by Simon Ng | Jun 13, 2018 | Economics Tuition, Inflation, JC Economics Essays, Macroeconomics |
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...
by Simon Ng | Mar 16, 2018 | Economic Growth, Economics Tuition, JC Economics Essays |
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]...
by Simon Ng | Jan 1, 2018 | Economic Indicators, Economics Tuition, Macroeconomics, Macroeconomics CSQs, National Income Accounting |
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...
by Simon Ng | Aug 31, 2017 | Economics Tuition, JC Economics Notes, JC Economics Tuition Notes, Market Structures |
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...
by Simon Ng | Jul 18, 2017 | Economics Tuition, Elasticity of Demand and Supply, Microeconomics, Microeconomics CSQs, Theory of Demand and Supply |
In the recent months, the price of durian in Singapore has increased. Generally, the durians are imported from Malaysian farmers. However, there has been a growing trend of Malaysian suppliers exporting durians to China. Hail the king of all fruits Mao Shan Wang (also...
by Simon Ng | Feb 13, 2017 | Economic Growth, Economics Tuition, JC Economics Notes, Macroeconomics |
The measures adopted by the government has helped Singapore to achieve sustainable economic growth as it has raised actual production and expanded production capacity through the production possibility curve. The influx of foreign workers, land reclamation and import...