IGCSE/GCSE/O & A Level/IB/University Student Forum
Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: hdbkiwi on June 09, 2009, 10:10:19 am
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:) So how did you guys find Econ Paper 2? I chose 2, the tariff one and inflation-what did you guys choose?
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I think it went well, though i was really worried because i hate economics and i was focusing on bio more (i had them on the same day)
I chose questions 3, 4 and 6.. the ones about trade unions, business organisations and inflation :)
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I think it went well, though i was really worried because i hate economics and i was focusing on bio more (i had them on the same day)
I chose questions 3, 4 and 6.. the ones about trade unions, business organisations and inflation :)
hehe I had bio too-like it MUCH more, although I messed up the fermenter question (silly me). Econ was alright, I answered everything so I hope I can keep up my losses to just above an A, then I'll be happy :D How did you find the inflation one? The last question for 10 marks-ugh-what did you talk about?
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I think it went well, though i was really worried because i hate economics and i was focusing on bio more (i had them on the same day)
I chose questions 3, 4 and 6.. the ones about trade unions, business organisations and inflation :)
haha and congrats on your first post-welcome to the forum mate :)
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I think it went well, though i was really worried because i hate economics and i was focusing on bio more (i had them on the same day)
I chose questions 3, 4 and 6.. the ones about trade unions, business organisations and inflation :)
hehe I had bio too-like it MUCH more, although I messed up the fermenter question (silly me). Econ was alright, I answered everything so I hope I can keep up my losses to just above an A, then I'll be happy :D How did you find the inflation one? The last question for 10 marks-ugh-what did you talk about?
LOL thanks ya im new here ;)
Thats funny but i dont really remember the question .. (what was it?)
And i totally forgot how to measure inflation!
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I did the RPI system
and the C) worth 10 marks was
Discuss how inflation affects spending, saving and borrowing
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I did the RPI system
and the C) worth 10 marks was
Discuss how inflation affects spending, saving and borrowing
Oh really! I did the RPI too! Was that right? I wrote only five points and it was worth six marks..
And about C) i talked about the uncertainity inflation causes and that people will have to spend less, save more and don't borrow.
What did you talk about?
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
Haha I didn't really cover trade unions much in my course so I skipped it-was it a good question?
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
Haha I didn't really cover trade unions much in my course so I skipped it-was it a good question?
yup....cos i did a question that was almost the same the previous night...so wen i saw it i was like YES!!! :D
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
Haha I didn't really cover trade unions much in my course so I skipped it-was it a good question?
yup....cos i did a question that was almost the same the previous night...so wen i saw it i was like YES!!! :D
Niiice :) I loved the first question-ECON GROWTH ;D
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I did the RPI system
and the C) worth 10 marks was
Discuss how inflation affects spending, saving and borrowing
Oh really! I did the RPI too! Was that right? I wrote only five points and it was worth six marks..
And about C) i talked about the uncertainity inflation causes and that people will have to spend less, save more and don't borrow.
What did you talk about?
pretty much the same but I also talked about producers and investors for the 10 marks... not too much detail though so I think I lost marks there
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
Haha I didn't really cover trade unions much in my course so I skipped it-was it a good question?
yup....cos i did a question that was almost the same the previous night...so wen i saw it i was like YES!!! :D
Niiice :) I loved the first question-ECON GROWTH ;D
lol...YUP!!i was goin through it just before we entered teh auditorium and the first question i saw was economic growth!! :D
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does anyone agree that the questions were tooo vague? i mean there was soo much to write about seriously!!
most of the questions were like that :s
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does anyone agree that the questions were tooo vague? i mean there was soo much to write about seriously!!
most of the questions were like that :s
Haha that's economics for you mate-write 3 paragraphs on one sentence they give you-I prefer the Sciences more :)
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does anyone agree that the questions were tooo vague? i mean there was soo much to write about seriously!!
most of the questions were like that :s
Haha that's economics for you mate-write 3 paragraphs on one sentence they give you-I prefer the Sciences more :)
actually i prefer writing a lot and i hate science:P i dont do science ;D
but i mean this exam the questions were waayyyyyyyy tooo vague!!!!!!!! like i know econimcs questions are supposed to be vague, but these questions were tooo general.
lool, i hope u get what im trying to say. :P
I prefer sciences more too! Economics is just too much!
