Drifting95
Should i change my DP?
Hey everyone,
Here are my predictions for the 2014 HSC Economics exam.
DISCLAIMER:In no way am i stating these questions will be in the HSC exam, they are simply my recommendations on what you should pay particular attention to. Ensure you study for all other topics, there is no shortcut to ensuring a band 6.
Macroeconomic and Microeconomic policies addressing - Very likely
• it appears in most years
• Over the last 2 years it has not specified what policy- for this reason I believe there will be an option for specific macroeconomic or microeconomic policies
• Fiscal policy Is a relevant issue in our economy so I think that is more likely as monetary policy has been fairly stable over the last 18 months, however you may get the option to either monetary or fiscal
• Independent paper has both macro policies and micro as separate essay questions- this is also a good indicator
• I believe they will not specify the economic objectives required as this was done in 2013
External stability/Balance of Payments/CAD- Very likely
• Balance of payments has only come up 3 times in the last 8 years
• In 2012 the Balance of Payments was present, for this reason I believe there is a LIKELY chance it will be a specific question ONLY on the CAD
• CAD was present in the 2014 independent paper
Environment- Potentially
• This last came up in 2010
• Environmental sustainability were short answer questions in 2013
• This topic is becoming increasingly popular in the subject over the last few years, more and more short answers have come up so I believe they will finally focus on an extended response
• Students tend to skip this part of the syllabus so it is a potential ‘curveball’ question
International agreements/free trade- Very very unlikely
• it was present in the 2013 paper
Globalisation/Case Study-Unlikely
• Case study is unlikely as it was used in 2012
• This topic is unlikely and I believe it will be used in the short answer questions instead
Exchange rates-Very unlikely
• Last used in 2013
• It is a major issue in the Australian economy, however due to its regularity in the last 3 years (has been used twice) it is VERY VERY unlikely
Unemployment- 99% unlikely
Other potential topics that MAY come up randomly
- Labour markets
Here are my predictions for the 2014 HSC Economics exam.
DISCLAIMER:In no way am i stating these questions will be in the HSC exam, they are simply my recommendations on what you should pay particular attention to. Ensure you study for all other topics, there is no shortcut to ensuring a band 6.
Macroeconomic and Microeconomic policies addressing - Very likely
• it appears in most years
• Over the last 2 years it has not specified what policy- for this reason I believe there will be an option for specific macroeconomic or microeconomic policies
• Fiscal policy Is a relevant issue in our economy so I think that is more likely as monetary policy has been fairly stable over the last 18 months, however you may get the option to either monetary or fiscal
• Independent paper has both macro policies and micro as separate essay questions- this is also a good indicator
• I believe they will not specify the economic objectives required as this was done in 2013
External stability/Balance of Payments/CAD- Very likely
• Balance of payments has only come up 3 times in the last 8 years
• In 2012 the Balance of Payments was present, for this reason I believe there is a LIKELY chance it will be a specific question ONLY on the CAD
• CAD was present in the 2014 independent paper
Environment- Potentially
• This last came up in 2010
• Environmental sustainability were short answer questions in 2013
• This topic is becoming increasingly popular in the subject over the last few years, more and more short answers have come up so I believe they will finally focus on an extended response
• Students tend to skip this part of the syllabus so it is a potential ‘curveball’ question
International agreements/free trade- Very very unlikely
• it was present in the 2013 paper
Globalisation/Case Study-Unlikely
• Case study is unlikely as it was used in 2012
• This topic is unlikely and I believe it will be used in the short answer questions instead
Exchange rates-Very unlikely
• Last used in 2013
• It is a major issue in the Australian economy, however due to its regularity in the last 3 years (has been used twice) it is VERY VERY unlikely
Unemployment- 99% unlikely
Other potential topics that MAY come up randomly
- Labour markets
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