Exam top tipa Flashcards

1
Q

General structure for answering qs

A

Rewrite the question how i wantish
Look at why im needing to answer it
What are the causes of my need to answer
How can these be solved
Put it into context
Evlaute

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2
Q

With policy qs what should we do

A

Pick one
Choose one pro
fully develop
pick one con
fully develop
feed into next point

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3
Q

do we need to know everything and get it all down

A

no foucs on 3 max solid points

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4
Q

when evaluating throughout what should i aim to do and ask myself

A

does this eval lead to another point

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5
Q

how may an eval lead to another point

A

by saying whats wrong w x policy
hence y policy can fix it

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6
Q

with regards to examples what should we do

A

use them to make our point make sense, and give some udnerstanding as to what we are saying

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7
Q

how many points we aiming for

A

3 arguments
1 big eval

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8
Q

even if points are similar what should we do

A

try differentiate them, therell always be some difference, emphathise that difference so we arent repeatign ourself

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9
Q

when looking at the causes or problems to do w something what should we do

A

focus on a chain of events, not just the first immediate cause or consequence

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10
Q

example of a chain of events

A

unequal doi causes

lower incomes
lower SoL
less economic activity
lower AD

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11
Q

main way to approach question

A

focus on the topic generally
then apply to the given context

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12
Q

what isnt the extract

A

the be all and end all

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13
Q

what should we do when ansering questions w regards to framing

A

frame it how we want to explain it

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14
Q

should we start at the most broken down root

A

yes aslong as it gives a flowy sound argument

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15
Q

t5 essay tips

A

use the pros and cons of other exam structures to help you evaluate

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16
Q

what will t5 qs geenrally be about

A

is x sturtcure bad
does it need to change
how can it be changed
is comp gonna be good

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17
Q

t6 tips

A

link arguments to t7 and DOI and poverty

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18
Q

t8 tip 1

A

use strips and pimmfaced as a ticklist to guide what we need to talk about

19
Q

generally what are t8 qs gonna be asking and hence what should you do to answer fully

A

should gov do this or not
hence i need to knwo why they should or not

20
Q

what can you do with anyessay on any topic

A

link to
STRIPS
and
PIMMFACED

21
Q

what should we always use as a tick list if struggling for points

A

STRIPS
PIMMFACED

22
Q

with diagrams for topic 8 what should we not do

A

draw then explain

23
Q

what shoudl we do for diagrams in t8

A

say how pimmfaced causes mf
then draw diagram

24
Q

t7 tips

A

link to t6

25
Q

what key argument is there for t7

A

fair vs incentives?

26
Q

what should you see the gov inetrvening on doi as

A

the general economy and whetehr the benefits fo gov int would be good

27
Q

exampel of how seeing gov int on DOI as economy

A

say less int
via less taxes
causes EPIC

28
Q

what are the key t7 argument above all

A

incentives
tricke down effect
re alloaction fo resources
derived demand

29
Q

when talkign ab high prices or low wages in imp comp market what should you refer to

A

the difference in price vs the comepitive level, comapre it to this

30
Q

how to show tu getting higher wages

A

standard d and s diagram
but with a higher wage level line abpve equilibirum

31
Q

what does a strong tu make monoposonists

A

wgae takers

32
Q

what is a closed shop union

A

all workers one union

33
Q

what does the suppl curve to the poitn where tu sets wage become

A

becomes perfectly elastic

34
Q

what do trade unions do

A

control supply fo laboru at given wage rates

35
Q

when trade unions set a higher wage why does it cause supply to become perfeclty elastic

A

as now all workers up to that given wage rate will only want that wage and be happy to work for that wage causing firms to be wage takers

36
Q

explain trade union in monoposony

A

trade union get hgher wage
supply of laboru becomes perfectly elastic to that pioint
meaning mc of labour in constant
and equal to ac
then when firms icn wages to get more worker,s
mc becoems noraml again

37
Q

explain wage differntails diagram

A

low wage =
elastic high supply
low elastic demand

high wage =
low inelastic supply
high inelastic demand

38
Q

why is demand high for skilled laboru and more inelastic in differnetaisl graph

A

due to fact they have greater MRP

39
Q

what to do when answeing question

A

keep poinys fucking seperate

40
Q

even on essay qs what should we do

A

think geenral first then specific to the question

41
Q

when being asked about ore than oen focus in a questio what should we do
what are out two options

A

discuss them indepently of eachother
discuss the in harmony

42
Q

key thing to rememeber on 25 marktes

A

chain of events is everything

43
Q

how to structure 25 market paragrar

A

make the point
say why

break it down and explain
evalaute

44
Q

what should we not forget and just focus on

A

dont forget the basics teh bread and butter b and dont just focus on the speicifcs