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Timing and Technique
Econ 1
Overview
 Econ 1 is split into 2 parts
 Section A: objective Test 25 marks (25 mins)
 Section B: Data Response 1 from 2 50 marks (50
mins)
 75 marks available
 57-60 marks A grade
 67 + 100 ums
 50% AS and 25% A Level
Objective Test
 1 minute per question
 Read the stem carefully
 Check options rule out obvious wrong answer
 Annotate diagram / draw diagram / write out
equation
 Choose best answer even if not sure
 Make a note of number if uncertain and
return to at end if time
Opportunity Cost
Externalities
Externalities
Elasticity
Elasticity 2
Elasticity 3
Maths
Section B
 Take 5 mins
 Check questions
 25 mark first
 Then 12 mark
 Then chart
 Then definition
 Skim read Extracts and decide
 Choose the easy one!?
Definition 5 marks 2 mins
 Clear concise language
 Address each term
 Give and example (within context?)
 Write equation for elasticity is enough
Jan 2009 1
Jan 2009 2
June 2009 1
June 2009 2
Jan 2010 1
Jan 2010 2
Data
 2 distinct and significant observations
 Start point finish point trend
 High point low point range
 Anomalies
 Use clear time points data (accurate) and units
 Use a ruler
Mark Scheme
Line Charts
observations
Bar Charts
Timing and technique econ 1
Tables
Timing and technique econ 1
Diagram Question
 Structure is important
 Define key terms (2 marks)
 Paragraph uses extract information to explain
concept or changing market influence (6 marks)
 Clear diagram full labelled (4 marks)
 Extension paragraph building (6 marks)
Timing and technique econ 1
Flexible
Plenty of Marks around
Timing and technique econ 1
Flexible
Do the basics
Pleanty of marks around
Discussion 25 marks
 Think structure
 Interesting introductions
 Effective issues (x2)
 Identify and develop
 Dynamic diagram
 Validate and evaluate
 Challenging conclusions
 Complements / contradictions / complexities
 Government failure
 Cost benefit analysis

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Timing and technique econ 1