Well good luck guys with multiple choice ;)
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does anyone agree that the questions were tooo vague? i mean there was soo much to write about seriously!!
most of the questions were like that :s
Haha that's economics for you mate-write 3 paragraphs on one sentence they give you-I prefer the Sciences more :)
actually i prefer writing a lot and i hate science:P i dont do science ;D
but i mean this exam the questions were waayyyyyyyy tooo vague!!!!!!!! like i know econimcs questions are supposed to be vague, but these questions were tooo general.
lool, i hope u get what im trying to say. :P
Ahh I see-but isn't vague better? Then you can have more to say haha :D
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Yeah true-I always look back at the question when I'm writing-what questions did you choose?
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
I said I prefer science, not that I'm not good at Econ :P
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
yea...that question got me thinking for some time too...i took like almost half an hour for each question and finished jus as time was up!
umm...i defined all of them and gave examples and explained a bit..kinda like wat u did i guess...i cudn't think of anything else! :-[
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I did the RPI system
and the C) worth 10 marks was
Discuss how inflation affects spending, saving and borrowing
Oh really! I did the RPI too! Was that right? I wrote only five points and it was worth six marks..
And about C) i talked about the uncertainity inflation causes and that people will have to spend less, save more and don't borrow.
What did you talk about?
hey....i hv a diff. ans. 4 da (c) Q.....wen inflation rises ppl ll start spendin 2 pay 4 deir needs nd save less as dey ll think dat savin z 4 no use as da value of money z decreasin, nd dey ll start borrowin if deir spendin z less compared 2 da level of inflation.....z dat correct??
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
I said I prefer science, not that I'm not good at Econ :P
ok man!!was jus saying..u took it to ur heart.;)
thanks beanii.i was woried i was the only 1 who did this question
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
yea...that question got me thinking for some time too...i took like almost half an hour for each question and finished jus as time was up!
umm...i defined all of them and gave examples and explained a bit..kinda like wat u did i guess...i cudn't think of anything else! :-[
same here-while I said it was a private cost to the smoker, I also said it would be a private benefit-because of his health! :D
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
I said I prefer science, not that I'm not good at Econ :P
ok man!!was jus saying..u took it to ur heart.;)
thanks beanii.i was woried i was the only 1 who did this question
nah its fine mate haha I wan't offended :)
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
yea...that question got me thinking for some time too...i took like almost half an hour for each question and finished jus as time was up!
umm...i defined all of them and gave examples and explained a bit..kinda like wat u did i guess...i cudn't think of anything else! :-[
same here-while I said it was a private cost to the smoker, I also said it would be a private benefit-because of his health! :D
LOL
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
yea...that question got me thinking for some time too...i took like almost half an hour for each question and finished jus as time was up!
umm...i defined all of them and gave examples and explained a bit..kinda like wat u did i guess...i cudn't think of anything else! :-[
same here-while I said it was a private cost to the smoker, I also said it would be a private benefit-because of his health! :D
LOL
The paper was soo easy :P 7amdillah..I did questions 2,3,6!!!
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What did you write
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What did you write
What did i write wat??
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i did 2,3, 5
i dunno wt to say abt easy or hard, i did my best, dunno wt to say cuz economics is like dat, u don noe wt dey're expecting :)
and abt the private benefit i sed health as well!! :) high five! makes sense haha
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
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can ne 1 say wt did he/she rite 4 Q 6c)....dat 10 marks Q abt spendin, savin nd borrowin pattern because of inflation???.......
Thanks ;)
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anyone hu did 5
wt did u say abt the government doing that cuz of market failiure?
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i did 2,3, 5
i dunno wt to say abt easy or hard, i did my best, dunno wt to say cuz economics is like dat, u don noe wt dey're expecting :)
and abt the private benefit i sed health as well!! :) high five! makes sense haha
Niiice-great minds think alike :P have some rep mate :D
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
I wrote the definitions and gave example ;)..
what did u write for the 10marks question abt the saving,spending and borrowing??
