IGCSE/GCSE/O & A Level/IB/University Student Forum
Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: Jake on June 02, 2009, 05:42:03 pm
-
Guyz...how was economics today??? paper 6??
i found it pretty easy!!
-
yep really easy... ;D
the bad part..the GRADING THRESHOLD
-
yea..i noe..!!
nwyz..could you tell me what you wrote for ...
'Why do you think the EU imposed a tariff?'
-
yea..i noe..!!
nwyz..could you tell me what you wrote for ...
'Why do you think the EU imposed a tariff?'
to protect employment in its member states as now consumers will find imports expensive and therefore will buy local products.2.By imposing tariff the EU will be gaining money for public expenditure.3.to make balance of payment positive and therefore stop foreign currency reserves from further decrease
-
AWESOME ;D ;D ;D ;D
-
AWESOME ;D ;D ;D ;D
what was ur answer to tariff
-
AWESOME ;D ;D ;D ;D
what was ur answer to tariff
well i explained
protecting domestic firms
Dumping
unfavourable Balance of trade payments
Infant industries
and adverse effects if these were not done----unemployment,low GDP,etc.
-
discuss what do u need to know to decide small farmers are in fact inefficient
-
i loved this paper i really do
-
discuss what do u need to know to decide small farmers are in fact inefficient
i wrote we need to know
-if it was cost-efficient
-how well it utilized government subsidy as compared to the larger operations now
-it's contribution in the past years to economic growth(the real and actual values)
-It's contribution to income from export
-Quality of output
-Price changes of the products or how the products affected inflation(real and actual terms)
-difference in % share of economy's growth,export, output,etc of smaller farmers and larger operations
-also the damages it might have cost(social costs) as in cutting down of trees for farming or slash and burn methods of the farmers reducing soil fertility,etc
-
discuss what do u need to know to decide small farmers are in fact inefficient
i wrote we need to know
-if it was cost-efficient
-how well it utilized government subsidy as compared to the larger operations now
-it's contribution in the past years to economic growth(the real and actual values)
-It's contribution to income from export
-Quality of output
-Price changes of the products or how the products affected inflation(real and actual terms)
-difference in % share of economy's growth,export, output,etc of smaller farmers and larger operations
-also the damages it might have cost(social costs) as in cutting down of trees for farming or slash and burn methods of the farmers reducing soil fertility,etc
i wrote
-what level of profits does the firm make
-what does the firm do to the profits made
-calculate average revenue,average costs,total costs and total revenue,output per labour and compare them to check efficiency
-do cost and benefit analysis
-what % of employment,% of output do the small firms occupy of the total economy
:D
-
discuss what do u need to know to decide small farmers are in fact inefficient
i wrote we need to know
-if it was cost-efficient
-how well it utilized government subsidy as compared to the larger operations now
-it's contribution in the past years to economic growth(the real and actual values)
-It's contribution to income from export
-Quality of output
-Price changes of the products or how the products affected inflation(real and actual terms)
-difference in % share of economy's growth,export, output,etc of smaller farmers and larger operations
-also the damages it might have cost(social costs) as in cutting down of trees for farming or slash and burn methods of the farmers reducing soil fertility,etc
i wrote
-what level of profits does the firm make
-what does the firm do to the profits made
-calculate average revenue,average costs,total costs and total revenue,output per labour and compare them to check efficiency
-do cost and benefit analysis
-what % of employment,% of output do the small firms occupy of the total economy
:D
I wrote similar to you Freaked12 :D :D
-
My friends who took this exam today said that it was dead easy.
-
My friends who took this exam today said that it was dead easy.
yeah it was...but Inshallah paper 2 & paper 1 will be easy like this ;)
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
In economics,there are almost 12 fields for you to choose from ..most important of which is International trade may open doors for World bank etc.Business would be gr8 if you have a business yourself or u planning to do MBA.MBA is good as well but in start u will recieve very low wages which may increase later on depending on ur capability.
So i would prefer Economics Acc and Maths...
i will take economics,Pure maths,general maths and ICT
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
In economics,there are almost 12 fields for you to choose from ..most important of which is International trade may open doors for World bank etc.Business would be gr8 if you have a business yourself or u planning to do MBA.MBA is good as well but in start u will recieve very low wages which may increase later on depending on ur capability.
So i would prefer Economics Acc and Maths...
i will take economics,Pure maths,general maths and ICT
Thnkz 4 ur opnion..But what does MBA stand for??
I was going to take economics,math and ICT but ICT is too hard and is nt gonaa benefit me in the future :P
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
In economics,there are almost 12 fields for you to choose from ..most important of which is International trade may open doors for World bank etc.Business would be gr8 if you have a business yourself or u planning to do MBA.MBA is good as well but in start u will recieve very low wages which may increase later on depending on ur capability.
