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2016 Edexcel Economics A: Paper 1 Intro To Markets And Market Failure (May 16th) watch

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    (Original post by thinkecon)
    Hey, so don't want to just give all of these out because students will just think they can memorise these answers... and that's not the case. Also, my model answers are written (not typed) so woud have to type them all up which would take at least 10 hours.

    If you need help with a specific question, quote me with a pic of the question or PM with a pic of the question and I will give you a model response - but only if it's a question you're really struggling with
    Can you give me a model answer of the last question G please??
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    (Original post by lpjjohnson)
    To me, that sounds like a pretty strong answer. I couldn't think straight after the weird wording of the specialisation question and put something about regulations but I don't know if that's right because that would restrict the amount of water that could be extracted?
    I did exactly the same. I think both indirect taxes and regulations are correct, as these are the only two forms of government intervention which would apply.
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    (Original post by SubZero~)
    SAME LOL. I think I'll do better in my other subjects though so. I want a B in this but it's not looking likely after that.
    From the points you've raised throughout the discussion, I think they look fine! So really don't worry grade boundaries remember?
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    Been searching for this thread! Finally

    Not awful but so much for taxes... Not sure whether the flower question in Kenya was indirect taxes? I was a tad sceptical but went with it
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    did anyone else completely run out of time
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    (Original post by Jasaron)
    I did exactly the same. I think both indirect taxes and regulations are correct, as these are the only two forms of government intervention which would apply.
    I really hope so! God, after reading some of the stuff people said they put in the paper I feel like I just didn't have my head screwed on for it. I made some pretty stupid mistakes throughout :/ Thank you again for the notes though, they were really great! How did you find it?
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    (Original post by Jasaron)
    I did exactly the same. I think both indirect taxes and regulations are correct, as these are the only two forms of government intervention which would apply.
    I did extending property rights but I don't know if that applies in this context
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    I wrote about Regulations for Kenya, hated Section B (though I deserved it for barely covering Housing Markets).
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    (Original post by Dnkz7)
    I drew a curve showing how the subsidies have taken an effect, then I evaluated talking about opportunity cost, time lag and magnitude and effectiveness of the subsidies. For the positives I linked it in with the extract talking about how it can make first time buyers save to pay for a deposit for a house for the mortgage
    From your posts you seem like you killed it. All the best!
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    (Original post by lilydavison6)
    did anyone else completely run out of time
    Me, and I completely effed up other questions.


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    (Original post by rosemondtan)
    From the points you've raised throughout the discussion, I think they look fine! So really don't worry grade boundaries remember?
    Hopefully. Good luck in theme 2 bud.
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    (Original post by TaraMott)
    Wanted to drown myself in Lake Naivasha after that exam
    :rofl:
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    (Original post by SubZero~)
    Hopefully. Good luck in theme 2 bud.
    Do you know if there's a thread for Paper 2?
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    (Original post by lpjjohnson)
    Do you know if there's a thread for Paper 2?
    I'll make one
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    (Original post by SDas17)
    I did extending property rights but I don't know if that applies in this context
    I don't think so either.

    (Original post by lpjjohnson)
    I really hope so! God, after reading some of the stuff people said they put in the paper I feel like I just didn't have my head screwed on for it. I made some pretty stupid mistakes throughout :/ Thank you again for the notes though, they were really great! How did you find it?
    I found it okay. I think I dropped about 4 marks in section A, and around 10 in Section B. It was definitely trickier than the specimen paper, and I hope the grade boundaries reflect it.
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    (Original post by Jasaron)
    I don't think so either.



    I found it okay. I think I dropped about 4 marks in section A, and around 10 in Section B. It was definitely trickier than the specimen paper, and I hope the grade boundaries reflect it.
    Wow sounds like you did pretty well then. I worked out that dropping more than 15 would make it hard to get an A so you'll probably have done great if the grade boundaries are reflective of how difficult people found it.
    I didn't even have time to figure out how much I dropped but I'm pretty sure it was more than 14 :/
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    (Original post by lpjjohnson)
    Wow sounds like you did pretty well then. I worked out that dropping more than 15 would make it hard to get an A so you'll probably have done great if the grade boundaries are reflective of how difficult people found it.
    I didn't even have time to figure out how much I dropped but I'm pretty sure it was more than 14 :/
    There's always unit 2, which historically isn't as hard. Also, you can usually drop way more than 15; even in the last year of the old spec you could drop 19 marks and get an A. The lowest grade boundary for an A let you drop 25 marks, which was in the first January the spec was sat in, back in 2010. I'd imagine for this paper, it'd be about 60/80 for an A, although I could be wrong.
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    (Original post by Jasaron)
    There's always unit 2, which historically isn't as hard. Also, you can usually drop way more than 15; even in the last year of the old spec you could drop 19 marks and get an A. The lowest grade boundary for an A let you drop 25 marks, which was in the first January the spec was sat in, back in 2010. I'd imagine for this paper, it'd be about 60/80 for an A, although I could be wrong.
    Yeah I find macro a lot easier than micro. Well, I'm hoping it will all work out in my favour (and everyone else's) and the grade boundaries will be a little lower. Thanks
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    6(f) i wrote about maximum price scheme
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    i beg someone do an unofficial mark scheme
 
 
 

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