Exam Tips Economics

assess Command words Questions requiring evaluation:

Comment on

watch out for the command words!!

Evaluate Analyse

Comment on the significance of… Comment on….. To what extent

discuss

Other side of the argument……. e.g. adv/disadvantages

Time scale e.g. S/R & L/R

Recommendations Key Evaluation Triggers

Significance of .. Eg: Data

‘Other factors’ effecting the decisions e.g. competitor actions, economy

Alternative ideas Size of……… e.g. tax, subsidy, market…

Diagrams + explanation Customise the diagram axes!

Government failure

Analysis Use key economics terms to expand your point PED

Allocative & productive efficiency

A/D

Opportunity cost Economies of scale

Negative externality Market failure Consumer Surplus

Because On the other hand

However

Words to help you extend your sentences…….. It depends on………

It leads to….. Therefore As a result