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i did 2,3, 5
i dunno wt to say abt easy or hard, i did my best, dunno wt to say cuz economics is like dat, u don noe wt dey're expecting :)
and abt the private benefit i sed health as well!! :) high five! makes sense haha
Niiice-great minds think alike :P have some rep mate :D
lol, yup they do :)
+rep to u too :) haha
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i did 2,3, 5
i dunno wt to say abt easy or hard, i did my best, dunno wt to say cuz economics is like dat, u don noe wt dey're expecting :)
and abt the private benefit i sed health as well!! :) high five! makes sense haha
Niiice-great minds think alike :P have some rep mate :D
lol, yup they do :)
+rep to u too :) haha
Thanks mate :)
Al noor I talked about the consumers, and producers and investors and what effects inflation would have on their spending, saving, borrowing. Also mentioned people on fixed incomes and others with wages adjusted to inflation, etc.
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i did 2,3, 5
i dunno wt to say abt easy or hard, i did my best, dunno wt to say cuz economics is like dat, u don noe wt dey're expecting :)
and abt the private benefit i sed health as well!! :) high five! makes sense haha
Niiice-great minds think alike :P have some rep mate :D
lol, yup they do :)
+rep to u too :) haha
Thanks mate :)
Al noor I talked about the consumers, and producers and investors and what effects inflation would have on their spending, saving, borrowing. Also mentioned people on fixed incomes and others with wages adjusted to inflation, etc.
oo okii i wrote similar to that...but what will happen to the consumers spending,saving,borrowing ..can u plz tell me soo i can see if my answer is correct??
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
I wrote the definitions and gave example ;)..
what did u write for the 10marks question abt the saving,spending and borrowing??
ohh that!like if inflation goes up than spending decreases as products become more expensive and the purchasing power diminishes and also consumers become less certain about the future.I wrote its opposite effect as well that if inflation goes down spending would increase cuz..........for saving i wrote if inflation goes up than saving increases as firstly consumers will want to save money till the prices decrease and also normally a high inflation brings with high intrest rates so now they find it more profitable to save so saving increases.
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
I wrote the definitions and gave example ;)..
what did u write for the 10marks question abt the saving,spending and borrowing??
ohh that!like if inflation goes up than spending decreases as products become more expensive and the purchasing power diminishes and also consumers become less certain about the future.I wrote its opposite effect as well that if inflation goes down spending would increase cuz..........for saving i wrote if inflation goes up than saving increases as firstly consumers will want to save money till the prices decrease and also normally a high inflation brings with high intrest rates so now they find it more profitable to save so saving increases.
OMG i wrote the same answer :D....and what did u say abt borrowing??
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
I wrote the definitions and gave example ;)..
what did u write for the 10marks question abt the saving,spending and borrowing??
ohh that!like if inflation goes up than spending decreases as products become more expensive and the purchasing power diminishes and also consumers become less certain about the future.I wrote its opposite effect as well that if inflation goes down spending would increase cuz..........for saving i wrote if inflation goes up than saving increases as firstly consumers will want to save money till the prices decrease and also normally a high inflation brings with high intrest rates so now they find it more profitable to save so saving increases.
OMG i wrote the same answer :D....and what did u say abt borrowing??
me too^^ for borrowing I said investors would borrow less because of unstable economy due to price flutuations-however, if inflation was only small, it wouldn't affect that much.
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
I wrote the definitions and gave example ;)..
what did u write for the 10marks question abt the saving,spending and borrowing??
ohh that!like if inflation goes up than spending decreases as products become more expensive and the purchasing power diminishes and also consumers become less certain about the future.I wrote its opposite effect as well that if inflation goes down spending would increase cuz..........for saving i wrote if inflation goes up than saving increases as firstly consumers will want to save money till the prices decrease and also normally a high inflation brings with high intrest rates so now they find it more profitable to save so saving increases.
OMG i wrote the same answer :D....and what did u say abt borrowing??
