Exam-style question
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Explain how AQA Economics paper structure affects resource allocation, welfare or macroeconomic performance. Include evaluation in your answer. (1).
Model answer
What a good answer should say
- Evaluate economic arguments and reach supported EXAM-STYLE 1: a strong response defines the relevant economic concept, applies it to the stated context, develops a cause-and-effect chain, and reaches a judgement about scale, time period, stakeholder effects and reliability of the evidence.
Explanation
Why this works
Evaluate economic arguments and reach supported is assessed through the prompt: "Explain how AQA Economics paper structure affects resource allocation, welfare or macroeconomic performance. Include".
Begin with a precise definition of Evaluate economic arguments and reach supported, then apply it to Synoptic economic principles and issues using the context rather than a memorised paragraph. The analysis should move through at least three steps: the initial cause, the transmission mechanism, and the economic consequence for scale, time period, stakeholder effects and reliability of the evidence.
Evaluation should consider whether the result depends on elasticities, confidence, spare capacity, market power, data quality, the size of the intervention, or the time period. A high-quality AQA answer finishes with a judgement that weighs the strongest argument against the most important limitation, not a generic "it depends" sentence.
Common mistake
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