9757 Y18 Sy H2 Economics For 2018 Seab-PDF Free Download

9757 y18 sy H2 Economics for 2018 - SEAB
24 Feb 2021 | 0 views | 0 downloads | 18 Pages | 409.85 KB

Share Pdf : 9757 Y18 Sy H2 Economics For 2018 Seab

Export 9757 Y18 Sy H2 Economics For 2018 Seab File to :

Download and Preview : 9757 Y18 Sy H2 Economics For 2018 Seab

Report CopyRight/DMCA Form For : 9757 Y18 Sy H2 Economics For 2018 Seab



Transcription

EconomicsSingapore-Cambridge General Certificate of EducationAdvanced Level Higher 2 (2018)(Syllabus 9757)CONTENTSPage2INTRODUCTIONAIMS3ASSESSMENT OBJECTIVES4SCHEME OF ASSESSMENT5SYLLABUS CONTENT7APPENDIX: RECOMMENDED READING17Singapore Examinations and Assessment Board MOE & UCLES 20161

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)INTRODUCTIONDesired Outcomes of Education and Learning of Economics in SingaporeThe Desired Outcomes of Education are attributes that educators aspire for every Singaporean to possessupon the completion of his formal education. These outcomes establish a common purpose for educators,and drive the Ministry of Education’s policies and programmes.The person who is schooled in the Singapore Education system embodies the Desired Outcomes ofEducation. He has a good sense of self-awareness, a sound moral compass, and the necessary skills andknowledge to take on challenges of the future. He is responsible to his family, community and nation. Heappreciates the beauty of the world around him, possesses a healthy mind and body, and has a zest for life.In sum, he is a confident person who has a strong sense of right and wrong, is adaptable and resilient, knowshimself, is discerning in judgment, thinks independently and critically, and communicates effectivelya self-directed learner who questions, reflects, perseveres and takes responsibility for his own learningan active contributor who is able to work effectively in teams, is innovative, exercises initiative, takescalculated risks, and strives for excellencea concerned citizen who is rooted to Singapore, has a strong sense of civic responsibility, is informedabout Singapore and the world, and takes an active part in bettering the lives of others around him.The learning of Economics is aligned with the Desired Outcomes of Education. Through the application ofeconomic concepts, theories and principles, candidates develop the capacity to assess the role of economicagents in the allocation of scarce resources and adopt multiple perspectives in understanding real-worldeconomic issues. Candidates recognise trade-offs and consequences that result from decision-making toarrive at well-reasoned decisions. Candidates thus develop a set of knowledge, skills and values thatencourages them to take an active interest in the domestic and global economy as contributing andconcerned citizens.Disciplinary Thinking in A-Level EconomicsGlobalisation, changing demographics and technological advancements are some of the key driving forces ofthe future. To help candidates thrive in a fast-changing world, one of the key 21st Century Competenciesemphasised in the Economics Curriculum is Sound Reasoning and Decision Making, under the domain ofCritical and Inventive Thinking.Given the importance of decision-making skills, the decision-making approach through an economic lens willbe used to front disciplinary thinking in A-Level Economics, with the visual representation and outline asfollows.2

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)A Framework for Disciplinary Thinking in A-Level EconomicsIn light of the central economic problem of scarcity, decision-making is fundamental. Scarcity leads to theinevitability of choices and trade-offs. In the context of the Economics syllabus, decision-making is framed asa process where candidates analyse how decisions are made from the perspectives of different economicagents (consumers, producers and governments), adjusting for dynamic changes where appropriate.Candidates will have to take account of the benefits, constraints, costs, perspectives and other necessaryinformation, while recognising the impact of the intended and unintended consequences arising from thedecisions made and the corresponding trade-offs. Candidates will also recognise that decision-making byeconomic agents can have multifaceted implications, where decisions made by an economic agent can havean impact on other economic agents.AIMSThe syllabus is intended to provide the basis for a broad understanding of economics. Specifically, thesyllabus aims to develop in candidates:1.an understanding of fundamental economic concepts, theories and principles, and of the tools andmethods of analysis used by economists2.the ability to use the tools and methods of economic reasoning to explain and analyse economic issues,and to evaluate perspectives and decisions of economic agents3.the habit of reading critically, from a variety of sources, to gain information about the changing economicactivities and policies at the national and international levels4.the ability to use evidence in making well-reasoned economic arguments to arrive at rational andconsidered decisions.3

