omer uner
Classification: Unit 3
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Crash report
Economics WEC13/01 October 2023
1. Population ageing impacts labour supply, potential wage increases, unemployment rate effects, and immigration patterns in developed economies.
2. Market contestability influenced by legal and regulatory barriers, patent protection, merger controls, and entry costs.
3. Chinese electric vehicle market dynamics: government policies on CO2 emissions, tax incentives, charging infrastructure expansion, and fuel price effects driving EV sales growth.
4. Tesla’s market strategy in China: local manufacturing, price adjustments, competition response, and adaptation to government policies.
5. Business behaviour examination structure: compulsory multiple-choice and data response questions, plus extended essay questions covering market competition, firm behaviour, and policy impact analysis.
6. Application of microeconomic principles to real-world markets including supply-demand analysis, market structures, pricing strategies, and externalities within the automotive and EV sectors.
2. Market contestability influenced by legal and regulatory barriers, patent protection, merger controls, and entry costs.
3. Chinese electric vehicle market dynamics: government policies on CO2 emissions, tax incentives, charging infrastructure expansion, and fuel price effects driving EV sales growth.
4. Tesla’s market strategy in China: local manufacturing, price adjustments, competition response, and adaptation to government policies.
5. Business behaviour examination structure: compulsory multiple-choice and data response questions, plus extended essay questions covering market competition, firm behaviour, and policy impact analysis.
6. Application of microeconomic principles to real-world markets including supply-demand analysis, market structures, pricing strategies, and externalities within the automotive and EV sectors.