Exploring the H2 Economics Programme
The H2 Economics syllabus is thoughtfully structured around three major themes, designed to facilitate progressive learning for students. These themes not only underscore the disciplinary nature of economics but also introduce fundamental concepts that deepen students’ appreciation for the subject. As learners navigate through the syllabus, they will examine economic phenomena starting from individual and societal levels (microeconomic analysis) and then advance to national and international levels (macroeconomic analysis).
Thematic Breakdown
- Theme 1: The Central Economic Problem
This theme addresses the fundamental issue of unlimited wants versus limited resources. It provides a comprehensive framework for rational decision-making by consumers, producers, and governments. By understanding this central economic dilemma, students can draw connections between the different themes throughout the syllabus, reinforcing their overall comprehension of economics. - Theme 2: Markets
Focused on the functioning of firms and markets, this theme encourages students to explore how markets operate and where they may fail to achieve efficient and equitable resource allocation. The role of government intervention in addressing these market failures is also examined, highlighting the complexities of economic interactions. - Theme 3: The National and International Economy
This theme centers on governments as critical economic agents. Students will gain insight into the workings and linkages of both the national and international economy. Additionally, the theme covers how external trends and developments impact the domestic economy, providing a holistic view of economic dynamics.
Assessment Overview
H2 Economics is assessed through two papers, each designed to evaluate students’ understanding and analytical skills.
- Paper 1: Case Study
This paper consists of two case studies, lasting 2 hours and 30 minutes. Candidates will address two questions based on 2 to 3 pages of extracts and quantitative data. Each case revolves around a multifaceted economic issue or policy decision, requiring students to respond to a mix of data-driven inquiries and higher-order questions that apply economic theory to real-world scenarios. - Paper 2: Essay
In this paper, students will attempt three essay questions selected from a total of six options, also lasting 2 hours and 30 minutes. This format allows students to express their opinions grounded in economic theory while demonstrating their depth of knowledge on various topics.
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Conclusion
The H2 Economics programme offers students a robust framework for understanding economic principles, preparing them for academic success and informed decision-making. By exploring themes that span micro and macroeconomic analysis, students will gain valuable insights into the workings of economies at various levels. With the support of experienced tutors like Dr. Anthony Fok, you can elevate your understanding and appreciation of economics, setting the stage for a successful future in this dynamic field.
