2009 exam

[xXNovaxX]

hI

What do people think will be on the 2009 exam?

What it be safe to assume a whole question dedicated to the stimulus package? I was hoping they would have something like "what do you think the stimulus package will do to eco growth",  it seems in eco exams they never require you to GUESS or use your knowledge to estimate what will happen in future or with gov. reforms/actions

Anything on the Global Financial Crisis you think?

[andrew4443]

My prediction is that there will be policy mix question along the lines of: How has the governments budgetary, monetary and microeconomic policy came together to adress the GFC/Slowdown in economic activity

[ReVeL]

It will almost certainly be mainly concerned with the GFC and the policys used to combat it.

[xXNovaxX]

I hope so. Because if it did require you to write how GFC affected Australia, and whether stimulus packages are good etc that would be awesome, because it's a pretty broad area to discuss. Hope its those 6 mark q's.

[jerry]

I'm not too sure if we would get any "awesome" questions,

the VCE course seems to be largely about objectives and factors... (which in my opinion is extremely boring)

I doubt there would be question asked to "predict" or "guess". Maybe they'll put a question asking students to evaluate the effectiveness of budgetary policy

in combating the GFC etc.

[kelep]

in the exams they always ask you to state what the government are aiming for.
Eg,
by lowering interest rates to help stimulate growth.

then it may ask based on a whole range of stats, was x policy sucessful in reaching its targets