kleung打字機文字Level 4 exemplar with comments

Comments The candidate: z provides correct definitions and explanations of economic terms and applies economic concepts in a

variety of cases, such as with entrepreneurship in Question 2 (a), market structure in Question 2(c), direct tax in Question 6, and monetary base in Question 12 (a).

z integrates economic terms, concepts, relationships and theory in a variety of cases, such as with opportunity cost in Question 1(a), elasticity and tax burden in Question 9 (a), the stock price in Question 10 (e) on and on monopoly pricing in Question 13 (a).

z displays a logically consistent analysis of economic issues, government policies and their impacts in a variety of cases, such as with such as by successfully analyzing the impact of inflation in Question 5 (c), the impact of falling birth rate and rising old dependency ratio in Question 10 (ab).

z demonstrates informed judgment and evaluation of arguments, proposals and policies from several perspectives, such as with efficiency in Question 3 and the policies in Question 7.

z applies mathematical and graphical tools correctly in economic analysis, such as with the demand-supply diagram in Question 9(a) and Question 11(a), the AS-AD diagram in Question 12 (c), the diagram for monopolist in Question 13 (a), and the calculations in Question 5(a) and Question 8.

z uses correct economic vocabulary and illustrative examples in a structured manner in the exposition of economic issues and government policies in communication with people, such as with the correct use of economic vocabulary in the paper 2 as a whole.