paddydbarry
Member
Okay well i'm confident on 17 on my multi choice. Maybe 16.
Short answer out of 40 was good, 5 lost at most so lets say 36/40.
Essay one question 26. It was asking What were the effects of the changing global economy (i.e globalisation) over the past two decades had on the structure of our industries.
Talk about changing industry production.
- Moving away from manufacturing
- Moving away from Agg.
^ due to
- due to the GLOBALISATION PROCESs
- removal of import tarrifs
- introduction of FTAs, SEATO
- Importance of WTO in promoting trade
then how because of globalisation comparative advantages in industries shifted
- Talk about how that effects COMPARATIVE ADVANTAGE & OPPORTUNITY COST
Then refer to china Growing population and how they are sourcing us for education (for our eduction)
Education industry grow
More efficient Mining industry (labour and mirco reform) as well at just utilising the potential of our natural resources.
Mark prediction for that essay please.
Question 28. Policies
- Argued that the government uses both macro and micro to successfully achieve goals.
did a big paragraph on each
- Unemployment (linked to inflation via phillips curve) (fiscal/monetary)
- Inflation (fiscal) (micro supply/efficiency of labour, pull down cost push inflation (link to inequality))
- Economic growth (fiscal, monetary, micro (labour) )
- Income inequality (Fiscal, via welfare transfer payments)
- Environmental (microeconomic)
A mark for that please.
A mark out of 100. (scaled & non-scaled)
Thanks.
Short answer out of 40 was good, 5 lost at most so lets say 36/40.
Essay one question 26. It was asking What were the effects of the changing global economy (i.e globalisation) over the past two decades had on the structure of our industries.
Talk about changing industry production.
- Moving away from manufacturing
- Moving away from Agg.
^ due to
- due to the GLOBALISATION PROCESs
- removal of import tarrifs
- introduction of FTAs, SEATO
- Importance of WTO in promoting trade
then how because of globalisation comparative advantages in industries shifted
- Talk about how that effects COMPARATIVE ADVANTAGE & OPPORTUNITY COST
Then refer to china Growing population and how they are sourcing us for education (for our eduction)
Education industry grow
More efficient Mining industry (labour and mirco reform) as well at just utilising the potential of our natural resources.
Mark prediction for that essay please.
Question 28. Policies
- Argued that the government uses both macro and micro to successfully achieve goals.
did a big paragraph on each
- Unemployment (linked to inflation via phillips curve) (fiscal/monetary)
- Inflation (fiscal) (micro supply/efficiency of labour, pull down cost push inflation (link to inequality))
- Economic growth (fiscal, monetary, micro (labour) )
- Income inequality (Fiscal, via welfare transfer payments)
- Environmental (microeconomic)
A mark for that please.
A mark out of 100. (scaled & non-scaled)
Thanks.