Unit 1
House Prices
13th March, 2010
| Will you ever be in a position to buy your own home? An understanding of Economics, and an awareness of current government policies, can help you to predict what will happen with house prices in the future.
6th March, 2010
| It was hard to miss - during the week the Rudd government announced that they would be moving towards a federal funding system for the Australian health care system. This is a major policy shift about the way in which resources are allocated in this country.
27th February, 2010
| Sometimes the actions of the market will result in an inefficient allocation of resources; sometimes inefficiency arises as a result of government policy. The recent events surrounding the government's insulation policy provide an interesting case study.
20th February, 2010
| When people have a high degree of confidence, they spend more money. But this is not always a good thing, and sometimes an increase in confidence can mean that some bad news (for some) is just around the corner....
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!
Latest Comments!
| 12/03/2010 | Khanh Dang from Fintona Girls School wrote... I believe that it will be very unli... | Article |
| 11/03/2010 | Emily Smith from St Catherine's School wrote... Having experienced both the NSW and... | Article |
| 11/03/2010 | Ben Andrews from Camberwell High School wrote... Based on statistics, Australia has ... | Article |