Archive for Econs Good Reads

Confessions of an Innova JC econs student

Confessions of an Innova JC econs student

I am really heartened when an ex Innova JC econs student posted such a compliment on my youtube video of how my JC Economics classes are conducted.     “My only regret is undergoing his tutoring only at the last lap (5mths) of the ‘A’ levels.” –…

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Paradox of Value

Paradox of Value

  Quote: “物以稀为贵” – 唐·白居易《小岁日喜谈氏外孙女孩满月- Do you know that it was Mr Bai from the Tang dynasty that first discovered the Paradox of Value instead of Mr Adam Smith? I happened to overheard a couple talking about this Chinese quote and decided to use an…

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Better scores now needed for NUS arts faculty

Better scores now needed for NUS arts faculty

“Better Scores Now Needed For NUS Arts Faculty” (original article) “Remember the days when one B and two Cs would get a student into the arts and social sciences faculty of the National University of Singapore? Not any more. This year, A-level holders needed at least…

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Economics Graduates having the highest lifetime earnings?!

Economics Graduates having the highest lifetime earnings?!

A recent studies in United States have shown that economics graduate makes the most earnings as compared to banking/finance & engineering? “So why are econ grads so good at making it rain? Part of it is that the finance and consulting industries like recruiting them,…

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Price Transparency and Oligopolies

Price Transparency and Oligopolies

Do you know that Price Transparency can be a double edged sword and can lead to tacit collusion between oligopolies? “The problem with a promise to match a competitor’s price is that it will discourage the competitor from cutting its price in the first place…….

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