Ordinary Level
1 session of 1.5 hours weekly

The aim of this course is to:

• provide candidates with an understanding of basic economic concepts, theories and principles;
• familiarize candidates with the basic economic indicators of the Maltese islands such as national income, inflation, unemployment, balance of payments and demography;
• prepare candidates for effective participation in society as citizens, producers and consumers;
• develop candidates’ personal effectiveness through an understanding of contemporary economic issues

The Economics O Level Examination is made up of two papers.  The content includes:

• The nature of the economic problem and economic systems
• Production and Costs
• The different forms of enterprise and the reason for the differences in their scale and organisation
• Industrial location
• The price mechanism
• Market structures
• Theory of Distribution
• Elementary National Income analysis
• Money and the role of and contribution of financial institutions in an economy
• The structure of and the reasons for government’s revenue and expenditure
• Inflation and Unemployment
• Economic Development and Growth
• International Trade / Globalisation
• Demography

(Based on the Matsec Syllabus Economics O Level)

Explore the entire syllabus (topics in detail, pre-requisites, specimen paper and grade descriptors here): http://www.um.edu.mt/matsec

To apply for Economics O Level course call 21227799 or email us for more information.