Course Information

Course Description

The Economics course is designed to develop learners' knowledge, understanding, and skills in various aspects, including in-depth subject content, independent thinking, application of knowledge to new situations, evaluation of different information sources, logical thinking, argumentation, and effective communication in English. Students will learn to explain and analyse economic issues, evaluate economic information, and present their ideas and judgements clearly. The course covers fundamental economic concepts such as the price system, government intervention, international trade, employment and inflation measurement, and macroeconomic theory and policy.

Course Objectives

The objectives of this course are to enable students to:

  • Acquire knowledge and understanding of economics terminology, concepts, theories, and principles.
  • Express ideas effectively in writing, using statistics, diagrams, or other appropriate methods.
  • Develop the habit of utilising reference materials specific to economics.
  • Critically read and gather information about changes in the broader economic and social environment.
  • Appreciate the methods economists use and the effective analysis, correlation, discussion, evaluation, and presentation of economic information.
  • Cultivate an interest and enthusiasm for economics that may lead to further study.

 

Course Outline

The course covers the following topics:

  • The price system and the microeconomy
  • Government microeconomic intervention
  • The macroeconomy
  • Government macroeconomic intervention
  • International economic issues

 

Student Acquisitions

Upon completing this course, students will be able to:

  • Explain and analyse economic issues and arguments effectively.
  • Evaluate economic information critically.
  • Organise, present, and communicate ideas and judgements clearly.
  • Utilise statistical data, diagrams, and other methods to support their arguments.
  • Read critically and stay informed about changes in the economic and social environment.

 

Learning Methodologies

The course employs various learning methodologies to enhance understanding and engagement, including:

  • Active participation in discussions, debates, and case studies.
  • Real-world application of economic concepts through practical exercises and simulations.
  • Analysis of economic data and interpretation of statistical information.
  • Utilisation of reputable reference materials for research and information gathering.
  • Effective utilisation of communication skills to present reasoned explanations and arguments.