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Youth Unemployment
28th January, 2012
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There seems to be a strange situation developing in the Australian labour market. Youth unemployment is at an all time high, but certain industries don't seem to be able to find young people who are willing to do the jobs they are offering.

21st January, 2012
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As you begin your study of Economics for 2012, it is vital that you gain a strong understanding of supply and demand. Everything else that you will learn this year is built on this foundation, so...this section of the course is very important!

1st January, 2012
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This isn't really an article about marshmallows, it is about temporal discounting. But I am guessing that the former title is more likely to convince you that it is worth reading, so that is what I am sticking with!

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Student ArticlesIf you are interested in submitting an article to appear on this site, click here!
27th January, 2012
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Globally broadcast and popular events such as the Australian Open, Rugby World Cup and the Olympics have a profound effect on the tourism sector of the economy in particular.
25th January, 2012
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This article discusses whether economic growth should be considered necessarily as such a good thing, making reference to environmental concerns, the question of growth versus development in an economy and the potential for government intervention.
15th November, 2011
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This is a chance for everyone to submit an article for MrWood.com.au - click here to read more!
27th August, 2011
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The government has used a number of measures to try and increase the participation rate. Some of these changes were made through the federal budget, while others have been put in place through immigration policy.
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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!