A2 Economics - F585 June 2013

Reply 420

mrsmeagol

Original post by ChoccyWoccy

Thanks

I just think there's little scope for analysis in an essay like that.

I agree, i really hope it doesn't come up lol

Reply 421

Sarangtaec

Quick question: What's difference between Maastricht Criteria and Growth & Stability Pact?

I thought it was just that Maastricht Criteria includes monetary convergence rules whereas G&SP is just a limit on government debt/deficit? Is that correct..?

Reply 422

Sarangtaec

AND does anyone have tips for evaluation/conclusions??

Reply 423

RoryH

13

Original post by Sarangtaec

Quick question: What's difference between Maastricht Criteria and Growth & Stability Pact?

I thought it was just that Maastricht Criteria includes monetary convergence rules whereas G&SP is just a limit on government debt/deficit? Is that correct..?

The S&G pact is only the bit about the limit on government debt and budget deficit, whereas the Maastricht treaty is everything about inflation and interest rates as well.

The S&G pact is a part of the treaty.

Reply 424

mrsmeagol

Original post by Sarangtaec

Quick question: What's difference between Maastricht Criteria and Growth & Stability Pact?

I thought it was just that Maastricht Criteria includes monetary convergence rules whereas G&SP is just a limit on government debt/deficit? Is that correct..?

growth and stability pact is part of the maastricht convergence criteria

Reply 425

Markg125

13

Original post by mrsmeagol

how does high rates of economic growth help SUSTAINABLE development

Good question! Are they likely to ask how they can help one another though, its more about the conflict between the two. Or am I wrong in that? :confused:

Of the top of my head I suppose Welfare of Estonia 21 could be helped by economic growth by providing people with jobs, there increasing their standards of living, which also helps a cohesive society? or that could be total crap.

Reply 426

kellis94

Original post by paramountor

If any one has any good, solid essay plans, such as:
"Discuss the extent to which sustainable development indicators are useful for measuring development in Estonia"
I can send you my essay "Discuss whether Estonia is likely to achieve sustainable development in the future" for which I got 20/20.

Thanks

I do.. What is your email and I can send you mine

Reply 427

RoryH

13

Original post by kellis94

I do.. What is your email and I can send you mine

Could you please email me it too? My email is [email protected]

Thanks :smile:

Reply 428

Markg125

13

What is the definition of economic integration and what kind of unions are the EU and the EuroZone, are the custom and monetary?

Reply 429

student_o201

Original post by kellis94

I do.. What is your email and I can send you mine

if possible could you email it to me as well [email protected]

Reply 430

Gilchrist_Compass

Looking through the attachments and comments on this thread, I've noticed a lot of talk of this Lorenz Curve. Now I was never talked about it, but ive googled it and it seems quite helpful. How likely do you think it'll be needed? Thanks

Reply 431

KaranbirBandesha

Do we need to know the 10 policy recommendations of the Washington Consensus? or are the main headings enough?

Reply 432

Markg125

13

Original post by Gilchrist_Compass

Looking through the attachments and comments on this thread, I've noticed a lot of talk of this Lorenz Curve. Now I was never talked about it, but ive googled it and it seems quite helpful. How likely do you think it'll be needed? Thanks

Very likely, since as the 20 marker is going to be on sustainable development, you're probably going to have to talk about a cohesive society, and with that comes income inequality ego the lorenz curve.

Reply 433

ChoccyWoccy

2

Original post by Gilchrist_Compass

Looking through the attachments and comments on this thread, I've noticed a lot of talk of this Lorenz Curve. Now I was never talked about it, but ive googled it and it seems quite helpful. How likely do you think it'll be needed? Thanks

I never learnt it because I did transport economics and I don't think it really matters much tbh :smile:

Reply 434

mrsmeagol

Original post by Markg125

Good question! Are they likely to ask how they can help one another though, its more about the conflict between the two. Or am I wrong in that? :confused:

Of the top of my head I suppose Welfare of Estonia 21 could be helped by economic growth by providing people with jobs, there increasing their standards of living, which also helps a cohesive society? or that could be total crap.

yeah, its probably more about the conflict between them but there was a question which asked 'discuss the extent to which high rates of growth leads to sustainable development' i knew how it could lead to development, but wasn't sure on sustainable development.

& yeah it makes sense, growh leading to higher standards of living - would be able to afford better healthcare as they are terrible in terms of productivity and health - it may improve social/human capital (they should be preserved for future generations which is sustainability)

Reply 435

Hunarench95

13

^ Kuznet's Curve is worth taking a look at as well!

Reply 436

mrsmeagol

Original post by KaranbirBandesha

Do we need to know the 10 policy recommendations of the Washington Consensus? or are the main headings enough?

never heard of that lol

Reply 437

KaranbirBandesha

Original post by mrsmeagol

never heard of that lol

Its part of the policies to promote economics development, you know part of the import substitution, export promotion, international aid and the Washington consensus

Reply 438

mrsmeagol

Original post by Markg125

What is the definition of economic integration and what kind of unions are the EU and the EuroZone, are the custom and monetary?

the eurozone is an economic and monetary union

not sure about the EU, don't think its a union

Reply 439

mrsmeagol

Original post by KaranbirBandesha

Its part of the policies to promote economics development, you know part of the import substitution, export promotion, international aid and the Washington consensus

i've never come across import substitution and export promotion :confused:

A2 Economics - F585 June 2013

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