economics paper 2

[SamiaSaad]

So... 24 hours have past? Can we start discussing?

 

[SamiaSaad]

hehehe yeah how can it be 34/ 40 for an A?
32/40 makes 80 percent , why would any paper have an grade threshold for A, above 80% ??

Yup. GTs are always between 60% and 70%

 

[happyperson]

Guys, what did you write in the part e of sec A. And what was to be written in that 4 mark question about why should Newzealand export dairy products and import consumer goods.

 

[SamiaSaad]

Section A part e was the worst. I'm confident that I'm gonna lose 6 marks lol.

I wrote about scarcity in that 4 marks one

 

[rackstagryan]

section A last one answer please?

 

[xmariam3x]

section A last one answer please?

also this one

 

[sarahchicka]

last answer was bull shit

Guys, what did you write in the part e of sec A. And what was to be written in that 4 mark question about why should Newzealand export dairy products and import consumer goods.

comparative adv

 

[xmariam3x]

what did u guys write about that part, Why did export earnings from meat rise? even though prices of meat became cheaper
it was something like that

 

[hellblender]

what did u guys write about that part, Why did export earnings from meat rise? even though prices of meat became cheaper
it was something like that

drop in price will lead to increase in QD for meat which i believe is one of the reasons. Forgot what else i wrote, how did you answer it

 

[xmariam3x]

drop in price will lead to increase in QD for meat which i believe is one of the reasons. Forgot what else i wrote, how did you answer it

i wrote that reason, plus i wrote the quality of meat from new zealand was better, and one else which i cant remember

 

[hellblender]

i wrote that reason, plus i wrote the quality of meat from new zealand was better, and one else which i cant remember

how did we have to describe the decline in TOT? I didnt want to be too general so i tried to give a detailed analysis of the descent in the graph as possible through the time periods over that 1 odd year...

 

[xmariam3x]

how did we have to describe the decline in TOT? I didnt want to be too general so i tried to give a detailed analysis of the descent in the graph as possible through the time periods over that 1 odd year...

are you talking about q1 (a)ii ?

 

[Muhtasim Ali]

Guys in section b question no. 3 b I have only discussed yed.how many marks will I lose?

 

[hellblender]

Guys in section b question no. 3 b I have only discussed yed.how many marks will I lose?

i'm assuming you're not variant 2 then, we had a question on YED and CED. 2a and b.

what was your question? and i think you'll still be able to get some marks definitely if you drew some graphs and elaborated on YED according to the question as much as possible

 

[xmariam3x]

Did anyone attempt Q2 from section b?

 

[xmariam3x]

?

 

[kaka g]

Lostsoul
U r quoting it as if he's a principal examiner. I bet he won't have even seen the paper yet!!!!!

Well yeah it can be 36/38 if they convert the total marks to 50 or more so 60.

 

[kaka g]

What did you all do in 1 a i and ii?
And the last question of 1 I think, that was, was the further decline in NZ's ToT expected or something. What did you answer to that.

 

[SamiaSaad]

Was the PED -0.4 in section A part B?

 

[hamza budhani]

Yes

Did anyone attempt Q2 from section b?

i did.for 2 a i wrote defination of income and cross elasticity.i wrote that cross shows subsitute and complementary while income shows inferior and normal with different signs.and i also described how.what u wrote for b?