OCR A Level Economics Study guides, Class notes & Summaries

OCR A Level Economics paper 1 June 2023 Question paper

OCR A Level ECONOMICS paper 2 Mark-scheme June 2023

OCR A Level ECONOMICS paper 3 Mark-scheme June 2023

OCR A LEVEL Economics H460/01 JUNE 2022 FINAL MARKSCHEME – Microeconomics. H460/01 Mark Scheme 7 Levels of response / Level descriptors Knowledge and understanding/ Application Analysis Evaluation Strong Precision in the use of the terms in the question and applied in a focused way to the context of the question. An explanation of causes and consequences, fully developing the links in the chain of argument. A conclusion is drawn weighinsupported judgement. Good An explana...

OCR A Level Economics H460/02 JUNE 2022 FINAL QUESTION PAPER >Macroeconomics

This is the official question paper

This is the official question paper

This is the official question paper

This is the official question paper

normative statement an opinion that cannot be confirmed by referencing facts positive statement a statement that can be proved by referencing facts why are economic models used? theories cannot be tested in a controlled environment the basic economic problem scarcity - consumer wants are always greater than available resources opportunity cost the next best alternative foregone factors of production resources used by a firm in production list and define the factors of production lab...