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Paper 3 (HL only: 45 marks weighed at 35% of the course, 2 hours 15 minutes) - Candidates must answer three extended response questions. There are two questions set for each section. Each option has a separate examination paper. External assessment accounts for 75% of the course grade at SL and 80% at HL.
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
the scientific status [9] and expanding domain of economics [10] issues critical to the practice and progress of econometrics [11] the balance of empirical and philosophical approaches [12] the role of experiments in economics [13] the role of mathematics and mathematical economics in economics [14] the writing [15] and rhetoric of economics [16]
Imperial typically requires a grade 2 in STEP 2 and/or STEP 3. ... Biology, Chemistry, Economics, English Literature ... The paper comprises 12 questions: 8 pure, 2 ...
^β Developed in the context of the Journal of Economic Literature, the JEL classification system became a standard method of classifying economics literature, including journal articles, books, collective volume articles, dissertations, working papers in economics, book reviews from the Journal of Economic Literature, and EconLit. [3]
Equity, or economic equality, is the construct, concept or idea of fairness in economics and justice in the distribution of wealth, resources, and taxation within a society. . Equity is closely tied to taxation policies, welfare economics, and the discussions of public finance, influencing how resources are allocated among different segments of the populati
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In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). [1] In general theory and in for example the U.S. National Income and Product Accounts , each unit of output corresponds to a unit of income.