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AQA GCSE Economics 8136 - Paper 1 & 2 - 24th May & 03rd June 2019
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8472
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#1
AQA GCSE Economics 8136 - Paper 1 & 2 - 24th May & 03rd June
Exam technique, night before breakdowns and discussion regarding this exam... It's all here
Feel free to add resources to the thread as well as anything that may be helpful to others 
This thread covers the following papers:
- 8136 Paper 1 – How markets work (new) 1h 45m 24 May 2019 pm
- 8136/2 Paper 2 – How the economy works (new) 1h 45m 03 June 2019 pm
The official specification:
Spoiler:
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Paper 1: How markets work
What's assessed
Content 1–6
Students will be expected to draw on knowledge and understanding of the entire course of study to show a deeper understanding of these topics.
Paper 2: How the economy works
What's assessed
Content 7–11
Students will be expected to draw on knowledge and understanding of the entire course of study to show a deeper understanding of these topics.
How markets work:
1. Economic foundations
2. Resource allocation
3. How prices are determined
4. Production, costs, revenue and profit
5. Competitive and concentrated markets
6. Market failure
How the economy works:
7. Introduction to the national economy
8. Government objectives
9. How the government manages the economy
10. International trade and the global economy
11. The role of money and financial markets
What's assessed
Content 1–6
Students will be expected to draw on knowledge and understanding of the entire course of study to show a deeper understanding of these topics.
Paper 2: How the economy works
What's assessed
Content 7–11
Students will be expected to draw on knowledge and understanding of the entire course of study to show a deeper understanding of these topics.
How markets work:
1. Economic foundations
2. Resource allocation
3. How prices are determined
4. Production, costs, revenue and profit
5. Competitive and concentrated markets
6. Market failure
How the economy works:
7. Introduction to the national economy
8. Government objectives
9. How the government manages the economy
10. International trade and the global economy
11. The role of money and financial markets
Specimen and past papers: https://filestore.aqa.org.uk/resourc...ment-resources
Last edited by 8472; 3 years ago
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username3602024
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chelsskins417
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#3
finally im struggling to find ocr resources because their website is so secretive wtf
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username3602024
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Bahamas
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chelseagirl2002
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#6
Ahah I know there are no textbooks. I'm just using the spec and the Tutor2u guide. Good Luck!
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chelsskins417
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Aryan3031
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#8
between -1 an 0 it is inelastic demand
between -1 and infinity it is elastic demand
-1 is unitary elastic
0 is perfectly inelastic
infinity is perfectly elastic
between -1 and infinity it is elastic demand
-1 is unitary elastic
0 is perfectly inelastic
infinity is perfectly elastic
(Original post by Slayingrobin)
is ped always positive?
is ped always positive?
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IRegretThisName
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you take away the minus sign pretty sure. so anything > 1 would be elastic, smaller than 1 would be inelastic and 1 is called unitary elastic
(Original post by Aryan3031)
between -1 an 0 it is inelastic demand
between -1 and infinity it is elastic demand
-1 is unitary elastic
0 is perfectly inelastic
infinity is perfectly elastic
between -1 an 0 it is inelastic demand
between -1 and infinity it is elastic demand
-1 is unitary elastic
0 is perfectly inelastic
infinity is perfectly elastic
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chelseagirl2002
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#10
You don't need to know much about elasticity. Just know that elasticity for more than 1 is elastic and less than 1 is inelastic and just know factors that cause this and what they look like on a graph.
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sadierosem
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Aryan3031
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(Original post by IRegretThisName)
you take away the minus sign pretty sure. so anything > 1 would be elastic, smaller than 1 would be inelastic and 1 is called unitary elastic
you take away the minus sign pretty sure. so anything > 1 would be elastic, smaller than 1 would be inelastic and 1 is called unitary elastic
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FarhanShaqib
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James Harle
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47.9% ?
(Original post by FarhanShaqib)
what did you get for the 3mark calculation question in part b?
what did you get for the 3mark calculation question in part b?
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TK195
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chelseagirl2002
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username3602024
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ppsh4221
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FarhanShaqib
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