Economics

Curriculum Objectives

The objectives of this assessment are to evaluate students’ abilities:

1. to know and understand fundamental economic concepts and theories;
2. to apply such concepts and theories to explain real world situations, especially the Hong Kong economy;
3. to understand and interpret economic information presented in various forms;
4. to acquire the basic tools of economic analysis;
5. to analyze economic issues;
6. to evaluate arguments, proposals and policies from different perspectives and make informed judgments; and
7. to present ideas clearly, and in a well-reasoned manner, illustrating answers with diagrams and examples.

Curriculum Content

1. Basic concepts
2. Firms & Production
3. Market & Price
4. Competition & Market Structure
5. Efficiency, Equity & the Role of Government
6. Measurement of Economic performance
7. National Income Determination & Price Level
8.  Money & Banking
9. Macroeconomic Problems & Policies
10. International Trade & Finance
11. Monopoly Pricing, Anti-competitive Behaviours & Competition Policies