Economics. What is Economics about? Investment.

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Presentation transcript:

Economics

What is Economics about?

Investment

Banks Money Creation!?

Ming Pao July, 2008 Zimbabwe (Hong Kong)

Economics One of the aims is to: enhance students’ intellectual capacity for life-long learning and participate as informed and responsible citizens in the decision-making processes

NSS Economics Compulsory Electives Curriculum

1. Basic economic concepts 2. Firms & Production 3. Market & Price 4. Competition & Market Structure 5. Efficiency, Equity & the Role of Government NSS Economics Compulsory (~ 90% lesson time) Curriculum

6. Measurement of Economic Performance 7. National Income Determination & Price Level NSS Economics Compulsory (~ 90% lesson time) Curriculum 8. Money & Banking 9. Macroeconomic Problems & Policies 10. International Trade & Finance

NSS Economics Elective 1: (a)Monopoly Pricing (b)Anti-competitive Behaviour & Competition Policy Curriculum Elective 2: (a)Trade Theory (b)Economic Growth & Development OR Electives (~ 10% lesson time)

Assessment ComponentParts Weighting Duration Public Examination Paper 1 (MC questions)25%1 hour Paper 2 (Conventional paper) - Part 1: Compulsory Part - Part 2: Elective Part 60%2 hours School- based Assessment (SBA) Task-based assessment (News commentary or essay/report) 15% Remarks: Starting from 2014 onwards

Pre-requisites Students should be active thinkers and take part in discussion. Mathematical ability in: - simple calculation such as algebra & marginal analysis; and - understanding graphs and curves. Logical reasoning on economic theories & its applications in real life.

$ Q D AC Q1Q1Q1Q1 P1P1P1P1 MC MR Price (P) Q/period D $6000 $ ,000   A B

Further studies and career - Business-related subjects such as BBA in universities - business field such as banking,……….

Thank You!