Exam questions (1 Viewer)

azza_3761

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Just in case anyone is looking for any questions to help with half yearlies i've found these questions on all the topics @ http://www.studentnet.edu.au/library/Subjects/Economics/EconomicsYr12HSCSampleQsns.htm#three.

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Topic 1. The Global Economy.

1. Examine the main features of the global economy and the nature and extent of interdependence between economies.

2. Assess the impact on the global economy of international organisations and contemporary trading bloc agreements.

3. Discuss the impact of globalisation on standards of living in the global economy and the effect globalisation has had on countries with differing levels of economic development.

4. Analyse the impact of globalisation on an economy other than Australia; including the strategies used by that economy to promote growth and development.

5. Examine the impact of globalisation on unemployment, inflation and external stability.

6. Analyse the impact of globalisation on government economic policies.

7. Assess the main factors that influence the international business cycle.

8. Assess the potential impact on the environment of economic development.

9. Discuss the effects of protectionist policies on the global economy.

10. Evaluate the impact of reduced levels of protection on developed and developing nations in the global economy.

11. Explain how and why nations protect domestic industries.

12. Examine the consequences of the unequal distribution of wealth.

13. Examine the impact of globalisation for an economy you have studied other than Australia.

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Topic 2. Australia’s Place in the Global Economy.

1. Examine recent trends in the composition and direction of Australia’s trade flows.

2. Analyse the relationship between Australia’s foreign liabilities and Balance of Payments.

3. Examine the recent trends in the size and composition of Australia’s balance of payments and the issues associated with Australia’s balance of payments.

4. Examine the nature of and influences on Australia’s Capital and Financial Account.

5. Examine the effects of a continuing current account deficit on the Australian economy.

6. Analyse how globalisation has affected individuals, firms and government in Australia.

7. Examine the consequences of a high level of foreign debt on the Australian economy.

8. Analyse the relationship between the terms of trade, international competitiveness and structural change in the Australian economy.

9. Critically analyse the different methods of exchange rate determination used in countries around the world.

10. Analyse the impact of a depreciation of the Australian dollar on the Australian economy.

11. Evaluate the reasons for international protectionist policies and their impacts upon the Australian economy.

12. Examine the changes in Australia’s free trade and protectionist policies in recent years and their impact on the Australian economy.

13. Evaluate the impact of globalisation on the Australian economy.

14. Examine the impact of changes in the global economy on Australia’s economic performance.

15. Analyse the relationship between international competitiveness and structural change in the Australian economy.

16. Examine the relationship between the current account deficit, net foreign debt, and net foreign liabilities.

17. Examine the factors that cause the value of the Australian dollar to fluctuate, and the impacts of these changes.

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Topic 3. Economic Issues.

1. Examine the arguments for and against increasing economic growth rates.

2. Analyse the economic and social problems created by unemployment.

3. Analyse the impacts of inflation on the Australian economy.

4. Outline the causes of inflation in the Australian economy.

5. Examine the consequences of high levels of unemployment and high levels of inflation on the Australian economy.

6. Discuss the benefits and costs of low inflation for the economy.

7. Analyse the effect of a continued current account deficit on the Australian economy.

8. Examine recent trends in the distribution of income in Australia and the impact of specific economic policies on this distribution.

9. Outline how income and wealth are distributed in Australia.

10. Analyse the economic and social costs and benefits of inequality in the distribution of income.

11. Identify some of the main environmental issues currently facing the Australian economy, and suggest economic solutions to them.

12. Examine the economic issues associated with the goal of ecologically sustainable development.

13. With reference to a contemporary environmental issue, analyse the economic arguments for and against resource exploitation.

14. Explain the private and social costs and benefits of environmental management, making reference to at least one Australian environmental issue.

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Topic 4. Economic Policies and Management.

1. Examine the objectives of the current policy mix in the Australian economy.

2. Analyse the methods by which governments can finance a budget deficit and the impact of each on the economy.

3. Explain the impact of the current policy mix on the economy.

4. Outline policies that may be used by the government to reduce unemployment and inflation.

5. Examine the government's use of macroeconomic policy to meet its economic objectives?

6. Explain why governments use microeconomic policies in addition to macroeconomic policies.

7. Analyse the impact of a change in interest rates on the Australian economy.

8. Examine recent changes in Australia’s trade and industry policy and the anticipated effects of these changes.

9. Explain why Australia has moved from a centralised to a more decentralised system of industrial relations.

10. Outline the current methods for wage determination in Australia.

11. Evaluate recent labour market policies in Australia.

12. Examine the limitations on policy implementation for governments in Australia.

13. Discuss the policies which Australian governments have used to address the issue of economic growth.

14. Discuss the policies which Australian governments have used to address the problem of unemployment.

15. Discuss the policies which Australian governments have used to address the problem of inflation.

16. Discuss the policies which Australian governments have used to address the problem of external stability.

17. Discuss the policies which Australian governments have used to address the issue of distribution of income and wealth.

18. Discuss the policies which Australian governments have used to address the issue of environmental management.
 

azza_3761

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*Analyse the link b/w the various components of the BOP

*Analyse the link b/w Australia's BOP and its exchange rate

*Discuss the impact of free trade for the global economy

*Analys the impact of international agreements and
organisations on globalisation.
 

azza_3761

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If anyone else has any exam questions that they did for their half yearlies or have done previously can you please post them for everyone else
 

roadcone

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Here is an assortment of past exam questions that I have, they are a compilation of both various schools exam questions and trials. Hope they are of some help...

TOPIC 3+4
Explain the main causes of inflation, the effects of inflation and govt policy initiatives to reduce inflation

Explain the role of monetary policy in achieving the economic goals of full employment, inflation and economic growth

Explain how macroeconomic and microeconomic policies may be used to achieve external balance for the Australian economy [2004 Catholic Trial]

Discuss the effectiveness of monetary policy and other economic policies in achieving price stability in Aust [2003 Independant Trial]

Discuss the use of fiscal policy in achieving the govts economic objectives in Aust [2003 Independant Trial]

TOPIC 1+2
Analyse the role played by economic policies in promoting globalisation in EITHER the Australian economy OR an economy other than Aust [2004 Catholic Trial]

Analyse govt policies that may influence the distribution of income in Aust [2004 Catholic Trial]

Analyse the impact of globalisation on Aust's BOP and evaluate govt policies to improve Aust's international competitiveness [2003 Independant Trial]

Discuss the characteristics of globalisation and analyse its impacts on the economic development and living standards of an economy other than Aust [2003 Independant Trial]

Outline the indicators of globalisation and explain how globalisation has affected an economy other than Aust [2001 Trial]

Explain why the Australian exchange rate fluctuates and discuss the effect of these fluctuations of the Aust eco [2001 Trial]
 

sunjet

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Explain why the Australian exchange rate fluctuates and discuss the effect of these fluctuations of the Aust eco [2001 Trial]

did that in half yearly.

i've got an assessment on:

17. Discuss the policies which Australian governments have used to address the issue of distribution of income and wealth.
8. Examine recent trends in the distribution of income in Australia and the impact of specific economic policies on this distribution.

9. Outline how income and wealth are distributed in Australia.

10. Analyse the economic and social costs and benefits of inequality in the distribution of income.
 

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