VCE Stuff > VCE Economics
End of year exam
marbs:
What do you think Section B will mainly concern?
Oil Prices
Credit Crisis
Skilled Labour Shortage
My teacher said they write the exam early in the year so that would exclude world economic conditions, which will likely be on it next year.
I think it will be something about Oil and its effect on supply
Also is everyone find this the longest subject to study for? Do people find it as interesting as I do?
AppleXY:
IMO, I don't know how they could formulate a question about the global credit crunch. If they did, it wouldn't tie directly to the incident as higher level economics of finance isn't taught at VCE level ( :( ) .
My opinion:
- Monetary Policy
- Efficient allocation of resources
- BAF, Building Australia Fund within Budgetary Policy.
costargh:
--- Quote from: marbs on October 01, 2008, 11:30:15 am ---Also is everyone find this the longest subject to study for? Do people find it as interesting as I do?
--- End quote ---
I think it will be the subject I need to dedicate the most time to to get a good mark in. I've revised most of chapter 3 but I need to get into more detail. There are all these little things that I don't exactly know. It shits me :(
But definitely interesting! Most interesting subject I do.
ReVeL:
Yeah, I really like eco and knowing how things in the world actually work.
In terms of the exam, it is made early in the year hence is unlikely to have any questions on new economic circumstances, however you're of course still allowed to refer to whats happening at the current time.
In section B, I've been thinking it could relate to:
- Exchange rate(except its been used so much on Eco exams they might give it a rest).
- Skills shortage.
- Petrol/Oil prices.
- Interest rates.
So sort've the same as marbs.
costargh:
Has anyone got "Australian Economic Statistics- Trends, Objectives and Policies- Warringal Publications"?
I've got it but haven't read through it all yet but it's pretty good. It goes through all the trends and stuff. There is also another accompanying book but my friend has that one as we bought both of them and share them.
It might be good to use for exam prep.
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