Econ 3 Exam Question

With the big focus on bankers bonuses and the role of shareholders over the last few years it would be worth looking at the followig question from June 2008:

2 (a) Economists often assume that firms have only one objective, to maximise profit.
Explain other objectives firms may have other than profit maximisation. (15 marks)
(b) Evaluate the view that separation of from control has an adverse effect on
firms’ conduct and performance. (25 marks)

Good BBC link

High Pay Commission

A2 Revision sessions - Room 1

Please return all textbooks by 20th June.

Thursday 24th May - Labour Market extension 3.15pm

Mon 28th May  - Period 1 and 2 drop in revision clinic to go over past papers, key theory and any other concerns
Tuesday 29th May Period 4 and 5 revision clinic
Weds 30th May Revision Session ECON 3 & ECON 4 basics
Thursday 31st May Period 4 revision clinic

Monday 11 June - Period 1 and 2 Econ 3 Final Revision session
Tuesday 12 June 12.20 ECON 3 EXAM pre-talk

Wednesday 13 June Period 4 and 5 ECON 4 revision
Thursday 14 June period 5 revision clinic

Tuesday 19 June Period 4 and 5 ECON 4 Final revision session
Wednesay 20 June 8.30am ECON 4 EXAM pre talk

PLEASE RETURN ALL TEXTBOOKS by 20 June 

ECON 3 and 4 EU Question

Worth looking at Robert Preston's Great Euro Crash on BBC iPlayer: clik here
For more than two years Europe has teetered on the edge of an economic precipice - one of the factors that has pushed Britain back into recession. How exactly did Europe get itself into the current financial mess? Talking to historians, economists and politicians, BBC business editor Robert Peston takes a long view of...

Also Go through AQA old papers Unit 4 Working as an Economist for ECON 3 and ECON 4 materials. click here

Econ 1 revision blog on Income Elasticity of Demand

Click here for Tutor2u resource

Greek Euro Exit - topical AS/A2 exam material

For that added insight at the end of your ECON 2 or ECON 4 paper you can always say that the facts have changed. The possibility of Greece leaving the Euro may affect the UK - see Robert Peston's latest clip, click here

Revision Sessions

Wednesday  16 May - period 4 A2 and period 5 AS, both in Library
Thursday 17 May Period 1 AS Economics drop in clinic
Friday 18 May Econ 1 optional pre-talk Room 1 12.30
Monday 21 May - Period 4 AS drop in clinic
Tuesday Periods 1 and 2 AS revision clinic
Wednesday 23 May period 4 A2 and period 5 AS, both in Library
Thursday 24 May period 2 AS clinic
Friday 25 May 8.30am optional pre-talk Econ 2 Room 1

email any queries, past paper attempts to: tgray@cherwell.oxon.sch.uk

UK's trade

Great graphic and get you thinking:
Majority of our exports are now with EU not USA, so its possibly when Europe sneezes the UK catches a cold rather than the USA.
However is the UK de-coupling from the USA and EU - look at the growth in exports to Brazil and India.