Overview - Economics Year 12

Economics Year 12 Tutoring at TuteSmart

Ace your HSC Economics studies!

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Available Class Times

12:00pm
Saturday

HSC Economics is one of the most challenging and intellectually stimulating subjects the HSC has to offer. It is a recommended subject for students wishing to pursue a Business, Economics or Commerce degree at university. It is a foundational subject that covers four key core topics that insightfully examine Australia’s domestic economy and its relations with the global economy, specifically in terms of trade. By taking this subject, it will provide students with an insight on Australia’s place in the global economy while examining real life economic statistics and government policies to further enhance and deepen their conceptual understanding.

Studying Economics Year 12, at TuteSmart

To help our students gain an insight into Australia’s economy and the challenges it faces daily, both domestically and internationally, we use tutors who do this on a daily basis. Our tutors study Business, Economics or Commerce related degrees. They are all driven and eager individuals who will assist you in learning the syllabus inside and out so you can smash your HSC goals. To further put this into practice, our program replicates time-pressured exam situations for students to get a feel of what the HSC will be like. Our tutors also provide weekly aesthetically pleasing resources that will consolidate your knowledge and exam technique.

HSC Economics Year 12 Curriculum

Introduction and Course Overview
The Global Economy • Gross World Product • Globalisation • The international and regional business cycles
The basis of free trade • Role of international organisations • Influence of government economic forums • Trading blocs, monetary unions and free trade agreements
Reasons for protection • Methods of protection and the effects of protectionist policies on the domestic and global economy
Differences between economic growth and economic development • Distribution of income and wealth • Income and quality of life indicators • Developing economies, emerging economies, advanced economies • Reasons for differences between nations • Effects of globalization • Trade, investment and transnational corporations • Environmental sustainability • The international business cycle
END OF TOPIC 1 EXAM
China case study • INDIVIDUAL PROGRESS MEETINGS
Exam review • Value, composition and direction of Australia’s trade and financial flows • Trends in Australia’s trade pattern • Trends in financial flows – debt and equity
Australia’s Balance of Payments
Trends in the size and composition of Australia’s Balance of Payments
Measurement of relative exchange rates • Factors affecting the demand for and supply of Australian dollars • Changes in exchange rates
Determination of exchange rates including fixed, flexible and managed rates • The influence of the Reserve Bank of Australia on exchange rates • The effects of fluctuations in exchange rates on the Australian economy • INDIVIDUAL PROGRESS MEETINGS
Australia’s policies regarding free trade and protection • Australia’s multilateral and bilateral free trade agreements • The implications of Australia’s policies for individuals, firms and governments • Implications for Australia of protectionist policies of other countries and trading blocs
END OF TOPIC 2 EXAM
Exam Review • Economic Growth
Economic Growth • Unemployment
Unemployment • INDIVIDUAL PROGRESS MEETINGS
Inflation
External Stability
External Stability
EASTER WEEKEND (ONLINE CLASS)
HALF YEARLY EXAM – TOPIC 1 AND 2
Distribution of Income and Wealth
Distribution of Income and Wealth • Environmental Sustainability
Environmental Sustainability • Essay Reviews
END OF TOPIC 3 EXAM
Exam review • Economic growth and quality of life • Full employment • Price stability • INDIVIDUAL PROGRESS MEETINGS
External stability • Environmental sustainability • Distribution of income • Potential conflicts among objectives
Macroeconomic Policies • Fiscal Policy
Fiscal Policy
Monetary Policy
Microeconomic Policies • Labour Market Policies
ATAR NOTES TRIALS
ATAR NOTES TRIALS
Labour Market Policies
Exam Review • Labour Market Policies
Limitations of Economic Policies • INDIVIDUAL PROGRESS MEETINGS
Economic growth policies • Unemployment policies
Inflation policies • External stability policies
Distribution of income and wealth policies • Environmental sustainability policies
UTS OPEN DAY (ONLINE CLASS)
END OF TOPIC 4 EXAM
Exam Review • Revision
Mock Exam
Revision
Final Lesson

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