DSE economics: a blank bullion bar and a stack of unmarked metal discs standing for money, with an analogue gauge and a metal control knob for policy, and a magnifier in the foreground.

Connect choice and markets to macroeconomic policy and international economics through diagrams and data.

  • Check assumptions and conditions before applying an economic model
  • Explain market and policy changes through standard diagrams and complete causal chains
  • Use source data to evaluate efficiency, equity and stakeholder outcomes
  • Correct the precise conceptual, diagrammatic or reasoning gap instead of memorising model answers

Course details

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Course highlights

Concept judgement Identify conditions before choosing a concept Compare similar concepts, assumptions and exceptions so definitions do not replace judgement.
Mark decisive conditions
Identify ceteris paribus, short or long run, nominal or real, and other constraints.
Distinguish similar concepts
Compare common confusions such as demand versus quantity demanded or growth versus development.
Test with counterexamples
Change a condition to check whether the concept is genuinely understood.
Diagram analysis Give every curve movement a causal explanation Start from the affected determinant, then explain the curve, equilibrium and economic outcome step by step.
Diagram standards
Handle axes, curve labels, shifts, equilibrium points and values accurately.
Causal transmission
Explain how the cause changes behaviour, the curve and the final variable.
Align diagram and prose
Ensure the written explanation, diagram and conditions agree.
Data and policy Build balanced evaluation from evidence Read titles, units and trends before comparing policy effects across objectives and stakeholders.
Use data as evidence
Cite values or changes to support inference rather than repeating background.
Policy trade-offs
Compare efficiency, equity, stability, growth and short- versus long-run effects.
Conditional conclusions
State the evidence, conditions and limitations behind the judgement.
Answer improvement Find where the causal chain breaks Check concept, diagram, evidence and conclusion separately, then rewrite the actual source of lost marks.
Infer depth from marks
Estimate the required changes, explanation and evaluation from the mark allocation.
Mark the missing link
Identify absent conditions, intermediate steps or source evidence.
Answer a variation
Change policy, direction or market conditions to confirm flexible application.
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Course content

Basic economic concepts
Scarcity, choice, opportunity cost, specialisation, exchange and economic systems.
Firms and production
Ownership, production, costs, revenue, profit and scale.
Market and price
Demand, supply, elasticity, market equilibrium and intervention.
Competition, efficiency and equity
Market structures, economic efficiency, equity and the role of government.
Measuring economic performance
National income, the price level, real data and living standards.
Money and the macroeconomy
Money, banking, inflation, unemployment, fluctuations and policy.
International economics
Trade, exchange rates, the balance of payments, trade policy and integration.
Two elective parts
Monopoly pricing and competition policy; or trade theory, growth and development.

Pricing

Course fees

4 lessons per month 90 minutes per lesson

Fees by level

S4
HK$1,380/ 4 lessons
S5-S6
HK$1,560/ 4 lessons
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