Tuition Curbs? Wrong Answer. Pls try again.

Governor Uncategorized 1 Comment

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 - Singapore HK Travel Bubble

Real World Economics Applied: To HK or not?

Governor Uncategorized Leave a Comment

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 : covid vaccination policies

Real World Economics Applied: COVID Vaccination

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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 …