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** 2013 Economics HL Before/After **

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1356

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    #62
    stephenjmcd
    Registered Users Posts: 15,269 ✭✭✭✭stephenjmcd


    shawki wrote: »
    The marking scheme accepts both answers as long as you have a valid argument. I'd go with regressive

    regressive, doesnt take into account the ability of the tax payer to pay it


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    #63
    yournerd
    Registered Users Posts: 4,159 ✭✭✭yournerd


    What's the substitution and income effect?


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    #64
    Lucan Bohs
    Registered Users Posts: 651 ✭✭✭Lucan Bohs


    yournerd wrote: »
    What's the substitution and income effect?

    Afaik sub effect is basically when the price of one good increases the consumer will buy a different cheaper good.

    Income effect is when income increases consumers will buy better quality/more expensive goods


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    #65
    Sean95
    Registered Users Posts: 5 ✭Sean95


    David086 wrote: »
    Is the property tax progressive or regressive?

    It's a progressive regressive tax :p


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    #66
    decisions
    Closed Accounts Posts: 8,207 ✭✭✭decisions


    I'm more nervous for this exam than any of the others because I'm expected to get and A but I know I haven't done the work.


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    #67
    VincentLeB
    Registered Users Posts: 86 ✭✭VincentLeB


    So for micro, what's expected:

    1. Imperfect Competition / Oligopoly
    2. ????
    3. ????
    4. ????

    I realise one may not be totally micro, etc.


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    #68
    yournerd
    Registered Users Posts: 4,159 ✭✭✭yournerd


    3:5 ratio!

    Whats the shift along a curve? how do you explain it?


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    #69
    LostBoy101
    Registered Users Posts: 2,369 ✭✭✭LostBoy101


    yournerd wrote: »
    3:5 ratio!

    Whats the shift along a curve? how do you explain it?
    You mean movement along a demand curve?

    It is caused by a change in the price of a good.


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    #70
    Vito Corleone
    Closed Accounts Posts: 2,753 ✭✭✭Vito Corleone


    I didn't get to revise over half the stuff I had planned to. :o I just hope the paper is similar to the DEB mock paper.


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    #71
    D_s
    Registered Users Posts: 149 ✭✭D_s


    decisions wrote: »
    I'm more nervous for this exam than any of the others because I'm expected to get and A but I know I haven't done the work.

    They do this "Gold Medal" thing in my school where the student expected to get the best result in each exam gets a gold medal. Guess who got the Economics gold medal :pac: I think my teacher might be sorely disappointed :P I hate expectations...


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    #72
    yournerd
    Registered Users Posts: 4,159 ✭✭✭yournerd


    this is gonna be bad.


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    #73
    SeanyboyQPR
    Registered Users Posts: 355 ✭✭SeanyboyQPR


    yournerd wrote: »
    this is gonna be bad.

    Hey, you said you were going for 100%! Can't be all bad :P


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    #74
    yournerd
    Registered Users Posts: 4,159 ✭✭✭yournerd


    Then I did accounting and lost faith :( I don't even know anything..


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    #75
    SeanyboyQPR
    Registered Users Posts: 355 ✭✭SeanyboyQPR


    yournerd wrote: »
    Then I did accounting and lost faith :( I don't even know anything..

    I have faith in you, you wouldn't still have trinners first if things were going that bad ;)


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    #76
    VincentLeB
    Registered Users Posts: 86 ✭✭VincentLeB


    I know it's kind-of hit or miss, but does anyone have any idea what short questions are going to come up?

    Would bet there would be one on NTMA and NAMA, etc. Maybe regressive/progressive. Etc.

    Any ones to look out for?


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    #77
    yournerd
    Registered Users Posts: 4,159 ✭✭✭yournerd


    SeanyboyQPR wrote: »
    I have faith in you, you wouldn't still have trinners first if things were going that bad ;)

    You on,y want me to do bad so you,l get in sean. Don't lie.


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    #78
    SeanyboyQPR
    Registered Users Posts: 355 ✭✭SeanyboyQPR


    yournerd wrote: »
    You on,y want me to do bad so you,l get in sean. Don't lie.

    Not at all, I want UCD :)


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    #79
    django 123
    Registered Users Posts: 26 ✭django 123


    Do at least 3q come up on micro?


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    #80
    Newteacher
    Registered Users Posts: 76 ✭✭Newteacher


    django 123 wrote: »
    Do at least 3q come up on micro?

    Yes. Sometimes even 4 but at least 3. Good luck today everyone:)


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    #81
    yournerd
    Registered Users Posts: 4,159 ✭✭✭yournerd


    nervous.


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    #82
    stephenjmcd
    Registered Users Posts: 15,269 ✭✭✭✭stephenjmcd


    One or two tricky qs defo passed though


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    #83
    The Pheasant2
    Closed Accounts Posts: 2,699 ✭✭✭The Pheasant2


    Digusting paper, probably the hardest I've seen...got 97% at the mocks, deffo didn't even get an A there. Bye bye course...**** you economics


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    #84
    stephenjmcd
    Registered Users Posts: 15,269 ✭✭✭✭stephenjmcd


    The Pheasant2 wrote: »
    Digusting paper, probably the hardest I've seen...got 97% at the mocks, deffo didn't even get an A there. Bye bye course...**** you economics

    If a lot of people fall down then it could be marked easier


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    #85
    Vito Corleone
    Closed Accounts Posts: 2,753 ✭✭✭Vito Corleone


    The Pheasant2 wrote: »
    Digusting paper, probably the hardest I've seen...got 97% at the mocks, deffo didn't even get an A there. Bye bye course...**** you economics

    I got an A1 as well in the mock, no way I got close to that today.


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    #86
    stephenjmcd
    Registered Users Posts: 15,269 ✭✭✭✭stephenjmcd


    Vito Corleone wrote: »
    I got an A1 as well in the mock, no way I got close to that today.

    Could be an easier marking scheme ??


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    #87
    woopah92
    Registered Users Posts: 482 ✭✭woopah92


    Vito Corleone wrote: »
    I got an A1 as well in the mock, no way I got close to that today.

    Me too. Economics was one of the ones I put the most work into, 94% in the mock, I'd say a B1/A2 today was what I managed.


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    #88
    HugsiePie
    Registered Users Posts: 11,157 ✭✭✭✭HugsiePie


    Is economics an awful lot like business, do they overlap a lot?


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    #89
    sganyfx
    Registered Users Posts: 239 ✭✭sganyfx


    The hardest Economics paper I have ever seen, but I don't think I have dropped 40 marks...I hope.


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    #90
    Sierra_x
    Registered Users Posts: 3 ✭Sierra_x


    Did Economics last year, one of my favorite subjects. Just wondering what came up out of Monopoly, Imperfect Comp, Elasticity etc? :)


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    #91
    aarondoc
    Registered Users Posts: 94 ✭✭aarondoc


    Got an A2 in the mocks but definitely dropped there. I've never heard of some of the things in the short questions


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