AQA A-level Economics 7136 - 05, 12, 15 Jun 2018 [Exam discussion]

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laura808
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Although it's a bit early I thought I would make a general thread for discussion of AQA Economics in 2018.

Dates (I will add official dates when released)

Paper 1 - June 2017
Paper 2 - June 2017
Paper 3 - June 2017

Revision Resources

a) https://www.tutor2u.net/economics
b) https://www.youtube.com/user/pajholden
c) https://studywise.co.uk/a-level-revision/economics/

Any others great resources let me know and I'll add them.

Good Luck!
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brose1
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Thanks for this thread! I'm studying AQA and obviously because it's a new course, there aren't many past papers for Paper 3 and context in Paper 1 and 2 with the marking lay out. Would be really grateful if anyone could post some on here if they have any!!Good Luck to everyone revising!
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KillerzZ29563
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Hi!

I will be taking exams in June as well! Would you recommend looking at the old spec past papers ?
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Fox Corner
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Hi :wavey: Nice exam thread! I've added it to our big list of exam threads here where you can find helpful threads for all the exams you're doing If you feel like making any more exam threads, let me know the link and I can add it in as well! Happy revising :bl:
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Jake_logan
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Does anyone have any speculation as to what the 25 markers may possibly be or have any suggestions as to what topics may be asked in the June papers, especially for paper 3. How does one prepare for paper 3? My teachers are leaving that until the upmost last, but to be honest, it's quite worrying, thus only specimen papers, so I can't really practice any questions before hand. Any suggestions, I also read around the subject - i.e. the news and read The Economist weekly. I suppose this should help, but none of it stays in, I'm just familiar with the current affairs, but I do not even know what's credible information or just unneeded information.
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Jake_logan
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Can someone please provide me some real life application of monopolies, and oligopolies and enough to gain maximum marks in my 25 marker. My content of the subject is very good and as well as my exam technique. I am currently getting 17-19 in my past essay questions, but need higher marks. Any suggestions?


Also, could someone explain to me contestable markets and perfect competition. I've used so many resources, but I cannot seem to get my head round it.
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Chittesh14
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(Original post by Jake_logan)
Can someone please provide me some real life application of monopolies, and oligopolies and enough to gain maximum marks in my 25 marker. My content of the subject is very good and as well as my exam technique. I am currently getting 17-19 in my past essay questions, but need higher marks. Any suggestions?


Also, could someone explain to me contestable markets and perfect competition. I've used so many resources, but I cannot seem to get my head round it.
I'm currently focusing on application too. Please let me know if you find any useful information or make any notes, thank you.
By the way, it depends on the context of the question.
When I discuss nationalisation, I usually talk about British Telecommunications (BT) or the railways.
I also talk about Northern Rock or Royal Bank of Scotland (RBS) if talking about nationalised banks during the financial crisis.
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Jake_logan
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(Original post by Chittesh14)
I'm currently focusing on application too. Please let me know if you find any useful information or make any notes, thank you.
By the way, it depends on the context of the question.
When I discuss nationalisation, I usually talk about British Telecommunications (BT) or the railways.
I also talk about Northern Rock or Royal Bank of Scotland (RBS) if talking about nationalised banks during the financial crisis.
Would you mind telling me about BT, Northern Rock and RBS please ?
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Chittesh14
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(Original post by Jake_logan)
Would you mind telling me about BT, Northern Rock and RBS please ?
I'll tell you a summary of each and this is because you are like me. I used to do this a lot, just get spoonfed all the time. The truth is, Economics is all about reading and that's the only way you'll become better at it. You've got to read for yourself and understand everything in your own style. I'm doing that and I think I'm improving lol.

But anyway:

BT was a monopoly telecoms supplier in the United Kingdom. Back then, it was actually known as the General Post Office (GPO) when it took over the whole private sector telephone service. They were controlled by the government to prevent exploitation of consumers. It tried to split the company into two separate corporations in which BT was created. Then, BT was introduced to competition and eventually it was later privatised and sold back to the private sector.

