As ever, there are loads of sources that you can use to analyse for use in essays. PEEL the answer (each paragraph makes one Point, using Examples with Evidence, offering Evaluation and Linking to the question).
Below are 5 links that are relatively objective. Year 13 - we will be looking at these today and in the weeks lessons, so I suggest you read them....
BBC website: Budget 2012 at a glance, Farewell 50p tax rate, and Over 65-s tax-free income freeze
The Guardian Budget 2012: welfare cuts, tax cuts too, but retreat on child benefit and for the visual learners a nice graphic version: Tax and spending plans visualised
This year’s Budget offers valuable material for many parts of both AS and A2 papers - obviously fiscal policy for both AS and A2, with the opportunity to pick out measures designed to influence the supply side and the demand side of the economy, and evaluate the likely impact on macroeconomic performance. But also for AS micro there are plenty of examples of government intervention aimed at market failures, and for A2 micro there is a strong focus on redistribution of income -
Question for discussion: To what extent to you agree with Ed Miliband’s accusation that this is a ‘Budget for millionaires’, or that it will benefit the young at the expense of the pensioners?
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