Economics
Topic: Macroeconomic Aims and Policies
- Discuss the view that a strong Singapore dollar is the most appropriate policy to maintain price stability.
- Explain the causes of unemployment in Singapore.
- Examine the view that the Singapore government should use fiscal policy to reduce unemployment.
- Explain how the current global recession would impact Singapore’s economy.
- Discuss the likely impact of a fall in worldwide interest rates on the Singapore economy.
- Explain the macroeconomic impact of higher food and fuel prices on the Singapore economy.
- Explain how the undesirable effects of rising oil prices will impact Singapore’s economy.
- Discuss possible measures that Singapore can adopt to lighten the undesirable effects of rising oil prices.
- Explain the internal and external factors that will likely cause inflation in Singapore.
- Discuss whether Singapore has implemented the most appropriate policies in recent years to maintain price stability in its economy.
- Assess the role of foreign direct investment in achieving economic growth.
- Compare the use of supply side policies and demand side policies in solving unemployment.
- Explain the effects of an increase in investment by firms on output and prices in an economy.
- Discuss how the Singapore government influences private investment to ensure sustained economic growth.
- Discuss how effective interest rates alone might be in controlling inflation if the rate of inflation were to become unacceptably high.
- Explain the possible causes of inflation in Singapore.
- Discuss whether a low rate of inflation should be the economic priority of the Singapore government.
- Discuss the relative importance of trade and investment in achieving economic growth in Singapore.
- Discuss whether the Singapore government should change its current policies for controlling inflation.
- Explain the effects of the United States of America (USA) slowdown on the Singapore economy.
- Assess the effectiveness of the current policies adopted by the Singapore government to improve the economic performance in an economic downturn.
- In view of globalisation, discuss the appropriate policies that the Singapore government should use to achieve its internal macroeconomic aims.
- Explain the main macroeconomic goals of the Singapore government.
- Discuss the conflicts that may arise between the pursuit of full employment and other macroeconomic policy objectives.
- Discuss how the characteristics of being ‘small’ and ‘open’ has influenced the policy options of the Singapore government.
- Explain why the impact of a world-wide recession on Singapore is a cause for concern for the Singapore government.
- Consider whether the Singapore government’s pursuit of price stability will conflict with other macroeconomic objectives.
- Discuss the view that a strong Singapore dollar policy has been the most appropriate policy in overcoming the main economic problems faced by Singapore in recent years.