EconoMaldives
Latest Posts

CIE O Level Economics (2281) Teaching Order and Recommended Time Allocation

Written By Ahmed Xahir | Thursday, December 18, 2014

Teaching Order

The Units may be taught in the order indicated above although it would be useful to be aware of the links between different parts of the course, such as the seventh part of Unit 3 as specialisation and the first part of Unit 8 on specialisation at regional and national levels. There is also a very close link between the last part of Unit 6 and the first part of Unit 7.

The Units, however, do not necessarily have to be taught in this order. Each of the Units in the Scheme of Work corresponds to the eight sections of the syllabus but the teaching order and the order in the syllabus could be quite different. For example, the teaching order might be strongly influenced by whether the students had any prior knowledge of economics or by whether they had studied other particular subjects such as business studies or geography. The teaching order might also be influenced by certain events or issues that were receiving a lot of publicity and which would help students to understand the relevance of particular parts of the course. There might also be various cross-circular initiatives at particular times, such as problems of population growth, and in such cases it would be appropriate to adjust the teaching order to take account of such initiatives.

The time allocation is an approximate guide only but will help to give some indication of the time that will need to be allocated to each of the Units.  


Recommended Time Allocation

Unit #
Unit
Proportion
01
Basic economic problem: choice and the allocation of resources
8 %
02
The allocation of resources: how the market works; market failure
20 %
03
The individual as producer, consumer and borrower
10 %
04
The private firm as producer and employer
10 %
05
Role of government in an economy
12 %
06
Economic indicators
15 %
07
Developed and developing economies: trends in production, population and living standards
10 %
08
International aspects
15 %


CIE O Level Economics (2281) Assessment Objectives and their Weight

The syllabus sets out the three assessment objectives in Cambridge O Level Economics.

Assessment Objective
Particulars
1. Knowledge with understanding
Demonstrate your knowledge and understanding of economic:
     facts
     definitions
     concepts
     principles
     theories
     vocabulary and terminology
2. Analysis
You should be able to:
     select data
     organize data
     interpret data

Apply economic knowledge and understanding in:
• writing
• numbers and calculations
• diagrams
• graphs

Use economic data to:
• recognize patterns
• find and show economic relationships
3. Critical evaluation and decision-making
You should be able to:
  distinguish between evidence and opinion
  make reasoned judgements
  communicate judgements accurately and logically
  recognize that economic theory has various limitations and uncertainties
  evaluate the social and environmental implications of particular courses of economic action
  draw conclusions from economic information and critically evaluate economic data
  communicate conclusions in a logical and concise manner


The following table shows the relationship between the assessment objectives and the different examination papers.

Assessment Objective
Paper 1 (%)
Paper 2 (%)
Overall (%)
1. Knowledge with understanding
45 ± 5
20 ± 5
28 ± 5
2. Analysis
55 ± 5
35 ± 5
41 ± 5
3. Critical evaluation and decision-making
00
45 ± 5
31 ± 5

The assessment objectives are weighted to give an indication of their relative importance. They are not intended to provide a precise statement of the number of marks allocated to particular assessment objectives.

CIE O Level Economics (2281) Exam Tips

This section gives you advice to help you do as well as you can. Some of the tips are general advice and some are based on the common mistakes that learners make in exams.

·         Read each question carefully and make sure you know what it is asking, and what you have to do, before you begin your answer. Focus your answer on the question – do not write about something else.

a)      You may answer a question about inflation and write all you know about its causes and consequences, but the actual question asked wanted you to write simply about how it is measured.

b)      You could be told that ‘Low unemployment is one of the aims of government policy. Choose two other macro-economic aims of the government and explain what they mean.’ Some candidates may ignore the word other and explain low unemployment as one of their two aims. No marks would be given for that part of the explanation.

c)      For longer questions, check every so often to make sure that you are answering the question correctly.

·         Look at the command (directive) words in the question. These tell you what we are looking for.

a)      Identify or state means you do not need to write very much – just show the examiner that you know the answer.

b)      Define means you need to show you understand the meaning of an economic term or topic and distinguish means you need to show you understand the differences between two or more terms.

c)      Describe or explain means you need to go into more detail, clearly showing you understand what something is or how something happens – ideally giving a relevant example, or using a diagram, to help your description or explanation.

d)      Analyzediscuss and to what extent require you to go into much more detail and your answer should be longer and include relevant examples and/or diagrams. You will usually be expected to look at something from two contrasting points of view and then come to a reasoned and well supported conclusion. Full sentences and paragraphs should be used – avoid bullet points.

