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Economics Tuition: “Inflation is harmful to an economy and hence it should be the priority of the Singapore government to reduce inflation.” Discuss.

https://www.youtube.com/watch?v=9h_eWb-6ZNw Understanding the priorities of governments in determining the right policies to implement. Singapore experienced...
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Economics Tuition: Explain why inflation can remain high despite a slowdown in economic growth in Singapore

https://www.youtube.com/watch?v=S-j3BBVwDGs Understand how inflation can affect the Singapore economy Singapore experienced a quarterly growth rate of -0.7%...
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Economics Tuition: Explain the impact of a rise in oil price on inflation and unemployment

When there is a rise in oil prices, the cost of production is increased which will lower aggregate supply, resulting in an excess demand condition, thus...
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Unemployment

Understanding Unemployment


Unemployment is a situation that arises when people are unable to find a job. The measure of unemployment in an economy is the unemployment rate. Students are expected to recognise the various types of unemployment together with its causes. On top of that, students are also required to come up with solutions to tackle such unemployment.