Resource |
Type |
Versions |
The
Circular Flow of Income
Summarises the five sector flow model for individuals, businesses, governments
and financial institutions. |
Notes |
|
Demand
and Supply
Discusses factors affecting demand and supply, and movements along the
demand and supply curves. |
Notes |
|
The
Economic Problem in Australia
Provides information about the economic problem in an Australian context
and the way in which it is addressed. |
Essay |
|
Basic
Function of Financial Sector
Discusses economic units, types and roles of financial markets, regulatory
authorities, factors affecting the demand and supply of funds, financial
changes and innovations, borrowers in the debt market, debt instruments,
interest rates, the cash market and effects of cash rate. |
Notes |
|
Merit
and Public Goods
Distinguishes between merit and public goods, and explains why the Government
is the main provider of these goods in the economy. |
Essay |
|
Labour
Market Essay
Explains the labour force participation rate, factors that affect it,
and its relationship to the unemployment rate. |
Essay |
|
Labour
Market Assessment Task
Discusses the Australian labour market, in terms of market outcomes and
the role of major labour institutions. |
Essay |
|
Market
Equilibrium
Defines market equilibrium, and explains how market forces establish
it and the factors that can lead to a change in equilibrium. |
Essay |
|
Class
Notes
Provides detailed notes on the topic of work and employment in the economy. |
Notes |
|
The
Effect of Population Ageing on the Australian Economy
Discusses the nature of the issue, implications for consumers and business,
and implications for governments and policy responses.
Credits: Eric Cheung,
Enoch Lau, Viktor Tanevski |
Research Project/Essay |
|
Price
Elasticity
Discusses the nature of elasticity, ways to measure it and its impact
on businesses and government. |
Essay |
|
Production
Possibility Curves
Explains the different shapes of the production possibility curves. |
Notes |
|
Productivity
Defines productivity and outlines ways to increase it. |
Notes |
|