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)ASSESSMENT OBJECTIVESCandidates 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 policychoices. Recognise unstated assumptions and evaluate their relevance. Synthesise economic arguments to arrive at well-reasoned judgements and decisions.4

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)SCHEME OF ASSESSMENTSpecification gridThe assessment comprises two compulsory written examination papers: Paper 1 (Case Studies) and Paper2 (Essays). Taken as a whole, both papers will incorporate a good balance of questions on microeconomicsand macroeconomics.OverallMarks(Weighting)H2EconomicsDescriptionPaper 1There will be two compulsory case studies.Case StudiesCandidates are required to answer all questions for eachcase study.Each case study carries 30 marks and constitutes 20% ofthe total marks. About 12 marks of each set of case studyquestions will be for data response questions, and about18 marks will be for higher-order questions. Paper 2Essays60 marksDuration2 hours15 minutes(40%)For Paper 1, questions testing AO1 AO2 AO3 will comprise about 40% of the marksand questions testing AO1 AO2 AO3 AO4 will comprise about 60% of the marks.Candidates are required to answer a total of three essayquestions, of which one must be from Section A, onefrom Section B and one from either Section A or B.Section A:Three essay questions focusing mainly onmicroeconomics will be set. Candidates must answer atleast one question from this section.75 marksEach question carries 25 marks.(60%)2 hours15 minutesSection B:Three essay questions focusing mainly onmacroeconomics will be set. Candidates must answer atleast one question from this section.Each question carries 25 marks. For Paper 2, questions testing AO1 AO3 will comprise about 40% of the marks andquestions testing AO1 AO2 AO3 AO4 will comprise about 60% of the marks.5

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)Description of componentsPaper 1 (Case Studies)The paper will include two case studies. Each of these will consist of two to three pages of data presented intextual, numerical or graphical form. Each will present contemporary multifaceted economic issues orpolicies, 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. Thesequestions 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 case study questions will be for data response questions, and about 18 markswill 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 onmacroeconomics. Each essay question may or may not be divided into part (a) and part (b). Questions maybe put in real-world contexts.Candidates are expected to apply relevant economic concepts, theories and principles to analyse issues andto evaluate perspectives or policies. They should synthesise and construct coherent arguments to arrive atwell-reasoned judgements and decisions.Use of calculatorsThe use of a calculator as approved by the Singapore Examinations and Assessment Board is allowed forPaper 1 and Paper 2.6

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)SYLLABUS CONTENTThe syllabus content comprises three core themes: The Central Economic Problem Markets The National and International EconomyUsing the disciplinary thinking framework in A-Level Economics which focuses on decision-making,candidates will have the opportunity to explain, analyse and apply economic concepts, theories andprinciples through the above themes. Candidates will also evaluate economic issues and policy choices in areal-world context and appreciate the interconnectedness across the themes.Theme 1: The Central Economic ProblemTheme 1 introduces candidates to the Central Economic Problem of unlimited wants and limited resources.The scarcity of resources necessitates choice and leads to decision-making. Through examining how theconcepts of scarcity, choice and opportunity cost are faced by economic agents (consumers, producers andgovernments), candidates will be able to understand the Central Economic Problem facing societies, and howeconomic agents use available information, and also consider perspectives, constraints, costs and benefits intheir decision-making. Candidates will also understand that decisions made by economic agents often haveboth intended and unintended consequences.This theme provides the foundation for the study of microeconomic and macroeconomic topics in Markets(Theme 2) and the National and International Economy (Theme 3) respectively, where the decision-makingapproach and concepts of scarcity, choice and opportunity cost recur.Theme 1.1 Scarcity as the Central Economic ProblemEconomics Content1.1Scarcity as the Central Economic Problem1.1.1 Scarcity, choice and resource allocationa.Concept of scarcity and the inevitability of choices by economic agents (consumers, producers andgovernments)b.Concept of opportunity cost and the nature of trade-offs in the allocation of resources1.1.2 Rational decision-making process by economic agentsa.Understanding objectives of economic agents Consumers – maximisation of utility Producers – maximisation of profits Governments – maximisation of social welfareb.Recognising constraintsc.Gathering information and considering perspectivesd.Weighing costs and benefits in decision-making*e.Recognising trade-offsf.Recognising intended and unintended consequencesNote:*A marginalist approach to weighing costs and benefits is the expected approach. Cost-benefit analysis(CBA) is not required.7

