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Yes but usually due to dodgy ingredients and not a dodgy oven :)

yes this is correct. Lars Svensson of the ECB has termed this as "inflation forecast targeting" i.e., make sure that the forecast rate (in 12-18 months) is between the desired level Well certainly the board is there to guide decision making but a vote is not taken. The governor and deputy...

Re: Quiz? This is a good idea This has been done in the past where someone posts a question, then the next person answers and asks a new question, and the cycle goes on and on until the HSC

I hate these types of threads, they always end up being so lame. First of all, for undergraduate studies, just about every university in Australia (including Western Syd) will provide a fairly robust and high quality commerce program. It is true that in some professions like Law, it can be...

Just a note in general about globalisation and inequality. Dont fall into the trap of thinking that inequality caused by globalisation is a bad thing. It just is how it is. Most of the inequality (almost all) comes from one section of the community (usually urban as is the case in china)...

Ok Ok Ok, lets keep things friendly here... If you want to make a positive contribution we would appreciate it moll. Some comments about the original post. Governments are not so concerned with trade performance when examining the potential stance of macroeconomic policies. Trade policies...

Actually italy is a very interesting economy to examine. In particular its integration into the EU has had very specific influences within the Italian economy. Italy is not too different to many of the more commonly studied countries except that many of the key changes occured earlier (starting...

Yes well the maths can often suck the fun out of economics, but this being said, it is important to know so I suppose they need to get the basics out the way (in first and second year) and get to the fun stuff later. Its a bit like learning to spell before you learn how to write novels. You will...

Yah its a good unit... If you are thinking about doing honours then you need to take it (question is whether you do it in your honours year or before hand). Some general comments: Dont do it if you dont like reading, and writing essays. It is not a technical subject at all, so your grasp...

Why do you instinctfully go for the negatives? China is by far the fastest growing major economy on the planet. Theres a starting point.

Trade liberalisation is definately a common strategy aimed at promoting growth, signing an environmental treaty is actually prohibitive to growth (usually). I suspect you are asking this with reference to your case study. If this is the case you might want to look at some of its policies...

Yes of course, but you dont need to put time series graphs in your essays anyway. So why waste your time making them up?

'Bullshitting' a graph? how is this possible? You shouldn't have to be plotting a graph with real values in an eco essay anyway so you would either know the graph or you wouldn't. Whatever graph you 'bullshit' will convey some kind of meaning to the reader so you can't exactly pull it from...

This is not true. I mean you do need to answer the question, but to get a band 6 mark you are required to use relevant statistics. However there is no point giving stats that arent relevant to the question. In economics you want to demonstrate your points (either with a graph, identity /...

Ah see now you talk about two different things Export prices is not the same as export incomes. Export prices is simply the price, whereas incomes refers to the revenues. What Riley appears to be referring to is the J curve effect. The J curve is a graphical representation of delayed...

Well I would say the following. How you communicate is extremely important in any field because if you cannot communicate effectively no-one knows what the hell you are on about, and it is harder to demonstrate knowledge and understanding. If your sentences sound muddled it indicates that...

I dont have a copy of tim riley on hand so cant refer to exactly what he says, but usually there are a few dimensions to consider such the following: -Short run effects -Long run effects -Prices -Revenues -Price taker markets It is important not to confuse them Australian...

Consider looking at iceland.... (thats iceland not ireland) Although you may not consider looking at iceland for your HSC exam, it is definately a good case study to do for the financial crisis

First and second year is the same. You will learn from the same textbook. Third year and electives might be slightly diferent. Mac uni has a particular policy focus in third year, and also a focus on international economics for its electives. Oh and it should be said that finance and...

Id not do it. Why be so lazy as to not find out the real ones? It is the HSC exam worth 50 per cent of your marks afterall.