• Best of luck to the class of 2024 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page
MedVision ad

My Eco Essays - Plz Gimme some feedbackz~ (1 Viewer)

Joined
Mar 26, 2006
Messages
135
Gender
Female
HSC
2006
One is on fiscal and the other is on macroeconomic policies. Plz gimme some advise and how I can improve. thanku!:)
 

P_Dilemma

Extraordinary Entertainer
Joined
Oct 18, 2004
Messages
752
Location
The Void
Gender
Male
HSC
2006
The second essay seems ok, quite a bit of detail, but might want to expand a little.

What happened to the first essay?!? half of it is missing!

-P_D
 
Joined
Mar 26, 2006
Messages
135
Gender
Female
HSC
2006
P_Dilemma said:
The second essay seems ok, quite a bit of detail, but might want to expand a little.

What happened to the first essay?!? half of it is missing!

-P_D
Oh really? Maybe I sent the wrong file. can u try this one?!

And Thanks for your previous feedback. but can u tell me where should I expand?
 

gnrlies

Member
Joined
May 12, 2003
Messages
781
Gender
Male
HSC
2003
Heres some feedback on one of em
 
Last edited:

gnrlies

Member
Joined
May 12, 2003
Messages
781
Gender
Male
HSC
2003
had a look at the other one

Try n wack some theory. A graph or a model to demonstrate what you are saying.

And by model I mean an equation such as (AD = C+i+g+x-m)
 
Joined
Mar 26, 2006
Messages
135
Gender
Female
HSC
2006
I see. I'll have look at the feedback and put more theory and equations and graphs where possible. thanks heaps guys ^_^
 

nickyroony

BigBlogger
Joined
Feb 13, 2005
Messages
209
Location
Sydney
Gender
Female
HSC
2006
I think you go too much into describing, while the questions asked in extended responses are usually Discuss or Analyse questions.

Just from the top of my head:
1. Maybe mention that though fiscal policy is a macro policy because of the budget outcome (surplus etc), its components are essentially micro (allocation of resources)

2. Multiplier effect - how increase in spending can be multiplied through the economy, thus generating more economic activity if the government inject more funds.

3. You should always try to discuss the limitations of the policy. For fiscal, of course that would be political objectives and that it can't really respond readily like monetary policy to changes in economic conditions because it's used annually by the Federal budget.

That's just my opinion anyway ^^ Good luck!
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top