At JC Economics Education Centre, we believe in employing innovative teaching strategies that can help students maximise their learning. You can look forward to many real world applications, ranging from issues such as the USA-China trade war, why cars generate negative externalities and why is the unemployment rate so high in Africa.
The study of A-level Economics evolves around the idea of rational decision-making. Across the two years in Junior College, students will investigate how different economic agents – the consumers, producers and governments make decisions to achieve their aims. Students will also be equipped with the tools of economic analysis to aid in analysing economic issues, evaluate perspectives and understanding policy decisions and outcomes.
ASSESSMENT OBJECTIVES:
Candidates are expected to:
AO1: Knowledge and Understanding
●Demonstrate knowledge and understanding of economic concepts, theories and principles.
AO2: Interpretation and Evaluation of Information
●Interpret economic information presented in textual, numerical or graphical form.
●Make valid inferences from information presented and evaluate the reliability of information given.
AO3: Application and Analysis
●Apply relevant economic concepts, theories and principles to analyse contemporary issues, perspectives and policy choices.
●Construct coherent economic arguments.
AO4: Evaluation
●Evaluate critically alternative theoretical explanations, contemporary issues, perspectives and policy choices.
●Recognise unstated assumptions and evaluate their relevance.
●Synthesise economic arguments to arrive at well-reasoned judgements and decisions.
Paper 1 (Case Studies)
The economics paper will include two case studies. Each of these will consist of two to three pages of data presented in textual, numerical or graphical form. Each will present contemporary multifaceted economic issues or policies, which may be from one or more themes in the syllabus. The data for each case study will be followed by six or seven part-questions including sub-parts. These questions will require candidates to apply relevant economic concepts, theories and principles in analysing, synthesising and evaluating economic issues, perspectives or policies, with reference to the data provided. About 12 marks of each set of the economics case study questions will be for data response questions, and about 18 marks will be for higher-order questions.
Paper 2 (Essays)
Questions in Section A will focus mainly on microeconomics and questions in Section B will focus mainly on macroeconomics. Each essay question may or may not be divided into part (a) and part (b). Questions may be put in real-world contexts. Candidates are expected to apply relevant economic concepts, theories and principles to analyse issues and to evaluate perspectives or policies. They should synthesise and construct coherent arguments to arrive at well-reasoned judgements and decisions.