How difficult did you find the Eco exam? (1 Viewer)

[APABLD]

Rate out of 10. Comment below.

 

[CommunityFan]

It was easier than most years

 

[school4nerds]

was happy with the questions

 

[will_]

it was easier compared to the past papers from all the years since 2000 is what im hearing

 

[cookeemonstah]

almost as easy as the 2006 paper

 

[Rawf]

2. Too easy, no twists, no definitions.
The essay questions - too easy as well! I did Q28 but I sort of ran out of time so I couldn't talk about external stability and environment I think I'm limited to 16/20 for that.

 

[CommunityFan]

2. Too easy, no twists, no definitions.
The essay questions - too easy as well! I did Q28 but I sort of ran out of time so I couldn't talk about external stability and environment I think I'm limited to 16/20 for that.

woww I thought I'm the only guy who have time management problem with this question xD I reckoned the essay was too broad

 

[Kieran95]

woww I thought I'm the only guy who have time management problem with this question xD I reckoned the essay was too broad

Spot on, far too broad

 

[choiyokbao]

pretty easy compared to recent years, especially the 2010 paper

 

[OneDirection13]

I really liked the multiple choice and short answers section Dont start on extended ahaha..could of done better if i refreshed BOP and policies rather than labour market policies and environmental sustainability

 

[RishBonjour]

2. Too easy, no twists, no definitions.
The essay questions - too easy as well! I did Q28 but I sort of ran out of time so I couldn't talk about external stability and environment I think I'm limited to 16/20 for that.

My teacher got pissed because I didin't talk about envrionment (had some quality shiz on it)

Did eco growth, unemployment, inflation, extern stability and income inequality
don't know How i flushed out 14 pages (didn't even exceed 10 pages in trials)


forgot to talk about political constraints though and didn't have time to do income inequality/ unemployment conflict. so yeah probably lose 3-4 marks.



EDIT:
I would fkn lol if half the people saying "its pretty easy" don't get a band 6.

It wasn't "piss easy" it was easier than other tests. Was expecting a challenging one after last year's test tbh

 

[paddydbarry]

14 pages for 1 essay is way to much.

800 - 1000 words is all that is needed to achieve a 20/20 in ANY economics essay.

4 - 5 pages.

 

[Rawf]

woww I thought I'm the only guy who have time management problem with this question xD I reckoned the essay was too broad

Definitely. They should have just stated 2 eco objectives... rather than all 6. I had 55 mins for each essay - i spent 1hr on the first one which left me with 50 mins for the last one.
But eh, to have a good analysis on all 6 objectives would require much more paper than what they provided (I went onto a spare booklet) and much more than 50 minutes time lmao

 

[paddydbarry]

Im pretty sure you were not required to talk about all objectives.


How successful is the australian governments policies in achieving objectives(you could pick one or two) that how i took it anyway.

 

[ismeta]

Ah, I talked about the six objectives....I had an hour left for that, so I churned out six and a half pages, more than my usual four - and I didn't even flesh out environmental and inequality properly Hand dead. Wish the exam was a bit harder though!

 

[Rawf]

Im pretty sure you were not required to talk about all objectives.


How successful is the australian governments policies in achieving objectives(you could pick one or two) that how i took it anyway.

err. I think you should've addressed all 6 objectives to get full marks for the exam.
The way I structured mine was I talked about macro and micro policies EG:
Starts with fiscal policy - link it to some of the goals say its successful, then how it dampens other ones
Monetary - same thing
Micro policy - same thing

Conclusion - achieve some goals successfully, conflicting objectives etc etc

But I forgot to link them to enviro and external stability. However I think enviro needed a separate paragraph of its own (unless you slot it under fiscal or micro) when talking about like market based, putting a tax on externalities, complete ban etc. I was gonna slot it in at the end but no time

 

[gorab]

Q28 was way too broad, too much to talk about, too high chance of missing some important parts so I just did the case study lol
I wonder how they'll mark it, such an easy question...

 

[Ich Mag Sechs]

err. I think you should've addressed all 6 objectives to get full marks for the exam.
The way I structured mine was I talked about macro and micro policies EG:
Starts with fiscal policy - link it to some of the goals say its successful, then how it dampens other ones
Monetary - same thing
Micro policy - same thing

Conclusion - achieve some goals successfully, conflicting objectives etc etc

But I forgot to link them to enviro and external stability. However I think enviro needed a separate paragraph of its own (unless you slot it under fiscal or micro) when talking about like market based, putting a tax on externalities, complete ban etc. I was gonna slot it in at the end but no time

Were you allowed to talk about monetary policy? I thought the question was asking specifically for the government policies and well, the RBA isn't directly controlled by the government. I wasn't sure whether or not to discuss it so I just left it out, idk.

 

[paddydbarry]

err. I think you should've addressed all 6 objectives to get full marks for the exam.
The way I structured mine was I talked about macro and micro policies EG:
Starts with fiscal policy - link it to some of the goals say its successful, then how it dampens other ones
Monetary - same thing
Micro policy - same thing

Conclusion - achieve some goals successfully, conflicting objectives etc etc

But I forgot to link them to enviro and external stability. However I think enviro needed a separate paragraph of its own (unless you slot it under fiscal or micro) when talking about like market based, putting a tax on externalities, complete ban etc. I was gonna slot it in at the end but no time

I did similar, i talked about growth, employment, inflation, income equality, external accounts stability, micro for efficiency in labour markets and envio.

I just think you could have specilised say on stability, income equality and employment and still achieved full marks. or close too

 

[Rawf]

Were you allowed to talk about monetary policy? I thought the question was asking specifically for the government policies and well, the RBA isn't directly controlled by the government. I wasn't sure whether or not to discuss it so I just left it out, idk.

Erm, I think it should be considered a 'government policy'. The RBA acts on behalf of the government.