10 replies to this topic

[technodrone]

Hi All. What were your experiences of paper 1 and 2 for those of you taking Economics Higher Level, and what were the questions you attempted in each paper?

Edited by Mahuta ♥, Nov 15, 2011 - 18:42.
Only papers 1 and 2 may be discussed today.

[United4Life]

Paper 1 wasn't ideal for me I was hoping for any theory of firm question apart from oligopoly lol so I did number 3 on paper 1 - the one about the exchange rate and the marshall lerner condition I thought it went pretty well
Paper 2 was the easiest I think it has ever been, even our teacher agreed we should all get over 25 for it, I did 2,3 and 4 (externalities, perfect comp and laffer curve)

[saunders is god]

yeh i did the exact same ^^^

[jamesbomb007]

I did the oligopoly qn in paper 1, I thought it was a little bit weirdly phrased and not a conventional one, but I managed to do it somehow.

Paper 2 was simple, very standard questions. Should be able to score a high 20s for that.

[Gladiatrix]

The first paper was hard.. sigh

[amy11]

United4Life, on Nov 15, 2011 - 21:11, said:

Paper 1 wasn't ideal for me I was hoping for any theory of firm question apart from oligopoly lol so I did number 3 on paper 1 - the one about the exchange rate and the marshall lerner condition I thought it went pretty well
Paper 2 was the easiest I think it has ever been, even our teacher agreed we should all get over 25 for it, I did 2,3 and 4 (externalities, perfect comp and laffer curve)

I did the exact same thing as you. i actualyl struggled with the marshall lerner condition question. i foudn i had nothing to say so i ended up evaluating the effects of decreasing the exchange rate if exports and imports are inelastic. I found paper 1 quite hard actually but paper 2 was easy

[Lewis Tan]

paper 1 i did the multiplier effect and the thing about demand side policies affecting real GDP, thought it was really accessible.
Paper 2 was real nice too, 2/3/4 real nice, laffer curve was great

[ineza]

jamesbomb007, on Nov 16, 2011 - 03:52, said:

I did the oligopoly qn in paper 1, I thought it was a little bit weirdly phrased and not a conventional one, but I managed to do it somehow.

Paper 2 was simple, very standard questions. Should be able to score a high 20s for that.

for paper 1, what did you have to do for the oligopoly question, how was it worded?

[ineza]

jamesbomb007, on Nov 16, 2011 - 03:52, said:

I did the oligopoly qn in paper 1, I thought it was a little bit weirdly phrased and not a conventional one, but I managed to do it somehow.

Paper 2 was simple, very standard questions. Should be able to score a high 20s for that.

for paper 1, what did you have to do for the oligopoly question, how was it worded?

[razgriz_!10]

The oligopoly question was nuts...

[Kimberly]

ahhh. 6 months into economics hl and its killing me ):