Recent content by Lorie

  1. Lorie

    hsc 2009 predictions

    Don't be surprised if they throw in a question that combines fiscal/monetary policy, maybe asking you to compare the 2. Also maybe exchange rates. I remember there was an exchange rates essay question in my year.
  2. Lorie

    preparing for eco essays

    You don't necessarily have to sit down and write 20 essays in preparation. But practice as much as you can. Read past essays and get a feel for what you need to write. Learn the content as much as possible, because it will apply to other sections in the exam as well. You may have a specific...
  3. Lorie

    implementing monetary policy

    quick and easy........ Manipulation of the price of money (interest rates) through controlling the supply of money (buying/selling govt bonds).
  4. Lorie

    HELP! how to overcome financial problems...

    Another important thing to remember with ratios is that they are only useful when benchmarking against other figures. These can be against the industry average, competitors or the companys past years ratios. This is a good way to use ratios to analyse the companys financial performance.
  5. Lorie

    Is writing 1037 words in 50 minutes for an Economics essay acceptable?

    Thats fine as long as you've covered all the main points. Use graphs if you can aswell, it may not increase the word count but it will help illustrate what your trying to say. My big tip is during reading time write your essay plan up first. You should not rely simply on your prepared essays...
  6. Lorie

    economic impact of environmental management

    I think you should keep it simple. Production possibilty curves more refer to the opportunity costs of two goods. Environmental damage is an example of negative externalities. Think the simple supply and demand curves, and look at supply as the costs and demand as the benfits. Now when there...
  7. Lorie

    Simple question on eco growth and environment

    The main economic issue here is the existence of externalities. Externalties are when there is flow on effects to parties outside the buyer and producer (3rd parties). There can be positive externalities, such as education and flu shots; and also negative externailties, damage to the environment...
  8. Lorie

    Big Day Out 2008

    yay!!!! I'm there!!!!! :)
  9. Lorie

    Big Day Out 2008

    damm i'm still waiting, grrrr
  10. Lorie

    Big Day Out 2008

    yeah still waiting on my email. this is gay
  11. Lorie

    Ask Any Questons

    The marketing planning process contains alot of information relevent to the course. If you know and understand the parts involved in the marketing plan, it will go a long way to you better understanding the marketing part in this course. Probably to 2 major parts I believe in the marketing...
  12. Lorie

    Ask Any Questons

    No Problems. Glad it helped you out. :)
  13. Lorie

    Australia & Zimbabwe

    By not allowing the cricketers to participate in Zimbabwe, the government has taken a stance against Robert Mugabe which reflects the what the country believes about his regime. However, is this honestly enough? Sure it makes some great headlines about the governments strong stance against...
  14. Lorie

    Cult or Religion: Scientology

    For starters Today Tonight isn't exactly the greatest source of information for current affairs. I bet they had a nice puff piece on what colour hand bag is in this winter or a how dodgy A current affair is afterwards. But Scientology is an issue that has and still is causing conflicts. Isaac...
  15. Lorie

    Ask Any Questons

    Pretty much it's selling the same product to different buyers across the market at various prices. It is used to maximise sales and therefore profits for the company by being able adjust prices according to certain market segments reactions. It also incorporates different times of the day...
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