Production Possibility Frontiers (PPFs)

    OCR
    GCSE
    0
    Objectives
    4
    Exam Tips
    3
    Pitfalls
    0
    Key Terms
    4
    Mark Points

    What You Need to Demonstrate

    Key skills and knowledge for this topic

    • Award marks for accurate calculation of opportunity cost defined as the 'next best alternative foregone', specifically quantifying the loss (e.g., '50 units of wheat').
    • Credit clear distinction: points inside the curve represent inefficiency/unemployment of resources, while points on the curve represent full productive efficiency.
    • Responses must link outward shifts directly to specific improvements in Factors of Production (e.g., 'technological advancement in robotics' or 'increased labour force migration').
    • For 'Evaluate' questions, candidates must assess the short-term trade-offs versus long-term benefits of shifting production from consumer to capital goods.

    Marking Points

    Key points examiners look for in your answers

    • Award marks for accurate calculation of opportunity cost defined as the 'next best alternative foregone', specifically quantifying the loss (e.g., '50 units of wheat').
    • Credit clear distinction: points inside the curve represent inefficiency/unemployment of resources, while points on the curve represent full productive efficiency.
    • Responses must link outward shifts directly to specific improvements in Factors of Production (e.g., 'technological advancement in robotics' or 'increased labour force migration').
    • For 'Evaluate' questions, candidates must assess the short-term trade-offs versus long-term benefits of shifting production from consumer to capital goods.

    Examiner Tips

    Expert advice for maximising your marks

    • 💡When calculating opportunity cost from a table/graph, always subtract the new quantity from the original quantity to find the difference.
    • 💡In 6-mark 'Analyse' questions, use the 'Chain of Reasoning' approach: Cause -> Effect -> Consequence on the economy.
    • 💡Use a ruler to trace intercepts on the axes precisely; examiners penalize inaccurate readings even if the method is correct.
    • 💡Memorize the acronym CELL (Capital, Enterprise, Land, Labour) to generate specific reasons for PPF shifts.

    Common Mistakes

    Pitfalls to avoid in your exam answers

    • Labelling axes with 'Price' and 'Quantity' (Supply/Demand convention) instead of 'Good A' and 'Good B' or 'Capital/Consumer Goods'.
    • Confusing a movement along the PPF (reallocation) with a shift of the PPF (change in productive capacity).
    • Stating that points outside the PPF are 'impossible' without qualifying 'at the current level of resources and technology'.

    Likely Command Words

    How questions on this topic are typically asked

    Calculate
    Explain
    Analyse
    Evaluate
    State
    Draw

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