Post on 12-Jun-2015
description
A2 Macro3 Examples of Excellent Exam Technique
Best Paragraph Structure for A2 Macro
One Main Point/Argument
Analyse / Connectives
Supporting Examples &
Evidence
Evaluate the actual point
made
Evaluate
Assess
Discuss
To what extent
Examine
Questions Requiring Evaluation
2:34:21 PM
A01 Knowledge
A02 Application
A03 Analysis
A04 Evaluation
The Assessment Objectives
2:32:17 PM
Most common errors
Not using the data in the extracts
Not evaluating in every paragraph
Not referring to/explaining diagrams
Not defining terms accurately
Short chains of analysis – missing links
Top Tips
Use signposting from the question
Spread your work out well
Large analysis diagrams
Work timing out beforehand
Short plan helps to frame work
Good Evaluation Phrases
It depends on….
In the short run…however in the long run
The magnitude of the effect….
The most important point…
This will also impact
Evaluating impact of FDI
2:32:17 PM
Assessing Impact of Inward FDIBenefits / positive spill-
overs
Multiplier Effect
Technology transfer to host economy
Helps to boost host’s GDP (& exports)
Often Joint Venture only (China, India)
Depends on size and extent multiplierEvaluation
Evaluation
Evaluation
Evaluation
Depends on the product and quality of jobs
May result in resource depletion (Pepsi)
MNC may bring their own workers
2:32:17 PM
Current Account Deficit
2:32:17 PM
Is a current account deficit a concern? Evaluation points for a current account deficit
country
Often balanced by financial account
surplus
May be caused by structural change
Trade creation might have
occurred
May be a policy to reduce domestic
inflationary pressure
Depends whether surplus elsewhere is sustainableEvaluation
Evaluation
Evaluation
Evaluation
Depends on the cause of deficit and duration
Depends if comparative advantage has been eroded
Sustainable?
2:32:17 PM
Labour Migration
2:32:17 PM
The Migration DebateMigrant Workers as a % of a country’s total population
Country Name 2010 Country Name 2010
Kuwait 76.6 World 3.1
Qatar 74.2 Sub-Saharan Africa 2.1
United Arab Emirates 43.8 Least developed countries
1.4
Singapore 38.7 Korea, Rep. 1.1
Australia 21.1 Mexico 0.6
Ireland 20.1 Philippines 0.5
United States 13.8 India 0.4
Germany 13.2 Brazil 0.4
United Kingdom 10.4 China 0.1
South Africa 3.7 Indonesia 0.1
Source: World Bank
2:32:17 PM
Assessing Impact of Inward Migration
Benefits / positive spill-overs
Injection of human capital / expansion
of labour force
Multiplier effects on aggregate
demand
Helps to sustain inward FDI
Remittances add to GNI – export opportunities
Depends on composition of the influx of new workersEvaluation
Evaluation
Evaluation
Evaluation
Will total employment and GDP per capita rise?
Pressure on scarce resources, higher welfare
Brain drain effects from source countries
2:32:17 PM
Get help for unit 4 from fellow students, teachers and tutor2u on Twitter:
#econ4@tutor2u_econ
Tutor2u
Keep up-to-date with economics, resources, quizzes and
worksheets for your economics course.
2:32:17 PM