Download I. 本年度特別關注事項 - Delia Memorial School (Hip Wo)

地利亞修女紀念學校(協和)
經濟科
2007/08 年度教學計劃
I.
本年度特別關注事項
II.
本年度教學進度表
I.
1.
本年度特別關注事項
優化課堂教學，提高學生的學業成績
策略/事工
執行時間
成功準則
開展集體備課，改善課堂教學
(a) 在集體備課日期前，主備須完成課 9 月第一次 (a) 全年集體備課最少八次
集體備課會
程教案，內容如下：
議提出討論 (b) 每月課堂教學檢討
(i) 教學目標
a. 知識與能力
b. 過程與方法
9 月至 12 月
c. 情感態度與價值觀
(ii) 重點與難點
(iii) 教學過程， 引導學生思考
(iv) 課業安排，對課程掌握
(v) 學習策略考量
(vi) 板書計畫
(vii) 多媒體教具運用
(viii)發揮想像力，先獨立思考，小
組討論，深層次的思考
(b) 在集體備課時，副備須對主備提供
的教案作評論
(c) 主備作修改
(d) 主備作教學後記，上載學校資源庫
評估方法
(a) 收集集體備課簡報
(b) 收集每月報告
負責人
所涉資源
李港生
根據教務組編
排的時間表(主
備和副備)進行
集體備課
2. 加強對非華語學生的教育工作 ( 因中六並無非華語學生，故只集中高中英文部開展工作 )
策略/事工
執行時間
加強非華語生的補底工作，提升會考及
(a)
格率
8
月第一次
(a) 對高中英文部學生的整體處理
(i) 學生弱項在數學運算，特別 科務會議提
(b)
是百分率方面，課堂作詳細 出討論
講述
(ii) 安排課業要照顧學習差異
(iii) 測驗時，考卷有不同程度，
對有能力學生增加題目難度
(iv) 詳細講解會考試卷評卷要求
(v) 提供書商的網上試題庫的登
入號碼予學生
(b) 中四非華語生
(ix) 以平時測驗為主，找出邊緣學 11 月至 5 月
生，安排課後補課，務求做好
保底工作，令學業稍遜學生不
放棄學習
(c) 中五非華語生
9 月至 3 月
(i) 以中四期終考試成績為依
據，找出邊緣及有能力學
生，為他們安排課後補課 ，
目的在保底和拔尖雙管齊
下，保證提昇會考合格率
成功準則
評估方法
負責人
李港生
中五非華語生及格率較去年
進步 (今年合格率是 12.5%)
(a) 中五非華語生 2008
會考成績分析
80% 中四非華語生對課後補 (b) 中四非華語生問卷
課感到滿意
調查分析
所涉資源
教務組協調課
後補課
II. 本年度教學進度表
1. S4 Economics Scheme of Work
2. S5 Economics Scheme of Work
3. 中四級 經濟科教學進度
4. 中五級 經濟科教學進度
5. S6 Economics Scheme of Work
6. S7 Economics Scheme of Work
Delia Memorial School (Hip Wo)
S4 Economics
Scheme of Work 2007-2008
1st
Week
Lesson
1–3
THE BASIC ECONOMIC PROBLEMS
4 – 12
PRODUCTION
13 - 16
UNIT OF PRODUCTION (THE FIRM)
17 - 18
CHRISTMAS & NEW YEAR HOLIDAYS
18 - 20
REVISION
20 - 21
1ST TERM EXAMINATION
22
23 – 24
25 – 26
IT

- Opportunity cost

- Law of diminishing
marginal returns
Moral & Civil Education Extensive Reading

- discussion of social, political &
economic progresses to tackle the
basic economic problems

- Case analysis, monthly
economics news or notes to
students

- Case analysis, monthly
economics news or notes to
students

- Case analysis, monthly
economics news or notes to
students

(Case analysis, monthly
economics news or notes to
students)
INTEGRATION
LUNAR NEW YEAR HOLIDAYS
MARKET STRUCTURE
27 – 35
DEMAND, SUPPLY AND PRICE
29 - 30
EASTER HOLIDAYS

- Perfect competition,
Monopoly, Monopolistic
competition and
Oligopoly

- Theory of demand,
Demand elasticity and
total revenue

(Case analysis, monthly
economics news or notes to
students)
SBIL
Remarks
Textbook:
New
Introductory
Economics 1 &
2 Longman
2nd Lesson:
Extracted
questions of
respective topics
& chapters from
past HKCEE
Papers
3rd Lesson:
There will be a
test after each
topic
(Application of
concepts)

(Case analysis, monthly
economics news or notes to
students)
S4 ECO
5
36 – 40
MARKET INTERVENTION
41 – 42
REVISION
/
SUMMER HOLIDAYS

- Price controls, Tax
incidence
(Case analysis, monthly
economics news or notes to
students)

