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regarding your 2nd question basiclaly under a floating exchange rate system, Demand for AUD = Supply of AUD Exports + K inflow + Income credts = Imports + K outflow + income debits therefore rearranging gives (M-X) + (Y debits - Y credits) = K inflow - K outflow ie CAD = KAFAS or CAS =...

yeah govt policies have shifted towards internal balance which includes what paully said external stability involves lowering CAD and trade etc

u talking to me? i'm simone.......haha

yeah i'm confused.........wat the hell......it should be lower part yeh?

isn't the top part of the PPC the elastic bit?

so who are all u ppl? mraverage??.......name? i know who u are tib.....haha

but no one wants me to tutor them :| hahaha got micro test tomorrrroooo!!!! issit harddddd?

hey who are u newbie? wats ur name?

yeah it's not in the syllabus, but if you get the general jist of it it's alright....like it sounds good just to chuck it into an essay or something. i chucked it in in my hsc exam.....ehehe. bascially Twins deficit argument is that by decreasing investment or govt public borrowing, or...

the multiplier effect is just basically how one small change in the economy can lead to enormous impacts as this change is felt through the different stages of the circular flow. for example, suppose that consumer's real income increases. This would lead to increase in consumption as they...

i did the hsc last year and i always like to put a mixture of definitions and recent trends etc in my intros. For that question i suggest something like, Due to increased Globalisation all around the world leading to decentralisation of the world's capital and financial markets, Australia's...

I did eco and ancient history in yr 11 and 12 i thought both were really good.....but personally i loved eco so i recommend eco :D

ooo thanks! that website is pretty good! After reading that, I think i am definite i want to do economics. that's where i'm most interested.

Ohh well I want to major in economics.....so I think I'll stick with a Bec...i want to become a professional economist. :D What's financial economics like? And also, do you have any idea about that academic advisory day at unsw? I can't attend them...cos I've got the all roudners ceremony on...

So do you recommend doing commerce or economics? Like if I'm just gonna be majoring in economics in my commerce degree, is it jsut the same to do economics rather than commerce? I just don't have to do accounting in economics right?

ohhh.....so which one would you recommend? my friend says economoetrics is very useful nowadays because economics has become so quantitive.....but i don't really like mathematics. Is economics major just plain economic theory etc?

It sounds just like mock trial comp at school but slightly easier because you don't have witnesses and stuff...and it's more legal knowledge. Mock trial was just us arguing without any legal knowledge whatsoever. I think it'll be fun

Just want to ask...are there only THREE majors to choose from for economics? I'm doing economics/law....which means i can only do one major. does that mean my major is either going to be economics, economoetrics or financial economics? What's the difference between them? So i won't be able...

alex salib came first in legal and i'm friends with her....she told me she got 98. Laz said they use the unrounded hsc mark and unrounded assessment mark....so they could've gotten 98.4 and stuff like that....so u don't know what you got and what you came

Well as Laz said, they count it by the unrounded assessment mark and the unrounded exam mark...therefore you don't know what you got. Well Alex Salib definitely came first...and she told me she got 98 for legal.