Topic 3 of the HSC Economics Course looks at 6 economic issues in an Australian context. These issues are what pervades the content of the daily news and as such, there is so much information that can be included in essays beyond the theory that is in the textbooks. After all, it is the students that go above and beyond that perform the best.

Below find an article on 3 of the 6 economic issues. Part 2 to follow next week…

Economic Growth 

This article from The Australian looks at the relationship between Australia’s current economic growth as a result of monetary policy and rising household demand and expenditure. Excellent for topic 3 and 4!

Environmental sustainability 

A very topical issue of late is that of the Liberal government’s commitment to unlist some of the World Heritage site of Tasmania forest in order to grow the forestry industry. Whilst there are no doubt some short term economic benefits, what are the environmental impacts long term? This is of growing importance in the world of economics.

Distribution of income and wealth

This article is an overview from the International Money Fund about effective ways to cut inequality through fiscal means. Useful for essay questions on topic 3 and 4!

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.