What Do Australian High School Economics Students Need to Know?

Peter Martin links to the most recent HSC and VCE exams in economics. HSC is the high school diploma level exam in New South Wales. Looking through it, it is largely comparable to the college level Intro Economics course I taught in the US with the following differences:1. It's almost entirely macro-economics instead of a 50:50 balance of micro and macro2. There's a very strong emphasis on