Our all lessons are specially planned to help students build a stronger base in the basic Economics concepts, and strong emphasis is placed on analytical and critical thinking skills.

2. Our all lessons are
specially designed to
help students build a
stronger foundation in
the fundamental
Economics concepts,
and strong emphasis
is placed on analytical
and critical thinking
skills.

3. National Income Accounting and
Standard of Living
Economic Growth
Unemployment

4. 1. Discuss whether a fall in direct taxes and an
increase in indirect taxes can lower
the standard of living in Singapore.
2. Assess the role of foreign direct investment in
raising the standard of living of a
country.
3. Discuss whether a fall in national income is a good
indicator that there has also
been a decline in the standard of living in the country.

5. • Explain the factors that
determine the equilibrium
level of national income.
• Evaluate the extent to
which a cut in interest rate
will spur economic growth.
• Explain how a global
recession would impact
the Singapore economy.

6. Explain the main causes of
unemployment in Singapore in
recent years.
To what extent could a shift from
direct tax to indirect tax reduce
unemployment in Singapore.
Discuss whether Singapore will
solve the problem of increasing
unemployment differently form the
USA.

7. CONTACT US
• Address - 170 Upper Bukit Timah Road
#B1-14, Singapore
• Call / SMS: 82513684
• Website – www. economicstuition.com.sg