technodrone Posted November 15, 2011 Report Share Posted November 15, 2011 (edited) Hi All. What were your experiences of paper 1 and 2 for those of you taking Economics Higher Level, and what were the questions you attempted in each paper? Edited November 15, 2011 by Mahuta ♥ Only papers 1 and 2 may be discussed today. Reply Link to post Share on other sites More sharing options...
United4Life Posted November 15, 2011 Report Share Posted November 15, 2011 Paper 1 wasn't ideal for me I was hoping for any theory of firm question apart from oligopoly lol so I did number 3 on paper 1 - the one about the exchange rate and the marshall lerner condition I thought it went pretty wellPaper 2 was the easiest I think it has ever been, even our teacher agreed we should all get over 25 for it, I did 2,3 and 4 (externalities, perfect comp and laffer curve) Reply Link to post Share on other sites More sharing options...
saunders is god Posted November 15, 2011 Report Share Posted November 15, 2011 yeh i did the exact same ^^^ Reply Link to post Share on other sites More sharing options...
jamesbomb007 Posted November 16, 2011 Report Share Posted November 16, 2011 I did the oligopoly qn in paper 1, I thought it was a little bit weirdly phrased and not a conventional one, but I managed to do it somehow.Paper 2 was simple, very standard questions. Should be able to score a high 20s for that. 1 Reply Link to post Share on other sites More sharing options...
Gladiatrix Posted November 16, 2011 Report Share Posted November 16, 2011 The first paper was hard.. sigh Reply Link to post Share on other sites More sharing options...
amy11 Posted November 16, 2011 Report Share Posted November 16, 2011 Paper 1 wasn't ideal for me I was hoping for any theory of firm question apart from oligopoly lol so I did number 3 on paper 1 - the one about the exchange rate and the marshall lerner condition I thought it went pretty wellPaper 2 was the easiest I think it has ever been, even our teacher agreed we should all get over 25 for it, I did 2,3 and 4 (externalities, perfect comp and laffer curve)I did the exact same thing as you. i actualyl struggled with the marshall lerner condition question. i foudn i had nothing to say so i ended up evaluating the effects of decreasing the exchange rate if exports and imports are inelastic. I found paper 1 quite hard actually but paper 2 was easy Reply Link to post Share on other sites More sharing options...
Lewis Tan Posted November 16, 2011 Report Share Posted November 16, 2011 paper 1 i did the multiplier effect and the thing about demand side policies affecting real GDP, thought it was really accessible. Paper 2 was real nice too, 2/3/4 real nice, laffer curve was great 1 Reply Link to post Share on other sites More sharing options...
ineza Posted November 19, 2011 Report Share Posted November 19, 2011 I did the oligopoly qn in paper 1, I thought it was a little bit weirdly phrased and not a conventional one, but I managed to do it somehow.Paper 2 was simple, very standard questions. Should be able to score a high 20s for that. for paper 1, what did you have to do for the oligopoly question, how was it worded? Reply Link to post Share on other sites More sharing options...
ineza Posted November 19, 2011 Report Share Posted November 19, 2011 I did the oligopoly qn in paper 1, I thought it was a little bit weirdly phrased and not a conventional one, but I managed to do it somehow.Paper 2 was simple, very standard questions. Should be able to score a high 20s for that.for paper 1, what did you have to do for the oligopoly question, how was it worded? Reply Link to post Share on other sites More sharing options...
razgriz_!10 Posted November 28, 2011 Report Share Posted November 28, 2011 The oligopoly question was nuts... Reply Link to post Share on other sites More sharing options...
Kimberly Posted December 14, 2011 Report Share Posted December 14, 2011 ahhh. 6 months into economics hl and its killing me ): Reply Link to post Share on other sites More sharing options...
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