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All right. Here comes Part B (1) How to choose between the two? As mentioned in earlier posts on Unit 2, have a look at the questions for b...

General technique (1m) for correct option, (1m) for relevant definition and (2m) for explaining why the correct option is chosen Specific te...

(1) Not knowing which question to choose This is the largest dilemma for candidates. If wrong question is picked, 10-15 minutes would have b...

Examination tips (highly possible questions) : Commodities (1) Demand and supply diagram to show changes in price . However, it is more lik...

Why some economics students find it extremely hard to remember definitions? (1) Memorising without understanding . It is a fact that most st...

1. Each multiple choice question (MCQ) carries 4m. Candidates can generally achieve full 4m by choosing the correct option (1m), provide rel...

Lately, an insurance agent whom I knew through a friend of mine approached me with some ‘awesome’ savings plan offered by his company. Hones...

The recent Bank of Japan’s massive intervention into money market is one politically bold move which is least expected by many. It creates a...

It seems that the flood-nightmare in Pakistan is not over yet. Although the Indus River is already at its 50-year high, it is expected that ...

To me 2010 is a ‘fascinating’ year. It represents economic threats as well as opportunities for countries around the world that are closely ...

The long awaited subsidy-rationalisation programme in Malaysia has finally kicked in on 16th July after several years of empty words. Althou...

The British economy is currently suffering from a period of high inflation, something which is usually against the norm especially when the ...

This is Richard Pettinger, a lecturer from Lady Margaret Hall and a former examiner of Edexcel. He is a dedicated writer/ economist and chec...

This post is the continuation of the previous one. The second possible scenario to be tested is air pollution. The extract may have somethin...

This post is meant for all those international students who will be sitting for the Edexcel Economics Unit 1: Competitive Markets this comin...

Finally, the long awaited list of definitions for those international students who will be sitting for Edexcel A-Levels Economics, Unit 4: G...

Here they are: (1) Aggregate demand (AD): Total spending onto goods and services in an economy. The components of AD are consumption (C), ...

Part 1: Budget 2010 in UK Part 2: Budget 2010 in UK

(1) Production possibility frontier (PPF). A curve that shows the combination of two goods that can be produced in an economy shall all res...