Rationale 

Economics helps students to understand the principles and forces that affect people in their everyday lives, in particular their roles as consumers and producers. The perspective it provides is also important in giving students a more comprehensive understanding of contemporary issues facing Hong Kong and the mainland, as well as of the interdependence 2 among regions and countries. As Hong Kong is undergoing rapid economic changes, establishing closer links with the mainland and striving to remain competitive in the world economy, the study of economics is highly relevant and applicable to real-life situations.

 

Curriculum Objectives

Knowledge and understanding Students will develop knowledge and understanding about: 

(a) economic terminology and concepts, as well as elementary economic theories; 

(b) basic economic problems faced by every individual and society, and alternative approaches to tackling these problems; 

(c) the considerations and forces underlying the economic decisions that need to be taken by individuals, firms, institutions and governments; 

(d) the interactions of different economic sectors; and 

(e) the Hong Kong economy and its relationship with the economies of other parts of the nation and the world.

Skills Students will develop skills to: 

(a) interpret economic information presented in verbal, numerical or graphical form; (b) apply their economic knowledge to a variety of problems and issues in a range of economic contexts; 

(c) analyse information through the use of economic concepts and theories; 

(d) evaluate information, arguments, proposals and policies from different economic perspectives and make informed judgements; and 

(e) communicate economic ideas and informed judgements, in a clear, logical and appropriate form.

Values and attitudes Students will develop values and attitudes so that they may: 

(a) participate as informed persons in the discussion of economic issues and decisionmaking; and 

(b) become active and responsible citizens and contribute to the well-being of the local community, the nation and the world.

 

ASSESSMENT OBJECTIVES 

The objectives of this assessment are to evaluate students’ abilities and achievements in the following: 

1. to know and understand fundamental economic concepts and theories; 
2. to apply such concepts and theories to explain real world situations, especially the Hong Kong economy; 
3. to understand and interpret economic information presented in various forms; 
4. to acquire the basic tools of economic analysis; 
5. to analyze economic issues; 
6. to evaluate arguments, proposals and policies from different perspectives and make informed judgments; and 
7. to present ideas clearly, and in a well-reasoned manner, illustrating answers with diagrams and examples. 

 

MODE OF ASSESSMENT 

 

 

Teaching staff:

Form 4, 5, 6: Mr WONG MING FUN

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