Going into revision with the constant idea of was very difficult, especially since I did very badly in pathway and any follow up exams after pathways. However, unlike pathways, I had the motivation to do better. I also felt that the amount of revision I did would be sufficient in order to boost my grades from the previous exam.

Revision

I first started to try and learn and memorise the graphs as that was something I struggled understand. I learned the graphs by rewriting all the graphs twice a day for almost 2 weeks. I initially didn’t do a lot of past papers as I didn’t really find them helpful since mark-schemes would only give me the final answer and it would usually not include the method of reaching the answer. I tried watching videos which would help me understand but while watching the videos, however, I did not take down any notes or answer the questions, I just tried to process the video. I also reviewed my notes in my book but I found out closer to the exam that my notes are inconsistent.

What went well

Most of the calculations on paper 3 were answered correctly with only a few questions incorrect. I suppose I manage to accurately explain most ideas such as market failure and demerit goods as well as adding the relevant graph to the explained idea

What to improve on

I need to constantly be reminded of the question being asked as I tend to deviate from the question and write something completely irrelevant. I also need to actually do macroeconomic questions. I need to always explain the idea of why something happens e.g. why the supply curve shifts left. I need to be able to define theories and identify determinants. I need to keep track of the time as I seem to the time writing down something irrelevant when I could be using it to answer more questions

Topic to revise

AD/AS model
Unemployment
Taxes
PED
Costs, Revenue
Theory of the Firm

Thanks for joining me!

Good company in a journey makes the way seem shorter. — Izaak Walton