Ms Foo’s lessons are always engaging and challenging. There is alot of consideration for different perspectives that allows us to expand our breath of knowledge. Ms Foo also fixates alot on our writing, so this allows us to improve our technical ability when answering questions. There is also sufficient practices given that allows us to constantly exercise our Economics muscles.
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Well done to one of our existing JC1 students who scored an A grade for Economics in the Promotional Exam! The hard work of our student paid off!
Are you struggling in Economics? Do you wish to also master the subject with great ease and conquer the exams?
Find out more about our classes now and do register your interest with us for 2020. Registration is open.
You could very well be the next A grader in Economics!
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It’s the time of the year that our Dean’s List Super Star Tutor Ms Foo review Prelims scripts for her students.
While most students are still waiting for their results as Prelims just ended not too long, some students who had their exams prior to September holidays got back their results. In particular, a U-grader student showed vast improvement with a 3-grade jump to D ! Well done to this student and also the rest who improved !
Would you like to have your Economics exam scripts reviewed? It is important to identify why it is wrong to bring in certain Economics concepts even if you have elaborated them well. This is because that concepts might not even be relevant to answering the question. And so, have you analyzed the questions correctly then? Why not? Or is it more like a case of not knowing how to elaborate your point even though it is relevant?
Let Ms Foo give you a complimentary review of your exam scripts to uncover the issues you have been facing. It is not useful to just read the answer key provided to you to know what should have been the correct answer. In addition, it is important to understand why it is wrong to use certain concepts, why it is incorrect to use certain points in your answers although theoretically correct and well elaborated.
You could very well be the next one to see a huge jump in your grades in the A Levels exams which is just a month away. Contact Ms Foo now for a crash session.
Hope to see you soon!
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At EconsLab, we offer various tuition options ranging from Group, Small Group, Individual to Online tuition.
Hear what some of our students say about having Economics tuition at EconsLab.
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This video goes through a step-by-step analysis of how the equilibrium output and price is determined under the Monopoly and Perfect Competition.
The performance of these two market structures are also explored in terms of their ability to achieve allocative efficiency and productive efficiency.
Note:
Allocative efficiency refers to an efficient allocation of resources where societal welfare is maximized. The condition for this to occur is where Price = Marginal Cost (P=MC).
Productive efficiency refers to the production of good using the least-cost combination of input. The condition for this to be fulfilled is at minimum Long Run Average Cost curve (min LRAC).
Do subscribe to our Youtube channel to get updates on our Quick Tips from time to time. Economics lessons are available online and offline.
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This video gives you a step-by-step analysis of the effects of tariff imposed on imports.
To understand the diagram in this video, it is advisable to have a quick recap on Consumer and Producer Surplus which is also available in another recorded video.
Focus is to analyze how the loss of Consumer Surplus is redistributed to various sectors of the economy such as Producers (in the form of increase in Producer Surplus) and the Government (in the form of tax revenue). The deadweight loss from the imposition of tariff is also derived.
Tips: Is it necessary to draw the tariff diagram just to show the fall in imports? No, the diagram is required only if it is meant to show the impact it has on the economy such as the deadweight loss or effect on consumers or producers.
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Here’s an explanation of how consumer and producer surplus is derived.
Note: Consumer Surplus is the difference between what consumers are willing and able to pay AND what they actually pay. Producer Surplus is the difference between what producers received AND what they they are willing to supply.
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When there is demand, there will be supply.
Our principal tutor Ms Foo will be happy to organise Economics crash course if there are students demanding them. EconsLab had organized such courses in the past and the programme was quite well received. Specifically, our Topical Enhancement Programme covers all chapters for required for the Economics syllabus.
Keen to sign up? Drop us a message to find out more.
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Well done to one of our students who scored an A Grade for Economics in his Midyear Exams ! From S grade to A since he joined EconsLab in January 2019. Impressive ! Congrats once again for the good job and just some vouchers for the good work.
Fear of doing badly for your upcoming Economics Prelim Exams ? Running out of time ? Join our group tuition and you could very well be the next to Excel in JC Economics !
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EconsLab is happy to give out Popular vouchers to reward students who did well in their JC Economics Midyear Exams (MYE).
Quick turnaround from U grade to D or even C for our students. That’s at least three grades improvement after joining EconsLab’s tuition classes. Not to mention some students with extraordinary results by clinching an A grade in their MYE. Well done students! Their perseverance is admirable.
Due to the quick turnaround in Economics grade experienced by our accomplished graduates, our principal tutor Ms Foo won many referrals to help students who are weak in JC or IB Economics. Ms Foo strongly believes in miracles which is possible with hard work and techniques mastery necessary to ace Economics.
Join our tuition classes today and receive a complimentary analysis of your exam scripts. We look forward to hearing from you.
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JC Economics MYE results are out yet you found that you did not pass nor do quite well for the subject.
Despite having gone through the solutions in school, you still do not understand what went wrong with your answers. You just could not figure out what went wrong and why you have not been able to really apply the Economics concepts to the questions effectively.
Register for our group tuition class and receive a complimentary analysis of your Economics exam scripts to identify exactly what needs to be done to see the leap in your grade for the next big exam which is Prelims.
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Our Principal Tutor, Ms Foo, was placed on the Dean’s List for the Masters of Applied Economics programme at Singapore Management University (SMU). Ms Foo is honoured to appear in the marketing materials of SMU and believes prospective students would greatly benefit from the programme just like she did. Ms Foo continues to inspire and motivate her students to do well academically as she herself sets as a good example.
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