Introduction to
group project
and presentation
S4 ECO
6
Week(s)
Periods
1
1
1
2–3
1–2
2-3
2–3
4–5
Topics
Important Points
Introduction to the aims and contents of the subject and the expectation of the subject teacher.
THE BASIC ECONOMIC PROBLEMS
(1) THE SOURCE OF ECONOMIC PROBLEMS: -SCARCITY
A.
Unlimited Wants & Limited Resources
appreciate that scarcity is faced by individuals & societies
B.
Free & Economic Goods
(2) CHOICES AND OPPORTUNITY COST
A.
Economic Decision Involving Choices Among Alternatives
understand that in making choice due to scarcity, opportunity cost arises
B.
Concept of Cost In Economics
(3) THE THREE BASIC ECONOMIC PROBLEMS: WHAT? HOW? FOR WHOM?
(4) HOW SOCIETY TACKLES THE THREE BASIC ECONOMIC PROBLEMS?
A.
Society‘s Customs & Traditions
B.
Government Decisions
C.
Market Mechanism
(N.B. Illustrations by Examples Only. All Theories On Types Of
Economic Systems NOT Required)
-
give examples of social, political & economic progresses to tackle the basic economic problems
PRODUCTION
4
4-7
2
7
7
8-9
8
10 - 12
12
(1) DEFINITION
(2) TYPES/STAGES OF PRODUCTION
A. Primary, Secondary & Tertiary Production and their describe the different types of production & their inter-relationship
Inter-relationship
B. Types of goods and services produced
Producer Goods
Consumer Goods
Services
(3) DIVISION OF LABOUR - TYPES, ADVANTAGES, DISADVANTAGES AND LIMITATION
A. Simple, Complex & Regional
recognize the advantages, disadvantages & limitations of relationship
(4) FACTORS OF PRODUCTION: - DEFINITION, CLASSIFICATION & NATURE AND FUNCTIONS
A. Human Resources: Labour, Entrepreneurship
define & classify factors of production & describe their nature & function
B. Natural Resources: Land
describe & apply the Law of Diminishing Returns
C. Man-Made Resources/Aids to Further Production: Capital
understand economies & diseconomies of scale
D. Labour: Factor affecting its quantity, productivity, mobility,
different types of wages payment
E. Entrepreneurship: Risk-Bearing & Decision Making
F. Land: supply & Mobility
G. Capital: Forms & Depreciation
H. The Features of (D) to (G) in HK
(5) PRODUCTION IN THE SHORT-RUN AND THE LONG-RUN
S4 ECO
7
A.
B.
C.
Definition of short-run and long-run
Law of diminishing returns
Economies and diseconomies of scale
-
In Terms of Fixed & Variable Factors of Production
Illustration by total product, average product and marginal product schedules only
(i) economies of scale: technical, managerial, financial, marketing, risk diversification, and
research and development (N.B. sources of technical economies of scale NOT required)
(ii) diseconomies of scale: managerial, financial and marketing
Economies and diseconomies of scale illustrated by average cost only
UNITS OF PRODUCTION (THE FIRM)
13
2
(1) DEFINITION OF A FIRM
13 - 16
14
(2) FORMS OF CONTROL AND OWNERSHIP
A.
Public Ownership as Ownership by Government or its
Agencies with the Rights to Own, Control, Sell & dispose
of Property
-To be Illustrated by Examples Only
B.
Private Ownership:
 Sole Proprietorship
 Partnership
 Company
 Types of Shares & Bonds
(N.B. A comparison of the advantages and disadvantages of public
and private ownership NOT required. Documentation involved
in setting up business units NOT required)
C.
Separation of Ownership from control in a limited company
CHRISTMAS & NEW YEAR HOLIDAYS
REVISION
1ST TERM EXAMINATION
(3) INTEGRATION: TYPES AND MOTIVES
A.
Vertical
B.
Horizontal
C.
Lateral
D.
Conglomerate
LUNAR NEW YEAR HOLIDAYS
17 - 18
18 - 20
20 – 21
22
4
22 – 23
- the unit that makes decisions regarding the employment of factors of production and the production
of goods and services
-
understand the features, advantages & disadvantages of different forms of business under private
ownership
-
identify the types & motives of integration with reference to examples found in local situation
MARKET STRUCTURE
25
25 - 26
2
6
(1) DEFINITION OF MARKET
A.
General Features
(2) PERFECT & IMPERFECT COMPETITION
PERFECTLY COMPETITIVE
MONOPOLY
OLIGOPOLY
MONOPOLISTIC COMPETITION
-
describe the features of the market under perfect competition & imperfect competition
S4 ECO
8
A.
B.
C.
D.
E.
F.
G.
Number of Sellers
Number of Buyers
Nature of Product
Ease of Entry
Availability of Information
Different Ways in which a Monopoly can be Formed
The Four Different Forms of Market Structure are
Theoretical Constructs. Actual Examples may Only be
Approximation of the above Constructs
-
understand the different ways in which a monopoly can be formed
apply the concepts of competition & imperfect competition to analyze the market structure of
different goods and services in HK
recognize that the four market structures are theoretical constructs only and that actual examples
are approximations of these constructs
DEMAND SUPPLY & PRICE
27
2
29
2
30-31
6
32
33
34
35
36 - 40
2
2
4
4
12
(1) INDIVIDUAL DEMAND
A.
Factors Affecting Individual Demand
B.
Complements & Substitutes, Superior & Inferior Goods
(Giffen‘s Goods Not Required)
C.
Individual Demand Schedule & Importance Of The Ceteris
Paribus Assumption
D.
Difference Between Change In Quantity Demanded &
Change in Demand
(2) MARKET DEMAND
A.
Horizontal Summation Of Individual Demand Curves
B.
Factors Affecting Market Demand
(3) PRICE ELASTICITY OF DEMAND
A.
Arc Elasticity
B.
Relationship Between Price Elasticity & Total Revenue
C.
Factors Affecting Price Elasticity Of Demand
(N.B. Point Elasticity, Cross Elasticity & Income Elasticity Not
Required)
(4) INDIVIDUAL SUPPLY
A.
Factors Affecting Individual Supply
B.
Individual Supply Schedule & Importance of the Ceteris
Paribus Assumption
C.
Difference Between Change in Quantity Supplied & Change
in Supply
(5) MARKET SUPPLY
A.
Horizontal summation of Individual Supply Curves
B.
Factors Affecting Market Supply
(6) PRICE ELASTICITY OF SUPPLY
A.
Arc Elasticity
B.
Factors affecting Price Elasticity of Supply
(N.B. Point Elasticity & Cross Elasticity Not Required)
(7) INTERACTION BETWEEN DEMAND, SUPPLY AND PRICE
A.
Definition of Equilibrium, No Tendency to Change
B.
Equilibrium Price, Effects of Change in Demand and/or
Change in Supply on Equilibrium Price
(8) MARKET INTERVENTION
-
identify the factors affecting individual & market demand
distinguish between change in demand from change in quantity demanded
-
solve numeric problems on price elasticity of demand
-
distinguish between change in supply from change in quantity supplied
-
identify the factors affecting individual & market supply
-
solve numeric problems on price elasticity of supply
-
understand the effects of change in demand and/or change in supply on equilibrium price
S4 ECO
9
-
A.
41 - 42
/
PRICE INTERVENTION: PRICE CEILING AND PRICE FLOOR
QUANTITY INTERVENTION: QUOTA
UNIT TAX AND UNIT SUBSIDY
Graphical Illustration of Price Ceiling, Price Floor, Quota, Unit Tax & Unit subsidy and their Impact on Price &
Quantity
B.
Illustration by a Kinked Supply Curve only
C.
Determination of the Share of Tax Burden/Subsidy between
Producers & Consumers
REVISION
SUMMER HOLIDAYS ~GROUP PROJECT AND PRESENTATION
recognize the impact of market intervention on price & quantity
S4 ECO 10
Delia Memorial School (Hip Wo)
S5 Economics
Scheme of Work 2007-2008
Week
1st
Lesson
1-5
NATIONAL INCOME
6-8
BUSINESS CYCLES, UNEMPLOYMENT
AND INFLATION (DEFLATION)
9 - 13
MONEY AND BANKING
14 - 20 PUBLIC FINANCE
21 - 27 INTERNATIONAL TRADE
IT
Moral & Civil
Education