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)Theme 1.1 Scarcity as the Central Economic ProblemConcepts and Tools of Analysis Positive and normative economics*Microeconomics and macroeconomics*Scarcity, choice and opportunity costProduction possibility curve (PPC)Marginal cost, marginal benefit and marginalist principleMaximisation of utility*Maximisation of profit: Marginal Revenue Marginal CostMaximisation of social welfare: Marginal Social Benefit Marginal Social CostNotes:*An awareness of the concepts of positive and normative economics, microeconomics and macroeconomicsis sufficient.*An awareness of how consumers allocate resources to maximise utility is sufficient. The formal derivation ofutility maximisation is not required.8

9757 ECONOMICS GCE ADVANCED LEVEL H2 SYLLABUS (2018)Theme 2: MarketsIn Theme 2, candidates examine how markets deal with the Central Economic Problem and how decisionsare made by economic agents in markets. Theme 2 provides candidates with a microeconomic analysis ofhow markets function and how these markets may fail to achieve efficient and equitable outcomes.Candidates will be able to understand how market forces of demand and supply interact to bring about marketequilibrium. Candidates will also examine the strategies of firms to achieve their objectives. In addition,candidates will be able to understand that while decisions made by consumers and producers are necessaryfor the functioning of markets, these decisions may lead to inefficient and inequitable outcomes. Candidateswill be able to discuss how governments may intervene through public policy measures to improve efficiencyand equity while recognising limitations, unintended consequences and possible trade-offs of governmentintervention. This theme provides candidates with insights into real-world microeconomic issues and alsocreates opportunities to deepen their economic reasoning and analytical skills and to apply microeconomicconcepts to both Singapore and the global economy.Microeconomic concepts and theories in Themes 1 and 2 provide the foundation for candidates to extendtheir understanding of the micro-economy to the macro-economy in Theme 3.Theme 2.1 Price Mechanism and its ApplicationsEconomics Content2.1Price Mechanism and its Applications2.1.1 Price mechanism and its functionsa.Resource allocation in a free market2.1.2a.b.c.Interaction of demand and supplyDeterminants of demand and supplyEquilibrium price and equilibrium quantityChanges in demand and supply leading to changes in market equilibrium2.1.3 Applications of demand and supply analysis to real-world markets*a.Responsiveness of consumers and/or producers Price, income and cross elasticities of demand – determinants and significance Price elasticity of supply – determinants and si

an active contributor who is able to work effectively in teams, is innovative, exercises initiative, takes calculated risks, and strives for excellence a concerned citizen who is rooted to Singapore, has a strong sense of civic responsibility, is informed about Singapore and the world, and takes an active part in bettering the lives of others around him. The learning of Economics is aligned ...

Related Books

5105 y18 sy Science Physics Chemistry N A Level for 2018

5105 y18 sy Science Physics Chemistry N A Level for 2018

NOTES FOR QUALITATIVE ANALYSIS 32 THE PERIODIC TABLE OF ELEMENTS 33 BIOLOGY SECTION INTRODUCTION 34 CONTENT STRUCTURE 34 SUBJECT CONTENT 35 SUMMARY OF KEY QUANTITIES SYMBOLS AND UNITS 41 PRACTICAL GUIDELINES 41 GLOSSARY OF TERMS USED IN SCIENCE PAPERS 42 SPECIAL NOTE 44 5105 5106 and 5107 SCIENCE GCE NORMAL ACADEMIC LEVEL SYLLABUS 2018 2 AIMS These are not listed in order of priority

5078 y18 sy Science Chemistry Biology O Level for 2018

5078 y18 sy Science Chemistry Biology O Level for 2018

NOTES FOR QUALITATIVE ANALYSIS 36 COLOURS OF SOME METAL HYDROXIDES 37 THE PERIODIC TABLE OF ELEMENTS 38 BIOLOGY SECTION 39 INTRODUCTION 39 CONTENT STRUCTURE 39 SUBJECT CONTENT 40 SUMMARY OF KEY QUANTITIES SYMBOLS AND UNITS 50 PRACTICAL ASSESSMENT 51 GLOSSARY OF TERMS USED IN SCIENCE PAPERS 54 SPECIAL NOTE 55 5076 5077 and 5078 SCIENCE GCE ORDINARY LEVEL SYLLABUS 2018 2 AIMS These are not

