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Economic

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lucien2a:
How was you Economic paper 2? I hope my tips and other people who ghad posted the tips had help you in paper 2.
Paper 1 for the calculation part (as a person had ask):
-Elasticity
-inflation rate
-Exchange rate
-Market failure ( cost and benefit)
-BOP
I may have more but i cannot think it yet. May be later .Good luck

Priya:
Thanks for the tips for Paper 2. They were really helpful.

Good luck for your exams too :)

Paper 1 - cannot really forecast anything. Just work loads of past exam questions!

P.S: Was your data response question on elasticity? I think the papers this time are not the same around the world..

lucien2a:
Priya,
do you mean the food weightage?
I took that paper  ;D

Priya:
The data response in the paper which I took was on income elasticity and price elasticity of air travel.

In Section B, I did an essay on how does price change following a decrease in supply and the second part was on effectiveness of government intervention.

The paper was easy overall...

Twinsis:
Hey Priya,
I took zat paper 2,
where r u from??

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