Essays, Exam Skills, H2 Econs, Market Mechanism, Resources
JC Econs Essay Cross Elasticity of Demand & Related Markets Model Answers An e-book reader, also called an e-reader, electronic book reader, or e-book device, is a mobile electronic device that is designed mainly for the purpose of reading digital e-books,...
Domestic Economy, Essays, Exam Skills, External Economy, H2 Econs, International Economy, Resources
JC Economics Essay Investment Expenditure & FDI Model Answers Every single A-level Economics students understand that investments are very important for any economy, including North Korea (from China and Russia)! In particular, foreign direct investments (aka...
Domestic Economy, Essays, Exam Skills, H2 Econs, Resources
JC Econs Essay High Unemployment & Negative Consequences Model Answers According to macroeconomic theory, there are 4 main types of unemployment – cyclical, structural, seasonal and frictional unemployment. In reality, these are not measured easily or directly,...
Domestic Economy, Essays, Exam Skills, H2 Econs, Resources
JC Econs Essay Productivity-Driven Growth & Macroeconomic Objectives Model Answers One of the biggest challenges and concerns for the Singapore government is the lack of appropriate macro econs policies to achieve her macroeconomics goals and objectives. Due to...
Domestic Economy, Essays, Exam Skills, H2 Econs, Resources
JC Econs Essay Currency Depreciation & Stagnation Model Answers In economic terms, stagnation is a prolonged period of slow economic growth, usually accompanied by high unemployment. (Note: stagflation is worse than stagnation. On top of the lack of growth,...
Domestic Economy, Essays, Exam Skills, H2 Econs, Resources
JC Economics Essay COVID-19 Recession & Singapore SOL Model Answers In 2020, Singapore slumps into a recession, the worst since independence in 1965, with a 41.2% fall in quarterly GDP. Imagine this, despite over S$100 billion into the economy, S’pore still...