ECONOMICS PAPER 2 ! =D

[Freaked12]

Lets hope so! Guide to Acing Multiple Choice : Study Whole Syllabus

GUYS I did all the MCQs from 2001 to 2008 and the difficult ones i got them cleared with a past examiner So i will be glad to clear any doubt

[shebby]

the case study was alright! Wasnt that bad. But econ multiple can be done if you go through the whole pastpapers with their answers- i tend to crame some and it works! lol
but accounts multiple sucks! No doubt there.
I hope th A is like 20's- aaaah. But anyway its gone! Preparation for multiple now.
Ohh. Hey( freaked 12 lol) ure a pakistani too? lol eh. We belong from th same country but i left it years back. Still visit very often though..
 Are u like done with the whole of multiple? Thats so cool yo! I jst went thru 03 have to go thru all the years still.. Idk how ill manage! :/

[Freaked12]

the case study was alright! Wasnt that bad. But econ multiple can be done if you go through the whole pastpapers with their answers- i tend to crame some and it works! lol
but accounts multiple sucks! No doubt there.
I hope th A is like 20's- aaaah. But anyway its gone! Preparation for multiple now.
Ohh. Hey( freaked 12 lol) ure a pakistani too? lol eh. We belong from th same country but i left it years back. Still visit very often though..
 Are u like done with the whole of multiple? Thats so cool yo! I jst went thru 03 have to go thru all the years still.. Idk how ill manage! :/

Good to know my fellow countryman.
No i am not done its just that i did them like months ago
so if u need help as to why these are the answers pm me

[pastyear]

can i know what is the questions on paper2 varient 1 and 2.
Pls.

[melony]

Varient 1: first q = price elasticity of demand, income elasticity of demand, the article was about cigerattes so they asked whether it in maintained a normal demand curve relationship from the data given, n ther was like a graph showing thay as price went up demand fell, (3)
*whether it is elastic/inelastic: Data given: PED short term= -0.08 PED long run= -0.57
YED= 1.47. (3)
*the causes of the elasticity, (4)
*why cigerattes are taxed (4)
*if cigerattes were made illegal what would be the economic effects(6)

second = (a) advantages of division of labour
(b) how money effects the barter system

third = (a) "the free market price is determined by the rationing and allocating system" explain how this works
(b) the government provides some goods directly in the market, explain why

fouth = something about b.o.p.. buh i cant remember

[pastyear]

Thanks melony. Hope u will get good result.

How about ppl done with varient 2? Can you tell me.