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  1. i-color

    Micro/Macro economic reforms

    introduction of enterprise bargaining...protection policies reform eg lower tariffs etc.....restructuring export market....etc
  2. i-color

    economic policies and management

    try the rba website where they talk about the current stance of the economy and how govt are pursuing these objectives :D
  3. i-color

    Dont you reckon..

    hey yeah i have...my school's like near there....st george girls.
  4. i-color

    HELP! - inflation

    wel u pretty much listed them all already. but inflation is mainly monetary policy where the RBA targets a 2-3% inflation. And that has been very effective since inflation has been low for the past decade or so (except for the one off blow out in 2000-2001 du eot the effect of the GST) Fiscal...
  5. i-color

    Dont you reckon..

    hahaha really?.....it's cos i have to use stupid cjb.....cos the site is on my optus server. which means the address name would be some great long name eg www.optusnet.com.au/members/i-color.index or something along those lines.....which no one would remember. *sigh* if someone can host me...
  6. i-color

    2004 Australian Budget Analysis

    lol oops....didn't read it properly
  7. i-color

    Enviromental market failure HELP

    well ignore the kyoto protocol.... say for example if u had a tax on emitting pollution. when you have market failure, it's because the price of a good doesn't take into the negative externality. So your supply curve is just your cost of production. If you tax producers by the amount of their...
  8. i-color

    economic policies and management

    eco growth- successful (currently entering 13th year of strong eco growth.....slight easing now but strong nevertheless) unemployment- successful (5.5% lowest in decade) inflation- successful (due to sound monetary policy aimed at targeting inflation at 2-3%) external stability- not as...
  9. i-color

    Questions on the 2004/05 Budget..help plzz :(

    i think what you're talking about caramba is fiscal consolidation, which is where the govt's medium term goal is to achieve a fiscal balance over the course of the business cycle. this just means that in times of hihg eco growth, the govt can budget for surpluses and low eco growth can...
  10. i-color

    Lrpc

    the LRPC is becase in the long run, unemployment tends to stay where it's NAIRU/natural rate of unemlpyment is. ie if your natural rate of une is 5.5%, in the short term, it could go above or below this rate and thus the short run phillips curve occurs (where une can reach above NAIRU and...
  11. i-color

    help economic performance essay

    personally i think that grouping it in policies is a much better way but it really depends on what you think. it might be hard to group issues, because you would be repeating yourself when u discuss the policies in relation to each issue. Wen talking about micro go specific.....as in...
  12. i-color

    2004 Australian Budget Analysis

    erm.....perhaps try www.leadingedgecom.au they have a whole budget 'special' with its effects on each eco issue....i find it quite useful
  13. i-color

    Dont you reckon..

    lol i just entered this thread and i come across my name.....lollll! BTW, regarding the first female PM, i'm actually gonna be the first asian female governor of the RBA.....MUAHAHA. actually u should visit my site.....and u will find the magazine cover that i got for my bday from my friends...
  14. i-color

    Enviromental market failure HELP

    one u can use is the kyoto protocol which attempts to reduce CO2 emissions...however the govt refuses to ratify the treaty rendering it ineffective in reducing emissions....
  15. i-color

    What do you think of the lecturers so far?

    Accounting---> ASHER!!!!! I have him for tutorials...he's the best. Teaches everything so simply....actually jeff and robert are also good Micro---> I think stegman teaches alright.....but NOTHING BEATS MY HIGH SCHOOL ECO TEACHER!!!!! hahaha. Her name was Ms Sharp and she's the bestttttt...
  16. i-color

    help economic performance essay

    yep that's definitely how you would be setting out ur essay. talking about the three policies and its impact on EACH of the 6 issues. so how fiscal policy affects growth, une, inflation etc because eco performance does not just mean eco growth. it means low unemployment, price stability (ie low...
  17. i-color

    pros and cons of microeconomic reform

    major pros of micro reform- improves dynamic, technical, allocative efficiency and also improves international competitiveness.
  18. i-color

    Please help with other questions

    capital financial account
  19. i-color

    Question about 2004 budget

    that is a very broad question....it can impact on all the different aspects in the economy in different ways. overall it has a mildy expansionary effect since fiscal surplus decaresed from last year....
  20. i-color

    Please help with other questions

    I'm only going to answer your questions briefly because most of them are relatively big topics that are covered in detail in your textbook... 1. Net foreign debt is part of KAFA, and using offsetting quality between Current account and KAFA --> inflow of foreign debt into australia causes a...
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