IGCSE/GCSE/O & A Level/IB/University Student Forum

Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: aquarian93 on May 28, 2009, 09:20:53 am

Title: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 28, 2009, 09:20:53 am
guys, i was doing the past papers of this, cuz its on tuesday.
well i jus discovered dat its actually tricky, confusing and well...scary :( :(

im rlly worried atm :( :(

any tips? :(
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: CrEaTuRe_X on May 28, 2009, 09:29:04 am
guys, i was doing the past papers of this, cuz its on tuesday.
well i jus discovered dat its actually tricky, confusing and well...scary :( :(

im rlly worried atm :( :(

any tips? :(

Read the business section in the newspaper, and when they give you a question regarding numbers, e.g; Population changed from 1mill to 2mill in 2009, use percentages to express your answers, (% increase or decrease), thats what my eco teacher told us, and she is undergrad from LSC.
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 28, 2009, 10:25:35 am
oh okie, thank youu
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: I Jimmy I on May 28, 2009, 11:08:39 am
Listen for Eco. P3
All u need to know is simple defintions and read the case study pretty well.
Cuz all the answers are from the case study. Theres nothing  u can bring from ur own. Just do some past papers and ull get used to it!
Its gonna be easy ;)
HOPEFULLY!
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 28, 2009, 03:16:24 pm
yea HOPEFULLY! :(
but wen solving the papers, sometimes, my answers are diff to the mark scheme.
and usually the last question for each extract is like 8pts 10pts, and im like wth?!
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: I Jimmy I on May 28, 2009, 03:27:08 pm
YEP! Same here!
Anywayz m8, dont expect to a 40. :D
A 30+ is considered an A.
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: spiderman on May 28, 2009, 04:01:11 pm
Hey guys, can you'll tell me which text books you'll use for studyn eco
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 28, 2009, 04:29:31 pm
im actually using my notebook more, cuz its more brief
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: I Jimmy I on May 28, 2009, 04:43:25 pm
Dont use ur textbook. Or alteast my textbook sucks.
There is also no need for the textbook in paper 3.
LISTEN U GUYZ!
Paper 3 will have 1 or 2 BASIC and SHORT definitions about anything and the rest will be from the case study.
There is no need to study from the notebook for P3, however this is required in paper2. (structured questions)
ALL the answers to the questions in P3 will be from the case studies and frankly theyre all simple.
Its either "Is there enough evidence....?" or "Do u agree with the spokesman about the ....?"
You will need to refer to the case study and use your commonsense. Hope this helped ;)
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: theigstudent on May 28, 2009, 07:32:20 pm
even i am really counfused with paper 3
i just dont understand wat r the examiners asking 4
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: Fibonacci on May 28, 2009, 10:04:17 pm
Economics: A complete Course for IGCSE and O LEVEL. It is black.

And when it says complete, it is complete! Got everyting! Even a syllabus coverage. Comparing syllabus to topics on book. Really really good
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: nitcomp on May 29, 2009, 06:42:50 am
thought it could help.
eco revision guide..
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: hyebyekadal on May 29, 2009, 06:51:47 am
Economics: A complete Course for IGCSE and O LEVEL. It is black.

And when it says complete, it is complete! Got everyting! Even a syllabus coverage. Comparing syllabus to topics on book. Really really good




lol same!!
i hve the same one but i have the older print from 2000??...
the syllabus hasnt that much so i think it should be ok  plus oleder one explains better


hoping so!
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: Coco on May 29, 2009, 08:19:48 am
I find  paper 3 very hard!
I dono wat 2 include in ma answers :(
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 29, 2009, 12:20:51 pm
I find  paper 3 very hard!
I dono wat 2 include in ma answers :(

yea well i luv econ! but IGCSE econ is freaking me out! i find paper 3 confusing as well :(
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 29, 2009, 12:25:09 pm
thought it could help.
eco revision guide..
omg, thanks alot! i jus saw it! rlly appreciate it :) :)

+REP for uuu :) :)
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: IG_ICE09 on May 29, 2009, 12:57:44 pm
u guyz i find that a lot of questions come from either the theory of the firm/business organization chapter, or from macroeconomic policies and developed/developing countries.

use the Susan Grant "IGCSE and O level Economics" Textbook its amazing has all the points. just learn the points from developed/developing countries and free trade and protectionism, as well as Indicators (esp GDP, inflation, etc). and practice a lot of past papers and if possible make some generalized notes on stuff like "What information would you seek to find out the actions taken beneifted.. (whoever)" its a very common question.

