This document outlines techniques for answering different types of exam questions. A 5-marker definition question can be answered with a definition, formula if relevant, and example. An 8-marker comparison question should include two points of comparison, two significant features, supporting data using correct units. A 12-marker data response question may require a diagram and should include defining supply and demand curves, explaining a shift in one curve, explaining the resulting price change, and thoroughly explaining externalities with relevant definitions and diagrams. A 25-marker essay should introduce the context, define terms, give thorough evaluation of both sides of FOR and AGAINST questions using at least two diagrams linked back to the case study.
This document outlines techniques for answering different types of exam questions. A 5-marker definition question can be answered with a definition, formula if relevant, and example. An 8-marker comparison question should include two points of comparison, two significant features, supporting data using correct units. A 12-marker data response question may require a diagram and should include defining supply and demand curves, explaining a shift in one curve, explaining the resulting price change, and thoroughly explaining externalities with relevant definitions and diagrams. A 25-marker essay should introduce the context, define terms, give thorough evaluation of both sides of FOR and AGAINST questions using at least two diagrams linked back to the case study.
This document outlines techniques for answering different types of exam questions. A 5-marker definition question can be answered with a definition, formula if relevant, and example. An 8-marker comparison question should include two points of comparison, two significant features, supporting data using correct units. A 12-marker data response question may require a diagram and should include defining supply and demand curves, explaining a shift in one curve, explaining the resulting price change, and thoroughly explaining externalities with relevant definitions and diagrams. A 25-marker essay should introduce the context, define terms, give thorough evaluation of both sides of FOR and AGAINST questions using at least two diagrams linked back to the case study.
This document outlines techniques for answering different types of exam questions. A 5-marker definition question can be answered with a definition, formula if relevant, and example. An 8-marker comparison question should include two points of comparison, two significant features, supporting data using correct units. A 12-marker data response question may require a diagram and should include defining supply and demand curves, explaining a shift in one curve, explaining the resulting price change, and thoroughly explaining externalities with relevant definitions and diagrams. A 25-marker essay should introduce the context, define terms, give thorough evaluation of both sides of FOR and AGAINST questions using at least two diagrams linked back to the case study.
Definitions (5 marker) Definition + Formula (if applicable) + Example
Comparison response (8 marker)
Two points of comparison between two sets of data
Two significant features between two sets of data Support with relevant data Use correct units
Data response (12 marker)
A diagram may or may not be required for the explanations. Excess supply or demand questions o Shift one curve in the diagram o Define supply and demand curve o Causal chain using key terms explaining the shift o Explain why price changes (refer to excess demand/supply) Externalities o Appropriate diagram o Two accurate and relevant definitions o Explain the private cost or the benefit o Explain what the externality is and who receives it o Explain why there is a missing market of resources due to a missing market or poorly defined property rights o Refer to the diagram explicitly
Essay technique (25 marker)
Explain the situation/context in the introduction and define terms. Always give thorough evaluation. Give reasons why it might not work.
FOR and AGAINST questions
Evaluate points for and against alternatives
Use at least 2 diagrams o Describe and explain o Link back to the case study Do not explore methods of intervention only
Evaluate methods questions
Evaluate each method in turn, analysing good and bad points
Use at least 2 diagrams o Describe and explain o Link back to the case study