Essay and 12 marker questions PDF

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These notes are for an A* in economics....

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10 Marker Questions Analyse the causes of unemployment (10 marks) Analyse the causes of inflation (10 marks) Evaluate the causes and consequences of deflation (10 marks) Analyse the causes of economic growth in the short run and the long run (10 marks) Analyse the role and purpose of the multiplier concept in an economy (10 marks) Analyse why the long-run supply curve eventually becomes vertical (10 marks) Analyse what is meant by a disequilibrium in the macroeconomy (10 marks) Analyse the difference between absolute and comparative advantage (10 marks) Analyse the consequences of changes in the exchange rate on an economy (10 marks)

20 Marker Essays Discuss the benefits, costs and sustainability of economic growth (20 marks) Discuss the consequences of unemployment for an economy (20 marks) Evaluate the consequences of inflation for an economy (20 marks) Discuss how changes in AD and AS may affect output, price level and employment in an economy (20 marks) Discuss the reasons for, and the possible consequences of, conflicts between policy objectives (20 marks) Discuss which would be the best policies to correct imbalances in the balance of payments (20 marks) Discuss the causes and consequences of a deficit and a surplus on the CA of the balance of payments (20 marks) Evaluate why a floating exchange rate system is often preferred to a fixed exchange rate system (20 marks) Discuss how changes in an exchange rate can affect the macroeconomy (20 marks) Discuss the effects on a country of improving its competitiveness in international markets (20 marks)...