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Business essay structure/example
DETAILED BUSINESS ESSAY SCAFFOLD with examples.
I am a published writer and experienced English tutor, teaching 43 students across 23 different schools. My previous students have all graduated with a Band 6 (90+) or exceptional Band 5 (87-89) in English (all units/levels), Business Studies & Geography.
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Author Topic: How to write a Band 6 Business Studies Report - Section III of the HSC (Read 39885 times) Tweet Share
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A State-Rankerâs Guide to Writing 20/20 Economics Essays
So, you want to know how to improve your preliminary and HSC economics essay...
Cory Aitchison
State Ranker & 99.95 ATAR
1. Introduction to this Guide
So, you want to know how to improve your preliminary and HSC economics essay writing? Look no further! In this guide, Iâll be covering key tips to help YOU smash the structure, amaze with your analysis, conquer the contemporary, and ultimately master the mystery of maximising your marks.
My name is Cory Aitchison, currently one of the Economics tutors at Project Academy . I completed the HSC in 2018, achieving a 99.95 ATAR as well as two state ranks â 6th in economics and 12th in chemistry. Graduating from Knox Grammar School, I also topped my grade in economics and was awarded Dux of the School for STEM. Believe it or not, at the beginning of Year 11 I initially struggled with economics due to the transition in conceptual thinking required in approaching economic assessments in comparison to my other subjects such as English. However, through Year 11 and Year 12, I built up key tips and strategies â that Iâll be sharing with you in this guide â to help me not only consistently achieve top marks in my internal assessments, but to ultimately go on to achieve the results I did in the HSC.
2. The Correct Way to Write
First off, you need to understand something: HSC economics essays are NOT english essays! They arenât scientific discussions, nor geography reports, nor historical recounts. Theyâre unique and often quite different from other essays that you mightâve done previously in high school. The style of writing and approach to answering questions can be confusing at first, but follow these tips and youâll be ready in no time:
Phrasing should be understandable and concise
Unlike some subjects where sophisticated phrasing is beneficial to getting marks, HSC economics essays should emphasise getting your point across with clarity. This means donât run your sentences on for too long, be aware of any superfluous words, and make sure you actually understand yourself what youâre trying to say in a sentence.
For example:
GOOD: âAn increase in interest rates should lead to decreased economic growth.â
NOT GOOD: âAs a result of a rise or increase in interest rate levels from their previous values, the general state of economic activity in the domestic economy may begin to decrease and subsequently indicate the resultant situation of a decrease in economic growth.â
âUnderstandableâ does not mean slang or lacking in terminology
Just because you want to get a point across, doesnât mean you should resort to slang. In fact, using economic terminology is a strong way to boost your standing in the eyes of the marker â if you use it correctly! Always make sure you use full sentences, proper English grammar, and try and incorporate correct economic terms where possible.
GOOD: âThis was a detrimental outcome for the economy.â
NOT GOOD: âThis was a pretty bad outcome for the economy.â
GOOD: âThe Australian Dollar depreciated.â
NOT GOOD: âThe Australian Dollar decreased in value.â
Analysis should be done using low modality
Modality just refers to the confidence of your language â saying something âwillâ happen is strong modality, whereas saying something âmightâ happen is considered low modality. Since a large portion of economics is about applying theory, we have to make sure that we are aware that we are doing just that â talking about the theoretical, and so we canât say for sure that anything will happen as predicted.
