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How should i study for this upcoming test? (1 Viewer)

hscc

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Hi everyone! I have an exam coming up in a few weeks (19th feb). It's on topic 1 - globalisation and chapters 4/5 of topic 2 - Australia's place in the global economy. The exam is 30 marks multiple choice and 20 marks short answer. I was just wondering, what's a good way to study for this? So far I'm just reading the textbook everyday (year 12 economics - tim riley). But I was just wondering, after I've read the chapters entirely, how can I best prepare? Perhaps past papers from somewhere or practice questions? Thanks!
 

BandSixFix

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Try and get a hold of some past papers on your topic. And most importantly, remember statistics for every point in the syllabus you're tested on (if applicable) - I got rekt for lack for stats.
 

hscc

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Try and get a hold of some past papers on your topic. And most importantly, remember statistics for every point in the syllabus you're tested on (if applicable) - I got rekt for lack for stats.
But that's only applicable for essay writing isn't it? Are stats necessary for multiple-choice and short answers?
 

BandSixFix

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But that's only applicable for essay writing isn't it? Are stats necessary for multiple-choice and short answers?
Stats are very very very very important for short answer questions!!! Not MC for obvious reasons but yeah. Economics places heavy emphasis on stats for BOTH SA and Essay's.
 

marxman

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I'd say for Chapter 4 and 5 especially, revise up on the multiple choice stuff as well - particularly balance of payments categories.
With 30 marks multiple choice, knowing your categories back to front can help not only maximise marks but also maximise time to focus on rest of the test.

A great way to practice these is to grab an economics workbook, I'm not entirely sure but I believe there is a Tim Riley workbook and a Tim Dixon workbook. This should give you plenty of practise for these questions.

For your short answer stuff, a resource I find that helps me a lot is the Dot Point Economics book. It's got sample answers for nearly every possible short answer question - back this up with relevant statistics as stated above and you should kill it.
 

hscc

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I'd say for Chapter 4 and 5 especially, revise up on the multiple choice stuff as well - particularly balance of payments categories.
With 30 marks multiple choice, knowing your categories back to front can help not only maximise marks but also maximise time to focus on rest of the test.

A great way to practice these is to grab an economics workbook, I'm not entirely sure but I believe there is a Tim Riley workbook and a Tim Dixon workbook. This should give you plenty of practise for these questions.

For your short answer stuff, a resource I find that helps me a lot is the Dot Point Economics book. It's got sample answers for nearly every possible short answer question - back this up with relevant statistics as stated above and you should kill it.
Thanks! I'll keep reading the textbook, and try to memorise some important stats, even though there's heaps...
 

etxpy

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If I were you, I'd read the textbook over and over again. It is by far the most important resource throughout Y12. If you know the logic behind the explanations in the textbook and you are able to back that up with stats (that aren't just memorised), SAs should be of no concern. Use websites (e.g BOS) and past papers to practice MCs that are related to what is in your test.
 

hscc

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If I were you, I'd read the textbook over and over again. It is by far the most important resource throughout Y12. If you know the logic behind the explanations in the textbook and you are able to back that up with stats (that aren't just memorised), SAs should be of no concern. Use websites (e.g BOS) and past papers to practice MCs that are related to what is in your test.
Cheers! What do you mean 'aren't just memorised'?
 

sida1049

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Statistics are especially useful for essay responses and some short answers, but for multiple choice it's pretty pointless (unless if your examiner is cruel enough to throw in a statistics question, but at that point I'd argue that it's not even an economics question so much as it is a memory quiz). I didn't use statistics at all in my final HSC exam (and very scarcely used it throughout my internals) and still managed a Band 6. Though generally, if you can throw in a couple of statistics in your response, you should. Topic 1 and the start of topic 2 doesn't have that many anyway.

20 marks short answer typically means two short answer questions worth 10 marks each, but has three to four parts to each. It's pretty typical for Topic 1 examinations to test you on economic development; what it means, strategies of how nations can improve their economic development, analysing the effectiveness of Australia's (or another economy's) pursuit of economic development. Make sure you're familiar with how globalisation is perpetuated, and a general idea of the impacts it has on individual economics. Regarding the second topic, they're likely to test you regarding the Australian economy, such as the direction and composition of our trade flows and how they've changed over time, and the balance of payments (as calculations in the multiple choice and the discussing of its significance in the short answers).

It's also common for internal examiners to take HSC questions of the last few years.

