Notes
How to structure papers (from u/winstonchan270707)
paper 1 10 marker:
definition of key terms in question
draw a diagram with a hypothetical example, e.g. Market for EVs in US
explain your diagram, and relevant economics in relation to your hypothetical example
paper 1 15 marker:
definition of key terms in question
draw a diagram(s) with a real world example (s)
explain diagram, relevant economics in relation to the example
evaluation
the simple structure for simple questions (eg macro policy) is pro con pro con
for evaluation, you can use PEEL - evidence can be things you researched for your example, diagram e.g. consumer and producer surplus change
for evaluation, refer to stakeholders, long run/short run, assumptions, priorities to the government
conclusion
paper 2 15 marker: also a definition, diagram, explanation, evaluation but constantly and consistently refer to the case study, and that should be some/most your evidence as well
paper 3 10 marker: no need diagram, just definition of key terms/introduce policy, explanation, 1 pro, 1 con
*if the question doesn’t have a diagram (e.g. Explain the costs of poverty), then it is not needed **some 15 markers have “evaluate whether XYZ is the most effective way..” if you see that, you should compare it with another/other policies in your evaluation
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