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Eco predictions/thoughts (1 Viewer)

tvskAXatar

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What did you guys do for the impacts of globalisation on economic development question for a specific country?

How many marks out of 6 did I lose in my response

Country: UAE
  • Defined globalisation
  • Talked about construction labour flows to the UAE from India and Pakistan etc to build more infrastructure such as apartment towers at a faster rate has improved availability and quality of housing - improves liveability
  • Talked about the UAE’s liberal expatriate visa policy which has allowed for skilled labour such as in the healthcare sector where a lot of doctors and nurses are from India, UK, US and Australia (used Dubai Healthcare City as an example) - improves wellbeing. Talked about how most teachers/lecturers in the UAE are from outside and how this improves the country’s knowledge.
  • Talked about how FDI and TNCs improve employment opportunities and availability/quality of items available for consumers
  • Talked about technology transfer (eg: Dubai’s driverless trains) allows for greater opportunities and accessibility improving liveability
  • Finished up with a sentence on how globalisation improves employment, health, housing, knowledge, opportunities and accessibility in the UAE - all components of economic development
  • Am I cooked or cooking? How many marks lost?
 
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What did you guys do for the impacts of globalisation on economic development question for a specific country?

How many marks out of 6 did I lose in my response

Country: UAE
  • Defined globalisation
  • Talked about construction labour flows to the UAE from India and Pakistan etc to build more infrastructure such as apartment towers at a faster rate has improved availability and quality of housing - improves liveability
  • Talked about the UAE’s liberal expatriate visa policy which has allowed for skilled labour such as in the healthcare sector where a lot of doctors and nurses are from India, UK, US and Australia (used Dubai Healthcare City as an example) - improves wellbeing. Talked about how most teachers/lecturers in the UAE are from outside and how this improves the country’s knowledge.
  • Talked about how FDI and TNCs improve employment opportunities and availability/quality of items available for consumers
  • Talked about technology transfer (eg: Dubai’s driverless trains) allows for greater opportunities and accessibility improving liveability
  • Finished up with a sentence on how globalisation improves employment, health, housing, knowledge, opportunities and accessibility in the UAE - all components of economic development
  • Am I cooked or cooking? How many marks lost?
doesn't it have to be china LMAOoo
 

octavia2103

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What did you guys do for the impacts of globalisation on economic development question for a specific country?

How many marks out of 6 did I lose in my response

Country: UAE
  • Defined globalisation
  • Talked about construction labour flows to the UAE from India and Pakistan etc to build more infrastructure such as apartment towers at a faster rate has improved availability and quality of housing - improves liveability
  • Talked about the UAE’s liberal expatriate visa policy which has allowed for skilled labour such as in the healthcare sector where a lot of doctors and nurses are from India, UK, US and Australia (used Dubai Healthcare City as an example) - improves wellbeing. Talked about how most teachers/lecturers in the UAE are from outside and how this improves the country’s knowledge.
  • Talked about how FDI and TNCs improve employment opportunities and availability/quality of items available for consumers
  • Talked about technology transfer (eg: Dubai’s driverless trains) allows for greater opportunities and accessibility improving liveability
  • Finished up with a sentence on how globalisation improves employment, health, housing, knowledge, opportunities and accessibility in the UAE - all components of economic development
  • Am I cooked or cooking? How many marks lost?
your response sounds pretty good but also sounds like a lot for 6
i thought it was out of 5 though

anyway i did china and i wrote about Open Door Policy and China's access to WTO and linked to how it lifted people out of poverty as it increased GNI per capita
did you include some stats too?
 

pilot_djeddie

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My class did Indonesia but at the last minute, I swapped for China because my teacher was so awful at teaching economics. Just kept on playing atomi videos and you had to virtually self teach the content
 

tvskAXatar

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your response sounds pretty good but also sounds like a lot for 6
i thought it was out of 5 though

anyway i did china and i wrote about Open Door Policy and China's access to WTO and linked to how it lifted people out of poverty as it increased GNI per capita
did you include some stats too?
I did say that over 80% of the UAE’s labour force is expatriate
 

K2Trappy

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Aight, exam was actually alright tbh.

I did AANZFTA and then China.

I then did the question on sustainable economic growth (because I ain’t gonna solely focus on full employment) and then I did the question on appreciating AUD
we did the same but Im retarded and wrote asean fs
 

tvskAXatar

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Am I cooked if I got 83 raw and everyone else thought it was super easy? SUPER easy - no subsidy questions, no complicated multiplier questions, no ‘deep’ questions
 

octavia2103

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My class did Indonesia but at the last minute, I swapped for China because my teacher was so awful at teaching economics. Just kept on playing atomi videos and you had to virtually self teach the content
ah that sucks, i had a bad eco teacher in yr11 but i think he got fired so we got a better eco teacher
 

octavia2103

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Am I cooked if I got 83 raw and everyone else thought it was super easy? SUPER easy - no subsidy questions, no complicated multiplier questions, no ‘deep’ questions
nah you're not cooked 83 is quite good
idk if the exam was super easy imo yes there wasn't any types of those questions but i think the paper was challenging in some aspects
i found the mcqs to be harder this year honestly
 

K2Trappy

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Am I cooked if I got 83 raw and everyone else thought it was super easy? SUPER easy - no subsidy questions, no complicated multiplier questions, no ‘deep’ questions
if ur talking about MC subsidy and multiplier questions are soo common that its not hard, but MC wasn't too bad this yr
ur not cooked 83 would prob align to close to 90 maybe just under
 

pilot_djeddie

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ah that sucks, i had a bad eco teacher in yr11 but i think he got fired so we got a better eco teacher
I'm so happy for you. In honesty, it's because of my year 12 experience that I want to be an economics tutor to help other students not suffer the same fate as me:). Economics should be far more than just drowniness
 

octavia2103

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I'm so happy for you. In honesty, it's because of my year 12 experience that I want to be an economics tutor to help other students not suffer the same fate as me:). Economics should be far more than just drowniness
ahh that sounds really nice i'm sure you'd be a great tutor! :)
 

pilot_djeddie

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ahh that sounds really nice i'm sure you'd be a great tutor! :)
Like things I would encourage students to add in that are not in the syllabus:

1.) Kuznet's structural transformation theory
2.) Paradox of plenty
3.) Greater fool theory
4.) Keynesian vs monetarism (Keynes encouraged economic growth through a shift in AD whilst Friedman and Hayek encouraged more supply side economics)
 

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