Aqa AS Economics Unit 2 19th May 2015

OP

Original post by Bsc123

You never got back 😕

Literally super sorry
Give me till tomorrow night and it will deffo be up
I have an exam tommorow morning and kinda stressed atm
please dont hate me forever :o:

)

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Reply 23

OP

okay so unit 2 possible definitions that haven't come up yet for the 5 marker:

accelerator effect
aggregate supply
actual growth
austerity (mayyybeee)
surplus on the current account of the balance of payments
budget surplus
boom/peak
business/consumer confidence
capital spending
circular flow of income
claimant count
commodity
consumer spending
cyclical unemployment
deflation
demand pull inlation
embargo
economic shocks
expansionary/contractionary monetary policy
" " " " " " " " " " " " " " " " " " fiscal policy
exports
frictional unemployment
imports
MPC/MSC
multiplier effect
myopic thinking
positive output gap
nominal GDP
recession
seasonal unemployment

NOTE: PLEASE DO NOT TAKE MY WORD FOR THIS
I COULD BE TOTALLY WRONG

(edited 8 years ago)

Reply 24

Sexybadman

17

Anyone no a good site to revise economics unit 2 thanks :smile:

Reply 25

GraceDavies222

Original post by Sexybadman

Anyone no a good site to revise economics unit 2 thanks :smile:

Tutor 2 u is always helpful but youtube has some good videos if u want to go through specific areas! paj Holden has good ones

Reply 26

eronaarifi

1

Can the definitions that previously came up come up again, should i revise the ones that came up, or do they tend to ask different ones every year?

Reply 27

OP

Original post by eronaarifi

Can the definitions that previously came up come up again, should i revise the ones that came up, or do they tend to ask different ones every year?

every year there has been different ones, so I doubt one would repeat
but theres always a first time so I would learn all of them just to make sure

I feel as though the definitions they ask have become more specific

Reply 28

katie4202

1

What would you say are the key things that you really need to know?
And where can I get multi choice questions that go back further than the ones on the aqa website?

Reply 29

OP

Original post by katie4202

What would you say are the key things that you really need to know?
And where can I get multi choice questions that go back further than the ones on the aqa website?

You need to know aggregate demand and aggregate supply thoroughly, everything about them
Know about the government policies, fiscal, monetary, supplyside
know the macroeconomic objectives, everything about them
Relevant diagrams

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Reply 30

OP

Original post by katie4202

What would you say are the key things that you really need to know?
And where can I get multi choice questions that go back further than the ones on the aqa website?

Past Exam Papers | Zahablog Economics - https://zahablog.wordpress.com/past-papers/

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Reply 31

katie4202

1

Original post by LearningGeek

Past Exam Papers | Zahablog Economics - https://zahablog.wordpress.com/past-papers/

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Thanks! There is probably going to be repeat answers if its like unit 1 and I am terrible at unit 2!

Reply 32

OP

Original post by katie4202

Thanks! There is probably going to be repeat answers if its like unit 1 and I am terrible at unit 2!

Yess, i deffo recommend you do all of these, doesnt take long, each paper has 15 mcqs

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Reply 33

boyyo

6

learning geek thanks for this post, is really helpful :smile:

do u think we could make a sort of unoffical mark scheme after the exam is over

Reply 34

SotonianOne

3

Original post by LearningGeek

peak

A what?

Original post by LearningGeek

embargo

That's not in the scheme

Tariffs are, more or less vaguely the same, but not embargo

Reply 35

OP

Original post by SotonianOne

A what?

a peak is the boom phase of the economic cycle, where economic growth is high and where the economy is close to full capacity. I put peak as some people refer to this as the peak, i.e the highest point

That's not in the scheme

Tariffs are, more or less vaguely the same, but not embargo

I just put down what I've learnt, if its not in the spec, then in probably wont come up, I wasn't aware of this.

Reply 36

forzajanie

What sort of questions could we get given for the 25 marker?
Usually its about the macroeconomic objectives and then we need to link them in with the different polices like monetary, fiscal or supply-side.
It would be nice if we get together a list of possible 25 markers together.
Any ideas??
I hope the definitions and 12 markers are easy this year :smile:

Reply 37

Sabahhussain123

Does anyone know how to structure 25 markers for macro? If anyone does could you please message me thank you :smile:

Reply 38

finisher489

9

Original post by Sabahhussain123

Does anyone know how to structure 25 markers for macro? If anyone does could you please message me thank you :smile: