A* Answers for A-level Micro Economics

Description

Perfect for revision, self-study or exam preparation, these A* answers help you:

• Understand how to structure full-mark essays
• Improve analytical and evaluative skills
• See how to apply theory to real examples
• Gain confidence in tackling long-form exam questions

Whether you’re aiming for an A or pushing towards A*, this guide provides the clarity and exam technique needed to reach your potential in A-Level Microeconomics.

Includes

What examiners want to see to give A*

Data response

Essays include

• Evaluate policies that could be used to reduce the environmental impact of all types of car. [25 marks]
• Using the extracts and your knowledge of economics, evaluate policies that could be used to reduce in-work poverty in the UK.[25 marks]
• Explain why, in long-run equilibrium, monopolistically competitive markets are neither productively nor allocatively efficient.[15 marks]
• Assess the view that competition policy is likely to lead to markets becoming less efficient in the long run.[25 marks]
• Explain the determinants of the supply of labour to an industry. [15 marks]
• Evaluate the view that labour markets work best when strong monopsony power is balanced by trade union power. [25 marks]
• Explain how market contestability affects the performance of an industry. [15 marks]
• Discuss the view that privatisation is always beneficial because it leads to improvements in efficiency. [25 marks]

29 pages. 7,700 words