It was obvious that she had never intended to keep her promise The time when I was given some bad advice The computer is more of a menace than a blessing. What do you think? Describe a journey that you particularly enjoyed Discipline Rush hour in the city A busy eating place You were on a journey with someone who was suddenly taken ill We were amazed when we heard how lucky John had been Write about some of the things that make you proud of your country The signal How much of your progress at school is the result of your own ability, good luck or good teaching?
Understand the question Make sure you understand the essential point of the question.
If appropriate, you could try and rephrase the question into a simpler version. Examine the macroeconomic implications of a significant fall in UK House prices, combined with a simultaneous loosening of Monetary Policy. Discuss the effect of falling house prices on the economy Discuss the effect of falling interest rates loose monetary policy on economy In effect, there are two distinct parts to this question.
It is a valid response, to deal with each separately, before considering both together. It helps to keep reminding yourself of the question as you answer.
Sometimes candidates start off well, but towards the end forget what the question was. Bear in mind, failure to answer the question can lead to a very low mark. Write in simple sentences For clarity of thought, it is usually best for students to write short sentences. The main thing is to avoid combining too many ideas into one sentence.
If you write in short sentences, it may sound a little stilted; but it is worth remembering that there are no extra marks for a Shakespearian grasp of English. What is the impact of higher interest rates? Higher interest rates increase the cost of borrowing. As a result, those with mortgages will have lower disposable income.
Also, consumers have less incentive to borrow and spend on credit cards. Therefore consumption will be lower. This fall in consumption will cause a fall in Aggregate Demand and therefore lead to lower economic growth. A fall in AD will also reduce inflation.
I could have combined 1 or 2 sentences together, but here I wanted to show that short sentences can aid clarity of thought. Nothing is wasted in the above example. Simple sentences help you to focus on one thing at once, which is another important tip.
Answer the question Quite frequently, when marking economic essays, you see a candidate who has a reasonable knowledge of economics, but unfortunately does not answer the question. Therefore, as a result, they can get zero for a question. At the end of each paragraph you can ask yourself; how does this paragraph answer the question?
If necessary, you can write a one-sentence summary, which directly answers the question. Discuss the impact of Euro membership on UK fiscal and monetary policy? Most students will have revised a question on: Therefore, as soon as they see the Euro in the title, they put down all their notes on the benefits and costs of the Euro.
However, this question is quite specific; it only wishes to know the impact on fiscal and monetary policy. It is important that we always consider other points of view, and discuss various different, potential outcomes. This is what we mean by evaluation.
Macro-evaluation Depends on the state of the economy — full capacity or recession? Time lags — it may take 18 months for interest rates to have an effect Depends on other variables in the economy. Higher investment could be offset by fall in consumer spending. The significance of factors.
Consider the impact on all macroeconomic objectives. For example, higher interest rates may reduce inflation, but what about economic growth, unemployment, current account and balance of payments?
Consider both the supply and demand side.Disclaimer: This work has been submitted by a student. This is not an example of the work written by our professional academic writers. You can view samples of our professional work here..
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50 model A-Level economic essays. Comprehensive essays which illustrate - how to answer the question, include sufficient evaluation and get the top A grade. Some business school admission essays, recommendation letter, resumes, and statement of purposethat have been reviewed by myEssayReview.