No one here does economics?

[umair1161]

too long

hehe.... but aren't these too less?? by that i mean that there are only 2 topics covered....

 

[Cecile Lapone]

umair What is your difficulty with past papers? Is it exam technique, time handling, paraphrasing, knowledge of the subject or just not knowing what to write for the question? I can help if you need it!

 

[umair1161]

umair What is your difficulty with past papers? Is it exam technique, time handling, paraphrasing, knowledge of the subject or just not knowing what to write for the question? I can help if you need it!

thanks! i could really need it

i think exam technique and paraphrasing!

 

[amxrox1]

Can anyone define economic growth for me? the question is worth 4 marks :/

 

[Cryptids]

Can anyone define economic growth for me? the question is worth 4 marks :/

Generally, Economic growth is an increase in the value of real output in an economy. In order to identify this growth, it is necessary to consider the affects of inflation because any increase in price of goods and services will increase the national income as well and so if inflation is not considered then the growth will be in money output and not real output. Increasing output and low unemployment are key features of an Economic growth.
For example, if the real output in the base year is 1000 units worth $10 each, the total national income will be $10,000. If, due to inflation, the price increases to $15 while the output remains same(1000 units), this will make the national income to grow by $5000 without an increase in output. So this is an increase in money output and not real output.

 

[Cecile Lapone]

thanks! i could really need it

i think exam technique and paraphrasing!

Well.. For exam technique, you must create a small plan, just a couple of points of what you want to talk about... Just so you don't get off topic! Also underline keywords and use them to have a clear image of what your answer is going to be like! Don't get relaxed in Economics, because if you do and lose track of time, you may not finish! For paraphrasing, which is an essential skill, I can't think of a better way than practicing! Some people are talented and gifted with the ability to paraphrase and translate thoughts and ideas into perfect concise answers! Others like us have to earn it by practicing how to do so!

Hope I have helped!

 

[amxrox1]

Generally, Economic growth is an increase in the value of real output in an economy. In order to identify this growth, it is necessary to consider the affects of inflation because any increase in price of goods and services will increase the national income as well and so if inflation is not considered then the growth will be in money output and not real output. Increasing output and low unemployment are key features of an Economic growth.
For example, if the real output in the base year is 1000 units worth $10 each, the total national income will be $10,000. If, due to inflation, the price increases to $15 while the output remains same(1000 units), this will make the national income to grow by $5000 without an increase in output. So this is an increase in money output and not real output.

woah!! thanx man !

 

[umair1161]

Well.. For exam technique, you must create a small plan, just a couple of points of what you want to talk about... Just so you don't get off topic! Also underline keywords and use them to have a clear image of what your answer is going to be like! Don't get relaxed in Economics, because if you do and lose track of time, you may not finish! For paraphrasing, which is an essential skill, I can't think of a better way than practicing! Some people are talented and gifted with the ability to paraphrase and translate thoughts and ideas into perfect concise answers! Others like us have to earn it by practicing how to do so!

Hope I have helped!

u have helped big time!! thanks

 

[student81]

What Time are you guys having your exam? Variant 21?

 

[umair1161]

nah ! variant 22 at 4 30 gmt

 

[Louise29]

Can anyone define economic growth for me? the question is worth 4 marks :/

This is the definition given by my teacher: economic growth is the increase in output in the short run and increase in productive potential in the long run. How marks are given: 1 mark for increase in output 1 mark for in short run 1 mark for increase in productive potential 1 mark for in the long run/ longer period of time.

 

[Louise29]

Just a few tips:
1) remember to not just list your points. State a point and develop the point by quoting examples or elaborate.
2) Write as much as you can because marks are not deducted for a wrong point. For example that question is given 6 marks, 1 mark per point, 1 mark per elaborations, by right, 3 points are enough, probably write 2 more points to back it up in case of any mistakes made.
3) for definition of words, you have no choice but learn up the keywords of the definition by heart.
4) remember to state a conclusion for those questions that has the word 'discuss../whether...' In it.

That's all I can think of at the moment. Add in any!!

 

[umair1161]

Just a few tips:
1) remember to not just list your points. State a point and develop the point by quoting examples or elaborate.
2) Write as much as you can because marks are not deducted for a wrong point. For example that question is given 6 marks, 1 mark per point, 1 mark per elaborations, by right, 3 points are enough, probably write 2 more points to back it up in case of any mistakes made.
3) for definition of words, you have no choice but learn up the keywords of the definition by heart.
4) remember to state a conclusion for those questions that has the word 'discuss../whether...' In it.

That's all I can think of at the moment. Add in any!!

Thank you!!! :') That was really helpful :')

 

[nemonoorhan]

i do

 

[NJ8769]

Looks like economics candidates are quite minimal..

yaaaa

 

[humdono]

Just a few tips:
1) remember to not just list your points. State a point and develop the point by quoting examples or elaborate.
2) Write as much as you can because marks are not deducted for a wrong point. For example that question is given 6 marks, 1 mark per point, 1 mark per elaborations, by right, 3 points are enough, probably write 2 more points to back it up in case of any mistakes made.
3) for definition of words, you have no choice but learn up the keywords of the definition by heart.
4) remember to state a conclusion for those questions that has the word 'discuss../whether...' In it.

That's all I can think of at the moment. Add in any!!

in all discuss questions give both the points of views and in the conclusion state what you believe
if you want to know more id suggest you to solve one past paper and correct it yourself with the mark scheme, it will give you an idea of how to answer

 

[yusraa]

hey are there any main topics I can focus on for eco p 22 ,and wat time is ur paper 22 ??

 

[Kevin Harryyanto]

just a suggestion, but i think http://dineshbakshi.com/igcse-gcse-economics can help

 

[CVB15]

can u plzz send me a link of the ebook for this study guide please!!

http://www.amazon.com/Economics-Cambridge-IGCSE-Level-Revision/dp/0199154864
i can't find the ebook link, but this is all i got...

 

[Dishant soni]

revision guide is help less study frm the original book

cuz i have experienced it

for four benefit>

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