Question 1
Which of these is a monetary policy measure?
How Paper 2 is marked
Short parts earn a mark per point and link. The 8-mark discussion is marked in three levels.
| Section A | One compulsory data response, 20 marks, six parts |
|---|---|
| Section B | Three of four questions, 20 marks each: 2, 4, 6 and 8 |
| Time | 2 hours for 80 marks |
| Weight | 70% of the grade |
The 8-mark discussion
- Level 1 (1 to 2): relevant points, not developed.
- Level 2 (3 to 5): developed analysis, but one-sided.
- Level 3 (6 to 8): both sides developed, with a reasoned conclusion.
Explain and analyse
One mark to identify a point, then a mark for each link of reasoning you write out.
Try 2 questions
Question 2
Which of these is a public good?
Next step
Questions people ask
How long should an 8-mark answer be?
Long enough to develop two sides and conclude: about a page in the exam.
Do I need diagrams?
Some questions ask for one. Market failure and market structure need none.