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    Hey guys,
    I've looked around for a thread like this for a while but couldn't find anything, so I decided to make one myself.

    I'm retaking both of these units along side F583 and F585 after getting a D and a B last year. I'm really hoping to get an A* overall because I want to study economics at uni.

    We can share notes, worked solutions, exam technique, revision tips and all round motivation so we can all do well in our exams.

    I'll put up, some notes and resources soon to help us out and if anyone is interested in making a Whatsapp/Facebook group to help us revise just let me know.

    Thanks!


    Exam Dates:
    F581 - Markets In Action: 16/05/2016

    F582 - National and International Economy: 23/05/2016

    Not long left guys! I've only just started revision seriously for this about now tbh, I've been spending most of my time on Maths. This Easter holidays I'm hoping to have compiled notes for everything and then started papers.

    OCR Website: access to past papers, mark scemes, spec and examiners reports
    http://www.ocr.org.uk/qualifications...ics-h061-h461/

    Specification:
    http://www.ocr.org.uk/Images/67693-specification.pdf

    Notes:
    Most of these notes are the result of searching on the internet. I have not made them my self. Name of the person who made it will normally be on the document.
    F581:
    https://docs.google.com/document/d/1...h.wvbeu8h46gjn
    http://www.megafileupload.com/az23/U...ion_Notes.docx

    F582:
    http://www.megafileupload.com/n9t3/u...essential.pptx
    http://www.megafileupload.com/n9t5/A...cs_proper.docx


    Useful Resources:
    http://www.economicsonline.co.uk/
    http://www.economicshelp.org/
    http://www.tutor2u.net/
    https://www.youtube.com/user/pajholden
    https://www.youtube.com/user/EconplusDal
    http://www.kaizenn.uk/re-trying.html (Resource provided by ptrdsn)
    http://mrshearingeconomics.weebly.com/a-level.html (Resource provided by xs4)


    If you'd like to contribute anything, I'll put it up here with full credit.

    Lets Talk!
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    I'm not retaking but happy to help if anyone needs it, got 100 in both modules last year good luck everyone!
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    (Original post by tinkerbella~)
    I'm not retaking but happy to help if anyone needs it, got 100 in both modules last year good luck everyone!
    How did you go about revising for each module
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    (Original post by tinkerbella~)
    I'm not retaking but happy to help if anyone needs it, got 100 in both modules last year good luck everyone!
    I need help
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    (Original post by Zacken)
    I need help
    Should have asked before your GCSE.
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    (Original post by Yousf)
    How did you go about revising for each module
    I made sure I had decent notes written out on everything, particularly with evaluation points for different policies etc, and it's worth learning good definitions to learn as you can pick up easy marks there. Past papers were the most useful for me though, I think I did all of them that I could get hold of. If you figure out how they want you to answer each question, it's so much easier to pick up marks as the structures are more or less always the same
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    (Original post by tinkerbella~)
    I made sure I had decent notes written out on everything, particularly with evaluation points for different policies etc, and it's worth learning good definitions to learn as you can pick up easy marks there. Past papers were the most useful for me though, I think I did all of them that I could get hold of. If you figure out how they want you to answer each question, it's so much easier to pick up marks as the structures are more or less always the same
    Thanks, btw do you still have your notes. Also do you have model essay plans for Micro AS for the 18markers, that would be awesome!
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    (Original post by tinkerbella~)
    I made sure I had decent notes written out on everything, particularly with evaluation points for different policies etc, and it's worth learning good definitions to learn as you can pick up easy marks there. Past papers were the most useful for me though, I think I did all of them that I could get hold of. If you figure out how they want you to answer each question, it's so much easier to pick up marks as the structures are more or less always the same
    Nurd.
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    I have made this website with all the notes. Hope it helps. Here is the page for those who are re-trying: http://www.kaizenn.uk/re-trying.html:
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    (Original post by ptrdsn)
    I have made this website with all the notes. Hope it helps. Here is the page for those who are re-trying: http://www.kaizenn.uk/re-trying.html:

    Link isn't working bro
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    I have now updated the original post with notes, definitions and useful resources.
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    (Original post by Yousf)
    Thanks, btw do you still have your notes. Also do you have model essay plans for Micro AS for the 18markers, that would be awesome!
    Sorry, forgot to reply to this earlier! My notes were all handwritten and I gave them to a friend of mine who's resisting, I just dug out the past papers I did though. If there's anything specific from those you want, just ask because I'm too lazy to upload them all :lol:
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    (Original post by lowhigh)
    Link isn't working bro
    Sorry about that, I put a colon in there by accident. Here it is, hope it helps :P
    http://www.kaizenn.uk/re-trying.html
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    (Original post by ptrdsn)
    Sorry about that, I put a colon in there by accident. Here it is, hope it helps :P
    http://www.kaizenn.uk/re-trying.html
    Wow this is really good. I've put it up under Useful Resources.
    Thank you!
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    (Original post by tinkerbella~)
    I'm not retaking but happy to help if anyone needs it, got 100 in both modules last year good luck everyone!
    Hi, thank you for helping out

    Could you (or anyone else) walk me through the structure I would need to get (close to) full marks in the 18 mark essay? Would it be different for both exams? Is it as simple as definition, 2 analysis, 2 evaluation then conclusion or is there more to it?


