Qualification > Commerce
ECONOMICS PAPER 2 ! =D
Freaked12:
--- Quote from: interfan123 on June 02, 2010, 07:33:20 pm ---Lets hope so! Guide to Acing Multiple Choice : Study Whole Syllabus :P
--- End quote ---
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:
--- Quote from: shebby on June 02, 2010, 09:59:16 pm ---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! :/
--- End quote ---
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
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