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The 8-Step Approach Step 1: Read the question carefully. Step 2: For a two-part question, look at the mark that each part carries as it indicates the length of the answer expected. Further, consider part (b) before attempting part (a) to prevent any overlap between the answers. Step 3: Pay particular attention to key words as they indicate the content areas on which you are required to focus. Step 4: Pay particular attention to command words as they indicate what you are asked to do. A list of command words commonly used in the GCE A Level Economics paper together with their explanations is provided below. Step 5: Make a note of the relevant economic theories and concepts that come to your mind without paying attention to their degree of relevance. Step 6: Prioritise the relevant economic theories and concepts in accordance with their degree of relevance. Step 7: If the list of relevant economic theories and concepts is too long, consider ways to merge some of them. Otherwise, what you did in Step 6 should help you decide which of them to apply and which of them to ignore. Step 8: Organise the relevant economic theories and concepts that you have decided to apply in such a way that there is a structure to the answer. The answer should comprise an introduction, body and conclusion. It should be about four pages in length, excluding diagrams. Refer to the sample answer below.
Econs quest
You need economic concepts to make your essay less GPish. The problem with economics is that you learn using common sense, but you cannot write in the same manner.
GPish Explanation
During the Great Singapore Sales, consumers buy more Hitachi TVs, and therefore, the firm earns higher revenue.
Economic Explanation
The demand for Hitachi TVs is price elastic due to the availability of close substitutes, such as Sony and Panasonic (such examples are needed). Hence, the decrease in price due to the Great Singapore Sales, will lead to a more than proportionate increase in quantity demanded, such that total revenue increases. Whenever you discuss PED, you must at least have a factor affecting PED (such as the closeness of substitutes, the degree of necessity, the proportion of income spent on the good or tastes and preferences which change only in the long run) to justify as to whether the good is price elastic or inelastic. Use terms such as quantity demanded rather than demand to show that it is a movement along the demand curve. Lastly, include terms such as more or less than proportionate to reflect different PED values. Do you know which PED factors to use for the following? Third degree price discrimination based on market segmentation (micro). PED values for Singapore X and M (macro). J curve effect (macro).
Essay Length
How important is the length of the essay? A good essay must always have quality. Quantity is preferred but it is not a prerequisite. Students often forget that they are graded upon three essays, not one or two. Some students are simply unable to write three or four sides per essay. Forcing them to write the required length will ignite the curse of opportunity cost and they will end up not completing at least part of an essay. If you write something relevant, you will attain marks, but if you write nothing, you are depriving the examiner of the chance to show leniency to you. Always complete all essays. Do not fit the content to the essay, but let your essay fit the content. You must be flexible enough to adjust the content to suit the mark weightage. Questions on the causes of inflation can be worth 10 or even 25 marks (A H2 Economics, Nov 2010). Do you think that fitting the same content for both questions will get you proportionately similar marks? Similarly, if there are five factors affecting demand, and you know that fitting them all into your essay will exceed the time limit, write fewer factors such that your essay will be completed in time. It is better to compromise quantity for quality. Just think, if the exam is length oriented, will there be a 45 minutes time limit per essay?
explain the causes of inflation in Singapore, students also attain mediocre scores by vomiting from lecture notes. At EconsConquest, you will learn how to apply essay writing skills to different types of questions. In essay writing, students virtually bypass the introduction and conclude their synthesis only when time allows. But just like during a blind date, the introduction gives the examiner the very first impression of the students work. How would you feel if the girl or boy whom you are meeting for the first time gives you a sloppy impression? The last thing the examiner reads before grading your essays is your conclusion. Sadly, some students have none. Win the examiner over by having a relatively better introduction and conclusion.
Use relevant and properly-labelled diagrams to help explain concepts and principles. Make reference to the diagrams in your discussion. Otherwise, however nicely drawn the diagrams are, they remain as white elephants. Examiners love to see diagrams where applicable because they are either correctly or incorrectly drawn and students cannot be vague about it or try to bluff their way through. Draw only diagrams which illustrate analysis. Diagrams on which nothing is moving or being compared are usually useless. Use signal words to link sentences and paragraphs. Examples of signal words are: hence, however, otherwise, in contrast, nevertheless, for instance, in conclusion, etc. If these words are used appropriately, they will help in the flow of the essay. On the other hand, if these words are used indiscriminately, the opposite is also true. For example, students are often seen using the word "hence" at the start of a new paragraph. Why is this inappropriate? Avoid enumerating points as firstly, secondly, thirdly that is poor style of writing unless you are looking at a set of related points pertaining to a certain idea. Avoid repetition. It doesnt look good because it gives the examiner the impression that you have nothing much to write and you are desperate!
Dont be too concerned about whether your answer matches the model answer of the examiner. There is no model answer! It is more important for your answer to display evidence that
the question has been understood. relevant economic concepts, principles and theories have been selected and applied to the
situations / problems posed by the questions. your presentation is coherent and organised.
you have reached meaningful, plausible conclusions by a process of logical reasoning from
acceptable assumptions. you have demonstrated your ability to think like an economist.
Example of spamming vs coherence Lead to contradictions vs meaningful delineation of cases Example of unsubstantiated assertions Example of unfocused response (temptation to show off) / selective response Example of repetition Example of inadequate preparation shows up in incoherent and unfocused answers Students should not be under undue pressure
Examples of answers that do not distinguish between crucial effects and spinoff effects My goal isnt just to spend two hours at the tuition centre, going through the run-of-the-mill questions and My goal is to take them through step by step and provide guidance along the way
Example of introduction that does not address the central demand of the question Example of ambitious introduction that does not address the central demand of the question Discouraged Grapple with Lose heart Crisis of confidence