HASS – Economics Level 3
September 2017 Moderation Meetings for Economics Level 3 – North and South
Each Provider is asked to bring sufficient copies to share with colleagues of a range of anonymised samples. Samples ideally should be borderline (C/t, B/C or A/B) where relevant please consult with other Economics teachers from your school/college in order to do so.
There will be time in the meeting to assess the samples but it will be useful for each representative from your school/college to have read them beforehand.
Please submit your results here prior to moderation day:
Samples and support materials:
Note: The Samples are to the two questions:
A: Explain the term “opportunity cost”. Give an example of opportunity cost faced by business.
B: What is meant by the term Aggregate Demand? What are its’ components? Briefly state how the RBA can alter aggregate demand.
You will be assessing the samples against:
- Criterion 1.
Please also ensure you bring a copy of the Course Document.