91226 Statistical analysis for two contemporary economic issues
This course covers the things you'll need to know and be able to do for achievement standard 91226.
In it you'll find answers to questions like:
- Which models should we use in our analysis - when is it appropriate to use the production possibility frontier model, the circular flow model, or aggregate supply and aggregate demand models?
- What issues are associated with changes in real GDP, productive capacity and net social welfare as they relate to economic growth, and how do we analyse and forcast this?
How you'll learn
People learn in different ways. Now we'll describe some of the ways you can learn and interact with the materials in this course.
Self-paced learning – the material is set up so you can learn at your own pace. So, although there are 'suggested' times for each page, they're just a guideline. Plan your learning to suit you.
Practice activities – throughout this course there are short activities. These activities are for you, not for someone to mark them. These activities give you a great chance to practise what you've learned and compare your answer to the model feedback. Look at the feedback carefully to see if you have missed out any aspects from your answer.
Submitting photos – sometimes people find it easier to scribble down a diagram or show their working with pen and paper. No problem! You can still store all your working and diagrams with the activity. That way you'll be able to refer back to your answers when you're revising. Simply take a photo of your work and upload it with the relevant activity.