Vladormarx
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the hsc exam for economics focuses on the global economy, australia, economic issues and policies, so would you have to know anything about microeconmics to do well in it?
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economics HSC exam (1 Viewer)
- Thread starter Vladormarx
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ymyum
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Vladormarx said:
Topic 4 buddy. Have a read. Microeconomic policy is a fairly large portion of it.
ay_caramba
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yeah definitely, microeconomics is a very important topic as it is related to the long term resolutions of economic probs.. its a bit of a pain to learn, but hey, the hard work will pay off 
also, i think theyre putting more and more emphasis on govt policies, so microeco is a very important part of that
also, i think theyre putting more and more emphasis on govt policies, so microeco is a very important part of that
basicalli the essay questions are like... they ask you to use ur knowledge on most of the economic ISSUES and provide a solution with the desired method - should be stated in the question like monetry policy, or micreconomic reform etc... but i dunt think micro is a big part of it :S
hardly anything on it... from what i can remember.... ull have to incorporate structual change in ur answers, but things like labour policy and all that crap there was like 1 mc quesiton on that.... which i was grateful for...
hardly anything on it... from what i can remember.... ull have to incorporate structual change in ur answers, but things like labour policy and all that crap there was like 1 mc quesiton on that.... which i was grateful for...
mack
Banned
Yeah, learn about microeconomic policies. Also learn effectiveness of both micro and macro policies, there seems to be more and more questions asking the student to compare how they both work.
Vladormarx said:
I think you are referring to the basic stuff u learnt in year 11. And i think you'll find that alot of it is tested in the m/c part, and sometimes even the short answer. Mircoeconomics is an imprtant thing to know, as it is the basis for your understanding of the policies and economic issues and so forth.