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Economics Tuition Singapore A Level H2 H1 Economics Tuition – Macroeconomic Polices and Impacts
Economics Tuition Singapore A Level H2 H1 Economics Tuition – Macroeconomic Polices and Impacts
Compilation of A levels Essays by Topics (2007-2014)
TYS N2014
Since the economic crisis of 2008, rates of economic growth across the world have differed considerably.
- Explain the key determinants of actual and potential economic growth. [10]
- Assess the alternative economic policies that the Singapore government could adopt to maintain a sustained rate of economic growth into the future. [15]
TYS N2013
On 1 Sep 2011 the Monetary Authority of Singapore (MAS) reported that inflationary pressures remained strong because of the tight domestic labour market, high consumer spending and rising commodity prices.
- Explain how factors mentioned above will lead to inflationary pressures remaining strong in Singapore. [10]
- Discuss alternative economic policies that the Singapore government might consider adopting to alleviate these inflationary pressures. [15]
TYS N2012
During 2009 the Bank of England engaged in what is known as ‘quantitative easing’ by pumping more than £200 billion into the economy. Record low levels of interest rates have also been maintained within the UK economy. Quantitative easing and low interest rates were also adopted by the US.
- Explain why exchange rates rather than interest rates are the preferred choice as the instrument of monetary policy in Singapore. [10]
- Discuss the likely impact on the Singapore economy of quantitative easing and low interest rates in the US and the UK. [15]
TYS N2011
In the study of macroeconomics, investment can take many forms including foreign direct investment, fixed capital investment and investment in human capital.
- Explain what is meant by these different types of investment. [10]
- Discuss how far supply-side policies can be used to stimulate these different types of investment. [15]
TYS N2011
- Explain the process whereby an increase in government expenditure can lead to a bigger change in national income. [10]
- Discuss the extent to which conflicts in government macroeconomic objectives limit the scope for the use of fiscal policy in any economy. [15]
TYS N2010
The recent worldwide recession caused many governments to re-assess their use of fiscal policy in order to stimulate their stagnating economies.
- Explain what would reduce the effectiveness of fiscal policy as a stimulus to the Singapore economy. [10]
- Assess alternative policies that might be more appropriate in managing the Singapore economy when faced with a worldwide recession. [15]
TYS N2010
When there are large increase in the prices of oil and other primary products, they are usually expected to lead to rising inflation throughout the world’s economies.
Discuss the extent to which these factors are likely to affect the rate of inflation in Singapore. [25]
TYS N2008
Discuss the most appropriate policies that a government could adopt to encourage both actual and potential growth. [25]
TYS 2008
Discuss the relative significance of the multiplier, the price elasticities of demand for imports and exports, and crowding-out in influencing macroeconomic policy decisions. [25]
TYS N2007
(a)”To be considered successful, an economy needs to achieve low unemployment, low inflation and stable economic growth.” Explain this statement. [12]
(b)Discuss whether fiscal policy is the most effective way for Singapore to sustain a successful economy. [13]
TYS N2007
- Explain the potential causes of balance of payments deficit on current account. [10]
- Discuss which measures, if any, a government should adopt when confronted with a current account deficit. [15]
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