How to Revise OCN NI Level 2 Award in Trade Unions and the Global Economy — Open College Network Northern Ireland Vocationally-Related Qualification Business
1. Understand the impact of neoliberalism and economic globalisation on trade unions2. Understand how governments and supranational bodies manage the economy.3. Be aware of alternative approaches to economic development.
Examiner Tips for OCN NI Level 2 Award in Trade Unions and the Global Economy
- Use examples of union responses to globalisation.
- Understand key terms like deregulation and privatisation.
- Consider both positive and negative impacts.
- Use timelines to track key events in capitalist development.
- Link theoretical concepts to real-world examples.
- Understand the difference between neoliberalism and classical liberalism.
Common Mistakes in OCN NI Level 2 Award in Trade Unions and the Global Economy
- Confusing globalisation with international trade only.
- Overlooking the role of multinational corporations.
- Assuming all unions oppose globalisation.
- Confusing capitalism with other economic systems like socialism.
- Overlooking the role of technology in globalisation.
- Failing to provide specific historical examples.
Key Marking Points
- Explains impact of globalisation on union membership.
- Describes neoliberal policies and their effects.
- Identifies roles of supranational bodies like IMF.
- Compares alternative economic models to neoliberalism.
- Explain the origins and early development of capitalism.
- Describe how capitalism evolved in the 20th and 21st centuries.
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