Some useful words include:
May, Might, Should, Could, Can theoretically
Donât use words like:
Must, Will, Has to, Always
3. How to use Statistics
âWhatâs most important is that this contemporary is used to bring meaning or context to your argumentâŠâ
Using contemporary (statistics) can often seem straightforward at first, but using it effectively is usually harder than it looks. Contemporary generally refers to applying real-world facts to your analysis to help strengthen (or weaken) the theoretical arguments. This can include many different statistics or pieces of information, including:
- Historic economic indicators, such as GDP, inflation, GINI coefficients, exchange rates, or unemployment rates
- Trends or economic goals, such as long-term GDP growth rates, or the stability band for inflation
- Names of economic policies, such as examples of fiscal or microeconomic policies
- Specifics of economic policies, such as the amount spent on infrastructure in 2017
Whatever statistics you deem relevant to include in your essay, whatâs most important is that this contemporary is used to bring meaning or context to your argument â just throwing around random numbers to show off your memorisation skills wonât impress the marker, and in fact might appear as if you were making them up on the spot. Rather, your use of contemporary should actively improve your analysis.
GOOD: âFollowing a period of growth consistently below the long-term trend-line of 3%, the depreciation of the AUD to 0.71USD in 2017 preceded an increase in economic growth to a 10-year high of 3.4% in 2018.â
NOT GOOD: âEconomic growth increased by 1 percentage point in 2017 to 2018â
NOT GOOD: âGDP was $1.32403 trillion in 2017â
GOOD: âThe 2017 Budgetâs Infrastructure Plan injected $42 billion into the economy â up 30% from 2016âs $31 billion, and 20% higher than the inflation-adjusted long-term expenditure.â
NOT GOOD: âThe 2017 Budgetâs Infrastructure Plan injected $42 billion into the economyâ
That in mind, donât think that these statistics have to be overly specific. As long as the general ideas gets across, itâs fine. You donât need to say â$1,505,120â â just â$1.5 millionâ will suffice.
Ask yourself: if I get rid of the contemporary from my paragraphs, does the essay still have enough content?
Further, donât get roped into the âcontemporary trapâ â where you fall into the mindset that âif I memorise all these statistics, my essay will get good marksâ. Including numbers and contemporary at the expense of having a robust theoretical explanation and analysis will definitely be detrimental in getting you top marks. Particularly in trial exams and the HSC when youâve got all these numbers floating in your head, it can be tempting to try and include as many as you can (often just because you can!). To avoid this, always try and focus your arguments on analysis and syllabus content first, contemporary second. Ask yourself: if I get rid of the contemporary from my paragraph, does the essay still have enough content?
4. Must Have Insightful âHoweverâs
If you really want to extend your analysis and show the marker that you know your stuff, including insightful âhoweverâs is a strong way to do it. What I mean by this is that for each of your paragraphs, try and include a counterpoint that highlights the flexible nature of economic theory. There are broadly two kinds of âhoweverâs:
Theoretical âHoweverâs
These are counterpoints that are based on theory â often there will be theoretical limitations for many of the concepts you come across in economics. Itâs always important to include these limitations as it reinforces your knowledge of the actual content of economics.
âAlthough the Budget and fiscal policy can be effective at stimulating economic growth, it is also restricted by the âimplementation time lagâ limitation since it is only introduced annually.â
Contemporary âHoweverâs
These are counterpoints that are based on contemporary â highlighting how although something should happen theoretically, this isnât usually what is observed in reality. This can be particularly powerful in that it combines your knowledge of theory with your analysis of contemporary.
âDespite the expansionary stance that the RBA adopted in 2012â2016 for monetary policy, Australiaâs annual GDP growth rate has remained below the trend rate of 3% â against the theoretical expectations. This could be attributed to factors such as âŠâ
5. How to Interpret the Question
When you first look at a question, before you even put pen to paper, you need to come up with a plan of attack â how can you ensure that you answer the question correctly, and give the markers what they want? There are three main points to look for when interpreting essay questions:
Knowing your verbs
As you may (or may not) know, NESA has a bank of words that they like to pull from when writing questions, and these words impact how they want their question answered. These verbs should help steer your analysis onto the right path. For example:
Explain: âRelate causes and effectsâ
To answer these questions, you have to demonstrate a thorough understanding of how theory and events impact each other and the economy. This verb particularly emphasises the idea of a process â you need to be able to make clear links as to how each step leads to the next, rather than just jumping to the outcomes.
