Here's what a star student thought of this essay
Quality of writing
The structure here is strong, with the introduction placing in some background knowledge of how inflation is measured and why it is relevant. I like this, as it shows to the examiner immediately that you have a strong understanding. If this essay was a discussion, however, I would normally argue you should keep your introduction short and focussed. Technical terms are used throughout, and the style makes for a convincing argument. This is because each step follows on from the last, showing a clear progression in the argument. I just wanted to see more diagrams!
Level of analysis
The analysis in this essay is strong, showing a strong understanding of concepts. I liked how the essay talks about Ã¢â‚¬Å“in the short run, aggregate supply is inelasticÃ¢â‚¬Â thus causing demand-pull inflation. Being able to incorporate technical terms such as elasticity is a great way to gain marks! The discussion of cost-push inflation is particularly strong, with a reference to the Phillips curve being made. This is beyond the A-Level syllabus and will gain credit for analysis. I wouldÃ¢â‚¬â„¢ve liked to have seen some diagrammatical analysis, as this is the easiest way to demonstrate an understanding of inflation. A simple shift of aggregate demand to show demand pull, and a shift in aggregate supply to show cost push. Whenever I talk about inflation, I always talk about the wage-price spiral, as this shows a strong understanding of mechanisms. This was well explained here!
Response to question
This essay responds to the question superbly, having a strong understanding of the different causes. I particularly liked the awareness that there are theories of inflation, rather than causes which are set in stone. This is a great skill to have in economics, as it shows an understanding of its relevance as a social science well beyond A-Level. Although the essay doesnÃ¢â‚¬â„¢t explicitly ask for policies to reduce inflation, the essay poses a justified judgement to what can be done. I always like when essays go further to incorporate other ideas. This is a great way to revise, as it means you have all the ideas regardless of the question, and can then focus your essay for the exam.