_______________________
Name:
_
1.1.1 Economic
methodology _______________________
Class:
_
_______________________
Date:
_
Time: 60 min.
Marks: 48 marks
Comments:
Page 1 of 11
, Q1.
Agricultural production can be divided into genetically modified (GM) food and non-GM
food.
Draw a production possibility diagram showing the production of genetically modified (GM)
food and non-GM food and, on the same diagram, draw a new production possibility
curve to show the effect of increased productivity in GM food but no change in non-GM
food.
[4 marks]
Q2.
An economist puts forward a hypothesis which is assessed against evidence. As a result
of this, the hypothesis is accepted, rejected or modified.
This is an example of
A how normative but not positive economic
statements are tested.
B how value judgements influence economic
decision making.
C the methodology used to test economic theories.
Page 2 of 11
Name:
_
1.1.1 Economic
methodology _______________________
Class:
_
_______________________
Date:
_
Time: 60 min.
Marks: 48 marks
Comments:
Page 1 of 11
, Q1.
Agricultural production can be divided into genetically modified (GM) food and non-GM
food.
Draw a production possibility diagram showing the production of genetically modified (GM)
food and non-GM food and, on the same diagram, draw a new production possibility
curve to show the effect of increased productivity in GM food but no change in non-GM
food.
[4 marks]
Q2.
An economist puts forward a hypothesis which is assessed against evidence. As a result
of this, the hypothesis is accepted, rejected or modified.
This is an example of
A how normative but not positive economic
statements are tested.
B how value judgements influence economic
decision making.
C the methodology used to test economic theories.
Page 2 of 11
