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)

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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2️⃣ Master your content: Daily active recall and spaced repetition, not just writing notes.

3️⃣ Train for the exam room: Practice exam-style questions, work under timed conditions and get feedback on your responses.

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Your first HSC assessments are just weeks away and what you do NOW can make a huge difference to how confidently you tackle your first assessments and the year ahead.
3 things to focus on RIGHT NOW:
1️⃣ Get organised: Know what’s coming up, plan your workload and stop procrastination before it starts.
2️⃣ Master your content: Daily active recall and spaced repetition, not just writing notes.
3️⃣ Train for the exam room: Practice exam-style questions, work under timed conditions and get feedback on your responses.
Finish Term 4 feeling confident, prepared and ready to enjoy a well-earned summer break ! We have broken down exactly what you should be doing over the next few weeks in our latest blog.
👉 Read: 3 Things Every Year 12 Student Should Do NOW Before Their First HSC Assessments. Link in bio!
#HSCCoWorks #HSC2027 #Year12 #HSCStudyTips #HSCPreparation

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🎄 The HSC year moves quickly and by Christmas, you’ll already be 25% of the way through your HSC year!
What you do in these early months can make a huge difference to where you end up.
Your 3 Step To-Do List:
✅ Book 2 x Zoom an Expert sessions in your hardest subjects for extra targeted support.
✅ Start a streak in the portal with daily training across flashcards, practice questions and extended responses.
✅ Submit work to our HSC marking team for feedback NOW, before assessment time.
By the time Christmas arrives, we want you looking back at everything you’ve achieved, knowing you’re building the foundations for an incredible HSC year.
Remember....You don’t have to recover from a great start!
#hsccoworks #hsc2027 #hscmotivation

Mount HSC 2027 has begun and by Christmas you will already be 25% of the way through your HSC year🎄

HSC success isn’t about being the smartest student in the room. It’s about building the habits, mindset and resilience to keep making progress, even when things get tough. The summit isn’t reached in one giant leap before the assessment tasks. It’s reached through the daily habits which you show up for every day along the way.

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Mount HSC 2027 has begun and by Christmas you will already be 25% of the way through your HSC year🎄
HSC success isn’t about being the smartest student in the room. It’s about building the habits, mindset and resilience to keep making progress, even when things get tough. The summit isn’t reached in one giant leap before the assessment tasks. It’s reached through the daily habits which you show up for every day along the way.
Ready to lock in? Start your FREE 14-Day Trial and we will walk side by side you as you climb Mount HSC.
#HSCCoWorks #HSC2027 #HabitsBeatTalent #HSCMotivation #StudyHabits

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Calling all 2027 Year 12 students! Your first Year 12 English assessments will come around so much faster than you expect, so now is your time to get ahead.
Tune in for an episode with Teacher Tim, an English teacher and HSC marker, as he unpacks some of the key points in the texts and human experiences focus area.
In this episode Tim reveals how you can think deeper about what it means to be a human and how you can identify the tensions between agency and conformity, the paradoxes of human motivation and behaviour and how to relate the individual and collective human experience.
#hsc2027 #hscenglish #hsctextsandhumanexperiences #hsccoworks

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