You can approach borrowing in 2 ways.I had only 2 minutes to complete that part so i wrote that a high inflation brings with it a high intrest rate so borrowing would decrease as a result.A inflation would mean a high rise in prices so it will be futile to borrow in such a expensive era.etc etc.
however you also write that borrowing could increase as people will want more to satisfy their basic needs who are much expensive than before..get it
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What did you write
What did i write wat??
social cost and benefit..there was only 1 stupid thingy in the exam and this was it
I wrote the definitions and gave example ;)..
what did u write for the 10marks question abt the saving,spending and borrowing??
ohh that!like if inflation goes up than spending decreases as products become more expensive and the purchasing power diminishes and also consumers become less certain about the future.I wrote its opposite effect as well that if inflation goes down spending would increase cuz..........for saving i wrote if inflation goes up than saving increases as firstly consumers will want to save money till the prices decrease and also normally a high inflation brings with high intrest rates so now they find it more profitable to save so saving increases.
OMG i wrote the same answer :D....and what did u say abt borrowing??
You can approach borrowing in 2 ways.I had only 2 minutes to complete that part so i wrote that a high inflation brings with it a high intrest rate so borrowing would decrease as a result.A inflation would mean a high rise in prices so it will be futile to borrow in such a expensive era.etc etc.
however you also write that borrowing could increase as people will want more to satisfy their basic needs who are much expensive than before..get it
oo okii...i am soo sad that the thershold will be high :(...
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I'm sure it won't be-similar difficulty to previous years-maybe a bit higher because of the econ. growth question-but you have to remember that the people discussing on this site are usually academic so of course it's gonna sound like the thresholds are higher-you'll be fine im sure :)
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I'm sure it won't be-similar difficulty to previous years-maybe a bit higher because of the econ. growth question-but you have to remember that the people discussing on this site are usually academic so of course it's gonna sound like the thresholds are higher-you'll be fine im sure :)
whats the thershold for all the 3 papers to get an A??
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The documents below are the Grade thresholds for June and Nov 08
KEEP IN MIND
Paper 1 WAS paper 3, so look at paper 3 thresholds
Paper 2 WAS paper 4, so the 'paper 4' is actually the structured questions
Paper 3 WAS paper 6, which has changed now so the thresholds will probably be different
:)
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The documents below are the Grade thresholds for June and Nov 08
KEEP IN MIND
Paper 1 WAS paper 3, so look at paper 3 thresholds
Paper 2 WAS paper 4, so the 'paper 4' is actually the structured questions
Paper 3 WAS paper 6, which has changed now so the thresholds will probably be different
:)
Omg...u really cheered me up inshallah i get these marks..
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The documents below are the Grade thresholds for June and Nov 08
KEEP IN MIND
Paper 1 WAS paper 3, so look at paper 3 thresholds
Paper 2 WAS paper 4, so the 'paper 4' is actually the structured questions
Paper 3 WAS paper 6, which has changed now so the thresholds will probably be different
:)
Omg...u really cheered me up inshallah i get these marks..
awesome-glad I could help :)
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The documents below are the Grade thresholds for June and Nov 08
KEEP IN MIND
Paper 1 WAS paper 3, so look at paper 3 thresholds
Paper 2 WAS paper 4, so the 'paper 4' is actually the structured questions
Paper 3 WAS paper 6, which has changed now so the thresholds will probably be different
:)
Omg...u really cheered me up inshallah i get these marks..
awesome-glad I could help :)
Thnkz alot ;)
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I did the RPI system
and the C) worth 10 marks was
Discuss how inflation affects spending, saving and borrowing
Oh really! I did the RPI too! Was that right? I wrote only five points and it was worth six marks..
And about C) i talked about the uncertainity inflation causes and that people will have to spend less, save more and don't borrow.
What did you talk about?
The question stated how inflation would effect people, right?
I wrote inflation generally causes less spending to protect real value of money(Real value is imp. to write) Although may cause them to spend MORE if the prices of essential goods have increased. Due to "hoarding" people spend more. They are likely to have their savings decreased, I gave example of how women in Zimbawe sold their gold for loaf of bread. And on borrowing, I wrote, they are likely to gain if they borrowed, and lose if they lent money. About 1 page and more.
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I did the RPI system
and the C) worth 10 marks was
Discuss how inflation affects spending, saving and borrowing
Oh really! I did the RPI too! Was that right? I wrote only five points and it was worth six marks..
