Exam top tipa Flashcards
General structure for answering qs
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
With policy qs what should we do
Pick one
Choose one pro
fully develop
pick one con
fully develop
feed into next point
do we need to know everything and get it all down
no foucs on 3 max solid points
when evaluating throughout what should i aim to do and ask myself
does this eval lead to another point
how may an eval lead to another point
by saying whats wrong w x policy
hence y policy can fix it
with regards to examples what should we do
use them to make our point make sense, and give some udnerstanding as to what we are saying
how many points we aiming for
3 arguments
1 big eval
even if points are similar what should we do
try differentiate them, therell always be some difference, emphathise that difference so we arent repeatign ourself
when looking at the causes or problems to do w something what should we do
focus on a chain of events, not just the first immediate cause or consequence
example of a chain of events
unequal doi causes
lower incomes
lower SoL
less economic activity
lower AD
main way to approach question
focus on the topic generally
then apply to the given context
what isnt the extract
the be all and end all
what should we do when ansering questions w regards to framing
frame it how we want to explain it
should we start at the most broken down root
yes aslong as it gives a flowy sound argument
t5 essay tips
use the pros and cons of other exam structures to help you evaluate
what will t5 qs geenrally be about
is x sturtcure bad
does it need to change
how can it be changed
is comp gonna be good
t6 tips
link arguments to t7 and DOI and poverty
t8 tip 1
use strips and pimmfaced as a ticklist to guide what we need to talk about
generally what are t8 qs gonna be asking and hence what should you do to answer fully
should gov do this or not
hence i need to knwo why they should or not
what can you do with anyessay on any topic
link to
STRIPS
and
PIMMFACED
what should we always use as a tick list if struggling for points
STRIPS
PIMMFACED
with diagrams for topic 8 what should we not do
draw then explain
what shoudl we do for diagrams in t8
say how pimmfaced causes mf
then draw diagram
t7 tips
link to t6
what key argument is there for t7
fair vs incentives?
what should you see the gov inetrvening on doi as
the general economy and whetehr the benefits fo gov int would be good
exampel of how seeing gov int on DOI as economy
say less int
via less taxes
causes EPIC
what are the key t7 argument above all
incentives
tricke down effect
re alloaction fo resources
derived demand
when talkign ab high prices or low wages in imp comp market what should you refer to
the difference in price vs the comepitive level, comapre it to this
how to show tu getting higher wages
standard d and s diagram
but with a higher wage level line abpve equilibirum
what does a strong tu make monoposonists
wgae takers
what is a closed shop union
all workers one union
what does the suppl curve to the poitn where tu sets wage become
becomes perfectly elastic
what do trade unions do
control supply fo laboru at given wage rates
when trade unions set a higher wage why does it cause supply to become perfeclty elastic
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
explain trade union in monoposony
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
explain wage differntails diagram
low wage =
elastic high supply
low elastic demand
high wage =
low inelastic supply
high inelastic demand
why is demand high for skilled laboru and more inelastic in differnetaisl graph
due to fact they have greater MRP
what to do when answeing question
keep poinys fucking seperate
even on essay qs what should we do
think geenral first then specific to the question
when being asked about ore than oen focus in a questio what should we do
what are out two options
discuss them indepently of eachother
discuss the in harmony
key thing to rememeber on 25 marktes
chain of events is everything
how to structure 25 market paragrar
make the point
say why
break it down and explain
evalaute
what should we not forget and just focus on
dont forget the basics teh bread and butter b and dont just focus on the speicifcs
