Level 5 Exemplar & Comments

Comments

The candidate:

provides precise definitions and explanations of economics terms, and applies economic concepts accurately and comprehensively, such as Question 1.

integrates economic terms, concepts, relationships and theory comprehensively and coherently, such as Questions 2, 5 and 9.

provides a logically consistent and comprehensive analysis of a wide range of economic issues, government policies and their impacts, such as Questions 3, 4 and 11(a).

demonstrates informed judgment and a comprehensive evaluation of arguments, proposals and policies from a wide range of perspectives, such as Questions 10(c), 12(a)(ii), (b) and 14(e), (f).

applies mathematical and graphical tools accurately and comprehensively in economic analysis, such as calculations in Questions 6, 7, 8 and 10(a), and diagrams in Questions 10(b), 11(b), (c), 12(a)(i) and 14(a), (b), (c), (d).

uses precise economic vocabulary and illustrative examples extensively in a well-structured manner in the exposition of economic issues and government policies in communication with people, such as Question12.