Environ Management Essay Q (2 Viewers)

[Freeba]

lots of ppl seem to be predicting environ management to be a Q for extended response.

if so will it b on the policies the govt can use ie CRPS, carbon tax, expenditure on improving energy efficiency etc
or something else??

could someone help me with this 'something else'. or tell me whether there even are any other type of Qs they could ask.

Thanks

 

[mrhorseham]

have a look in ur eco book in environmental management topic.
off the top of my head, u could include externalities and market failure.

 

[AussieVesti]

You could mention how Australia collaborates with other economies to manage the environment collectively, such as during the Climate Change Conference in Copenhagen in December this year. It might allow you to expand your argument by going into some topics regarding the global economy.

 

[Evertonian]

tbh, i dont see them asking a policy question in regards to environment. I reckon itll ask for the conflict between environment and other eco objectives??

 

[Freeba]

yea i dnt think its likely to b asked bout policies especially with the CPRS still in negotiations. but wanted to know what other things they could ask.

-conflicts in achieving objectives
-relation to globalisation
i guess are other likely options.

any of u guys seen anything in past papers in the extended response section bout environ management anyways?

 

[AussieVesti]

yea i dnt think its likely to b asked bout policies especially with the CPRS still in negotiations. but wanted to know what other things they could ask.

-conflicts in achieving objectives
-relation to globalisation
i guess are other likely options.

any of u guys seen anything in past papers in the extended response section bout environ management anyways?

I believe I've spotted one but that was in conjunction with one regarding our case study as well.

 

[Scrub Ya Flaps]

IF anyone has an essay on this feel free to send to me

 

[Dimplez]

They might not DIRECTLY refer to environmental management in the essay but there could be a question like "Discuss how a government may seek to acheive sustainable EG" in which case you would talk about EG but may also talk about the CAD being a "speed limit" on level of EG, unequal distibution of income and environmental degradation being constraints on long-term growth.

 

[141091]

the 'speed limit' on economic growth is inflation, not CAD ^^

 

[AnandDNA]

its also CAD because to reduce CAD the government may adopt contractionary polciies causing restrictions to economic growth

 

[Drew aka crazy]

i say just think of the state of the economy a few months ago and just think what Q they could ask especially for the first extended response relying on the given data

 

[141091]

its also CAD because to reduce CAD the government may adopt contractionary polciies causing restrictions to economic growth

The aust. govt. has never had a CAD policy in its history, the only thing is the negative perceptions of foreigners in the argument against pitchford, it isnt a speed limit.

 

[Dimplez]

The aust. govt. has never had a CAD policy in its history, the only thing is the negative perceptions of foreigners in the argument against pitchford, it isnt a speed limit.

Strong economic growth leads to a surge in import spending, particurlarly if domestic growth exceeds global growth rates. Thus during periods of strong growth, the BOGS component of the CAD tends to rise, and thus leading to higher CADS. This is known as the 'balance of payments constraints'. This happened in the late 80s, and was a major cause of the 91 recession as the government used excessive contractionary policy to limit growth in cad at that time. Because this happens, High CAD's is regarded as one of the two 'speed limits' on economic growth, the other being inflation.

 

[141091]

Strong economic growth leads to a surge in import spending, particurlarly if domestic growth exceeds global growth rates. Thus during periods of strong growth, the BOGS component of the CAD tends to rise, and thus leading to higher CADS. This is known as the 'balance of payments constraints'. This happened in the late 80s, and was a major cause of the 91 recession as the government used excessive contractionary policy to limit growth in cad at that time. Because this happens, High CAD's is regarded as one of the two 'speed limits' on economic growth, the other being inflation.

Thats a fair point. Would you, however, put that in your essay?

 

[Dimplez]

Thats a fair point. Would you, however, put that in your essay?

I don't think you need to explain all of that in the essay.
The examiners will understand the 'eco jargon'- so saying that the CAD can act as a "speed limit" will be fine. If you've got alot of time I don't think it would hurt. Good luck!

 

[Evertonian]

No, do not assume that the markers know what it is, my eco teacher said that you must explain everything to demonstrate your knowledge.

Also since when is CAD a speed limit on economic growth?

Its the opposite way around, where countries with a CAD problem must limit the amount of eco growth as people would be more inclined to spend on imports thus plummeting the CAD even more. Hence, the BALANCE OF PAYMENTS CONSTRAINT.

 

[Freeba]

Also since when is CAD a speed limit on economic growth?

Its the opposite way around, where countries with a CAD problem must limit the amount of eco growth as people would be more inclined to spend on imports thus plummeting the CAD even more. Hence, the BALANCE OF PAYMENTS CONSTRAINT.

yea it would b a constraint when import expenditure is greater than Export sales, where it would take away from AD

AD = C + I+ G+ (X-M)

when u have that being negative u're taking that much away from ur possible growth. and thus it is a constraint on EG.

 

[Evertonian]

yea it would b a constraint when import expenditure is greater than Export sales, where it would take away from AD

AD = C + I+ G+ (X-M)

when u have that being negative u're taking that much away from ur possible growth. and thus it is a constraint on EG.

Oh yeah thats right. thanks