Economics Tuition: Why should governments keep inflation rate low?

Discuss why governments are concerned to keep up the rate of inflation at a low level. Introduction Inflation is a situation where there is a sustained and...

Economics Tuition: Consider whether economic growth should be the top priority goal of a government. [15]

In 2007, the Singapore government increased the Goods and Services Tax rate to 7% and decreased the corporate tax rate to 18%. (b) Consider whether economic...

Economics Tuition: Explain how tax changes can help Singapore achieve higher economic growth. [10]

In 2007, the Singapore government increased the Goods and Services Tax rate to 7% and decreased the corporate tax rate to 18%. (a) Explain how the above tax...

Government Regulation

How can governments regulate price and output?

Governments play an integral role in the free market economy. It’s purpose lies in the regulation of price and output through implementing laws and regulations in order to prevent market failure, protect the environment and ensure that an economy is sustainable. Examiners like to test students on how well they understand the roles and responsibilities a government has in the economy as well as on their ability to suggest and improve upon current regulations to better handle economic ills.

Economics Tuition: Why should governments keep inflation rate low?

by Simon Ng | Jun 13, 2018

Discuss why governments are concerned to keep up the rate of inflation at a low level. Introduction Inflation is a situation where there is a sustained and inordinate increase in the general price level when there is excess demand without or with an inadequate...

Economics Tuition: Consider whether economic growth should be the top priority goal of a government. [15]

by Simon Ng | Mar 16, 2018

In 2007, the Singapore government increased the Goods and Services Tax rate to 7% and decreased the corporate tax rate to 18%. (b) Consider whether economic growth should be the top priority goal of a government. [15] Question Analysis • Explain why...

Economics Tuition: Explain how tax changes can help Singapore achieve higher economic growth. [10]

by Simon Ng | Mar 16, 2018

In 2007, the Singapore government increased the Goods and Services Tax rate to 7% and decreased the corporate tax rate to 18%. (a) Explain how the above tax changes can help Singapore achieve higher economic growth. [10] Introduction • Define taxes •...

Economics Tuition: Discuss the effectiveness of fiscal policy in sustaining economic growth and stability in Singapore. [15]

by Simon Ng | Mar 16, 2018

The recent financial crisis saw Singapore's exports plunge as the global recession has affected almost all major economies in the world, including the USA. Discuss the effectiveness of fiscal policy in sustaining economic growth and stability in Singapore. [15]...

Economics Tuition Case Study Question: Economic Indicators of USA and Japan

by Simon Ng | Jan 1, 2018

The following tables, Table 1 and Table 2, illustrate the economic indicators of two countries, USA and Japan. Analyse the economic data carefully before you answer the questions listed below. Questions (a)(i) According to the data, which country has higher standard...

Overcoming Difficulties in Case Study Questions at Economics Focus – Kai Jie

by Simon Ng | Sep 28, 2017

I enjoyed the lessons that featured case studies on Economics issues that took place around the world. I learnt how to relate the impacts of these economic issues to Singapore.

A Tutor, A Friend, A Mentor – Tuition Testimonial by Lester

by Simon Ng | Sep 22, 2017

As a mentor, Simon shares his wealth of knowledge, be it in the humanities or general matters. His guidance has helped to prepare me for what the working world has to offer in the near future.

Developing Proficiency in Writing: Brandon Yeo

by Simon Ng | Sep 14, 2017

Mr Simon has guided me to become more aware of real life issues that I may encounter in the future, such as job-related challenges and the growing cost of living.

Price Discrimination

by Simon Ng | Aug 31, 2017

In our economics tuition, this jc economics note provides a good understanding on the concept of price discrimination and the three degrees of price discrimination. What is price discrimination? Examine price setting behaviour of firms In technical terms, price...

Insightful Internship Experience for Intern, Gu YaHui Rose

by Simon Ng | Aug 4, 2017

I have benefited a lot from the three-month internship program, which equipped me with pivotal professional knowledge and skills, including how to conduct social media campaigns and SEO.

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