- Attitudes towards
money

- Importance of tax
payment
- Be a responsible citizen
(tax payer)

- Attitudes towards trade
restrictions
Extensive
Reading

- Case analysis, monthly
economics news or notes
to students

- Case analysis, monthly
economics news or notes
to students

- Case analysis, monthly
economics news or notes
to students

- Case analysis, monthly
economics news or notes
to students

- Case analysis, monthly
economics news or notes
to students
SBIL
Remarks
Textbook:
New
Introductory
Economics 3 &
4 Longman
2nd Lesson:
Extracted
questions of
respective topics
& chapters from
past HKCEE
Papers
3rd Lesson:
There will be a
test after each
topic
(Application of
concepts)
28 - 30 FINAL EXAMINATION
S4 ECO 11
Week(s)
Periods
1-3
12
Topics
Important Points
NATIONAL INCOME, BUSINESS CYCLES, UNEMPLOYMENT AND CHANGES IN THE GENERAL PRICE LEVEL
National income
- Meaning of national income
- Circular flow of economic activities
- Gross Domestic Product (GDP)
- Gross National Product (GNP)
- Uses and limitations of national income statistics as an indicator of economic welfare and for international comparison
A.
National income as a general term for aggregates like Gross
Domestic Product (GDP) and Gross National Product
(GNP)
B.
The relationship among production, income and expenditure
C.
The 3 approaches to measure GDP:
Production/Output approach (Value-added approach)
GDP at current and constant market prices
Income approach
GDP at factor cost
Expenditure approach
GDP per capita; growth rate of GDP
(N.B. Components of GDP compiled under the income approach (N.B. Other measures related to GDP NOT required)
NOT required)
GNP as GDP plus net income from abroad
(N.B. Other measures related to GNP NOT required)
4-5
8
Factors affecting national income
A.
B.
(N.B.
6-8
10
Demand Side: consumption, investment, government
expenditure, exports & imports
Supply Side: capital, labour, entrepreneurship, land &
technology
Multiplier & Determination of National Income Not
Required. Graphical Analysis Not Required)
Business cycles, unemployment and changes in the general price level
A.
(N.B.
B.
(N.B.
Business Cycles
Theories of Business Cycles Not Required)
Unemployment
Various Types of Unemployment Not Required)
- A description of the recurrent fluctuations in GDP around a secular trend
-
C.
Changes in the general price level
(N.B. Construction of CPI & GDP Deflator Not Required)
-
Meaning of unemployment
Unemployment rate as measured in terms of the percentage of unemployed persons in the
labour force
Brief introduction to underemployment
Cost of unemployment
Definitions of inflation and deflation
Measurement by Consumer Price Index and implicit price deflator of GDP
Redistributive effects
MONEY AND BANKING
8-9
6
Nature and functions of money
S4 ECO 12
A.
B.
10
4
Definition
Different forms of money
Commodity money
Paper money: convertible and inconvertible
Deposit money
Banks: functions and services
A.
B.
Commercial banks and central bank
Licensed banks, restricted licence banks and deposit-taking
companies in Hong Kong
C.
How central banking functions are performed in Hong Kong
(N.B. Tools of monetary policy NOT required)
11 - 12
6
Money supply
A.
B.
13
4
- describe the functions & services of banks in Hong Kong
Definitions of money supply in Hong Kong
Credit creation and the banking multiplier
- define money supply in Hong Kong with reference to credit creation
Hong Kong as a financial centre
A.
B.
Factors contributing to its development as a financial centre
Effects on the Hong Kong Economy
- analyze the factors contributing to the development of Hong Kong as financial centre & the effect
on the Hong Kong economy
PUBLIC FINANCE
14 - 16
10
Government revenue
A.
B.
C.
D.
18-19
4
4
- understand the principles of taxation & their application in HK
Public expenditure
A.
B.
C.
19-20
Sources of Government Revenue in Hong Kong:
Direct tax
Indirect tax
Other revenue
Principles of taxation
Classification of taxes according to various criteria
Effects of taxation on individuals and firms
Public expenditure as a proportion of GDP & its trend
Public expenditure by function & its trend
Socio-economic implications of such trends
- identify the socio-economics implications of the government revenue & expenditure
Government budget
A.
Definition of budget, surplus budget, deficit budget &
balanced budget
B.
Major proposals in the current budget speech
(N.B. Mechanism of fiscal policy NOT required)
- describe & analyze the major proposals in the current budget speech
INTERNATIONAL TRADE
22 - 23
10 – 12
Absolute advantage, comparative advantage and gains from trade
A.
23 - 25
6
2
- solve numerical problems on absolute advantage & comparative advantage
Balance of payments
A.
B.
26
Absolute advantage, comparative advantage & gains from
trade
Current account
Capital and financial account
- Main components of the current account: goods, services, income and current transfers
(N.B. Sub-classification of these components NOT required)
Exchange rate
S4 ECO 13
A.
B.
C.
26
2
Trade barriers
A.
B.
27 - 28
4
2
Types
Effects on price, output and employment
Hong Kong’s international trade
A.
B.
C.
28 - 29
Meaning of Exchange rate
(N.B. Graphical illustration NOT required)
Effect of a change in the exchange rate on import price and
export price
Brief introduction to the linked exchange rate system in Hong (N.B. Mechanism of maintaining the linked exchange rate NOT required)
