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MOE’S OBJECTIVES FOR LEARNING THE ECONOMICS SYLLABUS
As stated by the MOE and SEAB:
“2.1.3 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
significance
b. Impact of market outcomes on consumers and
producers
• Consumer expenditure and producer revenue
• Consumer and producer surplus
c. Rationale and impact of government
intervention on consumers and producers
• Taxes and subsidies
• Price controls – maximum and minimum prices
• Quantity controls – quotas”
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PROFILE OF ECONOMICS
TUTOR
Mr WS has 12 years of Economics tutoring experience.
He has a Bachelor’s from NTU, majoring in Economics, and a Master’s from NTU in
Applied Economics. Mr WS teaches Economics at two leading tuition centres, and
is also a home tutor. His private tuition students attended Anderson Serangoon
Junior College, National Junior College, Nanyang Junior College, Serangoon
Junior College, Eunoia Junior College, and Hwa Chong Institution.
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