Economics Example

DPM Tharman explaining economics concepts

Many oppositions promised – universal healthcare, free handouts etc. But little do they know how much these will strain on Singapore’s finance. Listen to how DPM Tharman using laymen economics to explain the following economics concepts: 1) Tax and fiscal policy; 2) Income redistribution; 3) Market failure – education, healthcare. Bottom line – no free …

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Lee Kuan Yew’s Economics Contribution to Singapore

    Before reading further into this entry, let us observe one minute of silence for the passing of Singapore’s greatest founding father, Mr Lee Kuan Yew on 23rd March 2015, a date all Singaporeans will remember as long as they live. May you R.I.P, Mr Lee. It has come to my attention that although …

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Demand and Supply in Singapore – Property Prices Part II

  Previously, we shared about the rising property price in Singapore from from 2008 till end of 2013 using economics theory : Demand and Supply and how is it applicable in Singapore. Today, we will be sharing about the plunging property prices using the same analogy!     To deal with ever-rising property prices in 2008, Singapore Government …

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Demand and Supply in Singapore – Property Prices Part I

  “The property price is rising faster than rocket?!”   So what exactly causes property prices in Singapore to rise and fall? And you will be surprised (or not so surprised), it is determined solely by the Demand and Supply of Singapore Properties!   In this two part analysis, we will examine the rise and …

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Three Reasons Why Saudi Arabia Does Not Want A Higher Oil Price

We all know that Saudi is a huge oil exporter and is influential in dictating oil prices. D Currently, oil prices are at all time low of US$50/barrel (versus $100/barrel not too long back). So have you considered why don’t Saudi cuts its oil production to prop up oil prices and its own export revenue? …

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