Analyse: âDraw out and relate implicationsâ
These questions usually wants you to investigate the connections between different aspects of economic theory. Generally this involves showing a holistic understanding of how different areas (such as micro- and macroeconomic policies) come together to make a cohesive impact on the economy. It usually helps to think back to the syllabus and how the points are introduced when figuring out which ideas to link together.
Assess/Evaluate: âMake a judgement based on value/a criteriaâ
These require you to not only critically analyse a topic but also come to a conclusion given the arguments you provided. This type of question usually gets you to make a judgement of the effectiveness of some economic theory â such as the ability for economic policies to achieve their goals. Make sure you actually include this judgement in your answer â for example, say things like âstrong impactâ, âhighly influentialâ, âextremely detrimentalâ.
Discuss: âProvide points for and/or againstâ
Similar to assess, discuss wants you to provide arguments towards and against a particular topic. Although it doesnât require a specific judgement to be made, it does place greater emphasis on showing a well-rounded approach to the argument â providing relatively equal weightings towards both the positive and negative sides of the discussion.
Linking to the syllabus
When trying to understand what the question wants from you, I found the best way to approach it is to consider what points in the syllabus it is referring to (To do this, you need to have a solid understanding of the syllabus in the first place). Once youâve located it, try drawing upon other topics in the vicinity of that dot point to help you answer the question.
For example, if the question mentions âtrends in Australiaâs trade and financial flowsâ, then you know from the syllabus that you probably need to talk about value, composition and direction in order to get high marks. Further, it may also be worth it to bring in ideas from the Balance of Payments, as this is the next dot point along in the syllabus.
Digging into the source
For essay questions that provide a source for you to include in your answer, this is another goldmine from which you can discern what the marker really wants. If the source mentions microeconomic policy, it probably wasnât on accident! Even if it may not be obvious how to link that to the question immediately, try and draw upon your knowledge and implications and see if thereâs a different angle that you might be missing.
6. Putting it All together â Structuring your essay
My essays usually consisted of four main parts: an introduction, a background paragraph, body paragraphs, and a conclusion.
Introduction
Your introduction should not be long. I rarely wrote an introduction longer than three sentences.
First sentence: Answer the question (thesis)
Try and answer the question, while including the main key words of the question in your answer. Donât directly restate it â instead, try and add meaning to it in a way that represents what youâre trying to get across in your essay.
For example: if the question was âAssess the impact of microeconomic policy in improving economic growth in Australiaâ, my first sentence might be âMicroeconomic policy has had a significant impact in increasing aggregate supply and thus long-term economic growth in Australia since the 1960sâ.
Next sentences: Introduce your arguments/paragraphs
In this part, itâs fine to almost list your paragraphs â thereâs no need to do a whole sentence explaining each. Thatâs what the paragraphs themselves are for.
For example: using the same question as above, my next sentence might be âAlthough trade liberalisation may have been detrimental for short-term growth in manufacturing, policies such as competition policy and wage decentralisation have been highly effective in fostering economic growth in Australiaâ.
Background Paragraph
The aim of a background paragraph is threefold: to get across the main theory that underpins your argument; to establish the economic context for your argument; and to show the marker that you âknow your stuffâ.
For example, if the essay was on monetary policy, you may want to describe the process of Domestic Market Operations (how the reserve bank changes the cash rate) in your background paragraph, so that you donât need to mention it each time you bring up changing stances. Further, it may be good to showcase the current economic climate â such as GDP growth rate and inflation â to give context to your analysis in your essay.
Some ideas for what to include in this paragraph include:
- Key theory such as DMOs or the rationale for macroeconomic policies
- Economic indicators that provide context to the time period that youâre working in, such as growth rates, inflation, unemployment rates, exchange rates, cash rates, etc.
- A brief description of the recent Budget (if talking about fiscal policy), including the stance and outcome
Bear in mind that this paragraph shouldnât be too long â it isnât the focus of your essay! Instead, aim for around 100â150 words at most. At this point in your essay, it may also be good to include a graph (more on this later).