Short answer questions which are relevant to you from the last few year's worth of HSC exams:
- 2015 Question 24 (globalisation)
- 2014 Question 22 (interest rates + balance of payments, ignore if you haven't learnt interest rates)
- 2013 Question 22 (economic growth)
- 2013 Question 23 (current account deficit)
- 2011 Question 21 (globalisation)
- 2011 Question 22 (balance of payments)
- 2010 Question 21 (Australia in the global economy)
- 2010 Question 22 (globalisation)
- 2010 Question 24 (exchange rates)

As for multiple choice questions, Board of Studies did have an online multiple choice generator for Economics, but it is currently down as I'm writing this post. Perhaps you can try it later.

Good luck!
 

BandSixFix

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Statistics are especially useful for essay responses and some short answers, but for multiple choice it's pretty pointless (unless if your examiner is cruel enough to throw in a statistics question, but at that point I'd argue that it's not even an economics question so much as it is a memory quiz). I didn't use statistics at all in my final HSC exam (and very scarcely used it throughout my internals) and still managed a Band 6. Though generally, if you can throw in a couple of statistics in your response, you should. Topic 1 and the start of topic 2 doesn't have that many anyway.

20 marks short answer typically means two short answer questions worth 10 marks each, but has three to four parts to each. It's pretty typical for Topic 1 examinations to test you on economic development; what it means, strategies of how nations can improve their economic development, analysing the effectiveness of Australia's (or another economy's) pursuit of economic development. Make sure you're familiar with how globalisation is perpetuated, and a general idea of the impacts it has on individual economics. Regarding the second topic, they're likely to test you regarding the Australian economy, such as the direction and composition of our trade flows and how they've changed over time, and the balance of payments (as calculations in the multiple choice and the discussing of its significance in the short answers).

It's also common for internal examiners to take HSC questions of the last few years.

Short answer questions which are relevant to you from the last few year's worth of HSC exams:
- 2015 Question 24 (globalisation)
- 2014 Question 22 (interest rates + balance of payments, ignore if you haven't learnt interest rates)
- 2013 Question 22 (economic growth)
- 2013 Question 23 (current account deficit)
- 2011 Question 21 (globalisation)
- 2011 Question 22 (balance of payments)
- 2010 Question 21 (Australia in the global economy)
- 2010 Question 22 (globalisation)
- 2010 Question 24 (exchange rates)

As for multiple choice questions, Board of Studies did have an online multiple choice generator for Economics, but it is currently down as I'm writing this post. Perhaps you can try it later.

Good luck!
This legend
 

hscc

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Statistics are especially useful for essay responses and some short answers, but for multiple choice it's pretty pointless (unless if your examiner is cruel enough to throw in a statistics question, but at that point I'd argue that it's not even an economics question so much as it is a memory quiz). I didn't use statistics at all in my final HSC exam (and very scarcely used it throughout my internals) and still managed a Band 6. Though generally, if you can throw in a couple of statistics in your response, you should. Topic 1 and the start of topic 2 doesn't have that many anyway.

20 marks short answer typically means two short answer questions worth 10 marks each, but has three to four parts to each. It's pretty typical for Topic 1 examinations to test you on economic development; what it means, strategies of how nations can improve their economic development, analysing the effectiveness of Australia's (or another economy's) pursuit of economic development. Make sure you're familiar with how globalisation is perpetuated, and a general idea of the impacts it has on individual economics. Regarding the second topic, they're likely to test you regarding the Australian economy, such as the direction and composition of our trade flows and how they've changed over time, and the balance of payments (as calculations in the multiple choice and the discussing of its significance in the short answers).

It's also common for internal examiners to take HSC questions of the last few years.

Short answer questions which are relevant to you from the last few year's worth of HSC exams:
- 2015 Question 24 (globalisation)
- 2014 Question 22 (interest rates + balance of payments, ignore if you haven't learnt interest rates)
- 2013 Question 22 (economic growth)
- 2013 Question 23 (current account deficit)
- 2011 Question 21 (globalisation)
- 2011 Question 22 (balance of payments)
- 2010 Question 21 (Australia in the global economy)
- 2010 Question 22 (globalisation)
- 2010 Question 24 (exchange rates)

As for multiple choice questions, Board of Studies did have an online multiple choice generator for Economics, but it is currently down as I'm writing this post. Perhaps you can try it later.

Good luck!
Thanks very much for your efforts, much appreciated. I will start looking at those past papers immediately in the coming weeks!
 

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