eco comp was piss easy (2 Viewers)

[hatty]

whoever wrote that economics competition must have have read the first page of some year 10 commerce book because that was the EASIEST thing ive ever done.

ill probably get the higest certificate possible

come on... whose idea was it to ask who wrote the wealth of nations? (smith) and was he the same person that put in the RBA governor? (ian mcfarland)

man... UNSW Faculty of Commerce and whatever should be primary school

cheers

 

[George W. Bush]

yeah, it was easy.

but it was the hardest of the papers ive done (dating back to 2000)

 

[santaslayer]

Did you recognise questions made by Minai & Co.?

 

[skypryn]

lol yeha minai pty ltd. it was pretty easy but i haven't studied yr 10 textbook ever...i was a dropout in yrs 10/11. i didnt even know smith..:$

 

[hatty]

yeah that one
it was economies of scale

that question threw me of track a little
when i thought of minai, i thought of BOS, then i thought of the internet in general, then some computer games. lol

 

[charlie_charlie]

yeah but on the ian mcfarland one i got really confused because it was so easy i thought it must be a trick question...i had to re-read the question several times to make sure i read it properly!!!
It was okay though, i forgot what ceteris parabus was though...myeh dun care though much, doesnt count....

 

[hatty]

Originally posted by skypryn
lol yeha minai pty ltd. it was pretty easy but i haven't studied yr 10 textbook ever...i was a dropout in yrs 10/11. i didnt even know smith..:$

how could u not know smith...

 

[*Pooja*]

stuff the wealth of nations question.
i skipped on it. i was getting mixed up with keynes and smith and decided to leave it.

 

[Minai]

Originally posted by hatty
yeah that one
it was economies of scale

that question threw me of track a little
when i thought of minai, i thought of BOS, then i thought of the internet in general, then some computer games. lol

heh, I was gonna make that question harder...but it woulda got changed to something easier anyway..

 

[wildtiger]

lol so it really was smith?!

i thought, what kinda economist would have a name called ADAM SMITH so i chose the other guy >_<

 

[George W. Bush]

Mmm, it's not like Smith did anything substantial...

 

[charlie_charlie]

i put down keynes too, i could swear he wrote the welath of nations...come on...do u ever hear the smithian policies? and aggregate demand--> wealth of nations?! bah i was deciding between the two!

 

[George W. Bush]

yeah


because it's not like smith wasn't trying to improve the wealth of nations

 

[cro_angel]

wow george bush does economics? lol
i hope the business studies comp next week is just as easy lol.. so i take it i shouldnt be studying or anything?

 

[santaslayer]

Nah, just take the test without studying. Shows how much you actually know. Then you can address the problem areas.

 

[rumour]

Originally posted by wildtiger
i thought, what kinda economist would have a name called ADAM SMITH so i chose the other guy >_<

Yeah, that is what I thought also!!!

BTW- i had never even heard of "The wealth of nations"
Is it something we should know, for the HSC?

I did not study for it!- maybe that's why I found it, to be so hard!

 

[George W. Bush]

I think it's mentioned in topic 1.

In case you don't know, Adam Smith was the one who proposed the idea of absolute advantage. One of his disciples, Ricardo, proposed the idea of comparitive advantage.

 

[rumour]

Originally posted by George W. Bush
I think it's mentioned in topic 1.

In case you don't know, Adam Smith was the one who proposed the idea of absolute advantage. One of his disciples, Ricardo, proposed the idea of comparitive advantage.

You mean in yr 11 right?
Ok, our economics teacher jumps around a bit!!!
Like we were learning about BOP, in the middle of doing the first HSC topic!!!!

 

[aditya]

wat was the stablaliser

i so stuffed it.. i dunt do rgular study so i was totally unprepared.. i only study before tests... which works!

just tell me the answer

 

[George W. Bush]

I don't want to say too much atm, as I think there's some people who haven't done the test, and it would suck if i was on the edge of a prize and got knocked out or something

pm me