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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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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What should you do in the final 24 hours before an HSC exam? In this episode of the CoWorks Podcast, Caitlin and Jesse share practical tips for light, targeted revision, practicing under exam conditions, managing burnout, and calming exam anxiety so that you can walk into your final HSC paper feeling prepared and focused. #linkinbio #hsccoworks #hscstudytips #hsc2026 #hsc