WACE Economics ATAR case studies
WACE Economics ATAR · Put your knowledge to work in context.
The WACE Economics ATAR course is a Western Australian senior-secondary course for Year 11 and Year 12 students working toward the Western Australian Certificate of Education and an Australian Tertiary Admission Rank. It suits students who want a structured, analytical social science that combines economic theory with real-world Australian and global policy issues, and who are prepared to write extended responses rather than rely on recall alone. The syllabus is organised around two assessment domains: Economics knowledge and understanding, and Economics inquiry, reasoning and interpretation, each weighted at 50 per cent. In practice this means you are assessed as much on how you interpret data, apply models to unfamiliar scenarios and evaluate policy as on whether you can define terms. The WACE Economics ATAR case studies are 5 cases and about 2,441 words.
1The Wheat Export Boom and the Strained Port
A regional economy exports 4 million tonnes of wheat annually through a single port with a capacity of 4.2 million tonnes. A new free trade agreement opens a large overseas market, and growers respond: planted area rises 15% and favourable weather lifts yields 10%.
509 words, about 3 min2The Minimum Wage Decision
A state government is considering raising the minimum wage from 22 to 25 per hour, a 13.6% increase. The affected workforce is 180,000 people, mostly in hospitality, retail, and aged care.
540 words, about 3 min3The Resource Boom and the Exchange Rate
A country discovers large natural gas reserves. Export revenue from gas is forecast to rise from 2% to 9% of GDP over five years.
518 words, about 3 min4Interpreting the Labour Force Data
A statistics release shows: employment rose by 30,000; the labour force rose by 45,000; the working-age population rose by 20,000. The participation rate was 66.1%, up from 65.8%.
424 words, about 2 min5The Carbon Price and the Electricity Market
A government introduces a carbon price of $30 per tonne of CO2. Brown-coal electricity generators emit about 1.2 tonnes of CO2 per MWh; gas generators emit 0.5 tonnes; renewables emit almost nothing.
450 words, about 2 min