Econ Prelim Question
2011 H1 Economics Prelim Questions
Raffles Institution
With the help of a diagram, analyze the effects of China’s increasing control over rare earths mines on the Japanese economy.
To what extent would China’s reduction in the export of rare earths pose a challenge to the West’s march toward a greener future?
Evaluate the effectiveness of the Chinese’s government’s intervention in the market for rare earths
To what extent do you agree with the view that the US trade position with China over the period was as a result of China holding down the value of the Yuan?
Explain why the Chinese government rejected calls to allow appreciation of the Yuan to help tame inflation
Discuss whether a national minimum wage would be a step in the right direction for Singapore
In view of the challenges arising from globalization, discuss whether the measures in the case material are likely to be effective in boosting economic growth and creating jobs.
Explain how the invisible hand works in the allocation of resources
Evaluate the view that a government such as that of Singapore should subsidize entry to museums and tickets to watch art performances
Examine the effects of a higher rate of inflation
Assess the view that monetary policy is the best way for the Singapore government to achieve price stability
Anderson JC
Explain how deflation can affect Japan’s economy negatively
Discuss the extent to which subsidies improve Japan’s BOT.
Explain why the market under-produces renewable energy.
Discuss how the use of subsidies and other appropriate policies can correct this market failure
Explain how this investment may affect Vietnam’s current and capital account balances
Analyze how Vietnam’s national output and inflation rate may be affected by this investment
Using demand and supply analysis, explain why coffee prices are expected to “jump”
Discuss whether the increasing trend towards freer trade necessarily improves standard of living.
Explain why
Raffles Institution
With the help of a diagram, analyze the effects of China’s increasing control over rare earths mines on the Japanese economy.
To what extent would China’s reduction in the export of rare earths pose a challenge to the West’s march toward a greener future?
Evaluate the effectiveness of the Chinese’s government’s intervention in the market for rare earths
To what extent do you agree with the view that the US trade position with China over the period was as a result of China holding down the value of the Yuan?
Explain why the Chinese government rejected calls to allow appreciation of the Yuan to help tame inflation
Discuss whether a national minimum wage would be a step in the right direction for Singapore
In view of the challenges arising from globalization, discuss whether the measures in the case material are likely to be effective in boosting economic growth and creating jobs.
Explain how the invisible hand works in the allocation of resources
Evaluate the view that a government such as that of Singapore should subsidize entry to museums and tickets to watch art performances
Examine the effects of a higher rate of inflation
Assess the view that monetary policy is the best way for the Singapore government to achieve price stability
Anderson JC
Explain how deflation can affect Japan’s economy negatively
Discuss the extent to which subsidies improve Japan’s BOT.
Explain why the market under-produces renewable energy.
Discuss how the use of subsidies and other appropriate policies can correct this market failure
Explain how this investment may affect Vietnam’s current and capital account balances
Analyze how Vietnam’s national output and inflation rate may be affected by this investment
Using demand and supply analysis, explain why coffee prices are expected to “jump”
Discuss whether the increasing trend towards freer trade necessarily improves standard of living.
Explain why