h2 econs revision lecture

This is copied from EMB:

Dear C2 H2 Economics Students,

Post-Prelim Economics Revision lecture 2 on 1 Oct 2007 (1-3pm)

Tutors will be going through the following:
1. Trend on Microeconomics Essay Questions
2. Trend on Macroeconomics Essay Questions
3. Go through 2 macroeconomics essay questions (refer to below)

Sudents are to prepare answers to these 2 Questions:

Question 1

Trade between Singapore and New Zealand jumped 35% in the first two
months of this year compared with the same period last year after the
implementation of a bilateral free trade agreement (FTA).

(a) Explain the economic justification for Singapore in the signing
of Free Trade Agreement with other countries. [12]

(b) Discuss the view that the key benefits that Singapore may enjoy
as a result of the FTA may be in conflict with some of the
government’s main macroeconomic goals. [13]

MJC Prelim Question

Question 2

(a) Explain some possible causes of a balance of trade deficit and
consider if USA should be concerned over its trade deficit with
China. [12]

(b)Discuss whether fiscal policy is the best method to reduce a
balance of trade deficit in an economy. [13]

CJC Prelim Question

Econs reps,

Please collect suggested answers to HCI Prelim Exam and Revision
lecture 1.


Economics Unit

:)