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I mean knowing EVERYTHING in detail is pretty hard lol, I'm mainly preparing for the predicted topics as most likely at least two will pop up in different sections, but i'm trying not to fully rely on this by attempting to know everything in detail lol.

Yep no worries, Short answers: Globalisation, Microeconomic reform, inflation, monetary policy, exchange rates (possibly) Essay: - Fiscal policy on eco growth and unemployment - Exchange rate, impact of a sustained depreciation - CAD/BOP/Ext Stability, cause and effects - Globalisation/Free...

Have you guys seen this? What do you think? http://www.artofsmart.com.au/2015-hsc-economics-exam-question-predictions/

wow that seems like a lot, you reckon 1000 is a solid amount for 18+? (i know it depends on quality)

Also, since exchange rate volatility and foreign liabilities directly link to the CAD, are you supposed to be making links to how it affects the CAD and thereby external stability in your exchange rate and foreign liability paragraphs?

this is going to give me nightmares ...

Re: 2015 HSC Economics Marathon 2015-16 budgeted for a projected deficit of $35.1bn which s 2.1% of GDP compared to 2014’s budget deficit of $41.4bn, which was 2.5%. Deficit is projected to become smaller so it's contractionary

Re: 2015 HSC Economics Marathon Not 100% with this, but i'm leaning towards no since environmental policies don't directly affect the cost and availability of 'land'. Targets and regulations and even market policies wouldn't affect land. However it still might be a factor market reform, one...

save yourself now and drop physics lel

This is what I initially thought as well, all 3 answers make sense lol. Maybe because it's asking for 'most likely', the answer would refer to the most immediate impact/effect?

Depends how big you write, don't think pages is a good indication. I write about 4 with about 10-16 words per line

Yeah, essays are the main worry lol. I'm most comfortable with CAD, BOP, Ext Stability, Exchange Rates, Fiscal policy, monetary policy in that order, I hope it's just two of those haha

Why would it be a page long? Definition of external stability and a brief overview/definition of CAD, Foreign liabilities/debt, exchange rate.

Actually, my bad lower AD does lead to lower prices, lower AD --> less consumption --> lower prices. The answer is still B though because it lends itself to demand-pull inflation :)

Since exchange rates and CAD/ext stability/BOP questions are pretty likely, what are the chances that they're gonna put it in separate sections (since they both deal with similar stuff like external accounts). I'm most comfortable with those two followed by macro policies.

unfortunately yes, also how did you manage to get <30 lol

also note these are HSC marks. Your raw marks would obviously differ, check out rawmarks.info. Also it's always good to strive for first lol, but it really depends on your school rank.

Answer should be B. Decentralisation of of the wage determination system will promote productivity as it gives employees more incentive to work productively, higher productivity will reduce inflationary pressures (as firms can make more overall profit margins, no need to push costs onto...

(820/125)*100 = 656 (100 is base year)

Inwards is more equal, outwards is less equal. The straight diagonal line is the line of perfect equality