Economics Economics is about how society deals with the problem of scarcity: we cannot have everything we want. We have to make choices. Economics is the study of how society makes these choices.

H1 (Economics) The H1 syllabus covers the core economic concepts and principles of the H2 syllabus.

It is equivalent to about 75% of H2 Economics in terms of syllabus content and it includes both the micro and macro aspects of Economics. The H1 syllabus maintains the same rigour as the H2 syllabus. The emphasis is on the application of Economic concepts and principles to explain, analyse and resolve economic issues, and evaluate policy decisions in real world context.

The intent of the H1 syllabus is to serve as a contrasting subject for Science students in the new JC curriculum.

Click here to view the syllabus and assessment format for H1 Economics.

H2 (Economics)

The H2 syllabus is intended to provide the basis for a broad understanding of economics.

Specifically, the syllabus aims to develop in students:

1. an understanding of fundamental economic principles, theories and concepts, and of the methods of analysis used by an economist

2. the ability to use the tools of economic reasoning to explain, analyse and resolve economic issues, and evaluate policy decisions

3. the habit of reading critically, from a variety of sources, to gain information about the changing economic activities and policies at the national and international levels

4. the ability to use evidence in making rational arguments in economic context and understand the roles of various economic agents.

Click here to view the syllabus and assessment format for H2 Economics.

H3 (Economics)

The H3 syllabus provides students who have exceptional interest and ability in the subject opportunities to satisfy their intellectual curiosity in economics as a discipline. It challenges students to investigate controversies surrounding economic issues on strategies of firms, efficiency, market failure and developments in regional and international economies. The syllabus provides a foundation for academic engagement in economics at the tertiary level. The H3 syllabus is designed on the assumption that students have knowledge and understanding of economics at H2 level. It is pitched at a level higher than that of the H2 syllabus. It builds on the competencies acquired in economics at the H2 level and requires students to demonstrate greater depth of analysis and evaluation. The syllabus aims and assessment objectives are an extension of those stated in the H2 syllabus.

Pre-requisites

A good command of written and spoken English.

Click here to view the syllabus and assessment format for H3 Economics.