So, you have just completed your Form Four studies.
Congratulations, you've got one final year left for your secondary education!
One last public examination to conquer before you advance into your pre-university studies.
If you currently taking Economics as a core subject for SPM and you find yourself excelling in this paper, perhaps it's time to consider a future career in this field of study.
But first, let's get through your final year first, shall we?
In this article, we will look at the topics that you will learn throughout your Form 5 Economics syllabus and explore the education pathway that you can embark in upon completing your SPM.
What Are The Topics That You Will Learn Throughout Your F0rm Five Economics Syllabus?
Throughout your Form 4 Economics lessons, you have gone through five chapters.
- Bab 1: Pengenalan Kepada Ekonomi
- Bab 2: Keseimbangan Pasaran
- Bab 3: Keanjalan Harga
- Bab 4: Wang, Bank dan Pendapatan Individu
- Bab 5: Pengeluaran
You can refer to this comprehensive list to get a glimpse of what you'll study throughout your Form 5 Economics lessons. There are altogether seven chapters.
Bab 1: Peranan Kerajaan Dalam Ekonomi
- Peranan Kerajaan dalam Ekonomi
- Peranan Kerajaan sebagai Pengeluar
- Peranan Kerajaan sebagai Majikan
- Peranan Kerajaan untuk Mencapai Objektif Guna Tenaga Penuh
- Peranan Kerajaan untuk Mencapai Objektif Pertumbuhan Ekonomi
- Peranan Kerajaan untuk Mencapai Kestabilan Imbangan Pembayaran
- Peranan Kerajaan Mengawal Selia Pengeluar dan Eksternalitif Negatif
Bab 2: Penunjuk Ekonomi
- Indeks Harga Pengguna (HIP)
- Inflasi
- Kesan Inflasi
- Pengangguran
- Jenis Pengangguran
- Keluaran Dalan Negara Kasar
- Pertumbuhan Ekonomi

Photo by Gaudenis G. on Unsplash
Bab 3: Alat Dasar Ekonomi
- Dasar Fiskal
- Hasil Kerajaan-Cukai Langsunng
- Hasik Kerajaan- Cukai Tak Langusng dan Hasil Bukan Cukai
- Kesan Cukai Atas Agihan Pendapatan
- Perbelanjaan Kerajaan
- Belanjawan Negara
- Cara Belanjawan Mengatasi Ketidakstabilan Ekonomi
- Dasar Kewangan
- Alat Dasar Kewangan- Nisbah Rizab Berkanun
- Alat Dasar Kewangan- Nisbah Rizab Tunai
- Alat Dasar Kewangan-Syarat Sewa Beli
- Alat Dasar Kewangan- Surat Jaminan Kerajaan
- Alat Dasar Kewangan-Kaedah Faedah Terhadap Firma
- Kesan Alat Dasar Ekonomi ke Atas Objektif Makroekonomi
Feel free to check out these amazing SPM Ekonomi reference books to learn more about these chapters in detail.
Bab 4: Globalisasi
- Globalisasi
- Syarikat Multinasional
- Dorongan Syarikat Multinasional
- Risiko Syarikat Multinasional
- Faktor Penggalak Globalisasi
- Pelaburan Langsung Asing
Bab 5: Perdagangan Antarabangsa
- Perdagangan Antarabangsa
- Sebab-sebab Wujud Perdagangan Antarabangsa
- Kepentingan Perdagangan Antarabangsa
- Bentuk Sekatan Perdagangan Antarabangsa
- Tujuan Sekatan Perdagangan Antarabangsa
- Kesan Pelaksanaan Tarif
- Kesan Pelaksanaan Subsidi
- Kesan Pelaksanaan Kuota
- Kebaikan dan Keburukan Sekatan Perdangan Antarabangsa
- Liberalisasi Perdagangan
- Blok Ekonomi dan Perjanjian Perdagangan
- Kesan Blok Ekonomi dan Perjanjian Perdagangan
Bab 6: Imbangan Pembayaran
- Komposisi Dagangan-Komposisi Eksport
- Komposisi Dagangan- Komposisi Import
- Imbangan Pembayaran
- Akaun Semasa dalam Imbangan Pembayaran
- Lebihan Akaun Semasa
- Defisit Akaun Semasa
- Cara Mengatasi Defisit Akaun Semasa
Bab 7: Kadar Pertukaran Asing
- Pertukaran Asing
- Kadar Pertukaran Asing
- Pengiraan Kadar Pertukaran Asing
- Faktor yang Mempengaruhi Permintaan Mata Wang Asing
- Faktor yang Mempengaruhi Penawaran Mata Wang Asing
- Analisis Penentuan Kadar Pertukaran Asing
- Analisis Perubahan Kadar Pertukaran Asing
- Kesan Kenaikan Kadar Pertukaran Asing Terhadap Eksport dan Import Malaysia
- Kesan Jatuhan Kadar Pertukaran Asing Terhadap Eksport dan Import Malaysia
Having said that, getting to know the core chapters and concepts of your Economics syllabus is the first step to tackle your SPM Economics papers.
What Is The Recommended Pathways To Pursue Your Tertiary Studies In Economics After Your SPM?
If you have made up your mind to choose an economics related career in the future, you can consider these three education pathways after completing your SPM.
Pathway 1: Enrol for Form Six/Local Matriculation
This pathway is highly recommended to those who want to pursue their degree in a public university like University of Malaya or University Putra Malaysia. It is definitely the cheapest pre-university study programme in Malaysia.
For Form Six, you can take Economics as part of the Art Stream for your Sijil Tinggi Pelajaran Malaysia (STPM) and apply for your desired course via Unit Pengambilan Universiti (UPU). The same process applies for local matriculation students too. The only differences between two programmes are the duration and location of study.
Pathway 2: Take A-Levels
If you have set your mind to study abroad, we highly recommend you to enrol for A-Levels. Under A-Levels, you can take the Economics subject to get a glimpse of what is expected during your course of study overseas.
One thing to bear in mind is the transition of language from 100% Malay for your SPM Economics to A-Levels. However, it should not be a major issue as most taught core concepts are the same.
Don't miss out on these practical tips to take your Economics skills to the next level.
Pathway 3: Take Foundation in Arts/ Business
For students who prefer to keep their options open, you can consider taking a Foundation in Arts/ Business. You can either register to study at a private education instutioon locally or opt for overseas study for your degree later.
This pathway is ideal for those who love to explore various fields revolving economics, finance and business.
What Are Some Universities In Malaysia That Offer Economics Related Courses?
After reviewing the potential education pathways in the previous paragraph, now let's look at some public and private education institutions in Malaysia that offer Economics degrees.
We have listed four for you.
Universiti of Malaya
First on our list is one of the top universities in Malaysia. The university offers the Bachelor of Economics (BEC) programme.
Under this programme, students can choose from five areas of specialisation:
- Applied Economics
- Applied Statistics and Analytics
- Financial Economics
- Development Studies
- Public Administration
- Fees: RM 8,330(7 semesters)
You can refer to this handbook to learn more about the programme structure and syllabus.
Universiti of Sains Malaysia
The Bachelor of Economics is offer under the School of Social Sciences under Universiti of Sains Malaysia (USM).
The main medium of instruction of this programme is the Malay language but about one third of the subjects are offered in English.
Some of the core subjects throughout the period of study include:
- Intermediate Microeconomics
- Intermediate Macroeconomics
- Reseaarch Methodology
- Malaysian Economy and many more
- Fees: 15,000.00 ( 4 years)
Check out these resources to score well for your SPM Economics papers.
Taylor's University
Taylor's University offers the Bachelor of Finance and Economics programme which holds dual award options with either University of West of England, Bristol or Queensland University of Technology, Australia.
Some of the subjects that you will learn throughout the degree include:
- Economics for Organisation
- Financial Economics for Contemporary Markets
- Personal Financial Management and Wealth Management
- Corporate Finance and others
- Fees: RM 111,938 ( 3 years)