In 2008 the Northern Rock bank was nationalised by the British Labour Government, due to financial problems caused by the subprime mortgage crisis because banks were 'too important to fail' due to the systemic risks involved. The same applied for RBS.
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musicangel
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Hi
I was wondering if anyone had suggestions for Paper 3 as I do not know how to approach this.
Are there topics that are most likely to come up and how do you link micro and macro points?
Thanks!
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Jake_logan
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Question - I was doing a multi choice past paper and I have no idea why the answer is D - Jan 2009 - Q 23 states

23 The table below gives information on the supply of, and demand for, potatoes over a range of market prices.
The market is managed through a buffer-stock scheme.
Price £/kilo Quantity demanded 000 kilos per week Quantity supplied 000 kilos per week 6 6 3 9 4 4 12 3 5
If the manager of the buffer-stock scheme for potatoes decided to establish a minimum price of £12 per kilo, this would require that:

A the production of potatoes be subsidised.
B a tax be imposed on consumers of potatoes.
C potatoes be released from the buffer stock.
D potatoes be purchased for the buffer stock.

Please help!

Question paper here - http://pmt.physicsandmathstutor.com/...%20A-level.pdf
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zack.co
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(Original post by laura808)
Although it's a bit early I thought I would make a general thread for discussion of AQA Economics in 2018.

Dates (I will add official dates when released)

Paper 1 - June 2017
Paper 2 - June 2017
Paper 3 - June 2017

Revision Resources

a) https://www.tutor2u.net/economics
b) https://www.youtube.com/user/pajholden
c) https://studywise.co.uk/a-level-revision/economics/

Any others great resources let me know and I'll add them.

Good Luck!
https://www.youtube.com/user/EconplusDal the best video resource for A-level Economics
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zack.co
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(Original post by Jake_logan)
Does anyone have any speculation as to what the 25 markers may possibly be or have any suggestions as to what topics may be asked in the June papers, especially for paper 3. How does one prepare for paper 3? My teachers are leaving that until the upmost last, but to be honest, it's quite worrying, thus only specimen papers, so I can't really practice any questions before hand. Any suggestions, I also read around the subject - i.e. the news and read The Economist weekly. I suppose this should help, but none of it stays in, I'm just familiar with the current affairs, but I do not even know what's credible information or just unneeded information.
My teacher has predicted exchange rates and its effect on macroeconomic performance as one of the 25 markers.
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charlieb0610
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(Original post by zack.co)
https://www.youtube.com/user/EconplusDal the best video resource for A-level Economics
another one i recently came across is https://www.youtube.com/watch?v=xbipgXlzGCE&t=445s it is genuinely the most useful a level econ revision advice ever. i used her essay structure and my teacher was shocked at how much my essay has improved lol.
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angela_222
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does anyone have an unofficial mark scheme for unit 1 that we did today
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nickbarrow
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(Original post by Jake_logan)
Question - I was doing a multi choice past paper and I have no idea why the answer is D - Jan 2009 - Q 23 states

23 The table below gives information on the supply of, and demand for, potatoes over a range of market prices.
The market is managed through a buffer-stock scheme.
Price £/kilo Quantity demanded 000 kilos per week Quantity supplied 000 kilos per week 6 6 3 9 4 4 12 3 5
If the manager of the buffer-stock scheme for potatoes decided to establish a minimum price of £12 per kilo, this would require that:

A the production of potatoes be subsidised.
B a tax be imposed on consumers of potatoes.
C potatoes be released from the buffer stock.
D potatoes be purchased for the buffer stock.

Please help!

Question paper here - http://pmt.physicsandmathstutor.com/...%20A-level.pdf
Really wouldn't worry about this...buffer stock is definitely not on the spec anymore...that paper is from 2009!
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cathartic
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im so stressed i feel like i know nothing im currently still finishing my macro notes and i have so much to memorise and done 0 papers!
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a_m123
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Can someone clarify for me, for paper 3 aqa;
We're given lots of extracts to use in our answers,
There's a standard 25 and 15 marker,
And 10 marker .. which u now evaluate in (Only the 10&25 marker u evaluate) - but u use your micro and macro knowledge throughout (is it ok if we don't really use one side alot but use the other side more e.g.. macro)
And lots of mixed macro micro multiple choice questions


Is that essentially paper 3?
Am I missing any important/new parts in the paper?
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cathartic
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Hi guys what are the grade boundaries for economics? What do you think an a* will be? Last year they were quite low
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jmoore277
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I've tried finding past paper questions for micro and macro that are similar to our spec, but i'm struggling. Does anyone have a document with 15 /25 markers for aqa.
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