Essay structure

Question 1

What is the structure for 4 markers?

Answer 1

Kn- 2
Ap- 1
An- 1

Question 2

What is the structure for 6 markers?

Answer 2

Kn- 2
Ap- 2
An- 2

Question 3

What is the structure for 8 markers?
How many chains per para?

Answer 3

Kn- 2
Ap- 2
An- 2
Ev- 2

• 5 chains if 1 paragraph
• 3 chains each if 2 paragraphs

Question 4

What is the structure for 10 markers?
How many chains per paragraph?

Answer 4

Kn- 2
Ap- 2
An- 2
Ev- 4

• 3 chains per paragraph
• 2 evals each with 3 chains

Question 5

What is the structure for 12 markers? How many chains per paragraph?

Answer 5

Kn- 2
Ap- 2
An- 4
Ev- 4

• 2 distinct KAAs with 4 chains
• 2 evals with 3 chains

Question 6

What is the structure for 15 markers? How many chains per para?

Answer 6

Kn- 3
Ap- 3
An- 3
Ev- 6

• 5-6 chains per paragraph
• 2 evals with 4 chains each

Question 7

What is the structure for 25 markers?

Answer 7

Kn- 4
Ap- 4
An- 8
Ev- 9

Question 8

How do you structure your exam timings?

Answer 8

• Section A = 20 mins
• Extract = 5 mins
• 5-marker = 5 mins
• 8-marker = 9 mins
• 10-marker = 12 mins
• 12-marker = 14 mins
• 15-marker = 17 mins
• 25-marker = 35 mins (including a plan)
• 3 mins at the end to read through everything

Question 9

What is the framework to evaluate externalities?

Answer 9

O- Oppose e.g. negative with positive externalities
Q- Quantify e.g. missing info: how many will be affected, hard to add up external costs if too many are affected
T- Time: are the external costs temporary or permanent

Question 10

Go-to micro evals?

Answer 10

• Depends on how profits are allocated - could go to dividends for shareholders rather than investment e.g Apple allocates 25% of profits to dividends
• Depends on trade union density - 46.8% of public sector workers are in trade unions compared to 12% of private sector
• Depends on share of firms costs that go towards energy - some production lines may be more labour than energy intensive e.g. services
• Depends on objectives of the firm - may aim to maximise social welfare or satisficing
• Depends on time frame - PED changes over time (more substitutes enter the market)