HSC short answer and extended response predictions. (1 Viewer)

[Zak Ambrose]

okay. so lets try to make some predictions.

now the exam is basically finished after the budget and around easter.
so i'm thinking around that time:

• the budget was expansionary and went into deficit
• maintaining economic growth was very important
• there was a forecast of rising unemployment
• the stance of monetary policy had changed dramatically
• i cant remember what was happening with the exchange rate
• the global economy was fucked apart from some of the NIE's [china, india etc]
• i think there was that business about bonds factories moving offshore
• inflation was sweet again
• nobody cared of the dist. of Y
• i cant remember if the ETS and all the enviro stuff was topical at that time

will post more soon.

 

[FFC]

Exchange rate:

Hovered about 63-66 cents US during February and early March, then appreciated to mid-70's by middle of May, and then onto 80c from June 1 onwards.

As for TWI, similar story, starting about 53-55 through Feb and early March, appreciated to about 62 by mid-late May, and then slow appreciation since (hovering mostly between 63 and 67).

Other points to consider, Terms of Trade, Balance of Payments, levels of foreign debt....

 

[random-1005]

okay. so lets try to make some predictions.

now the exam is basically finished after the budget and around easter.
so i'm thinking around that time:

• the budget was expansionary and went into deficit
• maintaining economic growth was very important
• there was a forecast of rising unemployment
• the stance of monetary policy had changed dramatically
• i cant remember what was happening with the exchange rate
• the global economy was fucked apart from some of the NIE's [china, india etc]
• i think there was that business about bonds factories moving offshore
• inflation was sweet again
• nobody cared of the dist. of Y
• i cant remember if the ETS and all the enviro stuff was topical at that time

will post more soon.

anything is possible, but there will definately be a fiscal essay (possibly tied with external stability), if there isnt i will be disappointed.

also hoping for the case study as one of the other two essays.

 

[Zak Ambrose]

i just realised this thread should be merged to this one.
http://community.boredofstudies.org/22/economics/220169/hsc-2009-predictions.html

could a mod fix my shit please? cheers.

i think there could be a s/a on the multiplier [those lovely handouts which paid for my ticket to norway] and how it affects AD etc.