Photo by Dom Fou on Unsplash
Nottingham University
Nottingham University is a prestigious UK branch campus in Malaysia. It offers the Bsc (Economics) programme.
Under this programme, you will learn core modules such as:
- Quantitative Economics
- Macroeconomic and Microeconomic Theory
- Development Economics
- Current Economic Issues In Malaysia and many more
Fees: RM39,500 per year ( 3 years programme).
We hope these information will motivate you to do well for your SPM Economics subject. Perhaps, you can start reading about the marking scheme of both of the papers here.
Exploring The Career Opportunities As An Economics Major
Of course, life is not solely about studying and passing examinations. Once you have bid farewell to your student life, you'll need to start working and applying what you have learnt into real life situations.
Do you have a passion in Economics but not sure what exact job should you venture into?
You are in the right place.
Continue reading this list below to gain some perspectives on your potential future career in this field of study.
Here's a glimpse of where you can work with an Economics related degree/ Economics major.
- Investment banks
- Schools/universities
- Government agencies
- Think tanks
- International policy institutions
- Management consultancies and others
In other words, the sky is the limit.
Home Tutoring vs Online Tutoring For SPM Economics, Which Is Better?
Now that you have gathered so much information about your Form 5 Economics topics, your education as well as career pathway, it's time to draw back to the present moment.
We believe you are now more motivated than ever to excel in this subject.
Apart from your regular school lessons and self-study, you might want to try out private tutoring to enhance your knowledge and master the latest examination format for your SPM Economics.
When it comes to private tutoring, there are two options. You can either opt for home tutoring or online tutoring.
That being said, both tutoring methods are pretty flexible and they have distinctive pros and cons in the long run.
Let's take a look at some of the features of home tutoring and online tutoring before you decide.
Home tutoring
- Students can opt for physical lessons at their home or their tutor's home
- Student can receive undivided attention from tutor (one-to-one)
- Student can have personalised face to face lessons
Online tutoring
- Students can learn anywhere as long as they have a stable Internet connection
- Student can save on transportation fees
- Student can review and replay their lessons whenever they want.

Photo by Andrew Neel on Unsplash
At Superprof, you can easily find a SPM Economics home tutor or online tutor in just a few clicks.
You can take your time to look through the tutors' profiles and check if their teaching experience, teaching methodology and hourly rates match your expectations and preferences.
Just follow these three simple steps.
- Search
- Contact
- Organise
If you need any assistance, you can also visit the Superprof Help Centre and receive the necessary guidance according to your needs. With Superprof, learning has never been so easy!
Put your best foot forward to conquer the final year of your secondary education and ace your SPM Economics papers!
May you find a fulfilling career in the field of Economics!









