Curriculum Aims

• Understand basic economics concepts and theories;

• develop an interest in exploring human behaviour and social issues through an economic perspective;

• Explain real-world situations by applying economic concepts and theories, particularly the economy of Hong Kong;

• Understand and interpret economic data expressed in various forms;

• Master basic analytical tools of economics;

• Analyze economic issues;

• Analyse different arguments, proposals and policies from different perspectives and make informed judgments; and

• Express the ideas clearly with structured explanations, and support with diagrams and examples.

Curriculum Framework and Outline

• ​ Compulsory part includes 10 topics:

  • Basic Economic Concepts

  • Firms and Production

  • Market and Price

  • Competition and Market Structure

  • Efficiency, Equity and the Role of Government

  • Measurement of Economic Performance

  • National Income Determination and Price Level

  • Money and Banking

  • Macroeconomic Problems and Policies

  • International Trade and Finance

• Elective:

  • Elective Part 1: Monopoly Pricing and Anti-competitive Behaviours

  • Elective Part 2: Extension of Trade Theory, Economic Growth and Development

Study Approaches/Strategies

• Observe the surrounding people and things;

• Explain human behaviour and social phenomena through economic theories;

• Take a step further to quantify observations into data to verify the theory; and

• Apply theories to predict the occurrence and impact of the next event.

Assessment