Ocr a level economics - Study guides, Revision notes & Summaries

OCR A Level Economics Exam with 100% Correct Answers # Latest normative statement *Ans* an opinion that cannot be confirmed by referencing facts positive statement *Ans* a statement that can be proved by referencing facts why are economic models used? *Ans* theories cannot be tested in a controlled environment the basic economic problem *Ans* scarcity - consumer wants are always greater than available resources opportunity cost *Ans* the next best alternative foregone factors of prod...

This is the final mark scheme

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 H460/01 JUNE 2022 FINAL MARKSCHEME – Microeconomics. Mark Scheme 5 11. Annotations Annotation Meaning Blank Page – this annotation must be used on all blank pages within an answer bookleadditional object where there is no candidate response. Correct – mark awarded Incorrect Benefit of doubt AO1 – Knowledge and understanding AO2 – Apply knowledge and understanding AO3 - Analyse AO4 - Evaluation Not answering question Noted but no credit given Too vag...

This is the official question paper

This is the final mark scheme

This is the official question paper

This is the official question paper

This is the official question paper

This is the final mark scheme