A Level Economics:

[Qamar Baloch]

1. why are the wages and salaries of some workers higher than others(15)
2. Discuss whether a govt should attempt to set a minimum wage(10) i need help sir????/

1. why are the wages and salaries of some workers higher than others(15)
2. Discuss whether a govt should attempt to set a minimum wage(10) i need help sir????/

Q.2
Keep in mind when the question states the word wethter it means you have to explain the question in both ways like advantages and disadvantages, costs and benefits etc. So, plan the answer like;

1. Define minimum wage and explain it graphically.

2. Explain advantages which include
a ) Increase in income of workers
b) Increase in motivation and productivity
c) Higher output for employers
d) Business expansion
e) Higher standard of living
f) More workers will be willing to work, so supply will rise.
3. Explain diadvantages which are;
a) Lower demand for workers by employers due to high wages
b) Increase in wage burden on employers may force them to unemploy some of workers
c) Higher cost of production will lead to lower production and higjher prices of goods causing cost push inflation
d) Export traders may suffer losses
e| Minimum wage law may replace workers with machinery causing depression among workers.

Hope your issue is solved.

 

[Asheerah angel]

Thank you Sir,and the question 2 answer???

 

[Qamar Baloch]

If you have any issue regarding Economics then post here, I will try to solve your problem upto the extent God has given me the knowledge.

 

[Asheerah angel]

THANK YOU sir

 

[Qamar Baloch]

Thank you Sir,and the question 2 answer???

Welcome dear. Q2 has been answered, see the post. Keep in touch with me for further convenience you may join me on facebook. search by name Qamar Baloch

 

[Qamar Baloch]

THANK YOU sir

You are more than most welcome dear.

 

[Jet Nicholos]

Send your request for paper 4 sample answer (marked by CIE) for specific question from June 2011 only.

2 The use of cars causes market failure. To achieve an efficient use of resources it would be better if
governments intervened to affect both the production and the use of cars.
Explain the meaning of the terms ‘market failure’ and ‘the efficient use of resources’ and analyse
whether economic theory can be used to support this argument. [25]

sirr.. can u help wit this question?

 

[Jet Nicholos]

its May June 2011 p42

 

[Qamar Baloch]

2 The use of cars causes market failure. To achieve an efficient use of resources it would be better if
governments intervened to affect both the production and the use of cars.
Explain the meaning of the terms ‘market failure’ and ‘the efficient use of resources’ and analyse
whether economic theory can be used to support this argument. [25]

sirr.. can u help wit this question?

Its bit long question. I will attatch a file with full explanation soon. Keep on watching xpc.

 

[Jet Nicholos]

suree.. thnk youuuu sirrr!!!

 

[Qamar Baloch]

Award list of distinction holders.

 

[Qamar Baloch]

https://www.facebook.com/#!/TopicalAsLevelEconomics

 

[Qamar Baloch]

https://www.facebook.com/#!/pages/AS-Level-Economics-Paper-2/298366393518325

 

[Asheerah angel]

How to get an A in economics.?

 

[Qamar Baloch]

How to get an A in economics.?

Dear these books are available in all major cities of Pakistan.
In Lahore you can buy from Iqbal, Anees bookshops gulberg main market, students resource centre defence H block market, Johat town Book town.
. In rawalpindi at 6 road, azeem academy book shop mustafa plaza.
. In Islamabad at Saeed Book Bank Markaz
. In karachi from Tariq book store dupata gali, education max urdu bazar and burhani bookstore urdu bazar.
. In Faisalabad at Zia bookshop
. In jhang City bookstore
. In Multan news corner.
For further details reply here.
Thanks

 

[Qamar Baloch]

Many congratulations to Fatima Said Abdullah for getting World Distinction in A Level Economics in Dammam. Dear we are proud of you. Remain blessed.

 

[Qamar Baloch]

Paper 4 Guess paper
1. In 2006 it was reported that a country’s unemployment rate had remained steady
and that its central bank, through its interest rate policy, had prevented an
increase in inflation despite a sharp rise in oil prices.

(a) Explain what might cause unemployment. [12]
(b) Discuss how interest rate policy might prevent a rise in inflation. [13]
2. (a) Explain the factors influencing the level of investment in an economy.
[10]
(b) Discuss the extent to which national income is determined by private
investment. [15]

3. Discuss how far the GDP figure might be used to determine whether one country
has higher living standards than another. [25]

4 Airbus, a large aircraft manufacturing company, announced in 2007 that its goal
was to increase its $475 million research budget by 25 % in order to try to develop
a more environmentally friendly aircraft that had lower fuel consumption.

(a) Explain why Airbus is likely to be in an imperfect rather than a perfect market
structure. [10]
(b) Economics textbooks sometimes criticise firms in imperfect competition as being
against the public interest. What does this mean, and how far does the Airbus
announcement prove the textbooks wrong? [15]
5. Discuss what might cause inequalities in wage rates in an economy. [25]
6. In 2009 there were huge fires in Australia which destroyed much property and
countryside.
The government promised to allocate a large amount of money and resources to
help with the restoration of the area.
(a) With the help of diagrams explain what is meant by efficiency in the use of
resources. [12]
(b) Discuss the economic implications of the government’s approach to the situation. [13]
7. Most governments aim for full employment and stable prices. Which of those two aims should your government seek to achieve in the coming year and how might this choice affe

 

[Qamar Baloch]

Paper 4 Guess paper
1. In 2006 it was reported that a country’s unemployment rate had remained steady
and that its central bank, through its interest rate policy, had prevented an
increase in inflation despite a sharp rise in oil prices.

(a) Explain what might cause unemployment. [12]
(b) Discuss how interest rate policy might prevent a rise in inflation. [13]
2. (a) Explain the factors influencing the level of investment in an economy.
[10]
(b) Discuss the extent to which national income is determined by private
investment. [15]

3. Discuss how far the GDP figure might be used to determine whether one country
has higher living standards than another. [25]

4 Airbus, a large aircraft manufacturing company, announced in 2007 that its goal
was to increase its $475 million research budget by 25 % in order to try to develop
a more environmentally friendly aircraft that had lower fuel consumption.

(a) Explain why Airbus is likely to be in an imperfect rather than a perfect market
structure. [10]
(b) Economics textbooks sometimes criticise firms in imperfect competition as being
against the public interest. What does this mean, and how far does the Airbus
announcement prove the textbooks wrong? [15]
5. Discuss what might cause inequalities in wage rates in an economy. [25]
6. In 2009 there were huge fires in Australia which destroyed much property and
countryside.
The government promised to allocate a large amount of money and resources to
help with the restoration of the area.
(a) With the help of diagrams explain what is meant by efficiency in the use of
resources. [12]
(b) Discuss the economic implications of the government’s approach to the situation. [13]
7. Most governments aim for full employment and stable prices. Which of those two aims should your government seek to achieve in the coming year and how might this choice affe

https://www.facebook.com/#!/photo.p...03071951.65011.100002114803570&type=1&theater

 

[Qamar Baloch]

Solution to this guess paper will be posted soon In Sha Allah. Keep on watching here.

 

[Qamar Baloch]

Post your problems here