Economics "Analysis and Critical Evalutaion"

[aquarian93]

thought it could help.
eco revision guide..

omg, thanks alot! i jus saw it! rlly appreciate it

+REP for uuu

[IG_ICE09]

u guyz i find that a lot of questions come from either the theory of the firm/business organization chapter, or from macroeconomic policies and developed/developing countries.

use the Susan Grant "IGCSE and O level Economics" Textbook its amazing has all the points. just learn the points from developed/developing countries and free trade and protectionism, as well as Indicators (esp GDP, inflation, etc). and practice a lot of past papers and if possible make some generalized notes on stuff like "What information would you seek to find out the actions taken beneifted.. (whoever)" its a very common question.

Good luck !!

[kracknutsugar]

hey ppl can u tel me wat topics d questions in ppr 3 (ex ppr 6) are based on?? itz gettn damn buggin because i dunno wat 2 read....itz freakin too much!!!! n ya wats d passing mark 4 ppr 3?

[Freaked12]

it is even scarier if you want to make a career out of economics like for me.:S

thanks Nid and best ov luck to all

[aquarian93]

u guyz i find that a lot of questions come from either the theory of the firm/business organization chapter, or from macroeconomic policies and developed/developing countries.

use the Susan Grant "IGCSE and O level Economics" Textbook its amazing has all the points. just learn the points from developed/developing countries and free trade and protectionism, as well as Indicators (esp GDP, inflation, etc). and practice a lot of past papers and if possible make some generalized notes on stuff like "What information would you seek to find out the actions taken beneifted.. (whoever)" its a very common question.

Good luck !!

yea the first extract's usually abt business organiztions and the second one abt macroecon. i hav the textbook "Economics the Complete Course" which is okay bt waay too long and takes forever to read the whole thing! i cnt get the textbook ur toking abt rite nw our exam's nex week. my notes are pretty gud tho.
wat do u mean by "What information would you seek to find out the actions taken beneifted.. (whoever)" ? dnt understand.

and cn u guys help me wid this doubt
"wat decides whether a firm stays large or small?"

thanks!
gosh im freaking out for tuesday!

[Coco]

Welll Firms will be big or small depending on the size of the market for their product.
If firms tend to provide specialised services small firms are ideal due to their ability to respond quickly to one's needs and thus the industry size will be an important factor too.

Financial factors in terms of how much money a business can raise will determine the sizee too.
Is this question from the june 2008 examination?

[IG_ICE09]

hey aquarian93
i meant that they hav questions asking u to suggest *additional* information u would need to know to support a conclusion given in the passage - try to study past papers' mark schemes to find out *how* to answer these questions, for example make sure you DO NOT list points, u'll only score half the marks even if points r correct, and a conclusion is usually worth 2-3 points.

oh and to the "size of firm" you can add -
1) Age of firm
2) Type of firm (joint stock, sole trader, etc)
3) Whether or not owners decide to experience economies of scale
4) availability of capital

[paraguay]

thought it could help.
eco revision guide..

Hey ppl
i m hvin trouble downloadin this file
cud u plz plz plz mail it 2 e at
paragbumb@gmail.com
thx in advance

[sweetsh]

Paraguay sorry I can't the file is not with me ask the one who posted it to send it to you sorry again

[lil^$tar]

gud luck 2 every1 writing this paper...it shall b well

[ni]

thought it could help.
eco revision guide..

+rep (:

[aquarian93]

Welll Firms will be big or small depending on the size of the market for their product.
If firms tend to provide specialised services small firms are ideal due to their ability to respond quickly to one's needs and thus the industry size will be an important factor too.

Financial factors in terms of how much money a business can raise will determine the sizee too.
Is this question from the june 2008 examination?

thank you yea it is, or even in the nov 2008 one, i forgot   bt yea had trouble answering it, thanks
+REP

[aquarian93]

hey aquarian93
i meant that they hav questions asking u to suggest *additional* information u would need to know to support a conclusion given in the passage - try to study past papers' mark schemes to find out *how* to answer these questions, for example make sure you DO NOT list points, u'll only score half the marks even if points r correct, and a conclusion is usually worth 2-3 points.

oh and to the "size of firm" you can add -
1) Age of firm
2) Type of firm (joint stock, sole trader, etc)
3) Whether or not owners decide to experience economies of scale
4) availability of capital

thank you and i yea i saw the question ur toking abt in the past papers, wat other info do u need to be able to come to a conclusion, its kinda confusing to answer
anyway, thanks +REP