So i would prefer Economics Acc and Maths...
i will take economics,Pure maths,general maths and ICT
Thnkz 4 ur opnion..But what does MBA stand for??
I was going to take economics,math and ICT but ICT is too hard and is nt gonaa benefit me in the future :P
MBA=management and Business sciences.
ICT will open doors for computer sciences i think
anyways can u answer my business studies question
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
In economics,there are almost 12 fields for you to choose from ..most important of which is International trade may open doors for World bank etc.Business would be gr8 if you have a business yourself or u planning to do MBA.MBA is good as well but in start u will recieve very low wages which may increase later on depending on ur capability.
So i would prefer Economics Acc and Maths...
i will take economics,Pure maths,general maths and ICT
Thnkz 4 ur opnion..But what does MBA stand for??
I was going to take economics,math and ICT but ICT is too hard and is nt gonaa benefit me in the future :P
MBA=management and Business sciences.
ICT will open doors for computer sciences i think
anyways can u answer my business studies question
oo oki :P...thnkz 4 ur opnion again :P
Wat ur question.maybe i can help u out??
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
In economics,there are almost 12 fields for you to choose from ..most important of which is International trade may open doors for World bank etc.Business would be gr8 if you have a business yourself or u planning to do MBA.MBA is good as well but in start u will recieve very low wages which may increase later on depending on ur capability.
So i would prefer Economics Acc and Maths...
i will take economics,Pure maths,general maths and ICT
Thnkz 4 ur opnion..But what does MBA stand for??
I was going to take economics,math and ICT but ICT is too hard and is nt gonaa benefit me in the future :P
MBA=management and Business sciences.
ICT will open doors for computer sciences i think
anyways can u answer my business studies question
oo oki :P...thnkz 4 ur opnion again :P
Wat ur question.maybe i can help u out??
.erm....how should market research be done..like in Price there is pricing strategy etc???
or if u cant understand...whats a market research..lol
-
This is soooooooooooooo bad.U Mr el.diablo,u seem to have to given me a huge lot of bad stomach aches.
If it was that easy,than surely curve would be --------
lets jus pray we all get an A :'(
Inshallah :)!!!
By the way ppl which subjects shall i choose for next year :
Accounts.business.Math
OR
Accounts,Economics,Math
Plzz tell me ur opnion :D
In economics,there are almost 12 fields for you to choose from ..most important of which is International trade may open doors for World bank etc.Business would be gr8 if you have a business yourself or u planning to do MBA.MBA is good as well but in start u will recieve very low wages which may increase later on depending on ur capability.
So i would prefer Economics Acc and Maths...
i will take economics,Pure maths,general maths and ICT
Thnkz 4 ur opnion..But what does MBA stand for??
I was going to take economics,math and ICT but ICT is too hard and is nt gonaa benefit me in the future :P
MBA=management and Business sciences.
ICT will open doors for computer sciences i think
anyways can u answer my business studies question
oo oki :P...thnkz 4 ur opnion again :P
Wat ur question.maybe i can help u out??
.erm....how should market research be done..like in Price there is pricing strategy etc???
or if u cant understand...whats a market research..lol
sorry but cant help,,bcoz i have the exact same prblm :S
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
-
anyone?
-
YUP,
This was easy, but Paper 2 can be hard..!
Hope all of us get A's
=D
-
discuss what do u need to know to decide small farmers are in fact inefficient
i wrote we need to know
-if it was cost-efficient
-how well it utilized government subsidy as compared to the larger operations now
-it's contribution in the past years to economic growth(the real and actual values)
-It's contribution to income from export
-Quality of output
-Price changes of the products or how the products affected inflation(real and actual terms)
-difference in % share of economy's growth,export, output,etc of smaller farmers and larger operations
-also the damages it might have cost(social costs) as in cutting down of trees for farming or slash and burn methods of the farmers reducing soil fertility,etc
A large firm can contribute alot but be very inefficient- business studies helps with this. There is little connection with efficiency and some of the things you say :)
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
me too
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
me too
I am happy abt this paper...Inshallah paper 2 will be easier :D:D
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
me too
I am happy abt this paper...Inshallah paper 2 will be easier :D:D
u took business today??
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
me too
I am happy abt this paper...Inshallah paper 2 will be easier :D:D
u took business today??
yeah..u??
-
yep...it was good..same like economics in terms of level of easyiness but that is so not good..lmao
-
yep...it was good..same like economics in terms of level of easyiness but that is so not good..lmao
yeah it was gd 4 me also...By the way do range goes by the country or region or whole world???
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
me too
i did wat u guys did and then after dat i did a fall in demand for cosmetics, due to high prices. three diagrams, one for the rice market, and two for the cosmetics. supply falls, and then demand falls cuz of high price.
