Economics with Terence

🎯 3 Things You Might Not Know About Elasticity (but should!)

1️⃣ Exam questions won’t tell you it's about elasticity — you’ve gotta spot it yourself 👀
2️⃣ Diagrams are your best friend 🖊️📉 — if you're stuck, start there!
3️⃣ Memorise those factors (Demand, Supply, PED, PES, Price Mechanism) — they are REQUIRED for this topic 🚨

Master these and you can tackle essay and case study questions on ELASTICITY, with ease 💪📚

𝐒𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐉𝐂 𝐢𝐧 𝟐𝟎𝟐𝟓?
Here's some tips to conquer the most popular contrasting subject from year 1.
1) Start by exposing yourself to some Economic News. It doesn't have to be complicated. It can be simple everyday news you see, such as "What is the government doing about va**ng?"

2) Dive deeper to think about and understand the concepts behind the news

3) Read up on the theories to get yourself familiarized with the Economics concepts

Get acquainted with the JC Economics syllabus and discover what it takes to do well from year 1.

𝐉𝐂𝟏 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 𝐇𝐞𝐚𝐝𝐬𝐭𝐚𝐫𝐭 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩
https://www.thehessacademy.sg/j1-economics-headstart-workshop
***We open slots in January 2025!***

Pre-register now.

Didn't do well in your J1 Economics promo exams?

Here’s how to bounce back stronge:r 💪✨

🌿 Step 1: Take a break – Recharge, reset, and remind yourself that one exam doesn’t define you. 🧘‍♀️✨
📚 Step 2: Practice, practice, practice – Identify your weak spots and turn them into strengths. Consistency is key! 🔑
🔥 Step 3: Stay focused – This is your comeback story. Believe in yourself and keep going! 🚀💯

You’ve got this! 💛

Here's a simple trick to do better at the A levels.

If you are J1, you are probably just done with promos.

It's been a stressful year, but the next lap is even more crucial.

Watch this video to find out how to do well in the A levels!

Now that Promo exams are over...

Is it more beneficial to revise J1 Content or Learn Ahead to J2?

Watch this video to find out.

𝐂𝐡𝐨𝐨𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 𝐞𝐬𝐬𝐚𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐢𝐬 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥.

This is an aspect that most students neglect when practicing for the A levels.

Watch this video for insights on how to select the right question!

𝐒𝐡𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐬𝐩𝐨𝐭 𝐀 𝐥𝐞𝐯𝐞𝐥 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬?

Watch this video if you are planning to do so.

There really isn't a 'right' or 'wrong strategy', you just have to be FULLY PREPARED if you wish to have a pet topic.

Follow us if you are revising for the A levels!

We get asked this alot:
"𝐖𝐢𝐭𝐡 𝐬𝐨 𝐥𝐢𝐭𝐭𝐥𝐞 𝐭𝐢𝐦𝐞 𝐥𝐞𝐟𝐭, 𝐰𝐡𝐚𝐭'𝐬 𝐭𝐡𝐞 𝐛𝐞𝐬𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐩𝐫𝐞𝐥𝐢𝐦𝐬 𝐚𝐧𝐝 𝐀 𝐥𝐞𝐯𝐞𝐥𝐬?"

If you find yourself hard pressed for time, my advice is to divide and conquer. Focus on say Macro for the Prelims, and use your prelim score to gauge your level of preparedness.

Then use that to decide what you need to work on for the upcoming A levels.

If you want to boost your revision efficiency, consider joining my A level revision classes, where I go through questions from all J1 and J2 chapters, and use them to revise the techniques and framework to tackle Essay and CSQ.

Follow us if you love such content!

𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝟑 𝐓𝐢𝐩𝐬 𝐭𝐨 𝐖𝐫𝐢𝐭𝐞 𝐁𝐞𝐭𝐭𝐞𝐫 𝐄𝐜𝐨𝐧𝐬 𝐄𝐬𝐬𝐚𝐲𝐬

You don't want to be regurgitating content you have memorized.

The key here is to "Answer the question". You need to link back to the question and provide 'Economics Rigor' by including keywords, key diagrams and phrases.

Follow us for more!

Learn more about revision classes:
https://www.thehessacademy.sg/economics-programme

𝐑𝐞𝐯𝐢𝐬𝐢𝐧𝐠 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐉𝟏 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 𝐏𝐫𝐨𝐦𝐨 𝐄𝐱𝐚𝐦?

Here's what you should to do, with the limited amount of time available.

❌ Don't spend your time reading notes
✅ Do your practices and get them evaluated

All the best for your promo revision!

Learn more about our Promo revision program:
https://www.thehessacademy.sg/jc-economics-j1