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    (Original post by steph_diep)
    Attachment 665512
    Tutor2u put these as the obvious synoptic topics which have micro/macro to talk about
    Nice!

    Btw would a reduction in tax to increase incentive be a nudge or a shove?
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    (Original post by SWISH99)
    Nice!

    Btw would a reduction in tax to increase incentive be a nudge or a shove?
    Taxes are shoves, not nudges
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    (Original post by LouisB18)
    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
    ???
    if any of these topics come up i will commit...
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    (Original post by nellythumper)
    Have you done this one? I got 11.111..% which isn't one of the options
    Attachment 665432
    i also got that answer it's an approximation so yeah its a
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    (Original post by luciferhf)
    if any of these topics come up i will commit...
    Keep the faith!
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    How did you calculate this?

    (Original post by nellythumper)
    Have you done this one? I got 11.111..% which isn't one of the options
    Attachment 665432
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    what are some different ways of creating a comparative advantage
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    Can someone do a model answer for the 10 marker, either spec paper idm. Pleaseeeee
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    (Original post by Nuggetsarelife)
    Can someone do a model answer for the 10 marker, either spec paper idm. Pleaseeeee
    My teacher gave me this in class
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    How should we answer the longer essay questions? Like a paragraph on macro then a paragraph on micro? or just combine both in all the paragraphs?
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    (Original post by Krystal18)
    My teacher gave me this in class
    Is there a response for the 25 marker by any chance ?
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    Here you go
    Attached Images
      
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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.
    where does 90 x 1 come from?
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    (Original post by gcsestud)
    How did you calculate this?
    (Original post by nellythumper)
    Well, the way I did it was to work out real GDP per capita in 2005 which was obviously 100/100=1. Then work out real GDP per capita in 2014, real GDP was (200/150)*100 which gave you 400/3. Then divide 400/3 by the population of 120 to get 400/360 which was 1.1111... (recurring). So now its just a percentage change of (1.11111...-1)/1 then *100 to get a percentage and this came out to 11.1111...%. But I would have thought the answer would be exactly 10% if that was one of the options.
    I don't understand why they wouldn't give it as an exact answer
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    (Original post by Kaasi)
    where does 90 x 1 come from?
    That is the weighting of good Y
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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.
    Yes, but how did you work that out
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    (Original post by nellythumper)
    That is the weighting of good Y
    dont worry im a retard
    just got it
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    anyone done mcqs from the aqa book for macro?
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    (Original post by Sap434)
    anyone done mcqs from the aqa book for macro?
    The textbook? I'm doing those tomorrow to get my brain in gear.
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    (Original post by FTSE420)
    Mentioning thr ageing population was one of the best things you could have said in my opinion. The ageing population in Japan is one of the key reasons for their prolonged deflation. Monetary policy is likely to be ineffective in a place like Japan since such reflationary policy is unlikely to work due to the MPC of elderly people being far lower than younger people. Also, the fact that it wasn't mentioned in the extract shows good knowledge of Japan's economy - it's a superb evaluative point. I was surprised at how so many people discarded this factor in determining the effectiveness of interest rates because it's a huge factor, especially in Japan and increasingly in the developed world.
    Ty ^_^ hopefully the examiner agrees!
 
 
 
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