Tips on exam technique for answering unit 4 Macro questions

2. Best Paragraph Structure for A2 Macro
One Main
Point/Argument
Questions Requiring Evaluation
Analyse /
Connectives
Supporting
Examples &
Evidence
Evaluate the
actual point
made
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Examine
To what extent
Evaluate
Discuss
Assess

3. The Assessment Objectives
A01 Knowledge
A02 Application
A03 Analysis
A04 Evaluation
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4. Most common errors
Not using the data in the extracts
Not evaluating in every paragraph
Not referring to/explaining diagrams
Not defining terms accurately
Short chains of analysis – missing links

5. Top Tips
Use signposting from the question
Spread your work out well
Large analysis diagrams
Work timing out beforehand
Short plan helps to frame work

6. Good Evaluation Phrases
It depends on….
In the short run…however in the long run
The magnitude of the effect….
The most important point…
This will also impact

7. Evaluating impact of FDI
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8. Assessing Impact of Inward FDI
Benefits / positive spillovers
Multiplier Effect
Evaluation
Depends on size and extent
multiplier
Technology
transfer to host
economy
Evaluation
Depends on the product
and quality of jobs
Evaluation
May result in resource
depletion (Pepsi)
Evaluation
MNC may bring their own
workers
Helps to boost
host’s GDP
(& exports)
Often Joint
Venture only
(China, India)
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9. Current Account Deficit
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10. Is a current account deficit a concern?
Evaluation points for a
current account deficit
country
Often balanced by
financial account
surplus
Depends whether surplus
elsewhere is sustainable
May be caused by
structural change
Evaluation
Depends on the cause of
deficit and duration
Trade creation
might have
occurred
Evaluation
Depends if comparative
advantage has been eroded
May be a policy to
reduce domestic
inflationary
pressure
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Evaluation
Evaluation
Sustainable?

11. Labour Migration
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12. The Migration Debate
Migrant Workers as a % of a country’s total population
Country Name
2010 Country Name
Kuwait
76.6 World
3.1
Qatar
74.2 Sub-Saharan Africa
2.1
United Arab
Emirates
Singapore
43.8 Least developed
countries
38.7 Korea, Rep.
1.4
Australia
21.1 Mexico
0.6
Ireland
20.1 Philippines
0.5
United States
13.8 India
0.4
Germany
13.2 Brazil
0.4
United Kingdom
10.4 China
0.1
South Africa
3.7 Indonesia
2010
1.1
0.1
Source: World Bank
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13. Assessing Impact of Inward Migration
Benefits / positive spillovers
Injection of human
capital / expansion
of labour force
Depends on composition of
the influx of new workers
Multiplier effects
on aggregate
demand
Evaluation
Will total employment and
GDP per capita rise?
Helps to sustain
inward FDI
Evaluation
Pressure on scarce
resources, higher welfare
Remittances add
to GNI – export
opportunities
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Evaluation
Evaluation
Brain drain effects from
source countries

14. Get help for unit 4 from
fellow students,
teachers and tutor2u
on Twitter:
#econ4
@tutor2u_econ

15. Tutor2u
Keep up-to-date with economics,
resources, quizzes and
worksheets for your economics
course.
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