December 2020 Revision Programme for JC and IB Students

Do you need a quick yet effective review of key Micro concepts during the December school holidays to help you strengthen your foundation for JC1/IB Year 5 topics before progressing to JC2/IB Year 6? At EconsLab, we organize Revision Classes to give our students the knowledge, skills and much needed boost of confidence to set them in the right mode to continue their learning journey to JC2/IB Year 6.

Do not worry about large class size and hence inability to follow the content covered. Our small class size allows for ample interaction between students and our Dean’s List Star Tutor Ms Foo. With a small class, students would not feel left out. It is also easy for students to ask questions at any point in time without feeling awkward. Students’ struggle in class will not go unnoticed due to the small class size.

Revision Class Details:

Date:

  • 7 Dec & 8 Dec (JC H2 Economics students)

  • 14 Dec & 15 Dec (JC H2 Economics students)

  • 17 Dec & 18 Dec (IB HL students)

Duration:

  • 9.30am to 4.30pm on first day & 9.30am to 12.30am on second day (total 9 hrs)

Venue: #04-30 North Bridge Centre S(188727), Opposite NLB in Bugis along North Bridge Road

Fees: $540 ($20 discount if sign up with friends)

Registration and Fees Payment: Please drop Ms Foo a text/Whatsapp/email to register your interest in the course. Do indicate your level i.e. JC H2/IB HL/IB SL when signing up.

Revision Programme Details:

The revision class focuses on coverage of key Micro concepts which is much needed for relevant and accurate application to questions. Students would also learn how to apply the concepts to questions through step-by-step guided practice on essays (JC H2 & IB HL & IB SL) and CSQs (JC H2). Much focus will also be placed on helping students to gain mastery of questions analysis and ways to structure answers based on different question requirement.

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A) Curriculum for JC H2 & IB HL Economics Students

Key Concepts on Topics covered:

1) Scarcity as the Central Economic Problem with emphasis on Rational Decision-Making process by economic agents: consumers, producers and government using the Marginalist Approach. Scarcity, choice and opportunity cost with Production Possibility Curve.

2) Price Mechanism and its Applications with emphasis on Price Mechanism, Interaction of Demand and Supply, Price Elasticities of Demand and Supply, Government Intervention via Taxes, Subsidies and Price Controls.

3) Market Failure with emphasis on Public Goods, Externalities, Merit and Demerit Goods and Government Intervention (various policies to deal with different sources of market failure).

4) Firms and Decisions with emphasis on Firms Objectives, Internal and External Economies and Diseconomies of Scale, Market Structures, Impact of decisions and strategies on consumers, firms and governments including efficiency (allocative, productive, dynamic), equity and consumer welfare, Price Discrimination, Competition vs Collusion.

B) Curriculum for IB SL Economics Students

Key Concepts on Topics covered:

1) Scarcity as the Central Economic Problem with emphasis on Rational Decision-Making process by economic agents: consumers, producers and government using the Marginalist Approach. Scarcity, choice and opportunity cost with Production Possibility Curve.

2) Price Mechanism and its Applications with emphasis on Price Mechanism, Interaction of Demand and Supply, Price Elasticities of Demand and Supply, Government Intervention via Taxes, Subsidies and Price Controls.

3) Introduction to Macroeconomics with emphasis on Circular Flow of Income, Aggregate Demand and Aggregate Supply.

4) Macroeconomic Aims and Policies with emphasis on Living Standards and its indicators, Economic performance and its indicators (Economic Growth, Price Stability), Macroeconomic issues covering causes and consequences related to the Macroeconomic Goals, Fiscal Policy.
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Do you need constant guidance from Ms Foo besides the revision class after school reopens? Sign up for our regular classes which is available on various tuition options. Do register your interest with Ms Foo soonest and you will be on your way to resolve your problems in the subject.

We look forward to see you soon.