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Author Topic: Economic  (Read 4910 times)

Offline lucien2a

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Economic
« on: November 06, 2009, 04:57:42 am »
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
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Offline Priya

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Re: Economic
« Reply #1 on: November 07, 2009, 03:36:45 pm »
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..
« Last Edit: November 07, 2009, 03:40:36 pm by Priya »
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Offline lucien2a

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Re: Economic
« Reply #2 on: November 08, 2009, 04:37:29 am »
Priya,
do you mean the food weightage?
I took that paper  ;D
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Offline Priya

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Re: Economic
« Reply #3 on: November 08, 2009, 10:12:12 am »
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...
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Offline Twinsis

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Re: Economic
« Reply #4 on: November 08, 2009, 12:56:24 pm »
Hey Priya,
I took zat paper 2,
where r u from??
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Offline Priya

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Re: Economic
« Reply #5 on: November 08, 2009, 04:41:10 pm »
^^ From Mauritius.. What about you? :)
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Offline Twinsis

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Re: Economic
« Reply #6 on: November 10, 2009, 11:22:17 am »
Im from Mauritius 2 ;)
Any tips 4 paper 4???
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holtadit

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Re: Economic
« Reply #7 on: November 10, 2009, 11:53:51 am »


Quote
Im from Mauritius 2 Wink
Any tips 4 paper 4???
Twinsis dont even think about it.... if the mods catch u then u will be banned...
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Offline Twinsis

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Re: Economic
« Reply #8 on: November 10, 2009, 12:00:47 pm »
Relax,i was just asking about important chapters 2 revise zat's all!!
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Offline Priya

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Re: Economic
« Reply #9 on: November 10, 2009, 02:40:39 pm »
@ Ari Ben Canaan:
I don't think predictions are not allowed because we did post forecast topics (well before the exams - one week?) for Economics Paper 2 and they were not deleted.

It's another thing altogether, if the "probable topics" were right on spot :) :D

Quote from: Twinsis on November 10, 2009, 12:00:47 pm
Relax,i was just asking about important chapters 2 revise zat's all!!

@Twinsis:
Hugs ;) Did you make that username thinking of me? :) lol

Likely essay questions according to me:

(1) Allocative/Productive efficiency

(2) National Income + standard of living

(3) One question on theory of firm - most probably on oligopoly

(4) Alternative objectives of government and conflicts

(5) Please God, let us have an essay on wages and wage differentials!! :-\

(6) Monetary/fiscal policies + Keynesian economics

As a precautionary measure, prepare unemployment and economic growth well too.

For the data-response, I think trade and exchange rates.

Any tips you want to share?
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Offline LM

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Re: Economic
« Reply #10 on: November 11, 2009, 02:35:56 am »
is this for ICE or NUffield (edexcel)??
what kind of questions are there?
is it like problem solving question,essay types or not?
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Offline lucien2a

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Re: Economic
« Reply #11 on: November 11, 2009, 09:36:54 am »
CIE
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Offline Graffitie

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Re: Economic
« Reply #12 on: November 11, 2009, 12:19:02 pm »
Hi lucien2a,

it looks like you and I would most likely sit for the same paper! i got that data response too! i did the question about public goods and social costs! what about you?

By the way, do you have any predictions regarding tomorrow's paper?? i'm nervous like nobody's business! >< i have no idea what to expect!
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Offline azalyee

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Re: Economic
« Reply #13 on: November 11, 2009, 12:30:46 pm »
good luck to ol those taking exams for eco p4 2morrow..

gonna b hard!!!! :'(
what do u guys think about p2??
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Offline Graffitie

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Re: Economic
« Reply #14 on: November 11, 2009, 12:32:37 pm »
hi! hahaha! did you sit for the one with the data response on food weightage?

i found that data response hard to figure out. >< and i've never really had been able to finish a question paper, but the essays were ok for me! which did you do?

are you sitting for paper 4 tomorrow? and thanks for the luck, will be needing all i can get ><
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