Kong
Principle of comparative advantages as applied to Hong Kong
Importance of trade to Hong Kong’s economy
Trade barriers faced by Hong Kong and attempts to overcome
them
-
Using the pattern of trade in Hong Kong to illustrate the principle
-
Trade promotion, the role of the HKSAR Government
Final Examination
S4 ECO 14
中四經濟 第
中 四 級經濟科教學進度
星期
地利亞修女紀念學校 (協和)
( 2007 至 2008 年度)
節數建議
課題
第一星期
2–3
介紹本科內容, 課程綱要,
課本, 習作等事項.
第一/二星期
2–3
第二/三星期
2-3
第三星期
2-3
第四星期
2-3
1. 基本經濟問題
1.1
經濟問題的根源:
稀少性
1.2 選擇和機會成本
第一課堂教學指引
15
頁
4 課節 / 星期
第二課堂
第三課堂
(i) 無窮欲望和有限資源
(ii) 免費物品和經濟物品
經濟決定涉及不同可能中
的選擇
(ii) 經濟學中的成本概念
(i)
1.3 三個基本經濟問題:
什麼? 怎樣? 為誰?
1.4 社會怎樣處理
三個基本經濟問題
(i) 根據社會風俗和慣例
(ii) 由政府決定
(iii) 利用市場機能
課後練習、工作紙、
會考試題操練
統測一、剪報評述
S4 ECO 15
中四經濟 第
星期
節數建議
第四/六星期
8–9
課題
2. 需求、供給和價格
2.1 個別需求
第一課堂教學指引
第二課堂
16
頁
第三課堂
(i) 影響個別需求的因素
(ii) 輔助品和代替品、优等物
品和劣等物品
(iii) 個別需求表和假設其他因
素不變的分別
(iv) 需求量改變和需求改變的
分別
第七星期
2-3
2.2 市場需求
(i)
個別需求曲線的橫向總和 課後練習、工作紙、
(ii) 影響市場需求的因素
第八/九星期
5-6
2.3 需求的價格彈性
統測二、剪報評述
會考試題操練
(i) 弧彈性
(無須認識點彈性、交叉彈
性和所得彈性)
(ii) 價格彈性和總收入的關係
(iii) 影響需求價格彈性的因素
S4 ECO 16
中四經濟 第
星期
第十星期
節數建議
5–6
課題
2.4
個別供給
第一課堂教學指引
第二課堂
17
頁
第三課堂
(i) 影響個別供給的因素
(ii) 個別供給表和假設其他因
素不變的重要性
(iii) 供給量改變和供給改變的
分別
第十一星期
1–2
2.5
市場供給
(i) 個別供給曲線的橫向總和
(ii) 影響市場供給的因素
3–4
2.6
供給的價格彈性
(i) 弧彈性
(無須認識點彈性和交叉彈
性)
(ii) 影響供給價格彈性的
因素
第十二/四星期 8 – 9
2.7
需求、供給和價格的 (i)
交互作用
均衡的定義：並無傾向作 課後練習、工作紙、
出改變
會考試題操練
統測三、剪報評述
(ii) 均衡價格，需求改變和 /
或供給改變對均衡價格的
影響
S4 ECO 17
中四經濟 第
星期
節數建議
第 十 五 / 九 星 9 – 10
期
課題
2.8 市場干預
(i) 價格干預：
價格上限 / 下限
(ii) 數量干預：限額
(iii) 從量稅和從量津貼
第十九星期
5
第二十/二十一
星期
第二十二星期 1 – 2
第一課堂教學指引
第二課堂
以圖表解釋價格上限、價格下 課後練習、工作紙、
限、限額、從量稅、從量津貼及 會考試題操練
它們對價格和數量的影響
18
頁
第三課堂
統測四、剪報評述
只須用折曲供給曲線的垂直部
份來解釋
決定生產者和消費者在稅項負
擔 / 津貼中各佔的比重
溫習及預備上學期考試
上學期考試
與學生檢討上學期考試
得失及答題技巧
S4 ECO 18
中四經濟 第
星期
第二十二 /
二十五星期
節數建議
1–2
課題
3. 生產
3.1 定義
3.2 生產的種類 / 階段
第一課堂教學指引
第二課堂
19
頁
第三課堂
初級、第二級和第三級
生產及彼此間的關係
3–4
3.3 產品和服務的種類
(i) 生產者物品
(ii) 消費者
(iii) 服務
3.4 分工：種類、利弊
簡單、複雜和地區分工
、限制
第二十五 /
二十六星期
12
3.5 生產因素
(i) 定義
(ii) 分類
課後練習、工作紙、
會考試題操練
統測五、剪報評述
人力資源：勞力、企業家
職能
(ii) 天然資源：土地
(i)
(iii) 人造資源 / 促進生產的
輔助物：資本
S4 ECO 19
中四經濟 第
星期
節數建議
課題
(iii) 性質和功能
第一課堂教學指引
第二課堂
(i) 勞力：影響勞力數量、生 課後練習、工作紙、
產力、流動性的因素；各 會考試題操練
種工資制度
20
頁
第三課堂
統測六、剪報評述
(ii) 企業家職能：承擔風險和
決策
(iii) 土地：供給和流動性
(iv) 資本：形式和折舊
(v) (i) 至 (iv) 在香港的特色
第二十六 /
二十八星期
12
3.6 短期和長期生產
課後練習、工作紙、
統測七、剪報評述
(i) 短期和長期的定 以固定和可變生產因素
會考試題操練
義
解釋
(ii) 報酬遞減法則
(i) 規模經濟
(iii) 規模經濟和規模
- 廠房層面(生產技術)
不經濟
- 廠商層面(組織方面)
(ii) 規模不經濟 (廠商層面)
(以總產量、平均產量、邊際
產量圖表和總成本、平均成
本、邊際成本圖表解釋
S4 ECO 20
中四經濟 第
星期
第二十九 /
三十四 星期
節數建議
15 – 18
課題
4. 生產單位 (廠商)
4.1 廠商的定義
4.2 管理和所有權型式
第一課堂教學指引
第二課堂
課後練習、工作紙、
作為一個生產物品和服務的營 會考試題操練
業單位
21
頁
第三課堂
統測八、剪報評述
公有制：企業為政府或其
代理機構所有，並且對其
財產具擁有、管理、運用
和處置權 – 只須說明
(ii) 私有制 (特色和利弊)
- 獨資
(i)
- 合夥
- 公司
- 各類股票和債券
(iii) 從董事局角色和股東權利
的角度認識現代公共公司
中所有權和管理權的分離
第三十五星期
6
4.3 合併：種類和動機
縱向合併、橫向合併、側面合
併和集團結合
S4 ECO 21
中四經濟 第
星期
第三十六 /
三十九星期
節數建議
10 – 12
課題
第一課堂教學指引
5. 市場結構
5.1 市場的定義
5.2 完全競爭；不完全競 (i) 一般特徵
爭：獨佔、寡佔和壟
斷性競爭
第二課堂
課後練習、工作紙、
會考試題操練
22
頁
第三課堂
統測九、剪報評述
賣方人數
買方人數
產品性質
加入行業的容易程度
取得資訊情況
(ii) 形成獨佔的各種方式
(iii) 四類市場結構只屬於理論
-
構想。現實例子可能只是
理論構想的近似形式。
第四十 /
四十二星期
8
溫習
近五年會考題目總覽
S4 ECO 22
中五經濟
星期
節數建議
1-5
18
課題/副課題
6. 國民所得
6.1 國民所得的定義和計算
學習重點
(i)
國民所得的流程及計算方法
-國民生產、國民收入和國民支出的恆等關係
第
23
頁
課業/測驗
課後練習、工作
紙、會考試題操
練
(ii) 與國民所得有關的計算:
測驗一
-生產計算法(增值計算法)、所得計算法；支出計算法
(iii) 以國民所得統計數字作為經濟福利指標和作國際比較時的
運用和限
-國民生產總值、本地生產總值、國民生產凈值、本地生產
淨值
-以當時市价計算和以固定市价計算的國民所得
-市价計算和以生產因素成本計算的國民所
5-6
2
6.2 影響國民所得的因素
(iv) 需求方面：消費、投資、政府支出、出口和入口
課後練習、工作
(v) 供給方面：資本、勞力、企業家職能、土地、工作意願、技 紙、會考試題操
術
練
測驗二
S4 ECO 23
中五經濟
7-9
節數建議
課題
學習重點
12
6.3 經濟週期、失業和 通貨膨脹
(i) 經濟週期：國民生產總值圍繞長期趨勢作重複波動的描述
(ii) 失業：
- 定義
- 香港政府所用的量度方法
- 成本
(iii) 通貨膨脹
- 定義
- 以消費物價指數和本地生產總值平減指數量度
- 再分配的影響
10-13
16
7. 貨幣與銀行
7.1 貨幣的性質和功能
7.2 銀行：功能和服務
第
24
頁
課業/測驗
課後練習、工作
紙、會考試題操練
測驗三、
(i) 定義
(ii) 各種形式的貨幣
- 商品貨幣
- 紙幣：可兌換和不可兌換
- 存款貨幣
(i) 商業銀行和中央銀行
(ii) 香港的持牌銀行和接受存款公司
(iii) 中央銀行功能在香港的運作
S4 ECO 24
中五經濟
14-16
16
7.3 貨幣供應
(i) 香港貨幣供應的定義
(ii) 信用創造和銀行乘數
7.4 香港作為金融中心
(i) 使香港發展成為金融中心的因素
(ii) 對香港經濟的影響
8. 公共財政
8.1 公共部門：定義，大小
(i)
第
25
頁
課後練習、工作
紙、會考試題操練
測驗四
以政府調配其所控制的資金角度來界定
(ii) 以政府支出來量度其大小
8.2
政府收入
(i) 香港政府收入來源
- 直接稅
- 間接稅
- 其他收入
(ii) 課稅原則
(iii) 按不同準則將稅收分類
(iv) 徵稅對個人和廠商的影響
S4 ECO 25
中五經濟
8.3
8.4
16-18
政府預算
(i) 政府支出佔本地生產總值的比例及其趨勢
(ii) 按功能分類的政府支出及其趨勢
(iii) 此等趨勢對社會和經濟的含義
(i)
(ii)
26
頁
課後練習、工作
紙、會考試題操練
測驗五
預算的定義、盈餘預算、赤字預算和平衡預算
當年預算案中的主要建議
(聖誕假期)
16
18-26
政府支出
第
9. 國際貿易
9.1 絕對优勢、比較优勢和
貿易得益
9.2 國際收支：定義和組成部份 (i)
9.3 貿易限制
9.4 香港的國際貿易
(ii)
(ii)
(iii)
-經常帳
-資本帳
-外匯和黃金帳
香港的經常帳
貿易限制的形式
貿易限制的正反論點
課後練習、工作
S4 ECO 26
中五經濟
(i) 比較优勢原理在香港的應
用
(ii) 貿易對香港經濟的重要性
(iii) 香港面對貿易限制的經驗
和試圖應付的辦法
27
以香港的貿易形態來解釋此原理
(i) 香港面對的限制
(ii) 貿易促進
(iii) 香港政府所擔當的角色
第
27
頁
紙、會考試題操練
測驗六、
溫習
S4 ECO 27
ECO S6 Page 28
Delia Memorial School (Hip Wo)
(2007 – 2008)
Secondary 6 Economics Teaching Schedule
1st
Week
Lesson
Number of periods per week: 9
IT
Moral & Civil
Education
Extensive
Reading
SBIL
-Attitudes towards selfish - Case analysis, monthly
1 － 3 1. The scope of economic analysis
4 － 10
2. The law of demand and the
theorem of exchange
11 － 25 I.
26 － 30
economics
news
or
Remarks
TEXTBOOK:Advanced Level
notes to students
Microeconomics
PowerPoint – MUV
- Case analysis, monthly
(BOOK 1 &2), PPC
PowerPoint – IC
economics news or
3. Cost and supply
4. Government and economic
notes to students
2nd Lesson:
- Case analysis, monthly
Extracted questions of
economics news or
respective topics &
notes to students
chapters from past
- Case analysis, monthly
HKAL Papers
