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Monday, 14 February 2011

Unit 4: Half Term Homework!

To all Y13 Economists, as mentioned in the lesson today, here is the essay I want you to complete for homework....

a) In 2000/01 the UK's publc expenditure was 37% of GDP. This is forecast to increase to over 42% of GDP by 2007/8. Examine the likely economc imlications, apart from increased taxation, of this trend.

(20 marks)

b) Assess the economic effects of a significant increase in taxation on the UK economy.

(30 Marks)

For an A* you will need;

make 3 points and 2 evaluative comments for part a)

make 4 points and 3 evaluative comments for part b)

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