HSC Economics Update: Economic Issues

Mar 18, 2014

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!

http://www.imf.org/external/pubs/ft/survey/so/2014/POL031314A.htm

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.

http://www.abc.net.au/news/2014-03-17/abbott-recommits-to-delisting-tas-forests-with-new-liberal-govt/5324926

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!

http://www.imf.org/external/pubs/ft/survey/so/2014/POL031314A.htm

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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Year 11 is all but over. Year 12 HSC Exams are still 30 days away. So what does a CoWorks session look like right now? For our Year 11s, prelims might be over but that doesn’t mean there’s “nothing to do”! This is the perfect window to get proactive: review what you learnt from prelims, understand your Year 12 syllabus, look at past HSC papers and start building the knowledge and exam skills you’ll need when Year 12 begins on 12 October. For our Year 12s, it’s all about turning the lessons from Trials into action. Filling knowledge gaps. Refining and resubmitting responses. Closed-book recall. Exam simulation. Targeting those subjects and tasks you’d rather avoid and making every remaining moment count. No wondering “What should I work on today?” Students walk into their CoWorks session with a clear plan designed around exactly where they are in their HSC journey 💪 #HSCCoWorks #HSC2026 #HSC2027 #examprep

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🚨 ONE SPOT LEFT at Bondi Junction! Our Final HSC Study Bootcamp this September/October is almost full at Bondi Junction with just 1 place remaining. What to expect: ✓ 4 hours of focused, structured exam preparation each day ✓ Dedicated exam simulation ✓ HSC Marker feedback ✓ Support from our experienced coaching team ✓ Accountability to tackle your toughest subjects & tasks ✓ A productive environment alongside other motivated HSC students ✓ Build confidence and momentum heading into the final exams 📍 Bondi Junction — 1 spot left 📍 Places still available at Mosman, Balgowlah & Chatswood 📅 Bootcamp Dates Week 1: Monday 28 September – Friday 2 October Week 2: Tuesday 6 October – Friday 9 October ⏰ 10am–2pm daily Don’t miss out on the final Bootcamp of your HSC campaign🔥 https://hsccoworks.com.au/bootcamp/

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🔥 FINAL HSC STUDY BOOTCAMP Finish your HSC campaign with zero regrets, knowing you gave it everything you had. Our final Study Bootcamp of the year is all about making those last few weeks count. 🔥 Boost your productivity with focused, structured exam training. 💡 Stay motivated alongside other students pushing towards their goals. ✅ Get exam ready with unseen questions, practice under pressure and accountability to tackle those ‘frog’ subjects and tasks you’d rather avoid! ⏰ Four focused hours each day, supported by HSC CoWorks coaches who know what it takes to navigate the final stages of the HSC. 📅 Monday 28 September - Friday 2 October (ALMOST FULL) and Tuesday 6 October - Friday 9 October ⏰ 10am–2pm 📍Balgowlah, Bondi Jct, Chatswood, Mosman

For most Year 12 students, Trial Exams are officially behind you! 🎉 Take a few days to switch off, reset and enjoy the feeling of having made it through!

Then it’s time to turn your attention to the final stretch. Trials aren’t meant to be perfect. They’re exactly what the name suggests, a trial run for the real thing.

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The next few weeks aren’t about starting again. They’re about refining, improving and building confidence from everything you’ve already done.

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#HSC2026 #HSCTrials #HSCStudy #Year12 #HSCTips

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For most Year 12 students, Trial Exams are officially behind you! 🎉 Take a few days to switch off, reset and enjoy the feeling of having made it through! Then it’s time to turn your attention to the final stretch. Trials aren’t meant to be perfect. They’re exactly what the name suggests, a trial run for the real thing. So embrace the mistakes. Look closely at where marks were lost. Get feedback. Work out what needs to change and adjust your approach. The next few weeks aren’t about starting again. They’re about refining, improving and building confidence from everything you’ve already done. You’ve come this far. You’ve got this. 💪 #HSC2026 #HSCTrials #HSCStudy #Year12 #HSCTips