The Higher School Certificate (HSC) Economics course, is a 2-unit elective course undertaken by students in New South Wales

New South Wales

New South Wales is a state of :Australia, located in the east of the country. It is bordered by Queensland, Victoria and South Australia to the north, south and west respectively. To the east, the state is bordered by the Tasman Sea, which forms part of the Pacific Ocean. New South Wales...

 undertaking their final 2 years of schooling. The HSC course consists of four compulsory topics, included in Topic 1 is a case study of an economy other than Australia, and the impact of Globalisation on that economy, along with economic policies used, most candidates select a Developing economy or Newly industrialised economy for this study.

The four compulsory topics are:

• The Global Economy
  World economy
  The world economy, or global economy, generally refers to the economy, which is based on economies of all of the world's countries, national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local societies, making the global one....
  
  
• Australia's
  Economy of Australia
  The economy of Australia is a developed, modern market economy with a GDP of approximately US$1.23 trillion. In 2011, it was the 13th largest national economy by nominal GDP and the 17th largest measured by PPP adjusted GDP, representing about 1.7% of the World economy. Australia was also ranked...
  
  role in the global economy
• Economic Issues
• Economic Policies and Management

The HSC examination, as of 2010, is out of 100 marks consisting of:

• 20 x one mark multiple choice questions
• 4 x ten mark short answer questions
• 2 x twenty mark stimulus based essay questions; candidates must select one
• 2 x twenty mark essay questions; candidates must select one