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CIE 9708 A2 Economics Data Response Answering Tips
Mark Allocation Strategies 2–3 Mark Questions (Definitions/Identification): Marks are awarded for precise definitions and identifying key data points. For example, defining "recession" requires linking the term to Gross Domestic Product (GDP), specify that there is negative growth of GDP or output and state the specific time requirement: over 2 consecutive quarters (6 months) 4–5 Mark Questions (Analysis/Explanation): These usually require a logical chain of reasoning or a d

Caris
Apr 15


PES: Does Slope Matter?
While many students commonly associate steeper supply curves with inelastic price elasticity of supply (PES) and flatter supply curves...
Jun 5, 2024
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