Exam Technique

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