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Units 3, Economic Activity, examines the factors that affect the price and quantity traded in individual markets. Unit 4, Economic Management, examines how changes in interest rates affect inflation, the rate of unemployment and the rate of economic growth.
• Macroeconomics • Low Inflation • Strong and sustainable economic growth • Full employment • External stability • Equity of income distribution • Aggregate supply policies
• Macroeconomics • Low Inflation • Strong and sustainable economic growth • Full employment • External stability • Equity of income distribution • Aggregate supply policies
Could include: • a folio of applied economic exercises • an essay • a test • a report
Economist, accountant, bank officer, commodity trader, finance manager, hospital administrator, importer and exporter, industrial relations officer, investment analyst, investment banker, management consultant, market researcher, political scientist, retail buyer, statistician, stock broker, taxation agent, treasurer, urban and regional planner, valuer.
Before undertaking VCE Economics, you should have satisfactorily completed Year 10 Economics and demonstrated sufficient competency in all skill areas, or be prepared to complete catch-up work. You must undertake Unit 3 prior to undertaking Unit 4.
Textbook
Mr Adam