A-Level Economics Tuition

Supply-Side Policies: Complete A-Level Economics Guide with Singapore Examples, Advantages and Limitations Supply-side policies are government measures designed to increase the productive capacity, efficiency and flexibility of an economy. For A-Level Economics, students should understand that supply-side policies mainly aim to improve the supply side of the economy, rather than simply increasing aggregate demand. The…

Economics Notes Chapter 5: Income Elasticity of Demand (YED) Part 5.4 – Examination Techniques, Case Study Applications, Model Essays and Evaluation By Dr. Anthony Fok Introduction By now, you should understand: However, knowing the theory alone is not enough to score an A in the Singapore-Cambridge A-Level Economics examination. Many students lose marks because they:…

Chapter 6: Cross Elasticity of Demand (XED) Part 6.1 – Understanding Cross Elasticity of Demand By Dr. Anthony Fok Introduction Imagine Coca-Cola increases the price of Coke by 15%. Will more consumers buy Pepsi? Suppose Apple raises the price of the iPhone. Will consumers switch to Samsung smartphones? Now consider another situation. If the price…