ATARMAxxing · WACE Economics revision notes
Unit 3 data analysis, model construction and extended-response synthesis
Economic skills
What this note covers
- Turn a data table into comparable indicators
- Construct a model that matches the stated shock
- Read relationships without inventing causation
- Integrate external accounts rather than mixing measures
- Plan and execute an extended response
- Audit calculations, sources and presentation
6 sections · 10 key terms & formulas · 6 common mistakes
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