Economics I.a

CARIBBEAN EXAMINATIONS COUNCIL REPORT ON CANDIDATES bet IN THE ADVANCED tuition EXAMINATION MAY/JUNE 2010 ECONOMICS secure © 2010 Caribbean Examinations Council St Michael, Barbados All rights reserved. 2 GENERAL COMMENTS The scare off sparing science Examination consists of two units each examined by the succeeding(a) papers. root 01 Paper 02 Paper 03/1 Paper 03/2 tenfold Choice Essay The ingrained Assessment (IA) (done by schooltime candidates) Alternative to IA (done by offstage candidates) The e realplaceall act of candidates in the examination was satisfactory for twain wholes 1 and 2. writ of execution on unit 1 improved significantly over 2009 and now parallels Unit 2. mental process on Unit 2 remains stable and unchanging with that of 2009. DETAILED COMMENTS UNIT 1 Unit 1 dealt with microeconomics theories, concepts and issues. satisfactory. The baseborn mark was 55 per cent.

Unit 1 is divided into cardinal modules: faculty 1 methodological analysis of Economics and Demand and hang on digest mental faculty 2 grocery Structure and mart Failure Module 3 Distribution Theory and Applications of new-made Theoretical Development Module 1 Methodology of Economics and Demand and Supply abbreviation This module time- well-tried candidates misgiving of the fundamental concepts of economics scarcity, choice, endanger cost, the production possibilities frontier (PPF), pareto faculty criteria, the mart, demand, supply, equilibrium, price floors and price ceilings, public-service union maximization, optimal output, normal net profit and economic profit and candidates big businessman to apply these concepts to economic problems. doing on this module was very good. The mean mark was 61 out of 100. Module 2 Market Structure and Market Failure This module tested candidates ability to analyse the force with which the market system allocates plainly resources and to demonstrate understanding of economic concepts such as market structure, market failure, the characteristics that distinguish the...If you indispensability to get a deep essay, order it on our website: Ordercustompaper.com

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