How to study for Economics, critical evaluation??

[Huzaifa Anwer]

Hi friends,

any tips for eco Critical evaluation Igcse?

any link where i can get any help ?

 

[nerdfreak]

The paper aims to test our ability to use what we know in Eco and adapt it to the extract. So just go through the main points of all the chapters.
Mostly questions are based on unemployment, population, govt. spending, GDP, development etc...

 

[Huzaifa Anwer]

Thanks.

 

[nerdfreak]

ymw!

 

[shefali]

Make sure that your answers relate to the case study...that should be good enough

 

[Huzaifa Anwer]

Thanks

 

[irfhan]

Make sure that your answers relate to the case study...that should be good enough

Thanks... when are you sitting for the exam.....

 

[rjcooo1]

how do u explain GDP in terms of the real GDP i always get messed up in that one :/

 

[Manobilly]

Thanks.

Mostly its 99.9 percent from the last 11 chapters of the book.1st study them than study the 1st 11 chapters.

 

[shefali]

Thanks... when are you sitting for the exam.....

i sit on wednesday 23rd

 

[shefali]

how do u explain GDP in terms of the real GDP i always get messed up in that one :/

Gross means Total
Domestic means in the country
Product means the output

HENCE GROSS DOMESTIC PRODUCT CALCULATES THE TOTAL VALUE OF GOODS PRODUCED IN A COUNTRY OVER A FINANCIAL YEAR. REAL GDP IS SIMPLY THE ONE ADJUSTMENTS FOR INFLATION.
For example in 2011 the GDP for country XYZ was 56 million
Lets suppose that prices rose by 20% in 2012 (inflation) so then the GDP will also rise by 20% because people are spending on that which means it is the value of product (calculated using expenditure method)
When in reality only prices rose not the GDP
For GDP to rise there has to growth in real GDP

Ask for further clarification if needed

 

[rjcooo1]

I understood finally thankss a ton

 

[ken99]

eco notes

 

[Manobilly]

Can anyone provide me with the october november insert for economics paper 3 plz!

 

[irfhan]

which varient 31

 

[Manobilly]

which varient 31

Sorry forgot to write the year ,I need it for october november 2009!

 

[Manobilly]

I have for october november 2011!

 

[Huzaifa Anwer]

Mostly its 99.9 percent from the last 11 chapters of the book.1st study them than study the 1st 11 chapters.

Can u mention the chapters, please?

 

[Manobilly]

The

Can u mention the chapters, please?

The last 11 chapters starting from consumption ,spending,borrowing till chapter 22 which is the trade one!You know just divide your book into 1st 11 chapters from 1 till 11!Than from 11 till 22!And omit advertising since its not in the syllabus!

 

[Manobilly]

It is mainly

The

The last 11 chapters starting from consumption ,spending,borrowing till chapter 22 which is the trade one!You know just divide your book into 1st 11 chapters from 1 till 11!Than from 11 till 22!And omit advertising since its not in the syllabus!

from 99.99 % from the last 11 chapters ,which include economic growth,GDP,population.Oh and dont forget to study demand and supply as it always comes! Good lucl