2236 y18 sy Geography O Level for 2018 SEAB

2236 y18 sy Geography O Level for 2018 SEAB

1 Geography Singapore Cambridge General Certificate of Education Ordinary Level 2018 Syllabus 2236 CONTENTS Page INTRODUCTION 2 KEY GEOGRAPHICAL CONCEPTS 4 AIMS AND LEARNING OUTCOMES 5 ASSESSMENT OBJECTIVES 6 SCHEME OF ASSESSMENT 8 USE OF CALCULATORS 9 SYLLABUS FRAMEWORK AND OUTLINE 9 SYLLABUS CONTENT 12 GLOSSARY OF TERMS 40 2236 GEOGRAPHY GCE ORDINARY LEVEL SYLLABUS 2018 2

7085 y18 sy Business Studies O Level for 2018 SEAB

7085 y18 sy Business Studies O Level for 2018 SEAB

7085 BUSINESS STUDIES GCE ORDINARY LEVEL SYLLABUS 2018 7 1 4 Types of business organisation 1 4 1 The main features of different forms of business organisation Sole traders partnerships private and public limited companies franchises and joint ventures Differences between unincorporated businesses and limited companies Concepts of risk ownership and limited liability

Cambridge IGCSE Economics 0455 Cambridge O Level Economics

Cambridge IGCSE Economics 0455 Cambridge O Level Economics

Cambridge IGCSE and O Level Economics 0455 2281 4 This guide explains what you need to know about your Cambridge Economics course and examinations It will help you to 9 understand what skills you should develop by taking this IGCSE course 9 understand how you will be assessed 9 understand what we are looking for in the answers you write

Economics Major Business Economics

Economics Major Business Economics

The Economics Department may impose additional admission requirements for students wishing to declare a minor or a second CBA major Eligibility to declare a business minor or a second CBA major is based on having a 2 5 GPA and space availability

A Guide to Graduate Study in Economics Ranking Economics

A Guide to Graduate Study in Economics Ranking Economics

departments with Ph D programs at American and Canadian universities and was verified with Petersons Guide lo Graduate Schools Based on this we identified 129 programs located in the United States that offered doctoral degrees in economics as of the spring of 2004

GRADE 11 ECONOMICS UNIT MODULE 1 INTRODUCTION TO ECONOMICS

GRADE 11 ECONOMICS UNIT MODULE 1 INTRODUCTION TO ECONOMICS

GR 11 ECONOMICS U1 UNIT INTRODUCTION 7 MODULE 1 INTRODUCTION TO ECONOMICS AND THE ECONOMIC PROBLEM UNIT INTRODUCTION Unit 11 1 focuses on what economic is the basic

1 Mathematical economics Paris School of Economics

1 Mathematical economics Paris School of Economics

Lecture notes based mostly on Chiang and Wainwright Fundamental Methods of Mathematical Economics 1 Mathematical economics Why describe the world with mathematical models rather than use verbal theory and logic After all this was the state of economics until not too long ago say 1950s 1 Math is a concise parsimonious language so we

Economics 307 Section 01 Urban Economics Spring 2017

Economics 307 Section 01 Urban Economics Spring 2017

Lectures on Urban Economics by Jan K Brueckner Print ISBN 9780262300308 Electronic ISBS 9780262300308 This book is available online through the Addlestone Library for free The content of this class represents a combination of topics across a variety of topics In addition to the required textbook required readings will also be posted on

Economics 307 Section 01 Urban Economics Spring 2016

Economics 307 Section 01 Urban Economics Spring 2016

Lectures on Urban Economics by Jan K Brueckner Print ISBN 9780262300308 Electronic ISBS 9780262300308 This book is available online through the Addlestone Library for free The content of this class represents a combination of topics across a variety of topics In addition to the required textbook required readings will also be posted on

Health Economics Economics 334 and Public Policy 331

Health Economics Economics 334 and Public Policy 331

Frank A Sloan Health Economics Economics 334 and Public Policy 331 Course Description This course provides a comprehensive overview of topics related to workings of health care markets and determinants of health in high income countries particularly the U S Health economics is a field in applied microeconomics It draws on basic