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AS Official Economics A Unit 1: Introduction to markets and market failure - 16th May

This is the official thread for this unit. Please message me any resources you find useful and I will post them here to the original post. :smile:can you add this to your originalpost please so that any new ppl to the thread see this. thanks


Notes.
Follow the instructions on these notes. It has benefited me greatly and improved my grades since the jan mocks.

http://technocratnotes.com/wp-content/uploads/2016/03/Technocrat-Notes-Originals-AS-Level-Edexcel-A-Economics-A-Theme-1.pdf

Websites
www.technocratnotes.com I very much recommend you download their app it is quite awesome.and good revision apphttps://play.google.com/store/apps/d...s.app&hl=en_GB
http://www.tutor2u.net/

http://www.economicshelp.org/blog/ their model answers are absolutely ace.

http://aleveleconomicssuccess.com/ lots of resources

Video

https://www.youtube.com/user/pajholden he explains it like a legend.

https://www.youtube.com/user/EconplusDal

https://www.youtube.com/channel/UCFR...GOMaGr92JFXXSQ


Further Readiing

http://www.theguardian.com/business/economics

http://www.economist.com/

http://beta.tutor2u.net/economics/blog
(edited 8 years ago)

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Lots of resources at: http://aleveleconomicssuccess.com/
Reply 2
Avatar for nickg15b
nickg15b
OP
11
Original post by mapotts53


Thank you :wink:
Original post by nickg15b
This is the official thread for this unit. Please message me any resources you find useful and I will post them here to the original post. :smile:

Websites

www.technocratnotes.com I very much recommend you download their app it is quite awesome.

http://www.tutor2u.net/

http://www.economicshelp.org/blog/ their model answers are absolutely ace.

http://aleveleconomicssuccess.com/ lots of resources

Video

https://www.youtube.com/user/pajholden he explains it like a legend.

https://www.youtube.com/user/EconplusDal

https://www.youtube.com/channel/UCFR...GOMaGr92JFXXSQ


Further Readiing

http://www.theguardian.com/business/economics

http://www.economist.com/

http://beta.tutor2u.net/economics/blog


Hey already made a thread for Edexcel A Theme 1:

http://www.thestudentroom.co.uk/showthread.php?p=63423783#post63423783

I achieved 100% last year in my AS (old spec) so super happy to help with any questions :smile: I self-studied so trying to help new students with the new spec
Original post by nickg15b
This is the official thread for this unit. Please message me any resources you find useful and I will post them here to the original post. :smile:

Websites

www.technocratnotes.com I very much recommend you download their app it is quite awesome.

http://www.tutor2u.net/

http://www.economicshelp.org/blog/ their model answers are absolutely ace.

http://aleveleconomicssuccess.com/ lots of resources

Video

https://www.youtube.com/user/pajholden he explains it like a legend.

https://www.youtube.com/user/EconplusDal

https://www.youtube.com/channel/UCFR...GOMaGr92JFXXSQ


Further Readiing

http://www.theguardian.com/business/economics

http://www.economist.com/

http://beta.tutor2u.net/economics/blog


Would defo add uplearn.co.uk to the list, too, btw, pretty much just used that to get 100% last year. Gives you personalised quizzes, interactive videos for the whole course (imo found them a lot clearer and in-depth than the youtube links in your post) and you get feedback from tutors for free.

Here's a link to the in-depth specification, too:

http://qualifications.pearson.com/content/dam/pdf/A%20Level/economics-a/2015/teaching-materials/Getting_Started_Guide_new.pdf
do you have the aqa summer 2015 economics paper? thanks
Original post by baekhyunbin
do you have the aqa summer 2015 economics paper? thanks


Yes for Units 3 and 4. See:http://aleveleconomicssuccess.com/old-specification
Mark Potts
Finally finished my notes on unit 1! I often run out of time when doing past papers, does anyone have tips on how to manage time?
Reply 8
Avatar for nickg15b
nickg15b
OP
11
Original post by swagmister
Finally finished my notes on unit 1! I often run out of time when doing past papers, does anyone have tips on how to manage time?


Try going through the papers roughly a minute a mark. thats what I try to aim for. if your successful you usually have extra time to go through your answers at the end.
Original post by thinkecon


I achieved 100% last year in my AS (old spec) so super happy to help with any questions :smile: I self-studied so trying to help new students with the new spec


What was the general essay structure that you followed?
Original post by manwtfisthis
What was the general essay structure that you followed?


P1: Definitions, drop knowledge, reference data excessively

P2: Start with "firstly" so examiner can see that this is clearly the first point you're making, develop chain of analysis, bang in a diagram + data, analyse diagram in depth, finish by linking back to question (basically repeat the question)

EV: Start with "however" so examiner can see you're evaluating and then pick a generic evaluation BUT apply it in depth to the context using specific examples and develop with diagram etc. and then link back to question (again repeat the question)

Repeat for however many points/EVs are needed by the question.
Reply 11
Avatar for nickg15b
nickg15b
OP
11
Original post by manwtfisthis
What was the general essay structure that you followed?


Original post by swagmister
Finally finished my notes on unit 1! I often run out of time when doing past papers, does anyone have tips on how to manage time?


Economics Whatsapp group:

http://www.thestudentroom.co.uk/show...1#post64565151
how are you guys finding revision?
Reply 13
Avatar for sji2015
sji2015
1
Any predictions for unit 1 econ (old spec) ?
Tips to score in paper 1:
1. Complete past year papers at least back to 5 years from now. Repeated questions are highly possible.
2. Understand the way examiner sets questions. Questions that are being set are highly similar. They will change the question but they still want to test on the same concepts.
3. For Micro, students are required to fully understand PPC, scarcity, how demand and supply curve shift, PED, YED, XED, consumer and producer surplus, function of money.
4. For Macro, students are required to fully understand inflation, unemployment, BOP, max and min price, social benefits and social costs, how fixed and floating exchange rate work, AD and AS.
I hope these tips can help you. All the best to all the students.I am selling A-level mark scheme EXPLANATION, which is much better than the mark scheme provided online. Do whatapps/sms me at 0149110523 to get a copy.
Can someone please explain what is required by the different types of questions i.e. explain, discuss, evaluate...?
Also where can I find model answers to past paper questions?
A busy weekend ahead preparing for the AS Micro exams on Monday morning!

Here are some really useful links if you need some extra help:

10 Essential Revision Videos to Watch Before Your AS Micro Exam...


Topic-by-topic study notes for AS Micro

Jim

1.

Revision tip for Unit 1
Most of the longer unit 1 questions will require you to write about the various types of MARKET FAILURE, then consider the appropriate forms of GOVERNMENT INTERVENTION and for evaluation you need to write about GOVERNMENT FAILURE. Revise all of these thoroughly. For each type of market failure learn THREE interventions and for each intervention learn THREE ways in which it may fail. That should cover most bases. 0

what comparisons shall I make for the 4 marker?? is it the two highest of both variables or is it the highest and lowest for one and the highest and lowest for the other

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