CIE A Level Economics

Hello! Asking anyone who finished their A Level economics exam.
I've been told to include real-life examples and stats in my econ essays ( specifically the 20 markers). I have made a list of cases and stats but I don't understand where to use them.
Could someone help me, if you could provide an example for the same that would be awesome!
Thanks in advance.

Ok so if there was a question about causes of a current account deficit, this would be an example:
One of the causes of a current account deficit would be relatively low productivity levels. Low productivity levels means that export prices will be higher compared to international competitors due to higher (labour) cost per unit. This may lead to a loss of international competitiveness lowering demand for exports and worsening the current account balance. For example, the UK had a current account deficit of over $89 billion in 2023 due to its low productivity (this is a real life example).

hello! thanks a lot!!! So I would have to memorise stats for differnt topics?
Would I have to explain the cause of my example like for instance further exaplain why the productivity was low? Also would you have resources to find these real life examples all collated, if so it would be awesome if you could share them with me.
Thanks a lot again!!

Yes but you don't always need stats tho it's better to have stats memorised. For example, in a question about inflation in one of my mocks, I didn't have a stat memorised but I knew that the inflation rate in England was high so I gave that as my application. I also knew that inflation rate was above 10% recently but I didn't knew the exact inflation rate and the year where the inflation rate was above 10% . So I just wrote "The UK's inflation rate was above 10% recently". You don't always have to be exact. And if you memorise definitions thru flashcards, what you can do is include an application related to the definitions. Like you could include the UK's inflation rate in your definition for inflation. Then it will become much easier to remember the applications.
Well yes you could further explain the cause of your example but only if you think it's going to get you marks. For the example I provided, you could just say in sentence that the cause of the UK's low productivity is low investment in capital and labour. It honestly depends on your question. Most of the time, if your analysis and application covered what the question asked then you don't really need to analyse further. I personally never explained the cause of my examples unless the I felt like I could gain more analysis marks for that particular point.
Use this website: https://www.tutor2u.net/economics/topics. Search the topic for which you would need an application, click on it and browse through the page to find a suitable application. For some topics, you might not find one, so just use online news pages to get applications in that situation. And please read recent news so that you can find applications from them.
I have a Google doc for some applications for A2 macroeconomics. Idk if you are in AS or A2 but let me share it with you:
https://docs.google.com/document/d/1IAdGKbAEeOrOLk_u0yZCQ__NJN1BReRaCFZCP904hfk/edit?usp=drivesdk

Wow, thanks a lot!!! The onformtaion was really helpfull.
Yes I'm an A Level student. I request access to the doc, I would forver oew you if you could give me access!! Thank you so much!

Haha it's my pleasure 😁! I gave you access to the doc to be an editor. You can add applications to the document as well. Maybe we can both benefit from each other's collection of applications in that document.

I sure will. FYI here's a link to some application from Econ Dal https://www.youtube.com/watch?v=hOz1TkvAhT8&list=PLHm4tUF8PnRjlOlyKb4zufW4ilfSqTQCB&index=37. I also have a doc so I'll add my data into yours.