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HSC Economics Update: The Reserve Bank of Australia

Mar 11, 2014

According to its website the Reserve Bank of Australia:

“conducts monetary policy, works to maintain a strong financial system and issues the nation’s banknotes. The Reserve Bank commenced operations as Australia’s central bank on 14 January 1960.”

The RBA and what is does is highly important to the HSC economic course and can be examined in all four topics.

Here are some useful articles and websites:

1.
The RBA website : http://www.rba.gov.au/education/index.html
The RBA website is an extremely useful resource. It has up to date statistics as well as an education page, just for HSC students.

2.
RBA’s Stevens Says He Doesn’t See Need to Reduce Rates Further : http://www.bloomberg.com/news/2014-03-06/rba-s-stevens-says-very-accommodative-policy-boosting-housing.html
This article deals with interest rates and the flow on effects it has on the exchange rate, housing and other areas of the Australian economy.

3. $A at a 2014 high: http://www.smh.com.au/business/markets/currencies/a-at-2014-high–but-rba-chief-avoids-jawboning-20140307-34asy.html
This article looks at the trends of the exchange rate and its connection to what the RBA does

Make sure that you are keeping up to date with current affairs as the inclusion of these in your answers in the HSC is what will set you apart as a top student.

In other news, some data out of China this week further indicated a slow down which is not good news for the Australian Economy given China is our biggest export market (Coal, Iron Ore)

chinese-exports

HSC CoWorks offers HSC Tuition and HSC Coaching in Sydney across a number of subjects including HSC Economics. Our team is made up of a team of HSC experts. Experienced HSC teachers, HSC markers, high achieving ex-students and certified life coaches. We have been a part of successful HSC campaigns since 1996 and in this time we have worked with 1000s of students as they have made the climb up Mount HSC® to get into their dream University course.

 

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We’re going LIVE this Thursday to answer them.

From essays and quotes… To study balance, trials prep, and everything in between!

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Got questions about the HSC? We’re going LIVE this Thursday to answer them. From essays and quotes… To study balance, trials prep, and everything in between! Join our Head Performance Coach + team as we break it down and give you real, practical strategies you can actually use. 📅 Thursday, April 9 ⏰ 6PM P.S. Bring your questions and we’ll answer them live.

🚨 MARCH RAFFLE – FINAL DAYS TO WIN A $75 WESTFIELD VOUCHER 🚨

Every rep = a shot to win.

Upload a Mind Map → 🎟️ 1 entry
Submit a Challenge Question → 🎟️ 1 entry

The more you submit… the more chances you have. Simple.

But here’s the real win 👇
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🎯 Practice. Submit. Win.

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Open post by hsccoworks with ID 18368604457206181
🚨 MARCH RAFFLE – FINAL DAYS TO WIN A $75 WESTFIELD VOUCHER 🚨 Every rep = a shot to win. Upload a Mind Map → 🎟️ 1 entry Submit a Challenge Question → 🎟️ 1 entry The more you submit… the more chances you have. Simple. But here’s the real win 👇 Every submission = feedback Every feedback = chance for improvement 🎯 Practice. Submit. Win.

One of the biggest mistakes students make in the HSC is trying to avoid getting things wrong.

❌ They delay practice.
❌ They wait until they feel ready.
❌ They leave feedback too late.

Confidence doesn’t come from getting your answers right the first time. It comes from getting it WRONG early enough to improve.

The students who perform best:
✅ Practice questions early
✅ Practice their writing consistently
✅ Get feedback weeks (not days) before exams

🎯 The goal isn’t to avoid failure. It’s to use it, early, so you can walk into exams calm, prepared, and confident.

3 0
Open post by hsccoworks with ID 18124609501586302
One of the biggest mistakes students make in the HSC is trying to avoid getting things wrong. ❌ They delay practice. ❌ They wait until they feel ready. ❌ They leave feedback too late. Confidence doesn’t come from getting your answers right the first time. It comes from getting it WRONG early enough to improve. The students who perform best: ✅ Practice questions early ✅ Practice their writing consistently ✅ Get feedback weeks (not days) before exams 🎯 The goal isn’t to avoid failure. It’s to use it, early, so you can walk into exams calm, prepared, and confident.

The students who stay consistent during the HSC?

They’re not more disciplined. They’re more connected.

Connected to:
🏔️Where they’re going
🏔️ Who they want to become
🏔️ What’s possible if they follow through

Because when your vision is strong, you stop negotiating with yourself.

You don’t wake up and ask: “Do I feel like studying today?”

You wake up and ask: ““What do I need to do today to get closer to the top of Mount HSC?”

5 1
Open post by hsccoworks with ID 18022966271810060
The students who stay consistent during the HSC? They’re not more disciplined. They’re more connected. Connected to: 🏔️Where they’re going 🏔️ Who they want to become 🏔️ What’s possible if they follow through Because when your vision is strong, you stop negotiating with yourself. You don’t wake up and ask: “Do I feel like studying today?” You wake up and ask: ““What do I need to do today to get closer to the top of Mount HSC?”