Assignment Details

Revision

2022-23

L6B/Ec

Date Due

Feb. 1, 2023, 10:25 a.m.

Additional Info
Revise for data response test on Wednesday 1st February.

Structure:
1 Micro section, 1 Macro section
Each section contains a 5-, 8- and 12-mark question
Total marks = 50 marks
Time = 1 hour

Reflective of the amount of time available in the real exam

Content:
Micro: focus is on elasticity (formula, reasons for why something might be elastic/inelastic etc.), but will also need to use supply and demand diagrams more generally

Macro: focus is on AD-AS (e.g., how does impact of X impact on AD-AS diagrams) but also need real GDP formula, revise causes of low productivity growth

Only homework this week so have sufficient time to revise - steer on content is to support you in writing at exam speed so you get used to requirements for summer and beyond.