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How difficult did you find the Eco exam? (1 Viewer)

How hard was 2012's Economics HSC Exam?

  • 10 - Extremely difficult

    Votes: 9 8.1%
  • 9

    Votes: 2 1.8%
  • 8

    Votes: 4 3.6%
  • 7

    Votes: 8 7.2%
  • 6

    Votes: 3 2.7%
  • 5

    Votes: 21 18.9%
  • 4

    Votes: 10 9.0%
  • 3

    Votes: 19 17.1%
  • 2

    Votes: 15 13.5%
  • 1 - Extremely easy

    Votes: 20 18.0%

  • Total voters
    111

Rawf

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2. Too easy, no twists, no definitions.
The essay questions - too easy as well! I did Q28 but I sort of ran out of time so I couldn't talk about external stability and environment :( I think I'm limited to 16/20 for that.
 

CommunityFan

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2. Too easy, no twists, no definitions.
The essay questions - too easy as well! I did Q28 but I sort of ran out of time so I couldn't talk about external stability and environment :( I think I'm limited to 16/20 for that.
woww I thought I'm the only guy who have time management problem with this question xD I reckoned the essay was too broad :p
 
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I really liked the multiple choice and short answers section :) Dont start on extended ahaha..could of done better if i refreshed BOP and policies rather than labour market policies and environmental sustainability
 

RishBonjour

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2. Too easy, no twists, no definitions.
The essay questions - too easy as well! I did Q28 but I sort of ran out of time so I couldn't talk about external stability and environment :( I think I'm limited to 16/20 for that.
My teacher got pissed because I didin't talk about envrionment (had some quality shiz on it)

Did eco growth, unemployment, inflation, extern stability and income inequality
don't know How i flushed out 14 pages (didn't even exceed 10 pages in trials)


forgot to talk about political constraints though and didn't have time to do income inequality/ unemployment conflict. so yeah probably lose 3-4 marks.



EDIT:
I would fkn lol if half the people saying "its pretty easy" don't get a band 6.

It wasn't "piss easy" it was easier than other tests. Was expecting a challenging one after last year's test tbh
 
Last edited:

Rawf

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woww I thought I'm the only guy who have time management problem with this question xD I reckoned the essay was too broad :p
Definitely. They should have just stated 2 eco objectives... rather than all 6. I had 55 mins for each essay - i spent 1hr on the first one which left me with 50 mins for the last one.
But eh, to have a good analysis on all 6 objectives would require much more paper than what they provided (I went onto a spare booklet) and much more than 50 minutes time lmao
 

paddydbarry

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Im pretty sure you were not required to talk about all objectives.


How successful is the australian governments policies in achieving objectives(you could pick one or two) that how i took it anyway.
 

ismeta

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Ah, I talked about the six objectives....I had an hour left for that, so I churned out six and a half pages, more than my usual four - and I didn't even flesh out environmental and inequality properly :( Hand dead. Wish the exam was a bit harder though!
 

Rawf

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Im pretty sure you were not required to talk about all objectives.


How successful is the australian governments policies in achieving objectives(you could pick one or two) that how i took it anyway.
err. I think you should've addressed all 6 objectives to get full marks for the exam.
The way I structured mine was I talked about macro and micro policies EG:
Starts with fiscal policy - link it to some of the goals say its successful, then how it dampens other ones
Monetary - same thing
Micro policy - same thing

Conclusion - achieve some goals successfully, conflicting objectives etc etc

But I forgot to link them to enviro and external stability. However I think enviro needed a separate paragraph of its own (unless you slot it under fiscal or micro) when talking about like market based, putting a tax on externalities, complete ban etc. I was gonna slot it in at the end but no time :(
 

gorab

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Q28 was way too broad, too much to talk about, too high chance of missing some important parts so I just did the case study lol
I wonder how they'll mark it, such an easy question...
 

Ich Mag Sechs

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err. I think you should've addressed all 6 objectives to get full marks for the exam.
The way I structured mine was I talked about macro and micro policies EG:
Starts with fiscal policy - link it to some of the goals say its successful, then how it dampens other ones
Monetary - same thing
Micro policy - same thing

Conclusion - achieve some goals successfully, conflicting objectives etc etc

But I forgot to link them to enviro and external stability. However I think enviro needed a separate paragraph of its own (unless you slot it under fiscal or micro) when talking about like market based, putting a tax on externalities, complete ban etc. I was gonna slot it in at the end but no time :(
Were you allowed to talk about monetary policy? I thought the question was asking specifically for the government policies and well, the RBA isn't directly controlled by the government. I wasn't sure whether or not to discuss it so I just left it out, idk.
 

paddydbarry

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err. I think you should've addressed all 6 objectives to get full marks for the exam.
The way I structured mine was I talked about macro and micro policies EG:
Starts with fiscal policy - link it to some of the goals say its successful, then how it dampens other ones
Monetary - same thing
Micro policy - same thing

Conclusion - achieve some goals successfully, conflicting objectives etc etc

But I forgot to link them to enviro and external stability. However I think enviro needed a separate paragraph of its own (unless you slot it under fiscal or micro) when talking about like market based, putting a tax on externalities, complete ban etc. I was gonna slot it in at the end but no time :(
I did similar, i talked about growth, employment, inflation, income equality, external accounts stability, micro for efficiency in labour markets and envio.

I just think you could have specilised say on stability, income equality and employment and still achieved full marks. or close too
 

Rawf

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Were you allowed to talk about monetary policy? I thought the question was asking specifically for the government policies and well, the RBA isn't directly controlled by the government. I wasn't sure whether or not to discuss it so I just left it out, idk.
Erm, I think it should be considered a 'government policy'. The RBA acts on behalf of the government.
 

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