Economics Predictions/Thoughts (2 Viewers)

[Lex Orwell]

Did everyone find the multis this year easy or hard??

 

[bigbird102]

personally i think the only ones that I was second guessing were questions 17 and 20. i do believe tho that these multis were either similar or maybe a tiny bit harder than last year cause of those questions mainly.

 

[Lex Orwell]

Definitely, its kinds like a theory dump for those ones, very niche skills that are taught but need to be revised to be able to do under exam conditions.

 

[Lex Orwell]

Also for the last essay q 28 I think, you can tie globalisation and protectionism into it with the whole us Tariff debacle that's been going on this year, if you know a few monetary impacts derived from decline in aggregate demand for Chinese goods and the direct impact on Australian firms then tie into free trade with economies like Asean block and India plus subsidy programs like PBS and Future made in Australia then (covering govt policy responses). Does this sound ok?

 

[v.tex]

My essays were pretty shit ngl

 

[soph235897]

My essays were pretty shit ngl

me too i feel like the essay questions were hard to make good

 

[lawfirm]

Also for the last essay q 28 I think, you can tie globalisation and protectionism into it with the whole us Tariff debacle that's been going on this year, if you know a few monetary impacts derived from decline in aggregate demand for Chinese goods and the direct impact on Australian firms then tie into free trade with economies like Asean block and India plus subsidy programs like PBS and Future made in Australia then (covering govt policy responses). Does this sound ok?

Yeah if you word it as globalisation removed protection but then when foreign nations bring protection back it does this impact (e.g. tariffs); plus current existing protection does this.
Cause it was about what protectionism does

 

[bigbird102]

Also for the last essay q 28 I think, you can tie globalisation and protectionism into it with the whole us Tariff debacle that's been going on this year, if you know a few monetary impacts derived from decline in aggregate demand for Chinese goods and the direct impact on Australian firms then tie into free trade with economies like Asean block and India plus subsidy programs like PBS and Future made in Australia then (covering govt policy responses). Does this sound ok?

personally i didn't like that essay question cause it wasn't rlly a generic protection essay. Trump definitely would've been good to talk about for tariffs but I think a main point is also talking about numerous methods not just tariffs and subsidies. like if u had an example of a quota, local content rules, export incentives, etc, then it should be fine.

 

[bigbird102]

so how do we reckon scaling will be this yr. better or worse than last yr. maybe like 2023 or something