A2 Macro3 Examples of Excellent Exam Technique

Best Paragraph Structure for A2 Macro

One Main Point/Argument

Analyse / Connectives

Supporting Examples &

Evidence

Evaluate the actual point

made

Evaluate

Assess

Discuss

To what extent

Examine

Questions Requiring Evaluation

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A01 Knowledge

A02 Application

A03 Analysis

A04 Evaluation

The Assessment Objectives

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Most common errors

Not using the data in the extracts

Not evaluating in every paragraph

Not referring to/explaining diagrams

Not defining terms accurately

Short chains of analysis – missing links

Top Tips

Use signposting from the question

Spread your work out well

Large analysis diagrams

Work timing out beforehand

Short plan helps to frame work

Good Evaluation Phrases

It depends on….

In the short run…however in the long run

The magnitude of the effect….

The most important point…

This will also impact

Evaluating impact of FDI

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Assessing Impact of Inward FDIBenefits / positive spill-

overs

Multiplier Effect

Technology transfer to host

economy

Helps to boost host’s GDP (& exports)

Often Joint Venture only (China, India)

Depends on size and extent multiplierEvaluation

Evaluation

Evaluation

Evaluation

Depends on the product and quality of jobs

May result in resource depletion (Pepsi)

MNC may bring their own workers

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Current Account Deficit

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Is a current account deficit a concern? Evaluation points for a current account deficit

country

Often balanced by financial account

surplus

May be caused by structural change

Trade creation might have

occurred

May be a policy to reduce domestic

inflationary pressure

Depends whether surplus elsewhere is sustainableEvaluation

Evaluation

Evaluation

Evaluation

Depends on the cause of deficit and duration

Depends if comparative advantage has been eroded

Sustainable?

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Labour Migration

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The Migration DebateMigrant Workers as a % of a country’s total population

Country Name 2010 Country Name 2010

Kuwait 76.6 World 3.1

Qatar 74.2 Sub-Saharan Africa 2.1

United Arab Emirates 43.8 Least developed countries

1.4

Singapore 38.7 Korea, Rep. 1.1

Australia 21.1 Mexico 0.6

Ireland 20.1 Philippines 0.5

United States 13.8 India 0.4

Germany 13.2 Brazil 0.4

United Kingdom 10.4 China 0.1

South Africa 3.7 Indonesia 0.1

Source: World Bank

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Assessing Impact of Inward Migration

Benefits / positive spill-overs

Injection of human capital / expansion

of labour force

Multiplier effects on aggregate

demand

Helps to sustain inward FDI

Remittances add to GNI – export opportunities

Depends on composition of the influx of new workersEvaluation

Evaluation

Evaluation

Evaluation

Will total employment and GDP per capita rise?

Pressure on scarce resources, higher welfare

Brain drain effects from source countries

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