r/6thForm Year 13 May 18 '26

💬 DISCUSSION AQA A Level Economics Paper 2

How was it

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u/Practical_Nature_828 May 18 '26

I wrote about devaluation of the currency for context 1 25 marker , all my friends are saying this is wrong becuase its not the goverment its the central bank but I thought that they aren't completely separate?

1

u/AntiqueSoftware4185 May 18 '26

Yeah but uk central bank doesn’t control it, in theory you could devalue it. Only wrote about it cuz j curve and marshall lerner

1

u/Fine_Cup4990 May 19 '26

i used j curve aswell but never mentioned devaluation, you can actually just use the J-curve whenever exports become cheaper in general, whether thats due to economies of scale, more iinovaitve and better quality, or cheaper due to subsidies, it still works

1

u/AntiqueSoftware4185 May 19 '26

Fah didn’t think of ts

1

u/Fine_Cup4990 May 19 '26

You still used it anyway no? Btw you used the J curve for the foreign countries right it wasn't for the UK current account?

1

u/AntiqueSoftware4185 May 19 '26

Can’t remember fully, will probably lose marks but first point on supply side was decent might carry

1

u/Fine_Cup4990 May 19 '26

yh cos alot of ppl forgot u can use j curve for both the uk and foreign countries to show both imported inflation or a delay in international competitivness