Exam technique

2 posts from economics help

http://www.economicshelp.org/blog/5198/economics/preparing-for-economics-exam/ on preparing for the exam, and
http://www.economicshelp.org/blog/542/economics/evaluation-for-exams/ on evaluation

Unit 1: Is water a factor of production?

If it is, then many African countries have more resources than they thought according to this report from Aljazeera

http://www.youtube.com/watch?v=c-fOi0iBUL8

a) Using a PPC, explain the effect on a country that suddenly finds it fop have increased

Unit 2: The problem of measuring the true rate of unemployment

A good article for some unemployment figures evaluation from anforme in the form of the rising number of people underemployed

http://www.anforme.co.uk/blog/?p=2615

Unit 1: VAT on static caravans

...reports the BBC

http://www.bbc.co.uk/news/business-17769636#

a) Using a S&D diagram, explain the likely effect on the static caravan market of imposing VAT on static caravans

Unit 2: Preparing for the macro exam

Fantastic, data packed revision aid from tutor2u, BUT, note that it's not OCR specific and so if there are things in here you don't think we've covered, they're most likely not specifically needed for OCR

http://www.tutor2u.net/blog/index.php/economics/comments/preparing-for-the-as-economics-macro-paper-2012

Unit 1: The falling demand for CD's

The BBC reports a plunge in CD sales

http://www.bbc.co.uk/newsbeat/17754328

a) Using the list of the determinants of demand, explain why the demand for CD's is falling
b) Show this effect on a demand diagram

Unit 1: Should we have a fat tax to tackle the problem of obesity?

Great argument in favour from the BBC

http://www.bbc.co.uk/news/uk-politics-17755788#

Unit 1: Logo free cigarette packets in Australia

...are proposed, says the BBC

http://www.bbc.co.uk/news/world-asia-pacific-17751922#

a) How likely are such packets to reduce the market failure in the tobacco market?

Unit 1: D&S in action: Bullet proof cars in Brazil

Fantastic clip from the BBC

http://www.bbc.co.uk/news/world-latin-america-17750790#

a) Using a S&D diagram and the determinants of S&D, explain the rapid rise in sales of bullet proof cars in Brazil

Unit 2: UK inflation creeps up

....according to these BBC video clips

http://www.bbc.co.uk/news/business-17743702#
http://www.bbc.co.uk/news/business-17747009#

a) Using an AD/AS diagram explain the cause of this increase in inflation

Unit 1: Allocative efficiency in the milk market

Sky have this good example of allocative eficiency in the use of scarce resources

http://news.sky.com/home/business/article/16210193

a) Why does this story reflect the concept of allocative efficiency?

Unit 1: More actions to reduce smoking

...reports Aljazeera as the display ban comes in to force in large stores

http://www.youtube.com/watch?v=FfWIlbLXKWM

....and this 2 sided discussion on Sky

http://news.sky.com/home/business/article/16207897

a) How does the free market for tobacco fail?
b) Evaluate the extent to which this ban is likely to reduce the market failure

Unit 2: Revision and data: Balance of Payments

All you need to know with supporting data

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-the-uk-balance-of-payments-in-2011

Unit 2: Revision: Inflation

Another great slideshow from tutor2u

http://www.slideshare.net/tutor2u/buss4-inflation?ref=http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-inflation-and-the-business-environment

Unit 2: Revision: Economic growth, AD and GDP

Great revision presentation from tutor2u

http://www.slideshare.net/tutor2u/buss4-business-cycle-economic-growth?ref=http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-how-the-economic-cycle-affects-businesses?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:16:05:10Z

Unit 2: Real v nominal data

Thanks to tutor2u for this

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-revision-on-real-economic-data

Unit 2: Unemployment : Data and hysteresis

Thanks to tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-4-macro-unemployment-scarring-effects

Unit 2: Real disposable income and Consumption

Nice revision piece with data from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-revision-on-real-disposable-income

Unit 1: Rising Air Passenger Tax

....reports the BBC

http://news.sky.com/home/business/article/16200200
http://www.bbc.co.uk/news/business-17576620

a) What market failure is the tax meant to reduce?
b) Using a S&D diagram, explain how likely this tax will be to (1) reduce the market failure and (2) increase government revenue