EconsActually

01/02/2023

Preview of latest TYS suggested answers is out!

Explain how economic theory suggests consumers act rationally to decide whether or not to buy a bicycle, and how producers of bicycles act rationally to determine their level of output. [10]

The market for bicycles is often said to generate external benefits such as reduced traffic congestion and reduced air pollution. Explain how economic theory suggests consumers act rationally to decide whether or not to buy a bicycle, and how producers of bicycles act rationally to determine their l...

24/05/2022

https://www.econsactually.com/post/2019-gce-a-level-economics-case-study-china-s-belt-and-road-initiative

{N2019 GCE A Level Case Study}

Considering possible advantages and disadvantages to the Pakistan's economy of China's Belt and Road Initiative, assess whether it is likely to be of overall benefit to Pakistan.

Considering possible advantages and disadvantages to the Pakistan's economy of China's Belt and Road Initiative, assess whether it is likely to be of overall benefit to Pakistan. (8 marks) The ‘Belt and Road Initiative’ can bring advantages such as higher economic growth and employment to the Pa...

08/02/2022

https://www.econsactually.com/post/2020-a-level-economics-h2-paper-2-answers

Government expenditure on large-scale infrastructure projects such as airports and mass rapid transit (MRT) can contribute significantly to a country’s economic growth.

(a) Explain how government expenditure on large-scale infrastructure can contribute to a country’s economic growth. [10]

(b) Discuss the extent to which such government expenditure on infrastructure projects will lead to a rise in the living standards of a country. [15]

Government expenditure on large-scale infrastructure projects such as airports and mass rapid transit (MRT) can contribute significantly to a country’s economic growth. (a) Explain how government expenditure on large-scale infrastructure can contribute to a country’s economic growth. [10] Introd...

06/12/2021

https://www.econsactually.com/post/2019-gce-a-level-economics-9757-essay-q2b-foreign-worker-levies-labour-shortage-in-sg

N2019 Essay Q2b
Discuss whether making changes to the foreign worker levy is likely to be the most effective way the Singapore government can address the labour shortages experienced by such firms. [15]

09/06/2021

N2019 Case Study Question: End of Globalisation?

Using economic analysis and based on the evidence provided, discuss whether you agree with the view that globalisation is reversible?

https://www.econsactually.com/post/n2019-gce-a-level-case-study-q2f-end-of-globalisation

01/02/2021

Effects of Grab TakeOver of Uber on SG Consumers

Marker's Comments: (a) Stronger responses made good use of economic concepts and the tools of economic analysis to explain why consumers might be better off and why they might be worse off. Stronger responses considered the impact of internal economies of scale, which lead to a fall in price and a b...

07/03/2019

recently secured a new funding round of US$1.5B to finance its ambition to become a super-app. This will help to compete more effectively with in S.E.A.

Read more in our commentary on the sustainability of the ride hailing app business model here: https://www.econsactually.com/single-post/2019/01/24/Is-the-ride-hailing-app-business-model-sustainable-in-Singapore

26/02/2019

Congrats Class if 2018 - May you continue to strive for excellence!

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23/02/2019

Heartiest Congrats to EconsActually Students who have aced the A level Econs Exam.

More important is your tenacity and perseverance of overcoming all odds to realize your potential.

You inspire me to do better as an econs tutor as well 🙂

See more at:
https://www.instagram.com/s/aGlnaGxpZ2h0OjE4MDEyMjIwOTUxMDgyMzA0/

@ Econs Actually

23/02/2019

Heartiest Congrats to EconsActually Students who have aced the A level Econs Exam. More important is your tenacity and perseverance of overcoming all odds to realize your potential. You inspire me to do better as well :)

20/02/2019

SG plans a budget deficit (govt expenditure > tax revenue) indicating an expansionary fiscal policy amid a slowing global economic growth. (See Figure 1)

In Figure 2, the top 3 contributors to government revenue in 2019 are:
1) Corporate Income Taxes (~$15B)
2) Personal Income Taxes (~$11B)
3) Goods & Services Taxes (~$11B)

@ Econs Actually

24/01/2019

Is the ride-hailing app business model sustainable in Singapore?

The inspiration for this blog article came after I read an article on bloomberg which is titled "The Cab Ride That Nearly Killed Me Changed How I Think About Ri...