economics news or
organization
notes to students
PowerPoint- MRP
- Case analysis, monthly
31 － 37 5. The factor market
economics news or
3rd Lesson:
There will be a test
after each topic
notes to students
PowerPoint- Firm
38 － 41 6. The problem of social cost
41
- Attitudes towards
- Case analysis, monthly
Government
economics news or
Interventions
notes to students
Press Cutting &
Comment
7. Revision
S4 ECO 28
ECO S6 Page 29
Delia Memorial School (Hip Wo)
(2007 – 2008)
Secondary 6 Economics Teaching Schedule
Week
Week 1
Content
1.
Notes
Objectives
The scope of (i) Scarcity and the meaning
economic
Number of periods per week: 9
of competition (7 periods)
At the end of the lessons, Ss should be able:
Ass
1 (I)
(i) to explain the inter-relationship among scarcity, competition
analysis
Test
Quiz
1(I)
and discrimination.
(ii) to distinguish free goods from scarce goods,
(iii) to illustrate the concepts of scarcity, choice, opportunity cost and efficiency
with a production possibility curve.
Week 1/2
(ii)
Economics as an empirical
At the end of the lessons, Ss should be able:
Science: basic postulates and
(i)
methodology (10 periods)
to understand the meaning and importance of the basic postulates and the
testing of hypotheses,
(ii)
to distinguish positive statements from normative statements
(iii) to explain the attributes of a useful economic theory,
(iv) to understand the logical nature of a testable hypothesis.
Week 2/3
(iii) The meaning of utility, wealth, and At the end of the lessons, Ss should be able:
income,
and
the
postulate
maximization (13 periods)
of (i) to explain the meaning of utility, wealth and income,
(NB: wealth and income may be discussed in detail under topic 5)
1 (ii)
Quiz
1 (iii)
1(ii)
1(iii)
(ii) to understand the importance of the postulate of maximization in deriving
testable implications,
(iii) to apply the postulate of constrained maximization, in the interpretation of
economic behaviour,
S4 ECO 29
ECO S6 Page 30
(iv) to understand that the utility maximization assumption can be tautological
without specification of constraints.
Week 3/4 2.
The
law
of (i) The basic properties of indifference At the end of the lessons, Ss should be able:
demand and the
curves,
theorem
constant demand curve (13 periods)
of
and
the
money
income (i) to explain the basic properties of the indifference curves and their implications
exchange
for consumer equilibrium under constraints,
(ii) to decompose price effect into income effect and substitution effect,
(iii) to distinguish normal goods, inferior goods and Giffen goods,
(iv) to derive the money income constant demand curve,
(v) to distinguish between a demand curve and the law of demand,
(vi) to apply the indifference curve analysis in explaining consumer behaviour.
Week 5
(ii) The inverse relationship between At the end of the lessons, Ss should be able:
price and quantity demand (6 periods)
Quiz
(i) to explain and apply the first law of demand,
2(I)
2(I)
(ii) to understand the significance of ceteris paribus in economic analysis,
2(ii)
2(ii)
(iii) to understand and apply the concepts of elasticity of demand.
Week 6/7
(iii) Use value, exchange value,
At the end of the lessons, Ss should be able:
and the concept of consumer’s
(i) to define use value, exchange value and consumer’s surplus
surplus (13 periods)
(ii) to resolve the paradox of value in terms of use value and exchange value,
2(iii)
(iii) to derive a demand curve from a MUV curve,
(iv) to apply the concepts of use value, exchange value and consumer’s surplus in
explaining consumer behaviour under different pricing arrangements.
Week 6/7
(iii) Use value, exchange value,
At the end of the lessons, Ss should be able:
S4 ECO 30
ECO S6 Page 31
and the concept of consumer’s
(v) to define use value, exchange value and consumer’s surplus
surplus (13 periods)
(vi) to resolve the paradox of value in terms of use value and exchange value,
2(iii)
(vii) to derive a demand curve from a MUV curve,
(viii)
to apply the concepts of use value, exchange value and consumer’s
surplus in explaining consumer behaviour under different pricing arrangements.
Week 8/9
(iv)
Market demand, the equi
At the end of the lesson, Ss should be able:
-marginal principle, and the
(i) to derive market demand from individual demand,
gains from exchange
(ii) to explain the theorem of exchange
(13 periods)
(iii) to state the equi-marginal principle and apply it in the case of exchange,
(iv) to determine the gains from trade with/without production,
(v) to define and identify transaction costs in given examples,
(vi) to explain the role of middlemen in the presence of transaction costs in
exchanges.
Week 10
(ix) The meaning of price as a criterion of At the end of the lessons, Ss should be able:
Quiz
allocation under competition
(i) to explain the role of price in allocating resources,
2(iv)
2(iii)
(10 periods)
(ii) to understand the difference between money price and full price of a 2(v)
2(iv)
commodity,
2(v)
(iii) to offer examples of non-price competition.
Week
11/ 12
3. Cost and supply (i) The concepts of cost, economic rents At the end of the lessons, Ss should be able:
and windfall profits (Quasi-rent NOT (i)
to apply the concepts of opportunity cost in interpreting economic behaviour,
required)
(ii) to explain the meaning of economic rent and windfall profits,
(13 periods)
