Unit 1 Exam Technique Economics

Unit 1 Exam Technique Economics

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Edexcel ALevel Economics Unit 1 Exam Technique
MultipleChoice Questions
ALWAYS put an answer down you've got a 1 in 4 chance of being right!
Even if you get the answer wrong, you can still receive marks for your explanation so
always write something RELEVANT to the question
Include DEFINITIONS when appropriate
In diagram questions, always mention the diagram in your answer e.g. `supply
increases from S1 to S2', rather than simply `supply increases'.
Relate your answer to the question if it talks about the market for beef, ensure you do
too
Where calculations are required, show ALL your working out
In questions talking about substitute & complementary goods, you need to define and
make use of the concept of cross elasticity of demand
DataResponse Questions
If a question asks for two points, ensure you include 2, otherwise you're limiting yourself to
half the marks
If a question asks you to `refer to the data' then don't forget to do so
When drawing diagrams, ensure they're fully labelled both axes and lines
Ensure all your answer is contained within the appropriate spaces on the exam booklet,
including any diagrams you draw your paper will be scanned in and then separated out into
each question automatically
Do not make reference to an answer you made on a different question they're all marked
separately, and probably not even by the same examiner
Ensure each point you make, whether its explanation or evaluation, is detailed enough to
earn you the full marks you'll only get 1 for stating a point, then there'll be 2 or 3
supplementary marks for expanding on the point you've made
In a longer question, you need to be making several points to earn the full marks e.g. on a
12mark question from the specimen paper you needed to make 3 `explanation' points
(KAA) and then 2 or 3 `evaluation' points to earn full marks
Evaluation:
`Evaluate', `Assess', `Discuss', `To what extent', & `Examine' are all evaluative words.
When you see these in a question you need to immediately consider the evaluation involved. You
need to be considering both sides of an argument and criticising the points you make.
E.g. if you are talking about the introduction of congestion charging then you might make the point
that it should increase the cost of driving in congested areas, and so discourage people from driving
into, say, central London. You could then go on to EVALUATE this point by saying:
`However, people's elasticity of demand for vehicular access to central London may be very
inelastic and so the introduction of a congestion charge may make little difference to the number of
vehicles travelling into the city centre and thus do little to reduce congestion'
Make a point and then criticise it!!
* * RTQ...then...ATQ * *
(read the question...then...answer the question)

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