Body Paragraphs
Thereâs no set rule for how many body paragraphs to include in your essay â I generally aim for at least 4, but thereâs no real limit to how many you can (or should) write! Unlike english essays, itâs totally acceptable to just split a paragraph in two if you feel like the idea is too large to be written in one paragraph (as long as each paragraph makes sense on its own).
When writing a paragraph, I usually follow this structure:
Topic sentence
This is where you answer the question, and outline your argument or idea for this paragraph. If you are doing a discuss/assess/evaluate essay, try and make your judgement or side obvious. For example: âTrade liberalisation has been detrimental in its impact on economic growth in manufacturing industriesâ.
These sentences are where you bring together the theory and contemporary to build up your argument. Remember, the theory should be the focus, and contemporary a bonus. Try and weave a âstoryâ into your analysis if you can â you should be showing the marker how everything fits together, how causes lead to effects, and ultimately bringing together relevant economic concepts to answer the question. Feel free to also include graphs here when they help strengthen your argument.
Fit in your âhoweverâ statements here. For discuss questions, this however section may take up a larger part of the paragraph if you choose to showcase two opposing arguments together.
Link your argument back to your overarching thesis, and answer the question. Following on from your âhoweverâ statement, it can often be a good idea to use linking words such as âneverthelessâ, ânotwithstandingâ, or âdespite thisâ to show that taking into account your arguments presented in the âhoweverâ statement, the overarching idea for the paragraph still remains.
Like the introduction, your conclusion should not be overly long. Rather, it should briefly restate the arguments made throughout your essay, and bring them all together again to reinforce how these points help answer the question.
Aggregate Demand / Supply Graph
Graphs are a great way to add extra spice to your essay â not only does it help strengthen your explanations of economic theory, it also makes it look like you wrote more pages than you actually did! Graphs, such as aggregate demand graphs, business cycle graphs, and Phillips curves, can be great in reinforcing your ideas when you mention them in your essay. They usually come either in background paragraphs or body paragraphs, and itâs usually best to draw them about a quarter to a third of the page in size. Itâs also good practice to label them as âFigure 1â or âGraph 1â, and refer to them as such in your actual paragraph.
Although they can be beneficial, donât try and force them either. Not all essays have appropriate graphs, and trying to include as many as you can without regards for their relevance may come across negatively in the eyes of the marker.
8. How to Answer Source Questions
If your essay question involves a source, try and refer to it multiple times throughout your essay. For example, this can be in the background paragraph and two of your body paragraphs. Rather than just adding in an ââŠas seen in the sourceâ to one of your sentences, try and actively analyse it â show the marker that you understand why they included it, and how it actually helps strengthen your arguments.
9. Plan You Essay
Donât be afraid to use the first page of your answer booklet as a planning page. Taking a couple minutes before you answer the question to lay out your scaffold for body paragraphs is a great first step to helping ensure that you actually end up answering the question to the best of your abilities. It also serves as a great reminder to keep checking as you finish each paragraph to ensure that you actually wrote what you intended. Just make sure to make it clear to the marker that those scribbles on the page are just a plan, and not your actual essay!
10. How to Prepare for Essays in the Exam
I find it much better to prepare paragraphs and ideas that you can draw upon to help âbuild upâ a response during the exam itself.
Donât go into the exam with a pre-prepared essay that you are ready to regurgitate â not only are there too many possibilities to prepare for, but itâs also unlikely that youâll actually answer the question well with a pre-prepared response.
Instead of memorising sets of essays before the exam, I find it much better to prepare paragraphs and ideas that you can draw upon to help âbuild upâ a response during the exam itself. What I mean by this, is that in your mind you have a âbank of different paragraphsâ and ideas from all the topics in the syllabus, and when you read the exam, you start drawing from different paragraphs here and there to best formulate a response that answers the question. This allows you to be flexible in answering almost any question they can throw at you.
