Economics · Paper 2
Q3 — 12 marks
Evaluate whether a government should subsidise renewable energy producers.
Subsidies lower production costs. Benefits: more renewable energy, less pollution, more jobs.
4/12 — knowledge only. No evaluation, no judgement. Capped.
Subsidies cut producers' costs, raising output (benefit) — but they strain government budgets and risk firm dependency (cost). However, the case depends on the country's fiscal position; where climate targets are binding, the long-run benefit likely outweighs the cost (judgement).
11/12 — chain of analysis + weighted conclusion.
Same knowledge. Seven marks apart. That's technique.