Economics predictions/exam thoughts (1 Viewer)

[sniggledot1]

What does everyone think the essays will be on

 

[TeheeCat]

Teacher is predicting that it will be either protection or macroeconomic policies, which i agree with. Exchange rates if also a good possibility too.

It better not be environmental sustainability though, i struggle with that lmao

I think macroeconomic policies will definitely be there, considering how both monetary and fiscal policies been on the news this entire year. Especially with RBA's cash rate cut to a historic low of 0.75%

 

[IforgotMyPassword]

My friends predict that it would be on macroeconomics, protection or current account.
The CAD is in surplus so that might be included in the exam. Of course RBA and fiscal policy is also trendy atm.

 

[Bob Jane]

There is no way they don't ask about the Current Account Surplus although probably not in the essay

 

[Hscbuzman]

There is no way they don't ask about the Current Account Surplus although probably not in the essay

That wouldn't have occurred since the exam was written. Plus it still technically in deficit based on yearly results.

 

[Hscbuzman]

Teacher is predicting that it will be either protection or macroeconomic policies, which i agree with. Exchange rates if also a good possibility too.

It better not be environmental sustainability though, i struggle with that lmao

I think macroeconomic policies will definitely be there, considering how both monetary and fiscal policies been on the news this entire year. Especially with RBA's cash rate cut to a historic low of 0.75%

Forget the recent events. The paper is written between FEB-APRIL. So whatever is trendy around then is more likely.

 

[Hscbuzman]

It will likely be inflation and exchange rates in Q25. In Q26 probably protection and effects of Macro policies.

 

[Hscbuzman]

SHORT ANSWER PREDICTIONS: (Obviously not in this order most likely)
Q21 Ext Stability/CAD
Q22 Globalisation with 5 marks on case study (Development)
Q23 Labour Market policies/ UE
Q24 Environment

 

[captain stones]

It will likely be inflation and exchange rates in Q25. In Q26 probably protection and effects of Macro policies.

how about 27 and 28?

 

[Hscbuzman]

how about 27 and 28?

Sorry I forgot eco doesn't do A) B) on extended. I meant 25 as the stimulus based and 26 as without stimulus. IE those are my 4 essay Qs prediction

 

[jelena_nina2001]

how would the answer be C please (2018 eco paper)? @Hscbuzman

 

[Hscbuzman]

how would the answer be C please (2018 eco paper)? @Hscbuzman
View attachment 27450

B is less equal in income as it is further from line of equality. Decreasing the top tax rate makes the taxation less progressive therefore making the automatic stabilisers less effective thus making income less equal. Therefore it will move towards B as it is less equal now.

 

[jelena_nina2001]

B is less equal in income as it is further from line of equality. Decreasing the top tax rate makes the taxation less progressive therefore making the automatic stabilisers less effective thus making income less equal. Therefore it will move towards B as it is less equal now.

thanks so much, you rock!!!

 

[Hscbuzman]

@Hscbuzman need your help with this one please....how do you get to the answer please?
View attachment 27463

Mps = 1/2.5 (K multipler equation) thefore MPC is 0.6. Mpc is change in consumption/ change in income. Rearrange that and you get 600 for Z BUT you must add 100. Therefore D.

 

[Hscbuzman]

Well that was easy and nice

 

[Minecraft]

what did you guys get for 19 and 20

 

[dontbeasavage]

Idk lol

 

[Bob Jane]

Hard MC - easy SA - interesting essays...

 

[lalajellyjoy]

i barely studied for case study lmao and guessed half the mc AHHA rip

 

[dotwingz]

does anyone have a copy of the paper?

EDIT: or just q24 lmao?