Unit 1
Black Saturday
28th August, 2010
| Although it is 18 months since the Black Saturday bushfires, for many of us it seems far more recent. This week the Royal Commission provided parliament with 67 suggestions for policy changes. One of these suggestions will change the way in which the fire brigade is funded.
21st August, 2010
| By now you have learned that competition can lead to higher productivity, better products and growth. Given the activity of the banks in Australia over the last week, we need to ask - is there enough competition in the banking sector?
14th August, 2010
| There are many who would argue that low and stable inflation is the most important economic goal. As your understanding of Economics grows, you must remember how the goal of low inflation remains relevant for other sections of the course.
7th August, 2010
| In the RBA's statement on monetary policy that was released this week, they have given us some clues about how to achieve sustainable economic growth. Not surprisingly, they see a very important role for aggregate supply side conditions.
Welcome to MrWood.com.au!
This site has been designed to support you as you study Economics in the Victorian Certificate of Education (VCE).
Each week you will find a new article about the changes in the Australian economy. You will also find up to date statistics that will help you describe what is happening.
Economics is an interesting and valuable subject - I really hope that you enjoy it!
