Search results

You are both prime examples of why teachers are retards! Basically this is the deal. There is nothing saying that extended responses for economics must be either an 'essay' or a 'report' as you both mentioned. Further to this, an essay can have headings and indeed subheadings. The reason...

Yeah, sure, just like how the majority of reports produced by the world's economic agencies (RBA, Treasury, world bank, IMF etc) that use headings for this very purpose are done 'wrong'. Headings are very useful for a number of reasons. Think before you comment...

This will depend more on the idiosyncrasies of your teacher (or more specifically the marker) rather than some straight forward rule. Personally I am a fan of headings as they help you as the author to add structure to your work, and indicates to the reader precisely what that structure is...

Consider structuring it along the lines of the porters 5 forces model. Google it to find out more. It is a simple approach which could be quite effective for your purposes - but I stress that depends on what the question is asking.

Re: Why must balance of CAD + Financial & Capital AC = 0 under a floating exchange ra Deswa1 gives a good and simple answer. An alternative way of thinking about it, which is essentially the same as the above answer, is that one account must pay for the other. I.e. if a country has a huge...

Powlmao is correct, simplicity sometimes helps, but in an extended response a more nuanced response is required in order to achieve the top marks. Over simplification can also be detrimental. That is what is good about these forums as issues can be discussed and debate around these issues can...

Get your head around the syllabus and practice with past HSC papers. That's really all there is to it!

But what if a CAD is used to finance investment? Through that channel injections > leakages. In actual fact it is a constraint on future consumption (and possibly investment). Not a constraint on growth. Debt trap scenarios can be a constraint on growth where it removes the capacity for...

Check the Dec 2011 leading edge economics update..... You will find a discussion on the reform process within China. Your teacher should be able to get it for you if you don't have it.

My tip is don't bother. Get yourself a good casual job while at uni, get some life experience, get good marks at uni and then apply for the graduate job that you really want. This is the most sensible way to fast track your career. Post high school cadetships are just a way for firms to get...

Haha yeah, giving my bit back to the community after a long hiatus!

Just a tip, have a go yourself before you ask...

The simple answer is that it depends on what type of inflation you are talking about. One might argue that inflation is inevitable because as our incomes rise we demand better quality and therefore prices rise. But this is not really the inflation that we are concerned about. Inflation that is...

CAD's are not really a bad thing in of themselves. I don't know that I agree with the statement....

Re: Question: What are the two basic types of markets that exist in the market econom Market (people do what they want without govt intervention) Planned (govt organises the economy like in communism) realistically all economies are a combination of both. regards

well imagine you have 10 people in the room. 8 are plumbers, 2 are carpenters. Imagine in this room only plumbers are needed. You can pay people as much as you want, but when all 8 plumbers are employed, more money will not generate more plumbers. So in this economy the NAIRU is 20%. Higher...

In my opinion you should be able to, but teachers often look for signals to show that you are doing all the right things and when they skim read essays they give marks for things like that. So do it. Regards

Loans fall under portfolio investment. Interest repayments are under current transfers in CA. Regards

A double major with the new program (2010) is possible and will appear on the transcript as well as degree. This is available with science, commerce and arts but not other degree programs. Regards

Nice one from Ross Gittins with an accounting degree