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

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    https://youtu.be/gldZ-5D-3IE
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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.
    It was 61 for the old spec last year, if the pattern is anything alike it'll be 55 marks for an A since so many people struggled and it's the first year, I don't think many people were prepared for what we got
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    new number who dis?
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    for the last question i talked about externalities and not it being a public good? will i get marks? for 6g
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    For last question I chose the effects of gov intervention and said how it increases affordability for first time buyers, create employment in housebuilding industry and profits for lenders increase
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    I also didn't speak about public good, I spoke about subsidies, will I get any marks?
    Please answer I am really worried
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    (Original post by jimbob52)
    for the last question i talked about externalities and not it being a public good? will i get marks? for 6g
    I very much doubt it.
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    (Original post by Anonymous146272)
    I also didn't speak about public good, I spoke about subsidies, will I get any marks?
    Please answer I am really worried
    I'm sorry but it's unlikely. Did you Q 6e or 6f
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    (Original post by Willdono)
    For the flower question could you have used extended property rights.
    I put that too so just hoping its ok!
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    (Original post by Mynamesjf21)
    I'm sorry but it's unlikely. Did you Q 6e or 6f
    I did the government provision one. Would i not get marks for evaluation as i talked about opportunity cost, time lag and magnitude etc?
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    Guys for 6f, who referred to government intervention as the help to buy scheme as stated in the extract?
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    (Original post by rosemondtan)
    Guys for 6f, who referred to government intervention as the help to buy scheme as stated in the extract?
    Yeah, i did
    I wrote about impact on affordability, employment and profits for lenders

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    (Original post by Lemauricien)
    Yeah, i did
    I wrote about impact on affordability, employment and profits for lenders

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    Good points! I wrote about consumer surplus, price of houses possibly increasing, increased equality, increased productivity of labour (more incentive to work harder and save for the lower mortgage prices) and how it could possibly lead to credit unworthy individuals being able to take out a mortgage as well. I think my points are pretty unusual so I'm quite worried
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    I talked about a maximum price scheme for housing as govt intervention
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    oh **** waddup! what did you guys write for the functions of money in specialisation question
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    (Original post by rosemondtan)
    Good points! I wrote about consumer surplus, price of houses possibly increasing, increased equality, increased productivity of labour (more incentive to work harder and save for the lower mortgage prices) and how it could possibly lead to credit unworthy individuals being able to take out a mortgage as well. I think my points are pretty unusual so I'm quite worried
    Dw , unusual points which make sense means examiner pays more attention to your response



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    Exam was messed! I started talking about juniour doctors 😂😂
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    (Original post by rosemondtan)
    Guys for 6f, who referred to government intervention as the help to buy scheme as stated in the extract?
    Poop I only talked about them investing in flood defences and houses which result in positive externalities and it shifting supply out so the price decreases which good for consumers as housing is cheaper and then I evaluated them
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    (Original post by swagmister)
    Poop I only talked about them investing in flood defences and houses which result in positive externalities and it shifting supply out so the price decreases which good for consumers as housing is cheaper and then I evaluated them
    So did i
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    (Original post by Dennizun_win)
    Hitler reacts to Unit 1 video uploading soon Be warned its very sweary.
    you are amazing lol
 
 
 

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