AQA A-Level Economics | Model Essays | 25 Marks | Checklist
Predicted Essays for AQA A Level Economics
Year 12 Micro
- Why government intervention is necessary for XYZ? (typical market failures like housing, pollution, tobacco, alcohol, vaccines, and education)
- Why is it better to leave XYZ to the free market?
- What is the best government intervention for XYZ? (taxes/ subsidies/ min price/ max price/ provision of information/ regulation./ property rights)
Year 13 Micro
- Arguments for and against each market structure? (perfect, oligopoly, monopoly, natural monopoly, monopolistic competition; weigh them up using productive, allocative, dynamic efficiency, and contestability)
- Should gov intervene to reduce wealth or income inequality or wage differentials or poverty?
- Best policies to reduce inequality or poverty? (encourage trade union membership, education and training, minimum wage, progressive taxes and benefits)
- Privatisation vs nationalisation?
- Price discrimination?
- Is profit maximisation the main objective/ divorce of ownership and control
Year 12 Macro
- Any possible conflicts in the four macroeconomic objectives?
- The best policies to achieve those objectives?
- Should government reduce the current account deficit?
Year 13 Macro
- Sources of financial market failure?
- Methods for financial market regulation?
- Fixed exchange rates vs floating exchange rates?
- Protectionism (tariffs/ EU membership) is good or bad?
- Globalisation, free trade and MNCs being good or bad?
- Best ways to promote economic development?