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New Economics Marking Scheme for Market Structures?????

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  • 15-05-2016 11:35am
    #1
    Edrees98
    Registered Users Posts: 142 ✭✭


    I saw somewhere today that at the "Economics Teachers Convention" they changed the marking scheme for market structures ie SPECS doesn't suffice anymore. Is this true and if so could you tell me what the new marking scheme requires?
    Thanks.


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    #2
    spurious
    Moderators, Category Moderators, Education Moderators Posts: 27,121 CMod ✭✭✭✭spurious


    The marking scheme for this year's exams will not be made available to the markers until the date of the conference in late June.

    I'm not seeing any website for a National Association of Economics teachers, but perhaps ask the teacher in your school has there been changes?


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    #3
    luftmensch
    Closed Accounts Posts: 140 ✭✭luftmensch


    What is SPECS??


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    #4
    Bored_lad
    Registered Users Posts: 920 ✭✭✭Bored_lad


    luftmensch wrote: »
    What is SPECS??

    SNP, Price/Output, Equilibrium, Costs, Scare Resources.


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    #5
    luftmensch
    Closed Accounts Posts: 140 ✭✭luftmensch


    First I'm hearing of any changes. Are you sure they will be implemented this year, or next? Seems like very short notice. :/


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    #6
    spurious
    Moderators, Category Moderators, Education Moderators Posts: 27,121 CMod ✭✭✭✭spurious


    A change like this would have to be communicated to schools by circular letter. I don't see any in the archive on examinations.ie.


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    #7
    aon1998
    Registered Users Posts: 99 ✭✭aon1998


    I was told by a teacher at the Institute of Education (I'm only naming the school because it's part of their job to be on top of these sort of things) that SPECS won't suffice BUT I was at a revision course run by a chief advising examiner (there's only 2) and he never said anything about it being wrong, in fact SPECS was in his notes.


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    #8
    spurious
    Moderators, Category Moderators, Education Moderators Posts: 27,121 CMod ✭✭✭✭spurious


    I would listen to the Chief Advising Examiner over a business trying to get customers to come to them.


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    #9
    randomlad727
    Registered Users Posts: 29 ✭randomlad727


    Has anyone got an update on this? Has it been verified? If you are asked to explain the short/ long run equilibrium position of a firm in a certain market structure, what else could you say besides SPECS?


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    #10
    DA7800
    Registered Users Posts: 123 ✭✭DA7800


    I asked my teacher today, who goes to all of the in-services and teacher conferences about economics. She said that she heard nothing about a change, and assured me that as long as a graph is well explained with clear reference to each point they cannot and will not mark anybody down. All they want to see is understanding, regardless of the system somebody uses.


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