AO1
35% |
Show knowledge and understanding | I can explain theories, models, characteristics, advantages and disadvantages of economic concepts and issues. |
AO2
35% |
Apply knowledge and understanding | I can use the data and information from the case study to explain economic concepts.
I can use case study data to do calculations (remembering formulae). |
AO3
30% |
Analyse and Evaluate | I can give a well-developed and logical chain of reasoning by developing causes and consequences from a point.
I can make a judgement and draw conclusions from economic evidence. |
Grade | Command Words + AO’s | Knowledge and Skills |
W1 | Select AO1 |
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W2 | Define AO1 |
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W3 | Define AO1 |
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1 | Multiple Choice Questions AO1
Define key terms AO1 “Select one answer” “Define the key term” |
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2 | State AO1
Calculate AO2 “State two causes/types/costs” “State two government objectives” “Calculate the unemployment rate” |
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3 | Draw AO2
Explain AO1 – limited “Draw the effects of an increase in demand” “Explain one benefit/reason why/ cause/ effect/ drawback” |
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4 | Explain AO1 – secure
“Explain why a rise in GDP increases the standard of living” “Using figure X, explain the relationship between the exchange rate and balance of payments” |
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5 | Explain AO2
“Using Figure X, explain two ways that low interest rates have affected the level of business investment in the UK economy” |
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6 | Analyse AO2 + AO3 – limited
“Analyse the likely consequences/ impact of/ why” |
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7 | Analyse AO2 + AO3 – secure
“Analyse the impact of the discount supermarkets entering the UK supermarket industry” |
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8 | Assess AO2 + AO3
“Assess the impact/decision” “Assess whether the Government should reduce the budget deficit” |
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9 | Evaluate AO2 + AO3
“Justify your view/ discuss whether” “Which government policy is most effective at addressing regional inequalities in the UK? Justify your view” |
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