Drifting95
Should i change my DP?
Hey everyone,
Here are my economics predictions for 2015. After numerous PMs over the last months, i've finally done it!
DISCLAIMER:In no way am i stating these questions will be in the HSC exam, they are simply my recommendations on what you should pay particular attention to. Ensure you study for all other topics, there is no shortcut to ensuring a band 6.
These are just MY thoughts on what will be in the exam and an additional resource you can use, I'm not fussed if you have different opinions.
Macroeconomic and Microeconomic policies addressing economic issues- Likely.
• Trend is every 1-2 years and has been for a very long time
• I believe there will be a focus on monetary policy as you can talk about the implications of continually lowering rates (and the diminishing effectiveness of MP in the process)
• A general macro policies question (allowing you to pick either fiscal or monetary) may appear considering they specified fiscal last year
• Was used in CSSA 2015
• I doubt microeconomic policies will be included as it was used in 2014
External stability/Balance of Payments/CAD- Very very very likely
• This is probably the predication I’m most certain on
• Long overdue for an essay question, trend is every 2-3 years and 2015 will be year 3
• Was used as a CSSA 2015 question
• CAD was present in the 2014 independent paper
• Plenty of recent information that can be used including the deterioration of the mining investment boom, china etc
Exchange rates- Very likely
• Trend is every 2-3 years, last used in 2013 so I’m certain it’s either this year or 2016.
• It is a major issue in the Australian economy currently so I’m more leaning towards it being asked this year
• Plenty of information that can be integrated over the last 18 months
Study your hearts out for topic 2 kiddos, I’m certain you’re going to get at least one essay question on it.
International agreements/free trade- potentially
• The trend is for this question to be asked the year after a case study question, so I believe it may be asked
• It is very relevant as you can discuss the importance of Australia establishing a more diverse range of exports to overcome the deterioration of commodities
• China free trade agreement can be used effectively
Environment- Very very very unlikely
• Came up last year, will most probably be a 5 mark short answer question if this content is used again
• Students tend to skip this part of the syllabus so it is a potential ‘curveball’ question
Globalisation/Case Study- very very unlikely
• Case study is unlikely as it was used in 2014,
• I believe it will be used in the short answer questions instead if asked…
I might add to this list in the next few days, depends how i feel...
Here are my economics predictions for 2015. After numerous PMs over the last months, i've finally done it!
DISCLAIMER:In no way am i stating these questions will be in the HSC exam, they are simply my recommendations on what you should pay particular attention to. Ensure you study for all other topics, there is no shortcut to ensuring a band 6.
These are just MY thoughts on what will be in the exam and an additional resource you can use, I'm not fussed if you have different opinions.
Macroeconomic and Microeconomic policies addressing economic issues- Likely.
• Trend is every 1-2 years and has been for a very long time
• I believe there will be a focus on monetary policy as you can talk about the implications of continually lowering rates (and the diminishing effectiveness of MP in the process)
• A general macro policies question (allowing you to pick either fiscal or monetary) may appear considering they specified fiscal last year
• Was used in CSSA 2015
• I doubt microeconomic policies will be included as it was used in 2014
External stability/Balance of Payments/CAD- Very very very likely
• This is probably the predication I’m most certain on
• Long overdue for an essay question, trend is every 2-3 years and 2015 will be year 3
• Was used as a CSSA 2015 question
• CAD was present in the 2014 independent paper
• Plenty of recent information that can be used including the deterioration of the mining investment boom, china etc
Exchange rates- Very likely
• Trend is every 2-3 years, last used in 2013 so I’m certain it’s either this year or 2016.
• It is a major issue in the Australian economy currently so I’m more leaning towards it being asked this year
• Plenty of information that can be integrated over the last 18 months
Study your hearts out for topic 2 kiddos, I’m certain you’re going to get at least one essay question on it.
International agreements/free trade- potentially
• The trend is for this question to be asked the year after a case study question, so I believe it may be asked
• It is very relevant as you can discuss the importance of Australia establishing a more diverse range of exports to overcome the deterioration of commodities
• China free trade agreement can be used effectively
Environment- Very very very unlikely
• Came up last year, will most probably be a 5 mark short answer question if this content is used again
• Students tend to skip this part of the syllabus so it is a potential ‘curveball’ question
Globalisation/Case Study- very very unlikely
• Case study is unlikely as it was used in 2014,
• I believe it will be used in the short answer questions instead if asked…
I might add to this list in the next few days, depends how i feel...
Last edited:
