I have an assessment soon, to do an essay on eco growth (i think). The question is not specified, but i was just wondering if anyone has any essays on economic growth that they can send me? plz.....?
best place to go is the resource page at www.boredofstudies.org then click on resources then u can see which ones u wishh to assist u with the assessment
i know that page helped me heaps when i was in yr 12 and it has even more to offer this year
hmm some tips on eco growth essays....
- write about the multiplier process and make sure u link everything together eg how expansionary monetary policy --> decrease interest rates --> decrease cost of borrowing --> increase spending and borrowing etc --> greater production --> greater income, which means expansion of circular flow and thereofre eco growth
- also it's good to talk about the Aggregate demand equation and that eco growth is a increase in AD
- Remember to emphasise on the fact that the govt is pursuing ecologically sustainable eco growth --> ie eco growth rate that is consistent with low inflation and unemployment and does not sacrifice the future means to gain eco benefit from environment ie intergenerational equity
- talk about the trade off between eco growth and inflation and how higher eco growth means higher inflation --> thus govt is trying to increase the rate of sustainable eco growth that will not mean higher inflation
- talk about how we're currently in our 13th consecutive year of strong eco growth