RI H1 Economics Lecture Notes 1 Central Problem Economics

Year 5 H1 Economics 2018 Microeconomics Lecture Notes Raffles Institution 1 Economics Department ECONOMICS RAFFLES INSTITUTION YEAR 5 H1 ECONOMICS 2018 LECTURE NOTES (MICROECONOMICS) MICROECONOMICS CONTENTS 1.Central Problem of Economics 2. Markets  Price Mechanism and its Applications 3. Market Failure  Efficiency and Equity in Relation to Markets  Why Markets Fail  Government Intervention in Markets This section provides an introduction to the basic terminology and concepts of economics. It enables candidates to consider what markets and governments can and cannot do. It provides candidates with the opportunity to explain economic phenomena through the use of diagrams, data analysis and the evaluation of economic materials. It is intended to make candidates aware of the role of economics in real-world situations. It is expected that these concepts and principles are applied throughout the syllabus. @dream

Year 5 H1 Economics 2018 Microeconomics Lecture Notes Price Mechanism and its applications Raffles Institution 2 Economics Department H1 Economics 8823 Syllabus Guide (For your reference) @dream

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Year 5 H1 Economics 2018 Microeconomics Lecture Notes Price Mechanism and its applications Raffles Institution 9 Economics Department @dream

Year 5 H1 Economics 2018 Microeconomics Lecture Notes Price Mechanism and its applications Raffles Institution 10 Economics Department @dream