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A2 ECONOMICS: Guess Paper-4

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I loved the paper....hoping for above 25 Inshallah :)
Very well done. InshaAllah you will get what you are expecting and I was also expecting the same from you. Do you have an idea how many questions were repeated?
 
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Very well done. InshaAllah you will get what you are expecting and I was also expecting the same from you. Do you have an idea how many questions were repeated?

Ummm about 6-10 I guess.....but sometimes they do change the vocabulary and words...therefore the answer would change :)
 
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It is the good end of session. We will start new new session discussion in the same post from here onwards. Those who are very new to economics subject may contact me on this post to get help. I will definitely help them out to start this new subject.
You may contact on my email ID or on facebook using the same ID. [email protected]. (+92) 3217555550.
 
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Hi dear students: If you are looking for O/A level Economics tuition. Then you may contact me for the best preparation of Cambridge exams. I offer my services to all throughout the world. The medium of communication will be Skype. join me on facebook [email protected] OR +923217555550. Qamar Baloch Pakistan. Students from Pakistan can enjoy this opportunity who are studying in LGS, Beaconhouse, LACAS, DPS, Pak Turk, Bloomfield Hall, UCL, Karachi Grammar school. S. Patricks, American Lysium and Lyctuff, S. Marry, American International School and all other leading schools in Pakistan.
 
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Compare the guess paper-4 with the real paper. Questions in bold were tested as it.

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 affect the other aim? [25]
 
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It is the good end of session. We will start new new session discussion in the same post from here onwards. Those who are very new to economics subject may contact me on this post to get help. I will definitely help them out to start this new subject.
You may contact on my email ID or on facebook using the same ID. [email protected]. (+92) 3217555550.

I am a science student and wish to give Economics AS level in this nov 2012
Can u help me out ?
Please Xplain a bit about ur services on skype
 
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