i do creative, belonging then comprehension
creative takes 30mins (~800 words) Belonging 35mins (~1000 words) and then i have 55 minutes for comprehension
Depends, During my English trial i slept for like 5hrs a night, because i was so behind on memorising, in the end i remembered it perfectly and felt very focused during the exams, so i was able to adapt to Essay Q and i got a nice mark =D.
i think you are set, probably in a lot better situation than most people ( i have English and Economics in the first week and i have written all my blueprints for English, all the possible essays for Eco, working on remembering them now, have remembered Paper 1 not 2 yet hahah)
Yeh sounds good,
Structural change is the process of change in the pattern of production in an economy over time, since microeconomic reform is associated with supply-side economics (factors of production) they are directly related. Then you can structure your response like what you said e.g...
^ You are almost correct, the only thing wrong is the bit you said at the end
Correct: fiscal policy is slower to implement but has a faster "working time" (more immediate impact on the economy). Monetary policy is faster to implement but has an associated time lag of 6-18 months to experience...
Oo just read a section of the Dixon txtbook that says IMF (another influential and important organisation) "The major criticism of the IMF is that the 'structural adjustment' policies it advocates serve the interests of rich countries."
I cant remember anymore lol which section or textbook (ill try find it for you)
Just some food for thought though: High income country's own TNCs and already have the expertise, entrepreneurial culture and skills, availability of capital and finance to exploit the process of globalisation. The...
K, the philips curve is a inversely proportional relationship between inflation and unemployment. Really self-explanatory as inflation is caused by economic growth (demand-pull inflation) and during times of high economic growth their is low unemployment.
The possible production curve is a...
i am pretty sure they dont ask analyse/examine Q on BOP, even if they did, the focus would be on CA
The most you could say is explain the relationship between CA and C and F account
^ the guy up here said everything needed:
But here is how i understand it, as i didnt get it until a friend explained it to me
The mutiplier effect is defined as the process where one individual's consumption becomes part of another individuals income. This second individual then re-spends...