Unit 1
Monetary Policy
6th September, 2008
| For the first time since 2001, this week the RBA acted to reduce the cash rate. You should know what prompted this change in the monetary policy stance, and you should also start thinking about whether or not this change was a good idea....
30th August, 2008
| The Australian Prudential Regulatory Authority plays an important role in keeping the domestic financial sector stable. Given the current problems, it might be time to stop and find out what they think about the situation.
23rd August, 2008
| The level of business confidence in the Australian economy provides us with some idea of what might happen in the future. All you need to know is the trend, and you can start to make predictions.
16th August, 2008
| National savings are important. We use this money to fund our growth. Without this, we become more dependent on savings which are accumulated by people in other countries. This is something that the government is keen to avoid....
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!