On top of this, ensure you have a solid foundation in both the theory and contemporary â knowing what statistics or topics to include in your essay is useless knowledge unless you have the actual content to back it up.
Now that you know the basics of how to write a good HSC economics essay, itâs time to start practising! Have a go, try out different styles, and find what works best for you. Good luck!
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New and revised examination formats for 2024 HSC examinations
Published: 8 May 2024
Released by: NESA
Sample examination materials are available to download from the syllabus section of the NESA website .
Who needs to read this?
- Curriculum coordinators
- Year 12 advisers
- HSC coordinators
- Head teachers
- Year 12 teachers
The following 2024 HSC examinations will have a new or revised question/answer booklet and/or writing booklet format.
Examination
Indonesian and literature.
Section I â Answer Booklet (Part A and Part B will be answered in this booklet) Section II â Answer Booklet (Part A Question 3)
Indonesian Beginners
Section I â Answer Booklet Section II â Answer Booklet Section III â Answer Booklet (Part A and Part B will be answered in this booklet)
Indonesian Continuers
Section I â Answer Booklet Section II Part B and Section III â Answer Booklet Section II Part A â Answer Booklet (separate booklet for each question)
Indonesian Extension
Sections I and II â Answer BookletÂ
Italian Beginners
Italian continuers, italian extension.
Sections I and II â Answer Booklet
Primary Industries
Sections I, II and IV â Answer Booklet (and writing space for Section III)
Software Design and Development
Sections III â Answer Booklets (separate booklet for each question)
For more information, contact:Â
Hayley Parker A/Head, Business Management [email protected] (02) 9367 8887
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Step 1: Decide on Your Approach. Step 2: Plan Your Essay. Step 3: Finish Your Introduction Strong. Step 4: Choose Your Case Studies. Step 5: Write the Essay. Step 6: Practise Writing HSC Business Studies Essay Plans. How to Write a Band 6 Thesis For Your HSC Business Studies Essay.
See the exam paper, plus marking guidelines and feedback from markers, for the 2021 NSW Business Studies Higher School Certificate (HSC) exam. We are making the NESA online experience better for you NESA content will soon be improved and moved to a new location on the NSW Government website so it is easier to find and read.
The best way to organise your body paragraphs is using numbered subheadings, so for example using the 2016 HSC question as an example: 1. Executive Summary. 2. Limitations of business report. 2.1 Normalised earnings; 2.2 Valuing assets; 2.3 Debt repayments; 3. Working capital management strategies. 3.1 Controlling assets; 3.2 Controlling ...
The HSC Business Studies Essay makes up 20 marks of Section IV in the HSC exam. It is also often known as the ' Case Study' essay , because students are expected to integrate case studies or real life business examples into their response.
This is for year 11 and 12, new to writing business reports, has a clear example guide to writing business report in hsc business studies in the hsc examination. Skip to document. University; High School. ... new to writing business reports, has a clear example. Course. Business Studies Method 1 (EDST6715) 30 Documents. Students shared 30 ...
Example -> Lego 4. Define visibility 5. ... The structure I used for my essay in the HSC exam: Introduction: 1. Thesis 2. Sign-posting of arguments - usually had two ... Worth 20 marks and should be given the same attention as your essays! In my opinion, writing a business report without an initial plan is quite risky. Some tips I have:
Sample HSC Papers : Business Studies. This page uses frames, but your browser doesn't support them.
Find essay tips, practice questions, report scaffolds, study resources and more! K-12 Tutoring; ... we've got your back with up to date HSC Business Studies and QCE Business Studies syllabus content that will help you ace Year 12 Business Studies đ„ ... 2018 HSC Business Studies Exam: Solutions and Sample Answers. đ Study đ Business ...
Business essay structure/example. DETAILED BUSINESS ESSAY SCAFFOLD with examples. I am a published writer and experienced English tutor, teaching 43 students across 23 different schools. My previous students have all graduated with a Band 6 (90+) or exceptional Band 5 (87-89) in English (all units/levels), Business Studies & Geography.