(iii) to understand economic rent is part of cost,
S4 ECO 31
ECO S6 Page 32
(iv) to explain the implication of windfall profits for predicting economic
behaviour or resources allocation.
Week 13
(ii) The law of diminishing marginal At the end of the lessons, Ss should be able:
productivity (9 periods)
(i)
to derive marginal product and average product from total product
(ii) to define the law of diminishing marginal productivity.
Week 14
(iii) Cost curve and supply curves
3(I)
3(I)
3(ii)
3(ii)
At the end of the lessons, Ss should be able:
(Isoquant analysis NOT required) (9 (i) to identify fixed cost and variable cost from given examples,
periods)
Quiz
Quiz
3(iii)
3(iii)
(ii) to derive the short run cost curves,
(iii) to derive the short run supply curve of a firm from its MC curve,
(iv) to explain the shape of long run average cost curve in terms of economies and
diseconomies of scale.
Week
15/18
(iv) Resources allocation under price At the end of the lessons, Ss should be able:
taking (16 periods)
(i)
to determine the wealth-maximizing equilibrium of a price taker in both short 3 (iv)
Quiz
3 (iv)
run and long run,
(ii) to derive a price taker’s short run supply curve and short run industry supply
curve, (NB: long run supply curve NOT required)
(iii) to infer allocative efficiency implications from the equilibrium of a price-taking
industry.
(v) Monopoly pricing (price searching), At the end of the lessons, Ss should be able:
Quiz
S4 ECO 32
ECO S6 Page 33
including perfect and partial (third (i)
to determine the wealth-maximizing equilibrium of a price searcher,
degree) price discrimination
(ii) to define monopoly rent,
(16 periods)
(iii) to evaluate the allocative efficiency implication of simple monopoly pricing,
3 (v)
3 (v)
(iv) to specify the conditions and to identify cases of price discrimination
(v) to understand the effects of price discrimination on output and allocative
efficiency.
(vi) a simple description of oligopoly and At the end of the lessons, Ss should be able:
monopolistic competition
(i)
to identify price rigidity and inter-dependence as the key features of oligopoly
(13 periods)
(ii) to specify product differentiation and non-price competition as the main
features of monopolistic competition
1st term Examination
Week
21/ 22
Revise 1st Term Exam Paper
Week 23
Week
Lunar New Year Holidays
24/25
Week 26 4. Government and (i)
The
nature
of
the
firm:
the At the end of the lessons, Ss should be able:
economic
organisation of production with the (i) to identify the possible costs of organising production directly through the price
organisation
presence of transaction costs
(13 periods)
mechanism,
(ii) to account for the emergence of the firm in terms of contracts and saving the
transaction costs of using the market,
(iii) to explain the merits and demerits of some common forms of contractual
arrangements and the conditions of adopting them in given examples.
S4 ECO 33
ECO S6 Page 34
Quiz
Week 27
(ii) Price controls and rent controls
(16 periods)
Week 28
(iii) The
implication
of
allocation (13 periods)
4(I)
4(I)
4(ii)
4(ii)
non-price At the end of the lessons, Ss should be able:
(i) to analyse, with the aid of supply and demand diagrams, the possible effects of
price and rent controls,
(ii) to predict the possible behaviour arising from non-price allocation,
(iii) to explain the dissipation of rent and the question of inefficiency under
non-price allocation.
Week
(iv) The incidence and implications of At the end of the lessons, Ss should be able:
29/30
Quiz
some common taxes
(i) to identify direct, indirect, ad valorem, unit and lump sum taxes
4 (iii)
4 (iii)
(13 periods)
(ii) to explain the meaning of tax incidence,
4 (iv)
4 (iv)
(iii) to explain and illustrate the distribution of the incidence of tax between sellers
and buyers under different demand and supply elasticities,
(iv) to analyse the effects of a tax on wealth distribution and resources allocation.
Week
31/33
5. The factor market
(i) The demand for and supply of factors At the end of the lessons, Ss should be able:
(16 periods)
(i) to define MRP and VMP and to distinguish their differences,
(ii) to understand why MRP curve below the maximum ARP is the factor demand
curve of a firm under a competitive factor market,
(iii) to explain the supply curve of a factor may be backward bending.
S4 ECO 34
ECO S6 Page 35
Quiz
Week 34
(ii) The determination of wages in price At the end of the lessons, Ss should be able to explain how wage is determined by 5 (I)
takers’ markets
supply of and demand for labour in competitive factor market.
5 (ii)
5 (I)
5 (ii)
(10 periods)
Week 35
(iii) The determination of rents
(9 periods)
At the end of the lessons, Ss should be able:
(i) to define and to distinguish transfer earning from economic rent,
(ii) to recognize rent may be earned by any factor,
(iii) to understand the implication of rent on the supply of a factor
Week
(iv) Present value and investment decision At the end of the lessons, Ss should be able:
36/37
(16 periods)
Quiz
(i) to explain the generalized concept of capital,
5 (iii)
5 (iii)
(ii) to understand why interest exist,
5 (iv)
5 (iv)
(iii) to discount an income stream of a capital asset into its present value,
(iv) to explain how variation in discounting variables can affect the present value of
an income stream,
(v) to understand the relationship among present consumption, investment and
