Economics, Accounting & Business: Post your doubts here!

[ayushUcchil]

Guys, for Economics Paper 2, what method do you recommend to practice for the essays-Section B?

 

[xmariam3x]

Guys, for Economics Paper 2, what method do you recommend to practice for the essays-Section B?

Learn the syllabus completely from the book and any teacher's notes if you have them. Solve each paper, and them mark your paper using the cie mark scheme.

 

[xmariam3x]

GUYS we can discuss yesterdays paper 1 now

 

[Mahreen Mustafa]

what was the answer of the question of rightward shift of SRAS? was it because of decrease in bank lending or decrease in world oil prices

 

[Muhammad Omer]

what was the answer of the question of rightward shift of SRAS? was it because of decrease in bank lending or decrease in world oil prices

Has to be decrease in world oil prices. Primarily because, decrese in bank lending, will decrease the amount of capital available for production. Thus, casuing a leftward shift. However, decrease in world prices, causes a right ward shift, as cost of production reduces.

 

[Saad Amer]

For your information this guy is right. Q3 was the trickiest in ACC p4 as the loan that had been 'Received' for the start of the project had to be put into year 0/s inflow where as majority put it in outflow for year 0.
In year 5 we had to put it in outflow.
q3 was very tricky as every question of appraisal contains a year outflow in year 0 EXCEPT yesterday's paper.
I confirmed it with two senior accounting teachers too.

 

[Mahreen Mustafa]

Has to be decrease in world oil prices. Primarily because, decrese in bank lending, will decrease the amount of capital available for production. Thus, casuing a leftward shift. However, decrease in world prices, causes a right ward shift, as cost of production reduces.

Alhamdulillah my answer was correct... can u plz tell what was the answer of that land, labour, capital and enterpreneur question

 

[Crimson-Saint]

in economics oct/nov 2010 21 the case study...how do u calclulate the current account balance for question a and b?

 

[sarahchicka]

Was the answer for the question with benefits net social benefits 145 m

 

[rackstagryan]

Was the answer for the question with benefits net social benefits 145 m

i suppose it was the net private benefit of $25

because there was a net external cost and not net external benefit and net social benefit i think equals to Net private benefit + net external benefit!

 

[Mahreen Mustafa]

Was the answer for the question with benefits net social benefits 145 m

I guess the answer was NPB $125-$100=$25

 

[SamiaSaad]

in economics oct/nov 2010 21 the case study...how do u calclulate the current account balance for question a and b?

Current Account Balance = Balance on goods (visible trade) + Balance on services (invisible trade) + Net income + Net current transfers

 

[SamiaSaad]

in economics oct/nov 2010 21 the case study...how do u calculate the current account balance for question a and b?

In part A they are asking you which components had shown improvement or worsened. The components are the balance of goods and services, net income and net current transfers as given in the question . Balance on services had shown an improvement as the deficit has decreased between 2003- 2007 and balance of goods has worsened as it has gone from a surplus to a deficit between these years.

In part B, they are asking about what had happened to the current account balance between these years. In 2003, the current account was showing a surplus of 686.7 but then it had worsened in 2005 as it showed a deficit of -652.8 but in 2007 it had slightly improved as the deficit had decreased to -461.8

 

[Ebby_SaLeem]

I guess the answer was NPB $125-$100=$25

which paper are you discussing maaan is this economics mcq's paper 12?

 

[Mahreen Mustafa]

which paper are you discussing maaan is this economics mcq's paper 12?

YEAP

 

[ayushUcchil]

Did anyone here to Paper 11 Economics?

 

[cool Asviva]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_s13_qp_31.pdf
question #24.

Ans: A
Anyone please help....

 

[xmariam3x]

-what was the answer of Q2. in econ. did the ppc change pivotally or will it move back completely?

-and that factor of production question? which factor of production will she employ?
-also which country had the highest number of people unemployed?
thanks!

 

[sarahchicka]

Hey what was the answer for that supply and demand where they need to allocate more goods for production but not matched by price - eco pp12

 

[AlphaBeta]

Hey what was the answer for that supply and demand where they need to allocate more goods for production but not matched by price - eco pp12

both D & S increase