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AQA A-level Economics new 7136 - 06, 13 & 19 Jun 2017 [Exam Discussion] watch

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    (Original post by SWISH99)
    Would it be fair to say that NMW and globalisation/FDI won't come up since they were in the specimens?
    Most likely they won't.
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    (Original post by himynameiskieran)
    Most likely they won't.
    Does this also mean it is unlikely that big essay questions from paper 1 and 2 are likely to come up?

    Paper 1 - Privatisation
    Gender discrimination in labour market
    Sugar tax, demerit goods & behavioural economics
    Poverty ? idk last question

    Paper 2 - Economic development and trade Deflation and monetary policy
    Unemployment Fiscal policy and taxes
    Current account balance of payments

    Paper 3 .. Maybe .. Financial markets, exchange rates .. Trade unions, oligopoly, contestable markets uhhh Protectionism, Supply side policies, Growth?
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    (Original post by steph_diep)
    Does this also mean it is unlikely that big essay questions from paper 1 and 2 are likely to come up?

    Paper 1 - Privatisation
    Gender discrimination in labour market
    Sugar tax, demerit goods & behavioural economics
    Poverty ? idk last question

    Paper 2 - Economic development and trade Deflation and monetary policy
    Unemployment Fiscal policy and taxes
    Current account balance of payments

    Paper 3 .. Maybe .. Financial markets, exchange rates .. Trade unions, oligopoly, contestable markets uhhh Protectionism, Supply side policies, Growth?
    Environmental Market failures? I would actually be happy if that came up
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    The answer is C but does anyName:  image.jpg
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Size:  441.3 KBone know how to get to this answer?
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    (Original post by steph_diep)
    The answer is C but does anyName:  image.jpg
Views: 108
Size:  441.3 KBone know how to get to this answer?
    ((120x2)+(90x1))/3

    Price index of x times by weight plus prices index of good y all divided by the sum of weights.
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    (Original post by GGHarambe)
    ((120x2)+(90x1))/3

    Price index of x times by weight plus prices index of good y all divided by the sum of weights.
    Have you done this one? I got 11.111..% which isn't one of the options
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    (Original post by nellythumper)
    Have you done this one? I got 11.111..% which isn't one of the options
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    That's right, the question says approximately so its A.
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    (Original post by nellythumper)
    Have you done this one? I got 11.111..% which isn't one of the options
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    Is it 10%?
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    (Original post by PFD)
    That's right, the question says approximately so its A.
    Did you get the same? I'm worried I used the wrong method and 1% is a bit far out for my liking
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    (Original post by GGHarambe)
    Is it 10%?
    Supposedly, I know it says approximately but I would expect something like 10.1% if that was the case.
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    (Original post by nellythumper)
    Did you get the same? I'm worried I used the wrong method and 1% is a bit far out for my liking
    I just did 100/20/50
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    (Original post by GGHarambe)
    I just did 100/20/50
    See, I knew my method was dodgy. You just divided the change in GDP by the change in the population and then the change in price level?
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    (Original post by nellythumper)
    See, I knew my method was dodgy. You just divided the change in GDP by the change in the population and then the change in price level?
    What doesn't make sense is why dividing GDP Per capita by Inflation would give you real GDP? Does it work like that?
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    (Original post by nellythumper)
    See, I knew my method was dodgy. You just divided the change in GDP by the change in the population and then the change in price level?
    not a clue if that's actually correct or coincidence
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    (Original post by tommartin29)
    What doesn't make sense is why dividing GDP Per capita by Inflation would give you real GDP? Does it work like that?
    I'm fairly sure that when you divide GDP by inflation as an index number it does give you real GDP
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    (Original post by nellythumper)
    I'm fairly sure that when you divide GDP by inflation as an index number it does give you real GDP
    Yeah but doing 100/20/50 is dividing GDP PER CAPITA by inflation.. I'd assume its meant to be the other way round.. 100/50 to give you Real GDP then 2/20 To give you per capita. It gives the same answer because division order doesn't matter but I think writing it like that is confusing.
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    (Original post by nellythumper)
    Did you get the same? I'm worried I used the wrong method and 1% is a bit far out for my liking
    Yeah
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    It's unlikely that the Eurozone will come up right?
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    Tutor2u put these as the obvious synoptic topics which have micro/macro to talk about

    (Original post by SWISH99)
    It's unlikely that the Eurozone will come up right?
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    What OTHER topics do people think could come up tomorrow besides the 6 Tutor2u suggested synoptic topics which are:
    -Labour markets
    -Financial Markets
    -Behavioural economics
    -Technological issues and competition policy
    -Externalities
    -Development Economics
    ???
 
 
 
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