What we are teaching in Term 1 2018
In the term 1 of 2018, the topics we are focusing on teaching and enriching will be Central Economics Problems and theory of demand and Supply for J1 Economics for both H1 and H2 syllabus. As for J2 students, the topics covered will include the AS-AD models, economic indicators, economic growth and standard of living. We will be giving out teaching notes and listing at our various learning websites, articles, learning videos and other useful information about these two chapters.
Enrich yourself with these materials:
J1 Learning Materials
Our J1 Learning Materials emphasise on streamlining the flow of Economics concepts to our students due to it being a new subject for many. We cover the each chapter comprehensively, touching on all areas such as Essay Writing, Case Studies, E-Learning Videos and Notes etc.
1.1) JC Economics Essay on Central Economic Problem of Scarcity
Chosen from our essay banks, our economics essays on Central Economics Problems combine the concepts of scarcity and market mechanism and weave into prose writing for students to understand how a proper essay should be written.
Essay – Central Economic Problem of Scarcity
1.2) Case Study on Demand and Supply
Apart from Essays, students can also benefit from our Case Studies Questions, from which they are expected to derive analytical skills and active reading skills through an attempt of our questions within time constraints.
CSQ – Durian frenzy spreads to China
1.3) E-Learning Videos on Market Economy
In addition, we offer students E-Learning videos on a variety of concepts that they can tap into at any place and at any time. This is aimed at making learning conducive for our students who wish to understand the Market Economy in advance for instance.
Video – What is a market economy?
1.4) JC Notes on Central Economics Problems
Prior to attempting any questionnaires, students should already have a firm grasp of content knowledge as such is a prerequisite for exams nowadays. Otherwise, you can search our JC Notes on Central Economics Problems and learn the definitions and economics factors now!
Notes – Meaning of Opportunity Cost
J2 Learning Materials
As students progress to the J2 Level, they start moving into the complexities of Macroeconomics, learning how Economics function on different countries’ level. Our Learning Materials will engage students in an extensive education to serve their academic palates with Articles, Case Studies and E-Learning Videos.
2.1) JC Article on Standard of Living
To aid our students’ writing, we are exposing them with a spectrum of articles and in turn, up-to-date content knowledge. The following article discusses the issue on Standard of Living (SOL) in Singapore, lending insights on the measurement of SOL as well as the quality of life in Singapore.
Article – Is Singapore’s standard of living really high?
2.2) JC Article on Real GDP
In our next article discussion, we touch on the issue of Real GDP and relate to students the significance of it. Students will understand the rationale of studying real GDP and how countries can use such data to interpolate into the study of quality of life.
Article – What is GDP and why is it important?
2.3) Case Study on Real GDP
Furthering our students’ understanding of Real GDP, they may attempt our Case Study Question (CSQ) on Real GDP and apprehend how examination papers can test the topic of Real GDP while drawing comparison with other macroeconomic indicators.
CSQ – Economic Indicators of USA and Japan
2.4) E-Learning Videos on National Income Accounting
Additionally, students can view our E-Learning Videos which illustrates the concept of National Income Accounting. These videos provide convenience to students as they can learn on the go or whenever they face difficulties in their learning.
Video – How can government raise standard of living in a country?
Many of my students frequently ask me – “Mr Teo, is there a JC Econs Model Essay out there that I can memorise and Ace my Econs? Can send me?”
Before we address this question directly, we will go through three big misconceptions 90% of JC students have for their Econs Essay.
Myth #1 : JC Econs Essay is just another Sec School’s Social Studies / History Essay.
