Author Topic: Economics Paper 2 Discussion HERE!  (Read 12690 times)

Offline hdbkiwi

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Re: Economics Paper 2 Discussion HERE!
« Reply #60 on: June 10, 2009, 12:38:28 pm »
i chose questions 4, 6 and 7
didnt see anyone chosing Q7
it was on the tarrif and quota and trading, i thought it was quite easy

for Q6 c, i couldnt write that much for 10 marks, i mean i didnt know wot to say
i mentioned that ppl might spend less and save more as they would want to protect the real value of their money
i kinda talked about the interest rates as they may be high due to inflation
and ppl with diff incomes may spend and borrow or save differently
ppl with higher incomes have a greater ability to spend and save than the ppl with lower incomes

i wrote about 6-7 lines and then i was totally stuck so i moved on the the next question
i wrote about 7 pages in totally and my hand was soooo sore, lolz

oh yeah, wot did you guys write for wot is inflation, i mean it was like 4 marks
and for previous years it was only 3 marks
and it was 'a sustained (1) rise (1) in the general (1) level of prices'
well, i also included how it can be caused
I did the tariff/quota question, haha but yeah the inflation one part c-for 10 marks! Hope I can get more than 6 :)
Basically you can lose 5/6 marks per question on average and still get an A for the paper.

cool, ur last line is comforting, thanks :)
my pleasure :) Beest of luck on Econ paper 1 tomorrow! Going to start past papers for it now-see ya :)
Excuse me... have you seen my sanity... I think I lost it. ;)