Anyone doing Unit A591: How the market works??

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I have my economics test on Friday 18th May, anyone have any tips or have any idea what could be on the test? :)

Posted: 15-05-12 19:07 by Gemma... ♥

Yeah i am doing unit 1 and unit 2 on the 18th May!!! My teacher says that competition is ALWAYS going to be on the unit 1 paper so make sure you know that really well...good luck!!!

Posted: 16-05-12 20:31 by Miss-know-it-all <3

Yep, i think that will probably be on there the advantages and disadvantages. My teacher said that monopoly will probably be on there as well and demand and supply and PED & PES... good luck with your test too! **

Posted: 16-05-12 20:36 by Gemma... ♥

So how did your exam go? there was a bit on monopolies, i found it okay, how about you??

Posted: 18-05-12 16:57 by Miss-know-it-all <3

I thought it was quite hard,  we haven't done VAT  so i thought  that page that was hard & the one about chosing a gift shop or farm shop x

Posted: 18-05-12 18:41 by Gemma... ♥

I know, the VAT one i got one point (decreased profits) but i couldn't think of another one!! and the farmland vs cards i wrote that it depends which one increases profits the most and which has the lowest costs... did u do unit 2? 

Posted: 18-05-12 20:31 by Miss-know-it-all <3

No, i just did unit1 and i wrote the same as you for farm vs cards & i could also only think of 1 answer! :)

Posted: 21-05-12 18:10 by Gemma... ♥

then when do you do unit 2 and 3?? i am doing unit 3 on friday!!

Posted: 21-05-12 18:44 by Miss-know-it-all <3

I'm not really sure, what yr are you in?? I'm in 10 so do we do that in yr 11?

Posted: 22-05-12 17:19 by Gemma... ♥

hi i am in year 10 as well. i chose economics as my options subject so we are doing everything in 1 year but i think it is a 2 year course, not sure

Posted: 25-05-12 19:06 by Miss-know-it-all <3

Yh i chose it as an option too but we do a 1 part of the course this year and 2 parts in year 11 x

Posted: 29-05-12 19:39 by Gemma... ♥

yeah we only did it in one year which is not fair because it is supposed to be a two year course!! but economics is quite easy in my opinion, how do u find it?? is ur economics teacher good?? x

Posted: 31-05-12 18:22 by Miss-know-it-all <3

Yh i think it is ok, not as bad as i thought and it gets easier during the year. My teacher is good apart from not teaching us some stuff on the test! Maybe the course is different, or we may be on different exam boards x

Posted: 06-06-12 17:57 by Gemma... ♥

yeah but it is a good subject as you get to understand the news more and what is occurring in the world (especially unit 2) hopefully we will both do well in it and get the results we want!!



Posted: 06-06-12 19:43 by Miss-know-it-all <3

yep i think its a good subject, don't think i've done that well thought as we hadn't learnt some of the topics on the test, hopefully we've both done well thought **

Posted: 11-06-12 19:23 by Gemma... ♥

Are u getting your results on 23rd August??

Posted: 30-06-12 16:53 by Miss-know-it-all <3

Think so, but as were on summer hols, we have to wait until we go back to school to get it :/

Posted: 30-06-12 17:20 by Gemma... ♥

Oh really?? we go into school in the holidays to get the result!! let me know what u get??

Posted: 02-07-12 17:57 by Miss-know-it-all <3

In our school, i think only year 11 go in the holiday to get their result, and yep i will!

Posted: 03-07-12 15:55 by Gemma... ♥

What other exams did you do??

Posted: 05-07-12 18:21 by Gemma... ♥

hi sorry i haven't replied in a while....

i did 9 exams for the Summer exams. i did...

Economics unit 1

Economics unit 2

Economics unit 3

Biology unit 2 (Additional)

Chemistry unit 2 (Additional)

Physics unit 2 (Additional)

English Language



What about you??

Posted: 10-08-12 16:39 by Miss-know-it-all <3

I did 7 exams...

Economics unit 1

Science - Chemistry (C1)

Science - Physics (P1)

Maths A - Unit B

English Literature

Geography B1

Sociology - Unit 1 :)

Posted: 11-08-12 17:02 by Gemma... ♥

oh okay well what do u think u got in them??

Posted: 11-08-12 17:59 by Miss-know-it-all <3

Hi i got my economics result!!

I got:

Economics GCSE (Overall): A

Economics Unit 1: b  

Economics Unit 2: a*  

Economics Unit 3: a  

i was so surprised at the unit 1 result because i found that easier than the unit 2 and in the unit 2 i missed a 3 mark question n still got a*

Im quite dissappointed that i only got an A overall i really wanted an A* because i did so much work for economics SO much you wouldnt believe we used to have to do essays for homework 2-3 times a week !! and our teacher made us make this MASSIVE folder of our work ......but oh well dont know if i should redo a unit or not???

Posted: 27-08-12 22:06 by Miss-know-it-all <3

Well done!! i don't get my result yet although i don't think i'll do as well as you! I wouldn't retake unless you could keep that result if you didn't do aswell. Our teacher made us a huge folder and revision guide aswell! Don't think it'll pay off though as there was stuff on the test we hadn't learnt! **

Posted: 30-08-12 15:23 by Gemma... ♥