-
wt did u guys do for the demand and supply analysis diagrams on the rice question? the second one?
for both of the diagrams i drew a shift in the supply curve to the left..as they will supply less and prices will be high...I hope this is right wat i have done..but i asked the teacher she said its right :) :)
me too
i did wat u guys did and then after dat i did a fall in demand for cosmetics, due to high prices. three diagrams, one for the rice market, and two for the cosmetics. supply falls, and then demand falls cuz of high price.
well i did only 1 diagram for supply to left.. shift. considering in short run and short term thts wats going to happen. In long run - term, however, the demand's gona fall.
-
so its ok rite? cuz i hav two of fall in supply diagrams anyway.
hey wt did u do for the last question on market economy?
-
so its ok rite? cuz i hav two of fall in supply diagrams anyway.
hey wt did u do for the last question on market economy?
yea its completely fine as long as u did a shift to supply towards left.. because examiners want to knw the short run-term effect of a change. :). hmm.. ah well u had to argue both sides.. like yea u can say its market frm the data but we still knw to knw how much market share of the whole economy is covered by private and public to conclude something.. it was open question so u cud write almost anything.
Hope tht helps :)
-
the last one was a mixed economy.
You had to take out relevant information from the extract to support your answer..
-
the last one was a mixed economy.
You had to take out relevant information from the extract to support your answer..
Yea, you could say anything.. but had to support ur answer strongly and at end a conclusion wud be excellent.
-
and what could be the reasons for the EU putting a tariff on the cheap shoes??
-
and what could be the reasons for the EU putting a tariff on the cheap shoes??
to protect the european countries local businesses .. make free international trade limited.. tht wud make shoes expensive so people wud import less and so surplus for the EU's economy. tht was it bascially.. if u explained tht points it wud be a gud answer
Hope it helps :)
-
U COULD HAVe written more money for European union for it to distrbute to member states.I doubt to limit free international trade is right cuz the first and the second of ur answer were similar as due to free trade the businesses were being threatened.
-
U COULD HAVe written more money for European union for it to distrbute to member states.I doubt to limit free international trade is right cuz the first and the second of ur answer were similar as due to free trade the businesses were being threatened.
ah well lol.. if i remember i said something different abt international trade and other stuff... overall it was a gud paper :)
-
U COULD HAVe written more money for European union for it to distrbute to member states.I doubt to limit free international trade is right cuz the first and the second of ur answer were similar as due to free trade the businesses were being threatened.
ah well lol.. if i remember i said something different abt international trade and other stuff... overall it was a gud paper :)
no i was jus reminding my dear fellow gents and ladies that being super confident in maths and physics is accepted because u probably checked the answers with your friends or u tested it against the question but in economics and business in the analysis paper u be confident at ur own risk!
-
U COULD HAVe written more money for European union for it to distrbute to member states.I doubt to limit free international trade is right cuz the first and the second of ur answer were similar as due to free trade the businesses were being threatened.
ah well lol.. if i remember i said something different abt international trade and other stuff... overall it was a gud paper :)
no i was jus reminding my dear fellow gents and ladies that being super confident in maths and physics is accepted because u probably checked the answers with your friends or u tested it against the question but in economics and business in the analysis paper u be confident at ur own risk!
true lol..
-
U COULD HAVe written more money for European union for it to distrbute to member states.I doubt to limit free international trade is right cuz the first and the second of ur answer were similar as due to free trade the businesses were being threatened.
ah well lol.. if i remember i said something different abt international trade and other stuff... overall it was a gud paper :)
no i was jus reminding my dear fellow gents and ladies that being super confident in maths and physics is accepted because u probably checked the answers with your friends or u tested it against the question but in economics and business in the analysis paper u be confident at ur own risk!
true lol..
wana know where i got this theory..from my sis..she was so happy after the paper that she almost died of shock when the result came out and she got a B...eventually she had to regive the paper and got A so there...:D
never be confident in economics and business make that ur rule number 1 :D:D:D
-
U COULD HAVe written more money for European union for it to distrbute to member states.I doubt to limit free international trade is right cuz the first and the second of ur answer were similar as due to free trade the businesses were being threatened.
ah well lol.. if i remember i said something different abt international trade and other stuff... overall it was a gud paper :)
no i was jus reminding my dear fellow gents and ladies that being super confident in maths and physics is accepted because u probably checked the answers with your friends or u tested it against the question but in economics and business in the analysis paper u be confident at ur own risk!
true lol..
wana know where i got this theory..from my sis..she was so happy after the paper that she almost died of shock when the result came out and she got a B...eventually she had to regive the paper and got A so there...:D
never be confident in economics and business make that ur rule number 1 :D:D:D
where are you from? Freaked12?