25 Marker (Micro/Macro Effects) - Paper 3 - Edexcel A Level Economics

[@jammydodger1277]

Can you still use stats and figures you know (not from the extract) as your application e.g. I still remember loads that I memorised for paper 1/2

[@roadkill1172]

Yeah you can, it still counts as application. But it's best to use your own application alongside evidence from the extract, since the 25 marker you get will likely directly correlate with the extract. If the extract is about Indonesian farmers, you should use the extract, but you can compare schemes that might've been used in Rwanda for example as long as it's suitable.

[@harrywilliams7201]

Do you have to do 2 micro and 2 macro points and then an evaluation para for each one (4) cause I just don’t have time to write that many. Is it compulsory, will I limit my marks

[@msdd7610]

it’s one macro paragraph; then evaluate and then a micro paragraph and evaluate (the order doesn’t matter you can do micro then macro or vice versa) Just make sure you specify if you’re writing a micro or macro paragraph and don’t forget the judgement (conclusion) at the end So 5 paragraphs: macro-evaluate; micro-evaluate and then a judgement You can have an intro defining key terms too

[@harrywilliams7201]

@@msdd7610 yeah sick that’s light work baby

[@msdd7610]

@@harrywilliams7201 I didn’t know Ronnie Coleman did A-level econ

[@harrywilliams7201]

@@msdd7610 Yeahhh Buddyyyyy

[@jonathanjoestar2920]

dal i owe you my life fortunes

[@tbwentmia]

this is my prediction for edexcel tommorow 25 marker on Lewis Model, 12 marker, on Harrod Domar, 8 Marker on

[@oscarbrierley8861]

Do AQA Paper 3 25 marker structure follow the same structure?

[@jammydodger1277]

Does the number of micro/macro points have to be balanced e.g. if I’m doing 3 points then I have to do 2 of macro/micro and 1 of the other, is that fine?

[@roadkill1172]

As long as there is at least one micro and one macro paragraph, anything extra can be anything. I.e. you could have 3 micro points, and one macro, but time constraints make that unlikely. 2 micro and one macro is completely fine.

[@yashb3907]

top lad!

[@adamfn5171]

big up

[@bohoneykempeneer8149]

can I do the evaluation within my macro/micro point so essentially I would write 2 micro effects with evaluation within the paragraph, and then 1 micro with evaluation in it?

[@roadkill1172]

I think you missed out saying "macro" somewhere. Avoid evaluating within your paragraphs - that'll be a nightmare for examiners, and can very easily be interpreted as something that is part of your KAA paragraph.

[@benh82289]

W dal

[@marria_tapsell6846]

I JUST SPENT 20 MINUTES REVISING FOR AN ECONOMCS PAPER 3 I HAVE BIOLOGY TOMRROW I DONT TAKE ECONOMICS I JUST CANT READ

[@tbwentmia]

What tf, how did it go

[@zerodgrsc]

Why’d u revise smth u know u don’t take

[@atk7496]

GUYS WHAT DOES MICRO AND MACRO FACTORS MEAN?? i see it in past questions and dont understand wth to talk about

[@taniani884]

Micro is factors from firms/individuals, like confidence, barriers to entry, wages etc Macro is factors from the economy, like inflation, spare capacity, imports/exports, etc

[@atk7496]

@@taniani884 legend thanks

[@arabella2265]

ly dal

[@arabella2265]

also does that mean you can evaluate a macro point with micro stuff ? e.g. evaluating with loss of consumer surplus and loss of competition (micro) on a point talking about imports being expensive for firms due to spiced (macro)

[@roadkill1172]

@@arabella2265 SPICED is strong pound, imports cheap, exports dear. So imports would not be expensive for firms. And to answer your question, yes you can evaluate a macro concept with micro concepts - a lot of theme 1 is fundamental economics, so it's hard not to make reference to things like PED.

[@arabella2265]

@@roadkill1172 oops my bad i meant WIDEC. tysm for clearing that up tho !!

[@kingsteezy1629]

ly u too bella

[@arabella2265]

@@kingsteezy1629 LOL