We are providing best resources on Economics to help the students to score distinctions at their A-level examinations.

2. iscuss how the Singapore government might use the concepts of
elasticity of demand and supply to promote economic growth in
Singapore.
xplain the concepts of price elasticity of demand and income
elasticity of demand, indicating why elasticities are different for
different products.
iscuss how the Singapore government might use the concepts of
price elasticity of demand and income elasticity of demand to achieve
its economic objectives.

3. 1 ) lways use a ruler.
2) o not draw diagrams which are too small. Use at
least a quarter of your foolscap paper.
3) abel your axes as accurately as possible.

5.  Explain how firms set their price and output in response to
the actions of their rival firms.
 Contrast the features of perfect competition with those of
monopoly.
 Discuss the view that there should be more regulation of
monopolies in an economy.
 Discuss the view that oligopoly is the most common
market structure in Singapore.
 Discuss the view that more market power leads to the
exploitation of consumers.

6. 1) What might cause an appreciation of
Singapore’s exchange rate level?
2) Explain how macroeconomic problems might
result from a depreciation of Singapore’s
exchange rate.

7.  The Central Problem of Economics
 Theory of Demand and Supply
 Production and Cost
 market Structure
 Market Faiure
 National Income
 InternatinalTrade
 Macroeconomics objectives and Policies

8. BukitTimah Shopping Centre
170 Upper BukitTimah Road
#B1-14, Singapore
98610186