- Get the economic model right.
- Get the economic definitions right too.
- Remember to draw the relevant diagrams, with the correct labels and intersection points. You must also elaborate on the diagrams.
- What are the assumptions? Is it a short-run or long-run concept?
- Did you remember to elaborate with updated, real-world examples? Like protectionism or monetary policy?
- If a case-study is provided, you must relate the economic concepts with the case-study.
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