Economics Essay

Economics Essay-44
Example (A Paragraph of the Body) The growth of the Chinese economy may lead to a deterioration in the balance of payments of Singapore.

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Step 6: Prioritise the relevant economic theories and concepts in accordance with their degree of relevance.

Step 7: If the list of relevant economic theories and concepts is too long, consider ways to merge them.

Consider the following question: Discuss whether the growth of the Chinese economy would be detrimental to the Singapore economy.

The introduction should define the economic terms in the question.

In the Singapore-Cambridge GCE ‘A’ Level Economics (H2), the essay paper accounts for 60 per cent of the total marks.

Therefore, good essay writing skills are essential for obtaining a good grade in the examination.Otherwise, what you did in Step 6 should help you decide which of them to apply and which of them to ignore.Step 8: Organise the relevant economic theories and concepts that you have decided to apply in such a way that there is a structure to the answer.Step 3: Pay particular attention to key words as they indicate the content areas on which you are required to focus.Step 4: Pay particular attention to command words as they indicate what you are asked to do.The answer should comprise an introduction, body and conclusion.It should be about four pages in length, excluding the diagrams which you are required to draw to substantiate your points.When the Chinese economy grows, the supply of the low value-added goods produced in China will increase which will lead to a fall in the prices.When this happens, the demand for the low value-added goods produced in Singapore will fall as people switch to the low value-added goods produced in China.For example, the growth of foreign direct investment in Singapore has generally decreased over the last two decades partly due to the growth of the Chinese economy.Furthermore, due to the same reason, firms in Singapore will increase investments in China.

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