Economics Department

Economics is divided into two main branches, namely:

Microeconomics studies the decisions of individual elements such as households, firms, buyers and sellers in the economy, 

Macroeconomics studies issues such as unemployment and inflation, affecting the entire economy.

H2 Economics  9757 (examined at the A-level examination from 2017) :

Microeconomics

Theme 1: Central Economic Problem

• Scarcity as the Central Economic Problem

Theme 2: Market

• Price Mechanism and its Applications
• Firms and Decisions

• Market Failure

Macroeconomics

Theme 3: The National and International Economy

• Introduction to Macroeconomics

• Macroeconomic Aims and Policies
• Globalisation and the International Economy

Students with Economics background stand themselves in good stead as possible career opportunities include business analysts, economists in various companies and government agencies, as well as policy makers for national and international issues, for example, Central Provident Fund (CPF) Life, manpower policies, et cetera