·         Look at the number of marks for each part of a question. This should guide you as to how long you should spend on it. Some questions will only gain you two or three marks while others may be worth as many as ten marks.

·         Wherever possible, use a diagram to aid your explanations and make sure that it is accurately drawn and correctly labelled. Ensure that you refer to it in your answer and demonstrate to the examiner that you know what it shows.

a)      Sometimes questions require you to include a diagram to score full marks. Phrases in the question, such as, ‘with the help of a demand and supply diagram’ will tell you when you have to do this.

·         Use appropriate and relevant economic examples wherever possible to support the points you are making.

a)      Sometimes, a question will require you to include specific examples of something, e.g. ‘Distinguish between direct and indirect taxes with the use of examples.’ If you don’t include any examples of these different types of taxes, you would lose marks.

b)      Some parts of Question 1 in Paper 2 will require you to include an example from the extract provided. You may be asked, for instance, to ‘Identify and explain one example of opportunity cost from the above extract’. If you identify and explain one that was not in the extract provided, you would not gain any marks.

·         Don’t write out the question; this is a waste of time. Just make sure that you write the number of the question, and the sub-part, so that the examiner knows which question you have answered.

·         Manage your time carefully. Don’t spend too long on some questions and leave yourself without enough time to finish the paper. You should also try to leave time to read through your answer and correct any mistakes and/or add anything that you feel is missing.

·         Make sure you know how many questions you have to answer. On Paper 2 you are required to answer:

a)      Question 1 in Section A
b)      and any three from the six questions in Section B

So you should do four questions in total. Each year, however, there are always some candidates who answer more than four questions. There are even some candidates each year who answer all seven questions. This will have been a waste of their exam time as no more than four answers can be accepted.


CIE O Level Economics (2281) Paper Structure

For learners taking the qualification in 2014 or after, you will take two exam papers.

Paper 01: Multiple Choice
·         Paper Duration: 45 Minutes (Previously 60 Minutes)
·         Answer 30 multiple choice questions.
·         Each question has four possible answers, A, B, C and D.
·         Each question is worth one mark.
·         Paper 1 is worth 30% of the total marks of your Cambridge O Level in Economics.

Paper 02: Structured Questions
·         Paper Duration: 02 Hours 15 Minutes (Previously 02 Hours)
·         Answer the compulsory question (Question 1) in Section A.
·         Information and data will be given for the interpretation and analysis of a real economic situation. 
·         Question 1 is worth a total of 30 marks.
·         Answer three questions in Section B from a choice of six.
·         Each question in Section B is worth a total of 20 marks.
·         Paper 2 is worth 70% of the total marks of your Cambridge O Level in Economics.


O/L Unit 8: International aspects

Topic #
Topic
Outcome
8.1
Specialisation
• Describe the benefits of specialisation at regional
levels
• Describe the disadvantages of specialisation at regional levels
• Describe the benefits of specialisation at national levels
• Describe the disadvantages of specialisation at national levels
8.2
The balance of payments
• Describe the structure of the current account of the balance of payments
• Discuss the causes of current account deficits and surpluses
• Discuss the consequences of current account deficits and surpluses
8.3
Exchange rate and its fluctuations
• Define exchange rates
• Discuss the causes of exchange rate fluctuations
• Discuss the consequences of exchange rate fluctuations
8.4
Protection
Describe methods of trade protection
8.5
Free trade and protection
• Discuss the merits of free trade
• Discuss the merits of protection

O/L Unit 7: Developed and developing economies: trends in production, population and living standards

Topic #
Topic
Outcome
7.1
Developed and developing economies
• Describe why some countries are classified as developed
• Describe why some countries are not classified as developed
7.2
Poverty
• Recognise poverty
• Describe the difference between absolute and relative poverty
• Discuss policies to alleviate poverty
7.3
Population growth
Describe the factors that affect population growth:
• birth rate
• death rate
• fertility rate
• net migration
Discuss reasons for the different rates of population growth in different countries
7.4
Population changes
• Analyse the problems of these population changes for
countries at different stages of development
• Analyse the consequences of these population changes for countries at different stages of development
7.5
Changing size and structure of population
• Describe the effects of the changing size of population on an economy
• Describe the effects of the changing structure of population on an economy
7.6
Living standards
• Discuss differences in living standards within countries,
both developed and developing
• Discuss differences in living standards between countries, both developed and developing
 
Ahmed Xahir
Copyright © 2012. EconoMaldives - All Rights Reserved