Exam Technique Tips for Edexcel A-Level Economics Paper 3 2024

In this short video, Geoff takes you through Edexcel Economics Paper 3 with some important exam technique advice ahead of the last exam.
#edexceleconomics #exams2024

[@aaron1he]

anything can show up but could there be hints of certain topics based off what has already shown up in past years and past papers from this year?

[@gcsepotential]

Hi Geoff and Team -- cheers for all the content, been proper useful for my exams. Just wondering if you had any good book recommendations on Austerity? You've said a few times that you aren't a fan, so I'm interested in learning some more about the economic theory behind it. Cheers.

[@tutor2u-official]

Thanks! Not sure about any one particular book that is sufficiently up-to-date but this Guardian landing page has some interesting background and commentary www.theguardian.com/business/austerity

[@poissonerie6975]

Sorry I have quite a lot of questions 1. For the 8 and 12 do you need to do both a micro and a macro point? 2. For the 25 do you need application from extracts in both micro and macro paragraphs? 3. do you have to evaluate your micro point with a micro evaluative point, or can you go a bit macro in the evaluation? And vice versa 4. How exactly do you write the conclusion? With both micro and macro points Thank you so much!

[@tutor2u-official]

8 or 12 marker will either be micro or macro but not both 25 marker - yes - application needed in every paragraph including the final reasoned judgement evaluate micro with micro, macro with macro final judgement - consider which micro or macro effects / causes / policies are most important and why Go well!

[@poissonerie6975]

⁠@@tutor2u-officialThank you so much Geoff!!!

[@junyouzhang800]

hello, can you please make a video about how to write a balanced judgement at the end of 25 markers? i rlly struggle with that

[@isaactarrant7804]

Geoff - why does a lot of exports require imports ? Can’t work it out. Surely it all can get balanced by financial / capital accounts?

[@tutor2u-official]

Bangladesh exports textiles - but it imports cotton . Exports require imports!

[@isaactarrant7804]

@@tutor2u-official oh i see.... as FoPs.

[@haustafall1759]

Hi, sorry, just a question: If a 12 marker explicitly says you have to draw a cost and revenue diagram, do you need a second point as well? Or can you just draw the diagram, explain (with application) and evaluate it?

[@tutor2u-official]

Developed diagram usually takes the place of the 2nd KAA point - but you will still need two separate evaluation points - good luck!

[@CornG4397]

Paper 3 is OCR's easy paper

[@tutor2u-official]

Go well and smash the paper!

[@CornG4397]

@@tutor2u-official thanks@

[@LeBronJames-mt3fd]

what is at most marks can you get out of 25 if you do not do a final judgement? Is it really that important

[@LeBronJames-mt3fd]

Also do you need to know a specific case study or will the extract be available as a choice E.g kenya

[@tutor2u-official]

You cannot get to level 4 for eval without a judgement

[@tutor2u-official]

You can use the extracts and perhaps countries / markets of your choice

[@katewakeford6151]

Are there any significant differences between the key words within the 25 mark questions e.g "Influences, Effects or Policies/Strategies"? Also Is there a difference between strategies and policies or do they mostly mean the same thing? Thanks

[@tutor2u-official]

Causes / Effects / Policies are very different! But policies and strategies are pretty much the same thing! You might divide into micro/macro and then short and long run policies for example. Most issues require a combination of policies.

[@katewakeford6151]

Also if you answer a question with a valid reason but it happens to not be on the mark scheme will it be given marks?

[@tutor2u-official]

For sure Kate!, examiners will consult with their team leaders for valid analysis and evaluation that lies beyond the mark scheme - it will be given credit., No mark scheme can ever hope to cover all possible responses.

[@katewakeford6151]

@@tutor2u-official tysm!!