future consumption,
(vi) to define MEC and explain the relationship of interest rate and investment
decision,
(vii) to account for the relationship among wealth, income , and interest
Week
38/39
6.
The problem (i) The meaning of economic efficiency At the end of the lessons, Ss should be able:
of social cost
and the Pareto condition (16 periods)
(i) to define the Pareto condition,
Quiz
6 (I)
6 (I)
S4 ECO 35
ECO S6 Page 36
(ii) to understand the requirements of marginal equalities in attaining Pareto
optimality,
(iii) to define the characteristics of a public good,
(iv) to explain the problems in the pricing and production of public goods,
(v) to evaluate the efficiency of certain resources allocative behaviour under the
presence of transaction costs.
Week
(ii)
40/41
Property rights and the divergence At the end of the lessons, Ss should be able:
Quiz
between private and social cost (16 (i) to define and distinguish between private cost (benefit) and social cost (benefit), 6 (ii)
6 (ii)
periods)
(ii) to explain, how the divergence between private cost and social cost affects
allocation of resources,
(iii) to identify the forms and problems of government intervention for correcting
externalities,
(iv) to explain the private property rights and their importance to market exchange,
(v) to explain and apply the Coase Theorem in interpreting economic behaviour,
(vi) to evaluate the productive efficiency of a common property resource,
(vii) to assess the efficiency of productive activities giving rise to externalities, under
the existence of transaction costs.
Week 41
Revision
Week
Final Examination
Past Exam Paper
42/43
S4 ECO 36
Page 37
Delia Memorial School (Hip Wo)
(2007 – 2008)
Secondary 7 Economics Teaching Schedule
1st
Week
1 － 7
Lesson
1. Income and employment
Number of periods per week: 9
IT
Moral & Civil
Education
2. Money
SBIL
- Case analysis, monthly
TEXTBOOK:-
PowerPoint –
economics
Advanced Level
payment
news
or
notes to students
Macroeconomics
(BOOK 1 &2), PPC
PowerPoint –
- Attitudes towards
- Case analysis, monthly
Credit creation
money
economics news or
11 － 14 II. 3. The price level
notes to students
2nd Lesson:
- Case analysis, monthly
Extracted questions of
economics news or
respective topics &
notes to students
chapters from past
- Attitudes towards trade - Case analysis, monthly
15 － 22 4. International trade and finance
Remarks
PowerPoint – flows - Importance of tax
Multipliers
8 － 10
Extensive
Reading
restrictions
HKAL Papers
economics news or
notes to students
3rd Lesson:
There will be a test after
each topic
23 － 25 Revision
Press Cutting &
Comment
S4 ECO 37
Page 38
Delia Memorial School (Hip Wo)
Secondary 7 Economics Teaching Schedule
Week
Week 1/2 1.
Content
Income and employment
(2007 – 2008)
Number of periods per week: 9
Notes
(iv) a brief discussion of national
income accounting (15 periods)
Objectives
Ass
Test
At the end of lessons, Ss should be able:
(i)
to define some common terms used in national income accounting and
explain their relationship,
(ii)
to understand national income measurement using the three different
approaches,
(iii) to understand the identity of national output, expenditure and income in
accounting sense.
(iv) To understand and merits and limitations of using national income statistics
as indicators of economic welfare.
Week 2/3
(v) An elementary Keynesian
model of income determination
(15 periods)
At the end of the lessons, Ss should be able:
(i)
to
explain
the
determination
of
Quiz
equilibrium
income
by
the 7 (I)
7 (I)
7 (ii)
7 (ii)
income-expenditure approach and the injection-withdrawal approach,
(ii) to understand the concept of multiplier and to apply different multipliers in
measuring changes in equilibrium income,
(iii) to distinguish equilibrium income from full employment income.
Week 3/4
(vi) The consumption function and
its properties (8 periods)
At the end of the lessons, Ss should be able:
(i) to define and calculate the marginal propensity to consume and average
propensity to consume,
S4 ECO 38
Page 39
(ii) to explain the properties of the consumption function in a Keynesian model,
(iii) to explain some major determinants of consumption demand,
(iv) to resolve the paradox of thrift and specify its limitations.
At the end of the lessons, Ss should be able:
(vii) Factors affecting investment
(the acceleration principle NOT
required) (6 periods)
(i)
to distinguish investment as an exogenous or endogenous variable in the
income determination model,
7 (iii)
7 (iii)
(ii) to explain how investment is related to interest rate in an investment 7 (iv)
7 (iv)
schedule,
(iii) to explain how investment is dependent upon expectations.
Week
4/5/6
(v) The IS-LM model under given
prices (30 periods)
At the end of the lessons, Ss should be able:
(i) to derive the IS and LM functions,
Quiz
7 (v)
7 (v)
(ii) to analyse the effects of changes in factors affecting the IS and LM curves,
(iii) to understand the factors determining the slopes of the IS and LM curves,
(iv) to find out the equilibrium interest rate and equilibrium national income,
(v) to explain the transmission mechanism of the model towards reaching
equilibria in both real and money markets,
(vi) to explain how the slopes of the IS and LM curves affect the effectiveness of
both fiscal and monetary policies.
Week 6/7
(vi) The meaning of unemployment
(4 periods)
