Exam technique for Microeconomics Flashcards
(7 cards)
1
Q
How do you structure paragraphs
A
Point e.g. state if something will work
cause e.g. what causes that thing to work
consequence e.eg what is the consequence of that thing working
2
Q
structure for a 4 marker
A
3
Q
structure for a nine marker
A
4
Q
structure for a 15 marker
A
5
Q
structure for a 25 marker
A
6
Q
Evaluation considerations for Government intervention ?
A
how likely is the policy to work ?
when will we see the impacts of the policy/ is there a real time lag?
Is it fair on all individuals?
Is it a long term solution?
What is the chance of it leading to government failure ( A* evaluation)?
What are the knock o consequences going to be/ any unintended consequences ?
what is the cost involved for the policy?
How viable/ realistic is the policy ?
7
Q
A
