Taken in AY 18/19 Semester 1
- 1.5 hours lecture (webcasted)
- 45 minutes tutorial
Assessment:
- Lecture Quizzes 15% (3 attempts for max score)
- Participation and Attendance 10%
- Mid-terms 25% (All MCQs)
- Finals 50% (All MCQs)
The content for this module is very manageable. Basically, you cover micro topics in the first half of the semester and macro topics in the second half of the semester. For the micro topics, you will be covering concepts like demand & supply, elasticities and market structure which has already been covered in the A levels. The macro part will be slightly more challenging as it is slightly different from what was taught at the tertiary level (topics like money).
I think it is quite important to secure the full marks for the lecture quizzes, considering that you have three attempts. So try to ask around for the answers so that you can secure the full marks for this component. As for the tutorials, you are required to discuss the tutorial questions in groups and present it to the rest of the class. Felt that the tutorials weren’t really helpful as you can just understand the problems by reading the solutions which will be given at the end of the week (or you might have access to them from your seniors).
Do not be fooled by the amount of time you have for a MCQ paper!!! For the mid-terms, you are required to complete 36 questions in an hour which may seem decent but the questions are rather tricky and there are multiple combinations of answers to choose from. I had to guess a few questions because i didn’t have enough time to complete the paper. Also, the bell curve for this paper is high which is obvious because it is a MCQ paper. The median was 27/36 so you have to really know the underlying principles if you want to have an edge over your peers.
For the finals, you had to complete 72 questions in 2 hours but the questions weren’t easy too! Going through all the lecture quizzes and tutorials might still be insufficient for you to do well in the finals. Overall, I would like to recommend those who are clearing the social science basket (requirement of FASS) to take this module, especially those who want an easy life or those who are planning to overload with other content-heavy modules.
Expected Grade: B+
Actual Grade: A
Life 