Tuesday, November 02, 2004

Man that last post had no editing in it and I cbf to go back over it and fix all its spelling mistakes and structural problems so that it makes sense.

Anyway.

Up late studying this paper on "Microeconomic Reform" for my Macroeconomics test in a few weeks. Funnily enough this is the class I find quite interesting at school but I am doing the worse marks wise. This paper is quite heavy with its language and seems quite repetitive, basically it talks about the reforms of major industries in Australia over about the last 40 years with emphasis on the last 20 or so. So you get to hear about how the governments propped up certain industries in the 70s and the deregulation of the financial industry in the 80s and the recession in the late 80s/early 90s and then the corporatisation / privatisation of government controlled monopolies/industries such as the utilities companies and to an extent what is happening in the telecommunication industry, then it covers a little bit about the Asian crisis and seems to assume that it was our smart economic reform policies that kept Australia out of crashing with the rest of our S.E neighbours, something I'm not quite convinced of. It's pretty inconclusive on whether or not microeconomic reform has actually been good or bad overall for Australia, but generally trends its opinion towards it being good even though there are too many factors to consider that a factual statement, which sucks and makes for boring reading.

Now that I've actually started studying I am getting stressed about my exams, this is good and not bad like most people will think. It means I am getting myself into exam mode and for once I am doing it earlier and I think, more prepared. Good for me.

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