And about C) i talked about the uncertainity inflation causes and that people will have to spend less, save more and don't borrow.
What did you talk about?
The 6a
what was meant by inflation
6b
explain how government calculates inflation
6c discuss how inflation affects consumer spending,saving abd borrowing
The question stated how inflation would effect people, right?
I wrote inflation generally causes less spending to protect real value of money(Real value is imp. to write) Although may cause them to spend MORE if the prices of essential goods have increased. Due to "hoarding" people spend more. They are likely to have their savings decreased, I gave example of how women in Zimbawe sold their gold for loaf of bread. And on borrowing, I wrote, they are likely to gain if they borrowed, and lose if they lent money. About 1 page and more.
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hey does any1 remeber question number 4?and in the q 2 about cigarettes.and could any1 also give me the answers to them?thx dudes.Take care all.
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the question 2a?What was meant by price elasticity of demand
2bHow might the knowledge of Price elasticity be of use to consumer
2c Number of countries prohibited smoking in public areas.Use the concepts of Cost benefit analysis to explain this policy.
This was the question right
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
I said I prefer science, not that I'm not good at Econ :P
ok man!!was jus saying..u took it to ur heart.;)
thanks beanii.i was woried i was the only 1 who did this question
hehe...no problem!everyone i asked did this question! :D
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it was alrite...not as bad as i thought it would be! :)
i did questions 2,3,4 that were the external and social costs and benefits,trade union and integrations
i did 2,3 and 6
what did u write for social costs and benefits..arghh!!..i didnt know what the question was asking..I left it till the end like i had 20 minutes to do the question...so i filled in every thing..definations of each cost and benefit,some examples and why the policy was implemented...Kinda covered more than the half of the page..
To those guys who say they prefer science over commerce.Do you know if you get a grade below C or Byou will be denied the entry to top universities.So plz concentrate on every subject u give
yea...that question got me thinking for some time too...i took like almost half an hour for each question and finished jus as time was up!
umm...i defined all of them and gave examples and explained a bit..kinda like wat u did i guess...i cudn't think of anything else! :-[
same here-while I said it was a private cost to the smoker, I also said it would be a private benefit-because of his health! :D
hehe..LOL!:P
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i chose questions 4, 6 and 7
didnt see anyone chosing Q7
it was on the tarrif and quota and trading, i thought it was quite easy
for Q6 c, i couldnt write that much for 10 marks, i mean i didnt know wot to say
i mentioned that ppl might spend less and save more as they would want to protect the real value of their money
i kinda talked about the interest rates as they may be high due to inflation
and ppl with diff incomes may spend and borrow or save differently
ppl with higher incomes have a greater ability to spend and save than the ppl with lower incomes
i wrote about 6-7 lines and then i was totally stuck so i moved on the the next question
i wrote about 7 pages in totally and my hand was soooo sore, lolz
oh yeah, wot did you guys write for wot is inflation, i mean it was like 4 marks
and for previous years it was only 3 marks
and it was 'a sustained (1) rise (1) in the general (1) level of prices'
well, i also included how it can be caused
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I think it went well, though i was really worried because i hate economics and i was focusing on bio more (i had them on the same day)
I chose questions 3, 4 and 6.. the ones about trade unions, business organisations and inflation :)
hehe I had bio too-like it MUCH more, although I messed up the fermenter question (silly me). Econ was alright, I answered everything so I hope I can keep up my losses to just above an A, then I'll be happy :D How did you find the inflation one? The last question for 10 marks-ugh-what did you talk about?
I chose the inflation one too! Thinking it would be easy...and then I saw the ten marker =/ I didn't know what to say for ten marks so I just sort of rambled about things that related to inflation and prices and people spending. I'm really hoping they have some flexibility in the mark schemes.
