General Thoughts: Economics (2 Viewers)

[coz707]

Overall, I found that exam tough.

Multiple Choice - I just checked the paper and I'm fairly sure I got 18. Which is decent. I misunderstood what "implementation" meant so that annoyed me. But pretty standard questions IMO.

Short Answers - I found these especially hard. The deficit financing was especially difficult, I'd be happy if I got above 34 in that.

Essay 1 - I did Economic Growth. I got 7 pages out by splitting it up into Service, Manufacturing and Mining. Hopefully the markers liked my comments regarding end of mining boom. Hopefully 17

Essay 2 - I did external stability. It was pretty weird because I said the RBA could do this, that and this but then at the end I said "but they haven't done this recently because it's not one of the goals" Hopefully 17

Tough exam, if I can get 85+ I'd be happy. And seeing as a lot found it hard (or at least harder than last year), I should manage a Band 6 with alignment.

 

[Axio]

Was the case study only asked in that environmental sustainability 3 marker?

 

[Billion-Air]

Why isn't question 10 in Multiple Choice "D" ?
If the TOT worsens doesn't our International competiveness worsen too?

 

[Ekman]

Why isn't question 10 in Multiple Choice "D" ?
If the TOT worsens doesn't our International competiveness worsen too?

No international competitiveness worsens because the of the increase in TWI or appreciation in the currency.

 

[Billion-Air]

But an TOT which has worsened will lead to an depreciation of the AUD. And that will increase International Competitiveness.

 

[Potato2015]

Was the case study only asked in that environmental sustainability 3 marker?

I think so.

I just used China as an example in that one question and that was it.

 

[RecklessRick]

How many pages were your responses?

17 on q25, 16 on q28

Was very happy, some interesting questions in there.

 

[RecklessRick]

I think so.

I just used China as an example.

Yep only 3 marks. China's by far the easiest case study to use for that question.

 

[Axio]

I think so.

I just used China as an example.

oh good lol

 

[teridax]

17 on q25, 16 on q28

Was very happy, some interesting questions in there.

wtf did u sniff

 

[Potato2015]

Now, does anyone here have the exact wording for that god damn division of labor question?

 

[RecklessRick]

wtf did u sniff

liquid treasury bonds

 

[malcolm21]

wtf did u sniff

english extension kids can write and write and write

 

[internetgirl]

Now, does anyone here have the exact wording for that god damn division of labor question?

how does the international division of labour affect globalisation?

 

[RecklessRick]

english extension kids can write and write and write

tfw accidentally analysed the literary techniques of the section 3 quote.

Incidentally, how come it wasn't attributed to anyone? It just had a date on my paper.

 

[YouCantMakeMe]

Does everyone actually get papers back or is this all from memory? o-o

 

[teridax]

liquid treasury bonds

LOOOOOOL sig worthy

 

[dathat]

for the financing budget one, can we write govt could borrow from overseas and domestic interest rate would stay the same ?

 

[spatula232]

Went in prepared for micro and international organisations. Cheering

 

[keiran_osullivan]

english extension kids can write and write and write

Can confirm, do Extension and wrote 20 for Q25 and 14 for Q27 with small to medium handwriting.