Allow me to respond to various writings recently published in the Straits Times: “China bars for-profit tutoring in core school subjects“, a letter to the ST Forum, “Should China’s curbs on tuition be looked at here?” and “China cracking down on private tuition: A lesson for Singapore?“. It would be a mistake to blame the tuition industry for mental and emotional health issues that …
Real World Economics Applied: To HK or not?
Singapore and HK have reached an agreement on an air-travel bubble slated to start on 26th May 2021. Rational decision making requires marginal cost and benefit analysis as per Singapore Cambridge A Level Economics Syllabus. That is the most critical aspect and in doing so, with consideration of information required, possible constraints, intended and unintended consequences as well as different …
Real World Economics Applied: COVID Vaccination
In Singapore and in many other countries, there is direct provision of COVID-19 vaccines. This means that the Governments have taken it upon themselves to procure and provide these vaccines to the public. In addition, it was also made free to the public ie fully subsidised by the Government. Obviously, these are policies to promote consumption of the vaccines. But …
Of Mandates, Blank Cheques, and Diversity
I usually do not comment on politics. My last post “The Economics of Politics?” was really meant to be more of an Economics post than on politics. But we live in really interesting times…and that has compelled me to provide my few cents worth. (And before you proceed further, are you from Hwa Chong Institution? You are advised to exit …
Real World Economics : The Economics of Politics
In teaching economics, I always try to make it alive, through real-life examples that students can relate to. I also try my best to inspire them to see how applicable economics concepts can be towards future business decisions and even life decisions. This is part of the reason why I write such articles to the Straits Times and also share …