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i chose questions 4, 6 and 7
didnt see anyone chosing Q7
it was on the tarrif and quota and trading, i thought it was quite easy
for Q6 c, i couldnt write that much for 10 marks, i mean i didnt know wot to say
i mentioned that ppl might spend less and save more as they would want to protect the real value of their money
i kinda talked about the interest rates as they may be high due to inflation
and ppl with diff incomes may spend and borrow or save differently
ppl with higher incomes have a greater ability to spend and save than the ppl with lower incomes
i wrote about 6-7 lines and then i was totally stuck so i moved on the the next question
i wrote about 7 pages in totally and my hand was soooo sore, lolz
oh yeah, wot did you guys write for wot is inflation, i mean it was like 4 marks
and for previous years it was only 3 marks
and it was 'a sustained (1) rise (1) in the general (1) level of prices'
well, i also included how it can be caused
I did the tariff/quota question, haha but yeah the inflation one part c-for 10 marks! Hope I can get more than 6 :)
Basically you can lose 5/6 marks per question on average and still get an A for the paper.
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i chose questions 4, 6 and 7
didnt see anyone chosing Q7
it was on the tarrif and quota and trading, i thought it was quite easy
for Q6 c, i couldnt write that much for 10 marks, i mean i didnt know wot to say
i mentioned that ppl might spend less and save more as they would want to protect the real value of their money
i kinda talked about the interest rates as they may be high due to inflation
and ppl with diff incomes may spend and borrow or save differently
ppl with higher incomes have a greater ability to spend and save than the ppl with lower incomes
i wrote about 6-7 lines and then i was totally stuck so i moved on the the next question
i wrote about 7 pages in totally and my hand was soooo sore, lolz
oh yeah, wot did you guys write for wot is inflation, i mean it was like 4 marks
and for previous years it was only 3 marks
and it was 'a sustained (1) rise (1) in the general (1) level of prices'
well, i also included how it can be caused
u hd 2 say dat da purchasin power of da money decreases.....dat ws in 1 of da old papers..........nd By the way......dat inflation Q, c part.......i rote dat dey ll spend more on deir needs nd spend less because dey ll find da value of money z decreasin.......nd dey ll start borrowin if da inflation z too high nd dey cant afford 2 buy deir needs...datz wt i rote :D
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i chose questions 4, 6 and 7
didnt see anyone chosing Q7
it was on the tarrif and quota and trading, i thought it was quite easy
for Q6 c, i couldnt write that much for 10 marks, i mean i didnt know wot to say
i mentioned that ppl might spend less and save more as they would want to protect the real value of their money
i kinda talked about the interest rates as they may be high due to inflation
and ppl with diff incomes may spend and borrow or save differently
ppl with higher incomes have a greater ability to spend and save than the ppl with lower incomes
i wrote about 6-7 lines and then i was totally stuck so i moved on the the next question
i wrote about 7 pages in totally and my hand was soooo sore, lolz
oh yeah, wot did you guys write for wot is inflation, i mean it was like 4 marks
and for previous years it was only 3 marks
and it was 'a sustained (1) rise (1) in the general (1) level of prices'
well, i also included how it can be caused
I did the tariff/quota question, haha but yeah the inflation one part c-for 10 marks! Hope I can get more than 6 :)
Basically you can lose 5/6 marks per question on average and still get an A for the paper.
cool, ur last line is comforting, thanks :)
-
i chose questions 4, 6 and 7
didnt see anyone chosing Q7
it was on the tarrif and quota and trading, i thought it was quite easy
for Q6 c, i couldnt write that much for 10 marks, i mean i didnt know wot to say
i mentioned that ppl might spend less and save more as they would want to protect the real value of their money
i kinda talked about the interest rates as they may be high due to inflation
and ppl with diff incomes may spend and borrow or save differently
ppl with higher incomes have a greater ability to spend and save than the ppl with lower incomes
i wrote about 6-7 lines and then i was totally stuck so i moved on the the next question
i wrote about 7 pages in totally and my hand was soooo sore, lolz
oh yeah, wot did you guys write for wot is inflation, i mean it was like 4 marks
and for previous years it was only 3 marks
and it was 'a sustained (1) rise (1) in the general (1) level of prices'
well, i also included how it can be caused
I did the tariff/quota question, haha but yeah the inflation one part c-for 10 marks! Hope I can get more than 6 :)
Basically you can lose 5/6 marks per question on average and still get an A for the paper.
cool, ur last line is comforting, thanks :)
my pleasure :) Beest of luck on Econ paper 1 tomorrow! Going to start past papers for it now-see ya :)