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OMG ATAR ESTIMATE QUEEN ADRITA HAS ANSWERED MY THREAD. * life is complete*
.seen: 3:30pm
Economics without a doubt
what's so great about economics? pls explain how it is helping irl (unless it's for like comm or something)Economicsss <3
I agree.
what's so great about economics? pls explain how it is helping irl (unless it's for like comm or something)
You start to think like an economist..
what's so great about economics? pls explain how it is helping irl (unless it's for like comm or something)
True but what's the alternative? Make maths compulsory? I'm a maths person and there's no way I'd agree with that.+1000000
The bolded especially irks me. I cannot comprehend the logic with BOSTES using English as a leveller for scaling - that pretty much gives those who excel in the humanities an advantage to attain great marks. As opposed to the maths and science people, if they aren't that good at English and it inevitably brings down their ATAR, then already it is evident that there is a disparity in the ability of students who are forced to take English; you either have it or don't have it.
And sure, learning about what makes us human through the authors interpretation of the movement in it's respective time period is interesting to an extent. But does it teach anything applicable to life?
Emphatically, no.
Economics helps you think about stuff that's happening irl..
what's so great about economics? pls explain how it is helping irl (unless it's for like comm or something)
You start to think like an economist.
You can talk about the Federal Budget like a proper person rather than some guy who has no clue on what he is saying.
Things like interest rates or unemployment affect you to an extent so you might as well know something about them.
Of course, its only at a foundation level - however, I think HSC Economics is probably one of the most useful HSC subjects. I mean it doesn't hurt to have a good understanding of the general economy, and as a bonus - it helps you with first year Economics subjects in university if you're doing Commerce or Economics.
i cEconomics helps you think about stuff that's happening irl.
Eg the budget (although there is politics involved) - any sane lower-middle class person (sorry for offense) would not vote for Abbott as pm (obv coz he represents the high income earners).
People don't really understand what the reforms and stuff mean (and neither do I). Behind the politics is the economics which many people lack an adequate understanding and hence results in informed decisions which results in people hating Abbott after the release of the budget.
If people would have paid more attention to the reforms and stuff they would have noticed that it is fairly obvious that Abbott is going to cut welfare to low income earners, hence having a regressive effect thus widening the inequality of income in the economy which is not really a government objective tbh so Idk wtf they're actually trying to do.
What does this mean in terms of economic growth? It will reduce because there is lower government expenditure which results in a lower overall aggregate demand, as well as a reduced multiplier effect in the economy.
But Abbott's not stupid, he'll probably increase spending right before the next election (hence giving himself a good image) and might even get elected again because of playing with people's minds - tactics. Economics teaches you to be smart, analyse stuff, and not to accept stuff as it happens, but rather to understand why it happens. Sucks that there's only 5000 people studying it for HSC
That was just one example, but yeah.
Yeah I agree. BOSTES should not be giving an advantage to certain types of students just because they need to make their system work. I'm a 'maths' person and I can't stand English, and tbh, it's not my problem that without it being compulsory the system wouldn't work. I couldn't care less. They need to get over it and fix this obvious flaw. Why am I being forced to do a subject I passionately hate because BOSTES couldn't be screwed coming up with a fair system?True but what's the alternative? Make maths compulsory? I'm a maths person and there's no way I'd agree with that.
Not a fan of forcing people to do anything tbh.
It was never useful ...English stopped being useful after year 10
It stopped being useful after year 3English stopped being useful after year 10
is that y u dunt no wear da full stop goess.It stopped being useful after year 3
