Intermediate Level Economics
1 session of 1.5 hours weekly
The Economics Intermediate Examination is made up of one paper. The content includes:
- The Basic Economic Problem
- The Function of an Economy
- The Demand Curve
- The Supply Curve
- Price Determination and Disequilibrium
- Price Elasticity of Demand
- Markets and Resource Allocation
- Economic Efficiency and Market Failure
- Public and Merit Goods
- The scope of macroeconomics
- The circular flow of income
- Measuring national income
- Consumption and saving
- Investment
- Government spending, exports and imports
(Based on the Matsec Syllabus Economics Intermediate)
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 Intermediate Level course call 21227799 or email us for more information.