General Thoughts: Economics (3 Viewers)

[atargainz]

and i wrote 4

wouldn't 20 be like 3000 words

20 with "small to medium" handwriting will be more like 5000 lol, I wrote 5 pages with about 12-15 words per line which is approx 1k-1.1k

 

[myinnermonkey]

http://projectacademy.com.au/2015_HSC_Economics_Solutions.pdf

 

[sadpwner]

Dude the international division of labour was fucking specialisation of labour you retards. It's about comparable advantage. I don't know what you guys are on about.

 

[Ekman]

Dude the international division of labour was fucking specialisation of labour you retards. It's about comparable advantage. I don't know what you guys are on about.

Calm down mate lol

 

[RecklessRick]

It's about comparable advantage.

>inventing your own terminology

Neato

 

[teridax]

Dude the international division of labour was fucking specialisation of labour you retards. It's about comparable advantage. I don't know what you guys are on about.

Sorta, but you didn't really need to cite specialisation of labour, so much as international division of labour which is precisely what the short answer question is asking. But dude:

>says it's about comparable advantage
>doesn't realise such a term doesn't exist
>realises it's comparative
>realises the irony of his claim

 

[sadpwner]

Sorta, but you didn't really need to cite specialisation of labour. But dude:

>says it's about comparable advantage
>doesn't realise such a term doesn't exist
>inb4 realises it's comparative
>inb4 realises his mistake and engages in philosophical rhetoric

lol

I wrote comparative advantage in the exam. Just misspelled it here. lol. Specialisation of labour is one of the things you can mention. I wrote about a few shit.

 

[teridax]

I wrote comparative advantage in the exam. Just misspelled it here. lol. Specialisation of labour is one of the things you can mention. I wrote about a few shit.

fair enough, but no need to vent it lol

 

[diladial]

if no one posted this yet here's a link to MC answers to reck lives http://projectacademy.com.au/2015_HSC_Economics_Solutions.pdf

 

[HecticSandWitch]

Dude the international division of labour was fucking specialisation of labour you retards. It's about comparable advantage. I don't know what you guys are on about.

"yeah u like that u fuckin retard"

 

[Mikes]

17 on q25, 16 on q28

Was very happy, some interesting questions in there.

What did you write about? That seems well over 4000 words, so more than 2000 words per essay.

 

[Zlatman]

I thought I went okay, but man, after reading some of the comments on here!

I think I got 18 for MC (forgot to count reserve assets, rip), which I'm alright with, and the short answers and essays were okay, so I hope I managed to write some decent answers for those.

On the bright side, it's done! Well done everyone!

 

[internetgirl]

How were we suppose to answer that NAIRU question? I didn't know what to write and only briefly knew what the NAIRU was.

 

[HecticSandWitch]

How were we suppose to answer that NAIRU question? I didn't know what to write and only briefly knew what the NAIRU was.

You use your knowledge of the philips curve and/or the short term inverse relationship between unemployment and inflation.

 

[aanthnnyyy]

You use your knowledge of the philips curve and/or the short term inverse relationship between unemployment and inflation.

Since the question asked for 'policy implications' I said that macro policies would not lower NAIRU, but only Micro do

 

[turnerloos]

Since the question asked for 'policy implications' I said that macro policies would not lower NAIRU, but only Micro do

sk i talked bout that too

 

[malcolm21]

Since the question asked for 'policy implications' I said that macro policies would not lower NAIRU, but only Micro do

me too, i said using macro policies only reduce u/e in the short term, but then just increase inflation. therefore mer msut be implemented blah

 

[aanthnnyyy]

me too, i said using macro policies only reduce u/e in the short term, but then just increase inflation. therefore mer msut be implemented blah

Zzzz I think I woulda got 4/5 cos I didn't explain NAIRU.- because in my answer I assumed we all knew what NAIRU was. Stupid mistakes ffs.

 

[Tsonga]

As well as micro policies I said fiscal policy can be used for retraining programs

 

[HecticSandWitch]

Since the question asked for 'policy implications' I said that macro policies would not lower NAIRU, but only Micro do

This is correct. You had to state that macro policies would lead only to increased inflation and a short term decrease in unemployment whilst micro policies will bring down the structural level of unemployment