one person out there at least
    (btw don't know what happened to the weird setting out)
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    (Original post by Sexybadman)
    Awesome really appreciate this, i struggle with economics especially knowing what diagram to draw for an exam question aha please let me no when you do the unit 1 post! x


    Posted from TSR Mobile
    Posted something in unit 1, let me know if it helps

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    This is soo helpful thank you so much!
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    Thanks for this. Any predictions for the unit 2 questions?

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