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1. 14/20 at the most lol 2. hopefully 38-39/40 3. 17+/20 I should have added more effectiveness of macro policy mix 4. 18+/20 Im pretty confident with this one, did causes of unemployment, economic and social effects of unemployment and also threw in macro and micro policies to help reduce...

Okays I did that, hopefully I'll get full marks for it then

Because they didn't specifically, do you still lose marks if you don't talk about your case study?

okay thanks! I got it right then :)

Hey what did you guys get for that multiplier question? It was something along the lines of when k=2.5, investment= 100, what is the change in national income? I'm not sure if I did that one right :S

I agree with you on 18, oil is more volatile than housing prices

For Questions 7, the question says "theres an increase in the minimum rate of EMPLOYER superannuation contributions from 9%-12% of wages" Doesnt that mean a rise in cost of production (rise in wages) leading to a increased cost inflation? hence A?

That exam was pretty good! Loved loved that macro and unemployment question! I found multiple choice to be difficult though :S

Good luck everyone! :)

Thanks :)

guys, what is hidden unemployment and why does it not count in the unemployment rate?

Thank you :)

Thanks! :) Also would government policies be applicable too? And how?

hey if they ask something about strategies to promote environmental sustainability, how would you approach this?

I think the last time they asked that was in 2011, and that one was pretty broad

Do you think the case study will be in short answers or essay?

We can do this! :)

LOL I still remember that tooo! My textbook had a really wordy definition that I didn't understand

Thank you both!

Hey Guys, If the questions asks for something like 'the role of globalisation and its inequalities in the global economy" what would I talk about? Thanks :)