Many students tell me – “Mr Teo, isn’t econs essay similar to what I’ve learnt in Sec Sch? Just another essay for me to argue my way out?” Well, yes and no. The only similarities between the two are they require candidates to display independent thinking skills and qualitative writing skill. However, the content difference between what you learnt in Sec School and JC Econs are of the total opposite. In Econs Essay, you can’t afford to “fool” your examiners by being deliberately vague and open-ended. This may work in Sec School but is the surest way to suicide in A Levels Econs. In your Econs essays, you are required to bring in specifically:
- Economic analysis – You have to bring in economic analysis to showcase that you know your stuff. Supposing you are required to explain why housing prices fall in Singapore, you can’t afford to be vague. You have to use demand and supply analysis to showcase your knowledge – fall in demand due to cooling measures (need to elaborate) imposed by Government and increase in supply for property developers (need to elaborate). Lastly, you have to link your economics analysis closely to your diagram(s) (covered below).
- Specific examples – Remember, specific is terrific. You have to bring in specific examples! If essay question requires you to explain expansionary fiscal policy in Singapore – an example of recent government spending in Singapore would be developmental spendings on infrastructures like Thomson and Downtown MRT line.
- Diagrams – You are seating for an Econs paper, not General Paper! If you find yourself not drawing any economics diagrams, there must be something wrong (Tips of Diagram Drawing to be covered below)!
Myth #2: There is no need to plan my JC Econs Essay.
Many students will also tell me: “aiyah.. no time to write already.. where got time to plan.”
“If you fail to plan, you plan to fail.” – Benjamin Franklin
We’ve asked many students if their school advocate any planning for their essays and 95% of them say no. The lecturers are clearly obsessed in covering how to answer the essay questions but often neglected the important step of planning how to.
90% of the students that are struggling to pass their econs essay do not plan their writing. Without adequate planning, they commit straight into the question, without fully understanding the actual requirements of the essay and this is the surest way to fail! Find out from our previous post: 4 life saving tips of writing JC Econs Essay here to help you with your planning!
And most importantly Myth #3 : There are model answers for essays out there for me to memorise.
According to a reason Straits Times article – Memorising exam answers won’t score you the As, as the heading suggest, candidates are no longer able to memorise their way out.
Candidates who wants to score A must be able to demonstrate clear understanding of economics concepts and independent thinking skills, in another words, put on your thinking cap and start evaluating base on different question requirements, especially when every questions are uniquely different.
“A little knowledge is a dangerous thing” – Alexander Pope
The most dangerous thing a candidate could do is to go to any major popular bookstores to buy these “so-called” model answers for JC essays. When students try to find shortcut and memorise all the essays in these assessments book, they run into a very big risk in answering out of point.
Yes, you may be lucky in memorising the correct “model answer” from these assessment books. But honestly, what are the odds of two exact same questions coming out for exams?
Also compare the following two questions:
a)”Discuss the usage of Fiscal Policy in Singapore to combat unemployment (15)” vs b)”Discuss the usage of Macro Policies in Singapore to combat unemployment (15)”
One word difference is all it takes to change the entire angling point of your essay paper. Try applying memorised answer of a) on b) (vice-versa) and I assure you this is the surest way to fail! A simple misunderstanding of a command word (fiscal vs macro) is fatal. Having a little knowledge on each question is dangerous. You need to comprehend the requirements of the question carefully by identifying the command words before you approach the question!
“If I can’t memorise, then how? Am I going to fail?”
Don’t worry! Throughout our decade long of teaching experience, we have developed a simple and structured framework called the 4 Step ACE Technique to help students to systematically tackle essay and big case study questions. We have attached a sample essay (for reference only, not model answer by any means) on how I have used this simple writing technique to helpmany students from “U” grade to “A” grade.
Download Suggested JC Essay Answer Scheme
If you have any troubles understanding how the technique work, we welcome you to our program and experience first hand how easily you can apply this technique on various different essay questions.
Lastly, having difficulties drawing diagrams? Don’t know how to effective relate diagrams to your essay?
Click below to download your exclusive e-book on “3 Little Known Ways To Draw Good Econs Diagrams”. Using my special VCR principle and see youressay / case study score improve immediately within 7 days!
Download Diagram E-book for Free
ACE Your JC Econs with Jeff