Need help with unit 1 25 mark essays for economics AQA::URGENTWatch
I'm going to quote in Puddles the Monkey now so she can move your thread to the right place if it's needed.
Can anybody be able to give me an example answer for a 25 mark essay for AQA economics? I need help understanding the structure and where to place my arguments, especially with questions including "for and against government intervention".
You need a definition.
Draw a diagram
Next to the diagram right a bit about the dagram
Start the argument. I would would say 3 paragraphs for one side of the argument and then 3 against.
Conclusion with short run and long run of what you have wrote. Then make your decision.
I will see if I can post a copy of one of my essays.
"Extract F (lines 7–8) states: ‘Supply-side policies will also contribute to lower inflation’.
Using the data and your economic knowledge, evaluate the importance of supply-side policies in helping to control inflation in the UK. (25 marks)"
Definition - Define at least one keyword for 2 marks. You are allowed to define up to 2 key words which gets you 4 marks.
Define supply-side policies and inflation
Adv of question - Advantages of supply-side policies in controlling inflation. Use diagrams.
- LRAS shifting to right
- Lower inflation (assuming economy is to some extent overheating, or at the very least, not on the excess capacity stage)
- Achieve all four macro-economic indicators
Disadvantages of question - Disadvantages of supply-side policies in controlling inflation.
- Time lag - takes years
- External events may affect success of policy e.g. current Eurozone crisis / previous recessions
- Perhaps not as effective as other economic policies to control inflation - leads to next paragraph
Alternatives to question - Alternative economic policy that controls inflation
- Expansionary fiscal
- Contractionary fiscal
- Expansionary monetary
- Contractionary monetary
Include a diagram if you have time
Conclusion - Always start conclusion with question to keep on track, so:
"The extent to which supply-side policies control inflation..."
Summarise adv, disadv and alternative
Get a lot of eval marks in conclusion, make sure it isn't weak
and here is a video
Hope this is of use.