Good luck !!
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: kracknutsugar on May 29, 2009, 01:33:39 pm
hey ppl can u tel me wat topics d questions in ppr 3 (ex ppr 6) are based on?? itz gettn damn buggin because i dunno wat 2 read....itz freakin too much!!!! n ya wats d passing mark 4 ppr 3? ???
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: Freaked12 on May 29, 2009, 01:47:59 pm
it is even scarier if you want to make a career out of economics like for me.:S

thanks Nid and best ov luck to all
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 29, 2009, 02:15:42 pm
u guyz i find that a lot of questions come from either the theory of the firm/business organization chapter, or from macroeconomic policies and developed/developing countries.

use the Susan Grant "IGCSE and O level Economics" Textbook its amazing has all the points. just learn the points from developed/developing countries and free trade and protectionism, as well as Indicators (esp GDP, inflation, etc). and practice a lot of past papers and if possible make some generalized notes on stuff like "What information would you seek to find out the actions taken beneifted.. (whoever)" its a very common question.

Good luck !!

yea the first extract's usually abt business organiztions and the second one abt macroecon. i hav the textbook "Economics the Complete Course" which is okay bt waay too long and takes forever to read the whole thing! i cnt get the textbook ur toking abt rite nw our exam's nex week. my notes are pretty gud tho.
wat do u mean by "What information would you seek to find out the actions taken beneifted.. (whoever)" ? dnt understand.

and cn u guys help me wid this doubt
"wat decides whether a firm stays large or small?"

thanks! :)
gosh im freaking out for tuesday! :(
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: Coco on May 29, 2009, 03:20:46 pm
Welll Firms will be big or small depending on the size of the market for their product.
If firms tend to provide specialised services small firms are ideal due to their ability to respond quickly to one's needs and thus the industry size will be an important factor too.

Financial factors in terms of how much money a business can raise will determine the sizee too.
Is this question from the june 2008 examination?
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: IG_ICE09 on May 29, 2009, 03:45:06 pm
hey aquarian93
i meant that they hav questions asking u to suggest *additional* information u would need to know to support a conclusion given in the passage - try to study past papers' mark schemes to find out *how* to answer these questions, for example make sure you DO NOT list points, u'll only score half the marks even if points r correct, and a conclusion is usually worth 2-3 points.

oh and to the "size of firm" you can add -
1) Age of firm
2) Type of firm (joint stock, sole trader, etc)
3) Whether or not owners decide to experience economies of scale
4) availability of capital
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: paraguay on May 29, 2009, 08:53:28 pm
thought it could help.
eco revision guide..
Hey ppl
i m hvin trouble downloadin this file
cud u plz plz plz mail it 2 e at
paragbumb@gmail.com
thx in advance
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: sweetsh on May 29, 2009, 09:03:53 pm
Paraguay sorry I can't the file is not with me ask the one who posted it to send it to you sorry again
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: lil^$tar on May 29, 2009, 10:45:47 pm
gud luck 2 every1 writing this paper...it shall b well
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: ni on May 30, 2009, 03:13:49 am
thought it could help.
eco revision guide..

+rep (:
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 30, 2009, 04:32:48 am
Welll Firms will be big or small depending on the size of the market for their product.
If firms tend to provide specialised services small firms are ideal due to their ability to respond quickly to one's needs and thus the industry size will be an important factor too.

Financial factors in terms of how much money a business can raise will determine the sizee too.
Is this question from the june 2008 examination?

thank you :) yea it is, or even in the nov 2008 one, i forgot :)  bt yea had trouble answering it, thanks :)
+REP
Title: Re: Economics "Analysis and Critical Evalutaion"
Post by: aquarian93 on May 30, 2009, 04:33:55 am
hey aquarian93
i meant that they hav questions asking u to suggest *additional* information u would need to know to support a conclusion given in the passage - try to study past papers' mark schemes to find out *how* to answer these questions, for example make sure you DO NOT list points, u'll only score half the marks even if points r correct, and a conclusion is usually worth 2-3 points.

oh and to the "size of firm" you can add -
1) Age of firm
2) Type of firm (joint stock, sole trader, etc)
3) Whether or not owners decide to experience economies of scale
4) availability of capital

thank you :) and i yea i saw the question ur toking abt in the past papers, wat other info do u need to be able to come to a conclusion, its kinda confusing to answer :(
anyway, thanks :) +REP