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Economics Tuition
Singapore:
Who Else Wants An 'A' for this year's GCE A-Level H1
Economics Paper?
Hello Student,
I hope you’re still going strong in your pursuit of ‘A’ level excellence! Nothing is
permanent, so are your pain and frustration… So, believe me, press on, and you shall succeed!
Now, I’ve had the "fortune" to meet up with countless groups of you to go
thru’ our Econs revision sessions, and I’m certain that I’ve added tremendous value to your overall
revision effort. Thru’ it, I was shocked to learn of the following:
1. You do not know how to get an ‘A’ for H1 Economics!
2. You do not have sufficiently clear CONTENT knowledge for certain topics, namely,
(i) Balance of Payments, (ii) the various Policy Solutions, and the (iii) specific Singapore Context.
3. You are short of the superior answering SKILLS that you need to tackle the case
studies and the essay question.
So in this email, I aim to do just that.
What Are The Average Scores Needed
To Secure An ‘A’?
(This example applies only to H1. A different conclusion applies to H2.)
The weighting for case study is 70%, and the essay is 30%. For eg, in order to get an A, you’ll need:
(42)/60*70% + 18/25*30 = 49 + 21.6 = 70.6
Or
(44)/60*70% + 16/25*30 = 51.3 + 19.2 = 70.5
Or
(46)/60*70% + 14/25*30 = 53.6 + 16.8 = 70.4
No mater how you look at it, the case study contributes MORE to your grade. This
simply means you have to concentrate on revising for case study SKILLS!
(For H2 Econs students, you MUST put in more effort for your essay exam papers, because the weighting is
60%!)
The Missing Content That
You Need
Most students in JC2 will realise that one does not a lot of
content in order to score in the H1 Economics paper.
Yet at the same time, instead of just blindly reading
your lecture notes, there are certain concepts that you must be thorough,
by the time you finish reading this page.
Why?
Well, below is an example of how we summarise one part of the key
content need for Economics Examinations:
Here, I would like to summarise the policy
options, because it’s obviously coming out in CASE STUDY & in ESSAY!
|
DEMAND
SIDE
|
SUPPLY
SIDE
|
OTHERS
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Fiscal
Policy:
1. G Expenditure
i) 2. Taxes |
Anything that relates to the
4 Factors of
Production are relevant |
Price & Incomes
Policy
Body to provide guidelines to change prices of certain goods and
services:
Eg: Public Transport Council
Eg: National Wage Council |
Monetary
Policy:
1. Money Supply
2. Interest Rate |
Land - reclaim, FTAs
Labour -
Increase (i) quantity of labour ( foreign talent) and also (ii) quality of labour (training,
education, productivity, etc)(Human Capital)
Capital -
Investment, domestic and foreign, New Technology, R
Entrepreneurship - Getting the people to create the jobs, rather than the Govt |
Exchange-Rate
Policy
Depending on exchange-rate regime chosen, floating or fixed or
managed-float, a country can use it to achieve various aims.
Eg: FIXED, devalue currency to make exports more
competitive. |
| To Influence
thru: AD |
To Influence
thru: AS |
To Influence thru: foreign exchange |
(There are more such topics that are SURE to be
tested.
Our revision Workshops help you to summarise the key content areas very concisely, so
that you do NOT have to revise it many times.
Find out more about our Economics
Tuition lessons (focus is on Intensive Exam Skills)
here.
With this table of information, you should then ask yourself
the following:
1. To fight unemployment & slow or negative growth, what policy(s) is/are
suitable?
2. To fight inflation, which policy can combat it?
3. TO restore BOP equilibrium, what can do done?
4. Are the “textbook answers” equally applicable to the case of Singapore? (obviously
not!!!).
For example, instead of using monetary policy to fight inflation, S’pore govt actually
uses EXCHANGE-RATE POLICY to do so! Why? And How? And the companion question: if so, then on the other hand, what
is then used to fight BOP problems (since exchange-rate is being sacrificed to fight inflation)?
If you don’t have the answer to the above questions, then you’re NOT fully prepared
for this year's GCE ‘A’ Level H1 Economics Paper.
Don't forget that, in our Economics tuition
lessons, we empower all our Economics students to be fully equipped with the content and skills, so that
getting a distinction is no longer merely a dream.
by Singapore Economics Tuition Academy -
Back to
Top
Source: http://www.economics-tuition.com
More
Articles
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Articles:
Suggested Answer: Discuss the relative significance of
the multiplier, the PED for imports and exports, and crowding-out in influencing
macroeconomic policy decisions.
Who
Else Wants An 'A' for the 2012 A-Level Economics H1 Paper?
Testimonials:
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Mr Tan, you are probably one of the most effective teachers that I have
learnt from.
Within such a short period of time, I have a learnt a lot and I
believed that I have gain an upperhand in relation to many of my peers in school for Econs; for
this, I thank you.
I will continue to strive for excellence under you and attempt my
best for Economics. As you always put it, Economics is indeed scorable! I hope all your students
will experience the magic that you have brought to me.
I am certain that your teachings will put me in very good stead for
the GCE A-Levels Economics. I have also managed to see the fun side of Economics under your
baton.
Thank you very much.
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Andrew
Anglo-Chinese Junior College (ACJC), 2010 JC2, H2 Economics |
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I have always been very interested in Economics but I never managed to
do well. I had little problems with all my other subjects, Economics was my only weakness. Before I
attended your lessons, I scored an E grade for Economics during my midyear exam. Failing was common to
me.
During the time which I attended your lessons, my grades improved
tremendously and I managed to score an A grade for Economics during my Common Test. For one, it was
the first time I have scored an A grade for Economics.
With my Common Test results, I applied for a provisional
scholarship. Not long after, I was informed that the board has awarded me a scholarship. Had it not
been for you, I would never be able to get an A for Economics in my common test and hence the
scholarship.
You are a really skilled teacher. You could explain concepts in the
way that was clear, concise and easy to understand. You taught me many techniques in dealing with
case study questions. Learning economics under you was really easy, if only I had more time to
learn from you. If only there were more economics teachers like you.
Although it is my weakest subject, I am proud to say that I will be
reading economics for my undergraduate studies.
I really can't thank you enough. I only hope that more students can
benefit from your teaching in future and I genuinely wish you well for your future
endeavors.
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Kenneth Sng 2010, Jurong Junior College (JJC),
JC2 H2 Economics
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Mr Tan is a great Econs teacher. Besides the ingenious examples he uses
in class to help the students understand easier, he really knows how the grade 'A' is
obtained.
Just after 6 lessons, I topped my class in Econs, and my percentile
went up from 41% to 86%!
A surprise I always enjoy is that he will explain how the Econs
concepts and principles that apply to firms and economies, can also apply to my own life. Now I
know how to structure a profitable business!
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Steffie Lim, Nanyang Junior College (NYJC), 2010 H1 Economics
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Read more testimonials Here
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