What Does the HSC Business Studies Essay Involve? The HSC Business Studies Essay makes up 20 marks of Section IV in the HSC exam. It is also often known as the 'Case Study' essay, because students are expected to integrate case studies or real life business examples into their response. The general marking criteria for a Band 6 in the HSC ...
Resource Description. Essay on the main influences on a business' operations function and evaluating the relevant operations strategies that can be implemented in response to three of these influences. The influences on a business' operations function include globalisation, technology, quality expectations, cost-based competition ...
HSC Business Studies essays. They're not easy. The key to success is having a really excellent process so, whatever question you get, you're on the right tra...
Written by: Terry Huang. Year uploaded: 2017. Page length: 8. DOWNLOAD THE RESOURCE. Resource Description. Business Studies Band 6 Essay Structure by Terry Huang. Report a problem. Download this Essay document for HSC - Business Studies. Find free HSC resources like study notes, essays, past papers, assignment, case studies & ...
HSC Business Studies » Business Essay Examples; Print; Pages: [1] Go Down. ... Respect: 0; Business Essay Examples « on: October 17, 2016, 06:38:17 pm » 0. Hey, Can someone please post an example of a really good business essay and attached with it the question. I would just like to see the structure and level of writing required to get that ...
Hey guys! As the name suggests, this guide is about how to write a band 6 Business Studies report in section III of the HSC exam paper. Often many students fail to achieve the band 6 range in this section due to their lack of knowledge about the content, as well as poor structure, form and consistency. There are four main keys to achieving high ...
Now here are 20 HSC Business Studies Practice Questions for you to write practice essays on. You should aim to write 800-1200 words and aim to complete this under timed conditions as you move closer to your exam. You may also find it useful to have notes and case study information available 'open book' at first, but gradually phase out this ...
NOT GOOD: "Economic growth increased by 1 percentage point in 2017 to 2018". NOT GOOD: "GDP was $1.32403 trillion in 2017". GOOD: "The 2017 Budget's Infrastructure Plan injected $42 billion into the economy â up 30% from 2016's $31 billion, and 20% higher than the inflation-adjusted long-term expenditure.".
Page 42 Business Report Sample; Related documents. Writing a business studies report; BST Assessment - BST report, gives insight on how to structure and what techniques to use. ... 2021 HSC Business Operations Notes with Qantas Case Study information. Business Studies 94% ... World Order Essay for legal studies - tp; The Language of Time in The ...
Read this guide to learn how to write an essay for Year 11 and 12. Writing practice essays is an essential part of getting Band 6 for English.
Criteria. Marks. Clearly shows the relationship between the expense ratio and the business' efficiency. 3. Provides characteristics and features of the expense ratio and business' efficiency. 2. Makes a relevant statement about the expense ratio or efficiency.
The key points you need to know about include: Marketing successfully to ensure the business continues to generate sales revenues. Understand the factors of consumer choices (psychological, social-cultural, economic, government) Ethical marketing. Analysing a business' market position, setting objectives and evaluating results. Market segmenting.
2022 hsc business studies; Legal trial essay scaffolds + MC; 2012 CSSA Business Report; Billy elliot essay; English Essay - - work; Related documents. ... 2020 Business Studies Report sample. Subject: Business Studies. 999+ Documents. Students shared 1901 documents in this course. Degree âą Grade: HSC âą 12. Info More info. Download.
Software Design and Development. Sections III - Answer Booklets (separate booklet for each question) Sample examination materials are available to download from the syllabus section of the NESA website. For more information, contact: Hayley Parker. A/Head, Business Management. [email protected]. (02) 9367 8887.
It's also very important to note that the exam consists of 4 parts: Section I - Multiple Choice (20 marks) Section II - Short Answer Section (40 marks) Section III - Business Report (20 marks) Section IV - Extended Response (20 marks) You'll need to know how to answer each section appropriately, because each section will require a ...