Thank you!!
This is very helpful
With the essay, would you have an example or statistic in each paragraph? I have tried to get as many stats to cover all aspects of the syllabus, hence why my trends are 17 pages long as I thought I had to have some sort of trend in each paragraph (i.e. cyclical unemployment 1st paragraph, structural 2nd, long-term 3rd...)
Its good that you have that- I was never really any good at memorising the statistics like that so I worked on connecting the stats. I did know to the question.
Those topics that I listed I I would pretty much know that:
cyclical unemployment -> based on current trends in data -> supply demand
high structural unemployment -> mining boom -> low exports base
infrastructure -> Projected growth of population
hidden unemployment -> falling participation rate -> Long term growth and reduction of UE
etc.
Everything I knew in statistics was basically in the news that last week before the economics test (like the summaries I gave to the news) and then I just linked it in different ways.
e.g if question was on role of Foreign investment in econ growth:
Projected growth of pop. -> Increased need of infrastructure -> Need investment for future growth
Narrow export base -> under-utilization of labor -> high structural unemployment -> low econ growth therefore despite effect of CAD and how beneficial it has been for econ. growth
etc.