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Australian Economics Competition (2 Viewers)

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Sarah168

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my stupid teacher didnt tell us about it until it was too late. fantastic. another reason to hate her guts :mad1:
 
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thursday for me too


last year either my school did it early or some schools did it late, cause my friend did it a day after me and won $80..........$40 for me;)
 

Sarah168

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same comp..i did it in yr 11 and i did the same paper as yr 12
 

neo o

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Originally posted by George W. Bush
Yeah, it's the same paper, but I seem to think that there are seperate devisions?
you did some practice papers - its all year 11 material - but i assume theyd mark 12 and 11 students seperately
 

skypryn

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it's out of 30 for all students. you start with 10 pts, get one pt for each correct answer, zero pts for a blank answer and -1/4 pts for incorrect answer. usually yr 12 high d cutoff is around 42-43. dunno bout yr 11 high d cutoff probably around low 30's.
 

Sarah168

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Originally posted by Without Wings
yeh i think you are correct there
HA! such a "girl04 - ish" post karen!! And you call me a spammer! :p
 

Kuya

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its not the same paper for us. the economic one is this thurs and biz is next thurs.
 

Grey Council

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lol, how much that someone from my school tops both the competitions?

I dunno if we're in the business studies one, we ARE in the economics one.

I'll be sitting it tommorow, period 2.

:D
ahah, without wings, i wanted to compete with you, but ah well. I s'pose your school thought that the fairer sex didn't stand a chance against the might of sbhs.
^_^
*makes no mention of sghs*

guh, alright then, someone from my school or the neighbouring school.
:-\

and George, you are one cheap guy.
I woulda done the same though.
;)
 

Kuya

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lol me too. minai put his name in one of the questions lol. minai pty ltd
 

aditya

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oh damn wealth of nations was adam smith! did anyone get that! lol! far out, i dno about that general knowledge crap, all i know is economics... far out my teacher fully surprised us with it! i didnt get to study AT ALL

so slack.. I was going to study all the prelim course as well... so slack :'(


*cries* *cries* *cries*
 
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Study for eco comp? pfft;)
Yeah, I knew Wealth of Nations.

The Harry Potter question is crap, it's not clear if the movie is a substitute or a complement. I just assumed it would be complementary.

Q2 was quite bad as well, the 'Supply curves are derived from':
a) Demand curves (this is what I put, demand curves for factors determining supply of final)
b) production possibility curves (can make an argument for this too)
c) Phillip's curves
d) income elasticity curves

Other than that it was pretty easy.
 
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