At the end of the lessons, Ss should be able:
(i) to understand the different interpretation of unemployment,
(ii) to explain the causes of unemployment,
S4 ECO 39
Page 40
(vii) Causes of unemployment,
(iii) to describe how search flow and search duration determine unemployment
including the introduction of
rate,
information or search theory
(iv) to explain the factors affecting the search flow and duration,
(10 periods)
(v) to define the natural rate of unemployment and full employment,
7 (vi)
7 (vi)
7 (vii)
7 (vii)
(vi) to suggest measures to deal with unemployment.
Week 7/8
2. Money
(i)
The nature and function of
At the end of the lessons, Ss should be able:
money (4 periods)
(i)
to explain the emergence of money with reference to transaction costs,
(ii)
to explain the main functions and characteristics of money,
(iii) to recognize the difficulties of defining money in the light of the
emergence of near money and money substitutes
At the end of the lessons, Ss should be able:
(ii)
Transactions demand for and
(i) to explain the quantity theory of money. (Fisher and Cambridge versions)
Quiz
asset demand for money, and
(ii) to use quantity theory of money to explain the impact of a change in money 8 (I)
8 (I)
the Quantity Theory
Week 8/9
(iii)
supply on output and price,
(15 periods)
(iii) to explain the transactions demand for and asset demand for money.
Measurements of monetary
At the end of the lessons, Ss should be able to understand the concepts of
aggregates (various definitions
8 (ii)
8 (ii)
different definitions of money supply.
of money supply) (4 periods)
(iv) The supply of money, and
deposit creation by
At the end of the lessons, Ss should be able:
(i) to understand the process of deposit creation by commercial banks under a
S4 ECO 40
Page 41
commercial banks under a
Week
(v)
9/10
Week
10/11
3. The price level
fractional reserve system,
fractional reserve system (6
(ii) to explain the meaning of and calculate the banking multiplier,
periods)
(iii) to explain hoe deposit creation affects money supply.
A simple discussion of the
At the end of the lessons, Ss should be able:
effects of monetary and fiscal
(i) to understand how monetary policies are exercised,
8 (iii)
Quiz
policies (with emphasis on
(ii) to specify the conditions affecting the effectiveness of monetary policies,
8 (iv)
8 (iii)
income and employment) (15
(iii) to understand how fiscal policies are exercised,
8 (v)
8 (iv)
periods)
(iv) to define built-in stabilizers and explain their operation.
(i) The concept of price level and
8 (v)
At the end of the lessons, Ss should be able:
the definition of inflation (8
(i) to understand the nature and the calculation of price indexes,
periods)
(ii) to understand the use and limitations of price indexes as an indicator of
changes in the price level,
(iii) to define inflation.
Week
11/12
(ii) The causes and consequences
of inflation (8 periods)
At the end of the lessons, Ss should be able:
(i) to understand the causes of inflation,
(ii) to distinguish the concepts of anticipated inflation from unanticipated
inflation,
(iii) to understand the effects of inflation.
S4 ECO 41
Page 42
Week
(iii) Nominal and real rates of
13/14
At the end of the lessons, Ss should be able:
interest and inflationary
(i) to distinguish nominal rate of interest from real rate of interest,
9 (I)
9 (I)
expectations (8 periods)
(ii) to understand the trade off between inflation rate and unemployment rate; 9(ii)
9 (ii)
the short run and long run Philips Curve.
Week
15/16
4.
International trade and
finance
(i)
Quiz
Gains from trade: The law of
At the end of the lessons, Ss should be able:
comparative advantage (15
(i) to understand the law of comparative advantage,
periods)
(ii) to illustrate the gains from trade for countries with constant and increasing
9(iii)
9 (iii)
costs of production. (NB offer curve NOT required)
Protectionism versus free trade: an
Quiz
elementary graphical analysis of the
At the end of lessons, Ss should be able to understand and illustrate graphically 10 (I)
10 (I)
effects of tariffs and quotas (optimal
the economic effects of tariffs and quotas.
10 (ii)
10 (ii)
tariff NOT required) (10 periods)
Week 19
(iii) Balance-of-payments
At the end of the lessons, Ss should be able:
accounting and adjustments
(i) to identify the major components of the balance-of-payments account
(15 periods)
(ii) to understand the effects of the balance-of-payments surplus (deficit) on
national income and foreign exchange markets,
(iii) to explain the means of adjusting the balance-of-payments surplus (deficit)
and the conditions affecting their effectiveness.
Week
20/23
(iv) Exchange rates: a brief
discussion of fixed rates,
flexible rates and the Hong
At the end of the lessons, Ss should be able:
Quiz
(i) to explain the determination of exchange rate under the fixed exchange 10 (iii)
10 (iii)
system and the flexible exchange rate system,
10 (iv)
10 (iv)
S4 ECO 42
Page 43
Kong linked rate (18 periods)
(ii) to understand the factors affecting the exchange rate,
(iii) to understand the adjustment mechanism under the different exchange rate
systems,
(iv) to compare the merits and demerits of the flexible exchange rate system and
the fixed exchange rate system,
(v) to understand the operation of the Hong Kong linked rate and its impact on
the local economy
Week
Revision
23/25
S4 ECO 43