NSS Economics

Economics aims at:

- developing students’ interest in exploring human behaviour

and social issues through an economic perspective

- enhance their intellectual capacity for life-long learning and

participate as informed and responsible citizens in the

decision-making processes

NSS Economics

Compulsory

Electives

Curriculum

1. Basic economic concepts

2. Firms & Production

3. Market & Price

4. Competition & Market Structure

5. Efficiency, Equity & the Role of Government

6. Measurement of Economic Performance

7. National Income Determination & Price Level

NSS Economics

Compulsory(~ 90% lesson

time)

Curriculum

8. Money & Banking

9. Macroeconomic Problems & Policies

10. International Trade & Finance

NSS Economics

Elective 1: (a) Monopoly Pricing (b) Anti-competitive Behaviour &

Competition Policy

Curriculum

Elective 2: (a) Trade Theory(b) Economic Growth & Development

ORElectives(~ 10% lesson

time)

AssessmentComponent Parts Weighting Duration

Public Examination Paper 1 (MC questions) 25% 1 hour

Paper 2 (Conventional paper)

-Part 1: Compulsory Part

-Part 2: Elective Part

60% 2 hours

School-based Assessment (SBA)

Task-based assessment

(News commentary or

essay/report)

15%

Remarks: Starting

from 2014

onwards

100% from

Public Exam

(2012-2013)

1. Mathematical ability in:

- simple calculation such as algebra & marginal analysis; and

- understanding graphs and curves.

2. Logical reasoning on economic theories & its applications

in real life.

Pre-requisites

$

Q

DD

ACAC

QQ11

PP11

MCMC

MR

q

TFC

q

TVC

q

TC AC

q

TVC

q

TC MC

Pin change %

Qdin change %Ed

Price (P)

Q/periodD

P1

P2

Q1 Q2

A

B

level price

balance NominalM Real d

Pr)f(Y,M nominal

r)f(Y,M real

d

d

Mt = ƒ(Y) MA = ƒ(r)

r

M

Mtr

M

MA

r

M

Md

Md = MA + Mt

Further studies and career- business-related subjects such as BBA in universities

- business field such as banking industry,……….

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