    Thanks again!
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    (Original post by lowhigh)
    Hi, thank you for helping out

    Could you (or anyone else) walk me through the structure I would need to get (close to) full marks in the 18 mark essay? Would it be different for both exams? Is it as simple as definition, 2 analysis, 2 evaluation then conclusion or is there more to it?


    Thanks again!
    Hey, sorry for the late reply!

    It is basically that simple, yeah the mark scheme is something along the lines of:
    L1 - Define relevant key terms in the question
    L2 - Application - relate the examples or further explanation regarding the question and possible policies to use
    L3 - Analysis - build on L2 and explain the impacts using economic terminology and a diagram if possible. Try to make links, ie. x happens which causes y to happen etc. Basically argue in favour of whatever is being suggested in the question.
    L4 - Evaluation - why whatever suggested policy might not work, and what its impact depends upon. List any general limitations/problems of whatever (so argue against it) then discuss how certain things might limit effectiveness, eg. output gap, offset by other factors.
    L4+ - Judgement - weigh up your arguments and reach a conclusion. If it's a policy, would an alternative policy be more effective, could using the two simultaneously be better? Give an opinion, support it with evidence.

    Whenever I wrote essays, L2 and L3 pretty much merged together so as long as you get the main points in, you should be fine for macro, it's worth thinking about government objectives and for micro - efficiency can be quite a big one. Plus equity can come into both. There are obviously other points but if ever I couldn't think of anything, I fell back on those.

    Hope that helps a little bit! If you need more specific advice for different essays, just ask
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    (Original post by tinkerbella~)
    Hey, sorry for the late reply!

    It is basically that simple, yeah the mark scheme is something along the lines of:
    L1 - Define relevant key terms in the question
    L2 - Application - relate the examples or further explanation regarding the question and possible policies to use
    L3 - Analysis - build on L2 and explain the impacts using economic terminology and a diagram if possible. Try to make links, ie. x happens which causes y to happen etc. Basically argue in favour of whatever is being suggested in the question.
    L4 - Evaluation - why whatever suggested policy might not work, and what its impact depends upon. List any general limitations/problems of whatever (so argue against it) then discuss how certain things might limit effectiveness, eg. output gap, offset by other factors.
    L4+ - Judgement - weigh up your arguments and reach a conclusion. If it's a policy, would an alternative policy be more effective, could using the two simultaneously be better? Give an opinion, support it with evidence.

    Whenever I wrote essays, L2 and L3 pretty much merged together so as long as you get the main points in, you should be fine for macro, it's worth thinking about government objectives and for micro - efficiency can be quite a big one. Plus equity can come into both. There are obviously other points but if ever I couldn't think of anything, I fell back on those.

    Hope that helps a little bit! If you need more specific advice for different essays, just ask
    This helped a lot thanks.

    A couple more questions if you don't mind
    How many times would you recommend I do L2,3 and 4 in one essay? i.e. How many points should I be making?

    Also could you elaborate on what you meant by equity please? I'm not sure what that is.
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    (Original post by lowhigh)
    This helped a lot thanks.

    A couple more questions if you don't mind
    How many times would you recommend I do L2,3 and 4 in one essay? i.e. How many points should I be making?

    Also could you elaborate on what you meant by equity please? I'm not sure what that is.
    No problem!

    I used to do around 3 each for how/why it would work (L3), how/why it wouldn't work (L4) and 2/3 for what it depends on (L4). Then just a bit on the end to conclude, I never made that particularly long so as long as you back it up, it should be fine. It's definitely quality over quantity though, two well developed points for each should be enough as long as they're detailed and linked. If you have time, do more but if not, just try and get something decent down for each level.

    Equity is all about fairness and equality, it's quite useful when evaluating things. For example, if you have to talk about taxing junk food, you might mention how the poor perhaps cannot afford to pay for better quality food and in comparison to the wealthy, they will be far worse off since the tax will take a higher proportion of their disposable income, so the tax is regressive and could be unfair/inequitable. You could also suggest hypothecated taxes as a way to reduce the impact of this - use the revenue earned from the tax on junk food to fund subsidies for fruit, for example. I don't think hypothecation is taught at AS but it's a nice concept to bring in
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    (Original post by tinkerbella~)
    No problem!

    I used to do around 3 each for how/why it would work (L3), how/why it wouldn't work (L4) and 2/3 for what it depends on (L4). Then just a bit on the end to conclude, I never made that particularly long so as long as you back it up, it should be fine. It's definitely quality over quantity though, two well developed points for each should be enough as long as they're detailed and linked. If you have time, do more but if not, just try and get something decent down for each level.

    Equity is all about fairness and equality, it's quite useful when evaluating things. For example, if you have to talk about taxing junk food, you might mention how the poor perhaps cannot afford to pay for better quality food and in comparison to the wealthy, they will be far worse off since the tax will take a higher proportion of their disposable income, so the tax is regressive and could be unfair/inequitable. You could also suggest hypothecated taxes as a way to reduce the impact of this - use the revenue earned from the tax on junk food to fund subsidies for fruit, for example. I don't think hypothecation is taught at AS but it's a nice concept to bring in
    Ah I see. Thank you for this.

    Do you think examiners would have an issue with using the stuff we're learning at A2 in our AS exams? For example could we say an advantage of specialisation is that it offers opportunity for economies of scale? Or etc.

    Would stuff like that get acknowledged do you think?
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    http://mrshearingeconomics.weebly.com/a-level.html
 
 
 
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