Today, Hong Kong is an international - twgss.edu.hk · The study of Economics, ... Inflation and...
Transcript of Today, Hong Kong is an international - twgss.edu.hk · The study of Economics, ... Inflation and...
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Today, Hong Kong is an international financial centre.
The study of Economics, not only improves your understanding of our economy
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but also prepares you for studying university courses in Business, Politics and Law!
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Aims
To know basic economic theories e.g. Supply & Demand, Economic Growth
and Trade Theory To understand economic issues in HK
e.g., Inflation, Wealth Gap, Linked exchange rate
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Microeconomics1. Scarcity & Competition
LV Bags, Benz, Diamond Ability to pay
Bus SeatFirst-come First-served
University PlaceExam result
Topics
http://www.google.com.hk/imgres?q=Bus+clipart&hl=zh-TW&biw=1024&bih=551&gbv=2&tbm=isch&tbnid=5lbWXu1ramC2AM:&imgrefurl=http://en.clipart-fr.com/search_clipart.php%3Fkeyword%3Dbus%26page%3D2&docid=RjW5jVIkzmVi-M&imgurl=http://en.clipart-fr.com/data/clipart/transports/clipart_transport_037.jpg&w=560&h=766&ei=67IsT5qYMs-giQepkr33Dg&zoom=1&iact=rc&dur=0&sig=116152719458700236416&page=3&tbnh=162&tbnw=118&start=30&ndsp=12&ved=1t:429,r:4,s:30&tx=74&ty=115http://www.google.com.hk/imgres?q=diamond+clipart&hl=zh-TW&biw=1024&bih=551&gbv=2&tbm=isch&tbnid=c3MAdl5WhU-pHM:&imgrefurl=http://dir.coolclips.com/Industry/Resources/Mining/Precious_Stones/Symbol_of_a_diamond_busi0447.html&docid=qytN1d1WejJAmM&imgurl=http://dir.coolclips.com/Industry/Resources/Mining/Precious_Stones/symbol_of_a_diamond_CoolClips_busi0447.jpg&w=375&h=347&ei=o7MsT4XJMvGQiAfjpYXXDg&zoom=1
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2. Demand, Supply and Price
- Why does the price of vegetable fall??- Because the news of poisonous
vegetable orA good harvest of vegetable?
- Supply-Demand diagram is powerful!
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Poisonous Vegetable Good Harvest
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3. Ownership: Listed Company
4. Integration (takeover) /
- Cathay Pacific Airways took over Dragonair
- Neway + California Red
5. Equity:
Gini Coefficient ()
Why is there a wide gap between the rich and poor in HK??
Is it fair to give every adult $6000??
http://www.google.com.hk/imgres?q=facebook+logo&um=1&hl=zh-TW&sa=N&biw=1024&bih=551&tbm=isch&tbnid=b_65DXkKSdvnIM:&imgrefurl=http://www.actapublications.com/&docid=L9wWgMsAKzbYaM&imgurl=http://www.actapublications.com/assets/1/15/facebook-logo.png&w=311&h=311&ei=dLosT9ndHqyQiQeY5dTeDg&zoom=1
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Macroeconomics--- Policy Making1. GDP
Which country is the richest one? How to measure the economic growth?
2. Inflation and Unemployment
Use AS-AD model to explain.
If you were the government, how to solve these problems?
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3. Government tax revenue and public expenditure
Types of Tax in HK; should we
introduce sales tax?
4. Money and Banking
Functions of Bank,
Monetary Policy (QE1;QE2
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5. International trade 6. Exchange rate systems
Appreciation of RMB Linked Exchange Rate
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Elective 2: Trade Theory & Economic Growth
Trade Theory
Globalization ()
Factors affecting economic growth.
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HKDSE Economics
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Paper 1MC Questions
Paper 2Short and Structured Questions
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No SBA for you!!!
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Prospect of Studying Economics
-Bank Economists-Stock Analysts-Investment Adviser-Economics Teacher -Nobel Prize Winner!!!!!!!(US$1 million)
http://www.google.com.hk/imgres?q=manager+clipart&hl=zh-TW&biw=1024&bih=551&gbv=2&tbm=isch&tbnid=Z9mnWbablv3h5M:&imgrefurl=http://www.clipartof.com/portfolio/3pod/illustration/lazy-orange-employee-or-manager-slacking-while-leaning-back-in-their-chair-at-a-computer-desk-with-their-feet-up-on-the-table-top-15097.html&docid=QARtDCvKAZEGUM&imgurl=http://images.clipartof.com/small/15097-Lazy-Orange-Employee-Or-Manager-Slacking-While-Leaning-Back-In-Their-Chair-At-A-Computer-Desk-With-Their-Feet-Up-On-The-Table-Top-Clipart-Graphic.jpg&w=450&h=470&ei=wrUsT4mAFKKTiQfj6-DCDg&zoom=1http://www.google.com.hk/imgres?q=manager+clipart&hl=zh-TW&biw=1024&bih=551&gbv=2&tbm=isch&tbnid=iWKxpDe8v3SxDM:&imgrefurl=http://www.clipartoday.com/clipart/people/people/manager_159962.html&docid=XuqGOIBnJsl_fM&imgurl=http://www.clipartoday.com/_thumbs/011/people/business/aa---manager5_000228_tnb.png&w=350&h=276&ei=wrUsT4mAFKKTiQfj6-DCDg&zoom=1http://www.google.com.hk/imgres?q=manager+clipart&hl=zh-TW&biw=1024&bih=551&gbv=2&tbm=isch&tbnid=uNfU5LE2oyh_LM:&imgrefurl=http://www.cartooncliparts.com/picture/sales-manager-business-group-pixmac-picture-83828347/000083828347&docid=chtMT38NB0BHGM&imgurl=http://generic.pixmac.com/4/sales-manager-business-group-picture-83828347.jpg&w=400&h=400&ei=wrUsT4mAFKKTiQfj6-DCDg&zoom=1
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Those were the days, they were Economics students!
Jeremy Lin..
http://www.google.com.hk/imgres?q=Ben+Bernanke&hl=zh-TW&biw=1024&bih=551&gbv=2&tbm=isch&tbnid=h2ZheTesk_VDRM:&imgrefurl=http://www.inquisitr.com/186749/ben-bernanke-says-full-economic-recovery-is-years-away/&docid=fimffvgd6pry0M&imgurl=http://www.inquisitr.com/wp-content/2012/01/Ben-Bernanke-Fed-Chairman.jpg&w=600&h=444&ei=p7csT7bIHeywiQerw6HoDg&zoom=1
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For any enquiries, please contact
Mr. Cheung Chi Hing
Thank you!
1 Aims Topics 6 Poisonous Vegetable Good Harvest 8 9 10 11 12 14 15Prospect of Studying EconomicsThose were the days, they were Economics students! 18