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Assessment01 - AssessmentObjectives - How The Macroecconomy Works Test 2 (H2)
Assessment01 - AssessmentObjectives - How The Macroecconomy Works Test 2 (H2)
Economics Unit
Assessment Objectives
Format:
2.
3.
understand the directive words and key words to write an answer that
addresses all aspects of the question requirement
select and apply economic concepts and principles to explain and analyse
contemporary events at the micro and macro levels.
understand and interpret economic information presented in textual,
numerical and graphical forms
make interpretations and valid inferences from information presented and
evaluate the reliability of information given
select points that are significant to and display the breadth of scope as
required by the question
recognise unstated assumptions.
evaluate alternative theoretical explanations and perspectives of
economic problems and issues. In particular, to arrive at reasoned
conclusions,
a.
demonstrating sensitivity to the
(i) context
inherent characteristics of the domestic economy e.g. size
and openness of economy, economic structure,
macroeconomic environment e.g. recession, inflation,
globalisation, extent of government macroeconomic
intervention etc and the need to prioritise goals if they are
in conflict with each other
(ii) root cause of the problem and/or
(iii) time horizon.
b.
using