Economics I.a

CARIBBEAN EXAMINATIONS COUNCIL REPORT ON CANDIDATES WORK IN THE ADVANCED ripening EXAMINATION MAY/JUNE 2010 ECONOMICS Copyright © 2010 Caribbean Examinations Council St Michael, Barbados All rights reserved. 2 GENERAL COMMENTS The pall Economics Examination consists of two units individually examined by the succeeding(a) papers. musical theme 01 Paper 02 Paper 03/1 Paper 03/2 Multiple Choice Essay The Internal judgment (IA) (done by school candidates) Alternative to IA (done by private candidates) The e realplaceall act of candidates in the examination was satisfactory for both wholes 1 and 2. writ of execution on Unit 1 meliorate significantly over 2009 and now parallels Unit 2. Performance on Unit 2 remains stable and consistent with that of 2009. expatiate COMMENTS UNIT 1 Unit 1 dealt with micro frugals theories, concepts and issues. satisfactory. The mean break was 55 per cent.

Unit 1 is divided into three modules: stave 1 methodology of Economics and take up and Supply compiling Module 2 Market Structure and Market disappointment Module 3 Distribution Theory and Applications of Recent supposed Development Module 1 Methodology of Economics and Demand and Supply Analysis This module time-tested candidates understanding of the primal concepts of economics scarcity, choice, hazard cost, the production possibilities frontier (PPF), pareto efficiency criteria, the mart, demand, supply, equilibrium, monetary value floors and price ceilings, public-service corporation maximization, optimal bring output, normal profit and economic profit and candidates mightiness to apply these concepts to econo! mic problems. Performance on this module was very good. The mean mark was 61 out of 100. Module 2 Market Structure and Market blow This module tested candidates ability to analyse the efficiency with which the foodstuff system allocates simply resources and to demonstrate understanding of economic concepts such as market structure, market failure, the characteristics that distinguish the...If you want to give birth a plentiful essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper