Recent content by Chibimaru

Oh wow I didn't know I had any forum trolls in my class. Aren't you the scrawny guy that says EPIC all the time :O Weren't you caught out for plagiarism in Macroecon and fail Labour Econ last year? Still not expelled yet, I take it. Here's a fact: 1 more strike and you're out. Now relish in it.

^Yeppers. Don't forget ABS, too. They have great stats & even give you a synopsis if you don't want to analyse it all. :angel:

Proper definition of recession is negative economic growth. Australia's GDP was always positive (check ABS if you don't believe me). Therefore Australia was not in a recession. Just because an economy exhibits the symptoms of a recession doesn't mean it's going through one. If a girl wakes up...

Chance by Chanel. Ran out of Diorissimo . . . :cry:

I've tried that Revlon MAX crap in high school and all it did was clump my lashes and make my ducts secrete until I was all blotchy. I've tried Maybelline, Dior, Estee Lauder, Mac but I'm sticking to Shu Uemura Precise Volume Mascara over a coat of Chanel Lash Enhancing Base. I love it. The...

Re: Question: What are the two basic types of markets that exist in the market econom Monopoly/oligopoly/monopolistic competition/perfect competition are forms of market structures, not markets. I agree it's annoying how there are so many different synonymous terms flying around, leaving...

Elasticity of demand influences what goods and services the government chooses to tax and what price producers set. On a graph, i) inelasticity is depicted by a steeper demand curve, and ii) taxation is always depicted as a shift to the left of the supply curve (note this is not always a...

1. Australia was not in a recession at the time of your post, and is still not in one. 2. 'The last speaker' has a name - Dr Sarah Wright - and warrants more credit than 'easy to look at'. 3. You're a nit.

Uni economics units are not the same as your HSC course. High school knowledge will not net you distinctions and high distinctions because it is not detailed enough, and uni requirements are much more particular. It's been said that many students who top Eco in first year have no previous study...

Depending on how you did (b), I think you just need to conduct a marginal analysis since it asks you to find the point to cease production. In (b): MC = marginal cost only (as the farmer owns the lake, therefore bears the externalities) MR = marginal social benefit So now consider (c)...

Agreed. Maybe the OP should try talking less like a 12 yr old trying to flirt over MSN. Because it's the duty of Australian tax payers to support foreign kids who come here to buy an education. It's bad enough that we local students have to compete with them for the meagre availability of...