Timing and Technique
Econ 1
Overview
• Econ 1 is split into 2 parts– Section A: objective Test 25 marks (25 mins)– Section B: Data Response 1 from 2 50 marks (50
mins)
– 75 marks available– 57-60 marks A grade– 67 + 100 ums– 50% AS and 25% A Level
Objective Test
• 1 minute per question• Read the stem carefully• Check options rule out obvious wrong answer• Annotate diagram / draw diagram / write out
equation• Choose best answer even if not sure• Make a note of number if uncertain and
return to at end if time
Opportunity Cost
Externalities
Externalities
Elasticity
Elasticity 2
Elasticity 3
Maths
Section B
• Take 5 mins• Check questions– 25 mark first– Then 12 mark– Then chart– Then definition
• Skim read Extracts and decide • Choose the easy one!?
Definition 5 marks 2 mins
• Clear concise language• Address each term• Give and example (within context?)• Write equation for elasticity is enough
Jan 2009 1
Jan 2009 2
June 2009 1
June 2009 2
Jan 2010 1
Jan 2010 2
Data
• 2 distinct and significant observations– Start point finish point trend– High point low point range– Anomalies
• Use clear time points data (accurate) and units• Use a ruler
Mark Scheme
Line Charts
observations
Bar Charts
Tables
Diagram Question
• Structure is important– Define key terms (2 marks)– Paragraph uses extract information to explain
concept or changing market influence (6 marks)– Clear diagram full labelled (4 marks)– Extension paragraph building (6 marks)
Flexible
Plenty of Marks around
Flexible
Do the basics
Pleanty of marks around
Discussion 25 marks
• Think structure– Interesting introductions– Effective issues (x2)• Identify and develop• Dynamic diagram• Validate and evaluate
– Challenging conclusions• Complements / contradictions / complexities• Government failure• Cost benefit analysis
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