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Guys we can discuss the paper here. This is the toughest Economics Paper 1 I have ever seen. Don't know how they will mark. If there will be any scaling.
I personally found some parts in p1 not doable at all ,.unheard theories ..
Yes I left 4 questions outright.. In the question of Information Asymmetry, I superimposed Welfare function to show how markets failed.. Really keeping fingers crossed.
Paper one kya thha yaar. Eclectic FDI and what not. Kisi ko aata thha? FDI, Krugman?
No clue.. 40 marks I just left.. Information Asymmetry wala b I used Welfare Economics to define putting Perato Non Optimal condition. 30% of paper I had not heard..
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Hope this thread throws some light..
What about you? How did u do?