eco paper 3 discussion onli!!!!!!

[Freaked12]

well ur write...but do we gt defintions....it's mainly using brain....is there anything to mug up...or understand...like can they ask for calculation gdp....or nnp or rpi...or it's just questions abd basic answers...??

nope..there are hardly any calculations in eco..and they r too easy.jus see the formula and ur done...the one abt 2 or 3 or 4 marks..some are basic some are common sense like what are the harms to the society of rising exchange rate and this for3 marks..write 3 points like expensive exports,cheap imports and rising mony supply and u get 3 marks...all in all do u level best in these short type questions

[necrocraft]

just to clarify tommorows exam the paper 3 one is formerly known as paper 6 yeah ? .Cuz some dude called 7ood in another thread said it isnt :S

[devileye]

it's called paper 3...chek in the statement...

[necrocraft]

yeah i know its paper 3 .... It was called paper 6 before yeah ?

[devileye]

ohh..yes it was...like maths paper 2 was colled paper 22!!l lol hey btwwhat are they differences in living standards within countries and between countries, both developed
and developing.

[eyedevil]

Nice topic man.... !!!

[aquarian93]

hmm..but my teacher tld that EC=XB if either is more then it's a problem ..or i think a situation such as this cnnt exist cz wen external benefits are more even external costs will be more..as more production means more benefit and causes pollution for instance isn't it..?? wat do us say???

guys be calm and use common sense..see things clearly and read the question properly..there is no such thin as large definations or calculations in p3...its all about case study..when u go to the centre...read the extract 2 or 3 times to get a clear idea what is it about...prolly the last question u will stuck up but dont worry evey1 will...try ur eternally best in small questions the 1 containing 2 or 3 or 4 marks so that 25 or 23 is atleast garunteed.which is an A..anything in 30 and u get A star.

do u think we'll get RPI or CPI? and wt is it out of?
im rlly nervous

[eyedevil]

y cnt i vote any 1..!!!! i mean give a + or -!!! cn sum 1 tell plzzz

[eyedevil]

yes we may gt rpi just go to google and cee hw to calculate it

[Freaked12]

hmm..but my teacher tld that EC=XB if either is more then it's a problem ..or i think a situation such as this cnnt exist cz wen external benefits are more even external costs will be more..as more production means more benefit and causes pollution for instance isn't it..?? wat do us say???

guys be calm and use common sense..see things clearly and read the question properly..there is no such thin as large definations or calculations in p3...its all about case study..when u go to the centre...read the extract 2 or 3 times to get a clear idea what is it about...prolly the last question u will stuck up but dont worry evey1 will...try ur eternally best in small questions the 1 containing 2 or 3 or 4 marks so that 25 or 23 is atleast garunteed.which is an A..anything in 30 and u get A star.

do u think we'll get RPI or CPI? and wt is it out of?
im rlly nervous

yes we may..read the whole chapter if u feel nervous..plz dont

[devileye]

hey guys this is site is gra8 help a lot check it out>>>>>>>>> http://www.dineshbakshi.com/economics/index.html

[hols]

Hey you guys can anyone help me with Q1 (d) i. in May June 2008
Here's the question paper!
http://www.freeexampapers.us/IGCSE/Economics/CIE/2008%20Jun/0455_s08_qp_6.pdf

[Freaked12]

Hey you guys can anyone help me with Q1 (d) i. in May June 2008
Here's the question paper!
http://www.freeexampapers.us/IGCSE/Economics/CIE/2008%20Jun/0455_s08_qp_6.pdf

look when the government taxes the firm...the average cost of the firm rises...so the firm has to cut back the output to cover up the cost so the supply curve shifts to the left,when the govt gives subsidies to the firm,the firm has more money to increase output plus by increasing the output the firm gets more money than ever so the supply curve shifts to the right...when you hve the D and S diagrams u can explain everything

[Sweet_03]

Is There any tip on How to answer the Questions on paper 3 ?
I find this paper very hard

[Conorrr]

do u think we'll get RPI or CPI? and wt is it out of?

we'll either only get CPI, or we'll have to compare CPI and RPIX. Quite a few people have only said RPI, WE USED RPIX before 96 or wheneverr