logo

Question detail

Using a chain of analysis, explain the economic effect of Data response and evidence use, including the transmission mechanism and a supported judgement. (2)

Try the question, check the answer, then read the explanation to understand the curriculum point.

At a glance

Question

Type

exam_style

Style

Topic

Synoptic economic principles and issues

Exam-style question

Try this first

Using a chain of analysis, explain the economic effect of Data response and evidence use, including the transmission mechanism and a supported judgement. (2).

Model answer

What a good answer should say

  • Use economic evidence to support analysis and EXAM-STYLE 2: 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

Use economic evidence to support analysis and is assessed through the prompt: "Using a chain of analysis, explain the economic effect of Data response and evidence use, including the transmission". Begin with a precise definition of Use economic evidence to support analysis and, 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

No common mistake is linked to this question yet.

Related flashcards

No flashcards are published for this page yet.

Related practice questions

No questions are published for this page yet.