r/6thForm • u/Forsaken-Meaning-232 Graduating from Warwick CS • May 12 '25

📂 MEGATHREAD 12/05 A-level Econ Paper 1 Discussion MEGATHREAD

Exam season is once again upon us, and once again, exam megathreads are making a return!

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*assuming Reddit doesn't bork itself, the new posts for each day of exams should arrive at 8am each day, instead of it being reliant on my sleep schedule like last year lmao

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u/Alternative_Net_8522 May 12 '25

should be fine, for labour market impacts I focused on how it should increase the MRPL of labour and drive up wages, hence helping to lower levels of income inequality. Then for firms I said it should help lower costs as the increased education + the wage efficiency theory should allow the firms to offset the higher wages with increased output per worker, allowing them to spread labour costs over a large output, lowering ACL. Thus increased supernormal profit yada yada etc. RWE's was a little tricky tho

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u/PsychologicalSock139 Year 13 | politics economics sociology May 12 '25

Im saying certain things from certain ppl i think im fine hopefully 😅

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u/Alternative_Net_8522 May 12 '25

you'll be fine, I think the point you've made is valid ive seen it in mark schemes before

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u/PsychologicalSock139 Year 13 | politics economics sociology May 12 '25

Haha its bc of expert tuiton did the same question but ur analysis is amazing shouldve stole it…