Sections III, IV - Extended Response (2 Viewers)

[Rafy]

Post your thoughts on the 4 extended response options.

How did you go? Which 2 questions did you choose?

 

[friend177]

Post your thoughts on the 4 extended response options.

How did you go? Which 2 questions did you choose?

Man those were the easiest essay question ever...did fiscal and exchange rate..anything less than an 18/20 for both of them I'll be annoyed.

 

[NubMuncher]

Man those were the easiest essay question ever...did fiscal and exchange rate..anything less than an 18/20 for both of them I'll be annoyed.

Agreed. I spent about an hour on both and wrote so much. Expecting a beast mark for this section to help compensate for the shitty MC xD

 

[determine]

Man those were the easiest essay question ever...did fiscal and exchange rate..anything less than an 18/20 for both of them I'll be annoyed.

what were the other essay options ?

 

[friend177]

what were the other essay options ?

Fiscal or monetary.

Microeconomic reform or Impact of global/domestic economy on our exchange rate

 

[Tennisaddict]

Q25 = how does FP affect eco growth and Y distrobution.
Q26 = how does MP affect unemp and inflation
Q27 = discuss the effect of MER on product and factor markets
Q28 = discuss the impact on the domestic and global eco from changes in the AUD

I did 26 and 27

 

[determine]

wow... how straighforward! 10 times easier than last year

cut-off for band 6 should be considerably higher this year

 

[Morgan1234pooki]

i feel like they gave us good short answers and extended responses to compensate for shit MC

 

[erespall]

i did 26. Monetary policy and 28. Exchange rates :S fml

 

[determine]

i feel like they gave us good short answers and extended responses to compensate for shit MC

most likely!

 

[willstylz]

really straight forward questions, spent about an hour on both.

I did monetary and exchange! loved it

 

[silence--]

man those essays could really not have been better.

ive already had two fiscal policy essays throughout the year (one in first assessment, one in trials) so i had loads of shit to talk about there.

also anyone who predicted exchange rates would be in the exam would have loved q28 i guess.

heres hoping.

 

[milomarc93]

To be honest, the questions were a little too easy and this made it a bit vague me thinks

Who did 25 and 28 and what did you write?

 

[Galladrim]

Man those were the easiest essay question ever...did fiscal and exchange rate..anything less than an 18/20 for both of them I'll be annoyed.

+1

Really not very challenging at all. I had to think more about the answers to the multiple choice than how to answer these.

Absolutely no surprises either, exactly what everyone was predicting- Macro/ Micro, Exchange rates.

 

[CombustionManX]

Agreed. I spent about an hour on both and wrote so much. Expecting a beast mark for this section to help compensate for the shitty MC xD

Same here. I did keep running out of things to write about for the fiscal policy essay though haha, but I managed a solid 6 pages with the hour I had on it. That's the best thing about Economics exams - They give you so much TIME

 

[oscarmanutdfan]

Fiscal for Distribution of income was a bit of a throw-off, I had shit all to talk about except for like tge $4.3bn rural package in the budget. But I wrote a crappy essay. Exchange rates essay was much more simple although I wished it was a China/Globo one.

 

[kev-is-red]

Fiscal for Distribution of income was a bit of a throw-off, I had shit all to talk about except for like tge $4.3bn rural package in the budget. But I wrote a crappy essay. Exchange rates essay was much more simple although I wished it was a China/Globo one.

You surely talked about the automatic stabilisers?

 

[13abie]

I did Micro; beauty of a question, wish I had more time for it and Exchange Rates; also pretty good, except I wrote the US dollar was worth 1.06 Aussie instead of the other way around in my intro, I did it right the rest of the essay but I noticed it just as I was writing my student number at the end.
Expecting around 17-19 for both.

 

[Bobbo1]

wow... how straighforward! 10 times easier than last year

cut-off for band 6 should be considerably higher this year

what would the cut-off be? and what would a raw mark of about 90 get scaled to?

 

[stevey6404]

I did Micro; beauty of a question, wish I had more time for it and Exchange Rates; also pretty good, except I wrote the US dollar was worth 1.06 Aussie instead of the other way around in my intro, I did it right the rest of the essay but I noticed it just as I was writing my student number at the end.
Expecting around 17-19 for both.

Wait a sec...how did you do micro and exchange rate? they're same section...