HSC Economics Update: Economic Issues Part 2

Mar 25, 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 the second 3 of the 6 economic issues.

Unemployment

This article from The Australian looks the growing rise in youth unemployment in Australia at the moment. This is a huge contributor to unemployment across Australia and also a very good real life situation to use in your essays on topic 3 and 4!

http://www.theaustralian.com.au/national-affairs/policy/job-scarcity-fuels-social-disaster/story-fn59noo3-1226862647204#

Inflation

A very topical issue of late is that of growing push inflation as a result of the high Australian dollar and economic growth currently occuring. This article looks at some of the specific causes and  effects that this is having.

http://www.afr.com/p/markets/petrol_fruit_and_veg_push_inflation_FCNzGTXldtHIGtW7JyO7TO

External Stability 

In the most recent RBA monthly meeting, they decided to keep the cash rate the same, signalling a “period of stability”. This article looks at what external stability is influenced by growth and inflation amongst other as this article has lots of useful information for essays across topic 3 and 4.

http://www.smh.com.au/business/reserve-bank-keeps-cash-rate-on-hold-as-home-building-continues-to-climb-20140304-3457q.html

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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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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