Really annoying question but how do you answer 25 mark questions for unit 1 AQA AS Econ?
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I know for structure you should provide definitions, diagram and analysis, and evaluation, but I don't have a clue what you would actually write - like the content.. Any tips would be great! (Stressing out as the exam is in 22 days and we haven't done any exam technique in class)..
Thanks in advance! :)
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With AQA a lot of the questions are based around market failure if not all of them. In the Introduction your first sentence should define market failure and then you explain how the market has failed in this particular context and which function of price has broken down. Then you outline your three main arguments.
If it is a for/against gov intervention first paragraph should be about how market forces can bring about equilibrium the other two possible interventions.
Each paragraph should start off with a definition, then a diagram and analysis and evaluation, for your evalueation if it is linked to gov failure just talk about potential pitfalls of the intervention and sustainability.
Your conclusion should directly answer the question and extend your salient point.
Hope this helped :)