Saturday, 11 February 2017

Multiple Choice Tips

In this page you will get some examples and ways to answer the three main types of questions  from Multiple choice, data and long marker questions. I will go through some of the tips and techniques you can use to ensure you get those great high marks!

Multiple Choice

 Multiple choice questions are placed in the exams to test your micro and macro economic knowledge. It tests how fast you can answer and question and with what accuracy and whether you are rationally thinking about the answers . It also tests your quantitative skills such as simple arithmetic, reading of graphs and diagrams as well as using equations. Below are the types of questions that the examiners can ask you.

Definition questions- Make sure that you are comfortable with all the definitions and that you know them at a quick pace. Definitions are the key to all types of questions in your economics paper and must be learnt and applied in order to receive marks.

 Calculation questions -  Calculations are other tricky questions that can be asked. Make sure that you learn them accurately as the answers in the multiple choice are very similar. Here are some key calculation formulas that need to be know for the micro paper / synoptic paper

Diagram Interpretation questions - These questions would want you to interpret what a diagram would be doing; for example what would be the impact of expansionary aggregate demand and expansionary LRAS? (this would be shown on a diagram too otherwise I strongly recommend that you draw one yourself).
Here is an example of how you would go about answering one of these questions!

Data Interpretation questions - These questions involve you using some piece of data in order to prove which answer is correct or to figure out the correct answer. Here is an example of how you would tackle this sort of question (ANSWER C). Also it is key to know your formulas!

Cause and Effect - Cause and effect questions just means that you have to identify the cause or effect of a situation. The previous tips should help you answer this question anyways. So do not forget to know your formulas, definitions as well as how to single out one answer!

Try out some multiple choice questions in the Q & A page and see how much you get out of 24 in 25 minutes!