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Useful concise notes and with exam questions as examples
are available on the following topics.
Please contact 98639633 or 96790479
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2013 Sept Intensive Revision dd 28 Aug 13 – Website
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S.R.J.C Method by Ryan Goh SRJC Method
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1. Microeconomics
1.1 Market System
1.1.1 Scarcity, Choice and Opportunity Cost
1.1.2 Resource Allocation in Competitive Markets : Demand, Supply and Elasticity Conceepts
1.1.3 Firm and How They Operate : Market Structure
1.2 Market Failure and Government Intervention
1.2.1 Public Goods
1.2.2 Positive Externalities/Merit Goods
1.2.3 Negative Externalities/Demerit Goods
1.2.4 Imperfect Information
1.2.5 Immobility of Factors of Production
1.2.6 Imperfect Market – Market Dominance
1.2.7 Income Inequility
2. Macroeconomics
2.1 How the Macroeconomy Works
2.1.1 Economics Indicators and Standard of Living
2.1.2 Circular Flow of Income and Equilibrium Income
2.1.3 Macroeconomics Goals
– Growth
– Unemployment
– Inflation
– Balance of Payment
– Conflicting Goals
2.2 International Economics