A-Level & IB Economics Tuition Specialist

Sunk Cost Fallacy arising from High COE Prices & Excessive Car Use (a) Explain why the fixed costs of owning a new car in Singapore are...

This essay explains how a rise in US government spending plans will lead to a multiplied increase in USA's GDP.

Income Tax & Goods and Services Tax (a) Explain, with examples, why the impact on expenditure from a reduction in the rate of income tax...

(a) Explain why the tidal floodgate system can be considered a public good and why the government intervenes in the tourism market in...

Discuss the extent to which it is possible for a small, open economy such as Singapore to achieve both inclusive growth and sustainable...

(a) Explain why expansionary fiscal policy designed to achieve economic growth or lower unemployment may lead to undesirable...

1(a) Explain why products may have different income elasticities of demand. [10] Answers may include: • Terminology: income elasticity of...

2(a) Explain why a sustainable level of government (national) debt is an important macroeconomic objective. [10] Answers may include:...

The market for bicycles is often said to generate external benefits such as reduced traffic congestion and reduced air pollution. Explain...