H1 Economics Distinction – Ensure Your Success Dear 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. [divider height=”30″ line=”1″] H1 Economics distinction – What Are The Average Scores Needed To Secure An ‘A’? (This example applies only to H1. A different conclusion applies to H2. More info on H2 Econs tuition here) 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 matter how you look at it, the H1 Econs case study contributes MORE to your grade. This simply means you have to concentrate on revising for case study SKILLS! [divider height=”30″ line=”1″]
H1 Econs Exams – 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! A) DEMAND SIDE POLICIES (DSP) includes Fiscal Policy: 1. G Expenditure & 2. Taxes Monetary Policy: 1. Money Supply & 2. Interest Rate To Influence thru: AD
B) SUPPLY-SIDE POLICIES (SSP) Anything that relates to the 4 Factors of Production are relevant 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 To Influence thru: AS
C) Price & Incomes Policy Body to provide guidelines to change prices of certain goods and services: Eg: Public Transport Council Eg: National Wage Council
D) 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: foreign exchange
There are more such topics SURE to be tested. To be certain of your H1 Econs distinction grade, our revision Workshops help you to summarise the key content areas very concisely, so that you do NOT have to revise it many times. With this table of information, you should then ask yourself the following:
- To fight unemployment & slow or negative growth, what policy(s) is/are suitable?
- To fight inflation, which policy can combat it?
- T0 restore BOP equilibrium, what can do done?
- 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. So call us now! More on Resources for Econs Exams | Economics Home Tuition
