Extended Response Questions

[deledio]

what structure do you use or what structure works best when answering the questions with higher marks? those ones with 8+ marks

last year there was one: With reference to Australia's economic performance, evaluate the effectiveness of Australia's current macroeconomic policies in achieving domestic stability (

in 2006: Examine the role of budgetary policy and microeconomic reform policies in achieving the economic objectives of stromg and sustainable economic growth and an efficient allocation of resources in the govt policy mix over the past 3 years (

[Eriny]

Firstly, plan the question. The structure doesn't have to be too sophisticated, it's not an English exam.

For the 2007 question:
- Define domestic stability and Macroeconomic policy. What does macroeconomic policy aim to achieve in relation to domestic stability?
- Define budgetary policy and answer the question: how has budgetary policy affected domestic stability? Did it achieve its aim?
- Define monetary policy and answer the question: how has monetary policy affected domestic stability? Did it achieve its aim?
- You might look at whether the two policies were complementary or not.

For the 2006 question:
- Define budgetary policy and its aims related to the objectives
- How has budgetary policy affected the 2 objectives? Did it achieve its aims?
- Define microeconomic policy and its aims related to the objectives
- How has microeconomic policy affected the objectives? Did it achieve its aims?

Showing that you know the theory and then putting it into practice with examples is the way to go here. Also, make sure you do 'evaluate' and 'examine' overtly.

[paully08]

awesome as Eriny! that really helps, i always get stuck writing too much lol.