Chapters
- 01. A Complete Summary Of All The Taught Chapters Under The STPM Economics Syllabus
- 02. An Overview Of The General Format For STPM Economics Papers
- 03. Studying Resources And Diverse Questions For STPM Economics
- 04. Mastering The Marking Scheme For All The STPM Economics Components
- 05. 3 Reliable Revision Tips To Ace The Actual STPM Economics Exam Consistently
Here's a trivia for you.
Do you know which country has the third largest economy in South East Asia?
It's none other than our nation, Malaysia.
Whether it's tabling local economic policies, establishing trade relationships with various countries or managing the role of banks in the country, every single decision can lead to great waves in the economic scene.
With the global pandemic and major lockdown that took place in 2020, it's clear to see that the global economy and many businesses have taken a hit.
There's clearly a relationship between the state of the local economy and the livelihood of the people.
It's one of the many reasons why Economics is offered as a subject at both SPM and STPM levels in Malaysian secondary schools. To raise awareness and foster financial literacy among the younger generation in the long run.
In this article, we will have an overview of how to tackle the STPM Economics papers effectively in terms of the format, marking scheme, tips and learning resources.
A Complete Summary Of All The Taught Chapters Under The STPM Economics Syllabus
But first, let's go through the chapters and sub-topics that you will go through each semester if you have registered for the STPM Economics paper.
Altogether there are 16 chapters under three themes: Mikroekonnomi, Makroekonomi and Ekonomi Malaysia.
Semester 1 [Mikroekonomi]
- Chapter 1: Pengenalan Makroekonomi
1.1 Definisi ilmu ekonomi
1.2 Sumber ekonomi (faktor pengeluaran)
1.3 Kehendak manusia
1.4 Masalah asas ekonomi
1.5 Keluk kemungkinan pengeluaran
1.6 Sistem ekonomi
1.6.1 Ekonomi pasaran bebas, ekonomi perancangan pusat, ekonomi campuran, dan ekonomi Islam
1.6.2 Pasaran dan penyelesaian masalah asas ekonomi - Chapter 2: Pasaran Barang dan Harga
2.1 Permintaan
2.2 Penawaran
2.3 Keseimbangan pasaran
2.4 Lebihan pengguna dan lebihan pengeluar
2.5 Keanjalan permintaan
2.6 Keanjalan penawaran
2.7 Campur tangan kerajaan dalam pasaran - Chapter 3: Teori Pengeluaran dan Kos Pengeluaran
3.1 Firma dan industri
3.2 Fungsi pengeluaran
3.3 Kos pengeluaran
3.4 Ekonomi bidangan dan tak ekonomi bidangan - Chapter 4: Struktur Pasaran, Penentuan Harga, dan Output
4.1 Konsep hasil dan untung
4.2 Struktur pasaran
4.3 Pasaran persaingan sempurna
4.4 Pasaran monopoli
4.5 Pasaran persaingan bermonopoli - Chapter 5: Pasaran Faktor dan Agihan
5.1 Permintaan dan penawaran faktor pengeluaran
5.2 Upah
5.3 Sewa, kadar bunga, dan untung
Photo by Artem Beliaikin on Unsplash
Semester 2 [Makroekonomi]
- Chapter 1: Pengenalan Makroekonomi
1.1 Aliran pusingan pendapatan negara
1.2 Isu makroekonomi
1.3 Petunjuk makroekonomi - Chapter 2: Perakaunan Pendapatan Negara
2.1 Konsep pendapatan negara
2.2 Kaedah penghitungan pendapatan negara
2.3 Kegunaan data pendapatan negara - Chapter 3: Keseimbangan Pendapatan Negara dan Dasar Fiskal
3.1 Pendekatan perbelanjaan agregat pendapatan (AE-Y): harga tetap
3.2 Analisis permintaan agregat-penawaran agregat (AD-AS): harga berubah - Chapter 4: Wang, Bank, dan Dasar Kewangan
4.1 Wang
4.2 Penawaran wang
4.3 Permintaan wang
4.4 Keseimbangan pasaran wang dan aktiviti ekonomi
4.5 Bank pusat dan dasar kewangan - Chapter 5: Perdagangan dan Kewangan Antarabangsa
5.1 Sebab wujud perdagangan antarabangsa
5.2 Faedah berbanding
5.3 Sekatan perdagangan antarabangsa
5.4 Kadar pertukaran asing
5.5 Imbangan pembayaran
Semester 3 [Ekonomi Malaysia]
- Chapter 1: Pengangguran, Guna Tenaga, dan Upah
1.1 Pengangguran
1.2 Pengangguran di Malaysia
1.3 Faktor mempengaruhi pengangguran
1.4 Upah
- Chapter 2: Inflasi dan Kos Sara Hidup
2.1 Indeks harga dan inflasi
2.2 Inflasi di Malaysia
2.3 Faktor mempengaruhi inflasi
2.4 Kos sara hidup
2.5 Kesan inflasi
2.6 Langkah mengawal inflasi
2.7 Belanjawan negara Malaysia - Chapter 3: Perdagangan Antarabangsa dan Imbangan Pembayaran
3.1 Perdagangan antarabangsa dan keterbukaan ekonomi
3.2 Arah aliran perdagangan antarabangsa di Malaysia
3.3 Kesan perdagangan antarabangsa
3.4 Langkah mengawal perdagangan antarabangsa
3.5 Imbangan akaun semasa di Malaysia
3.6 Kadar pertukaran asing - Chapter 4: Perusahaan Kecil dan Sederhana
4.1 Unit perniagaan
4.2 Perusahaan kecil dan sederhana
4.3 Perusahaan kecil dan sederhana di Malaysia
4.4 Peranan kerajaan - Chapter 5: Institusi Kewangan
5.1 Institusi kewangan
5.2 Institusi kewangan di Malaysia
5.3 Institusi pemberi kredit - Chapter 6: Kemiskinan dan Agihan Pendapatan
6.1 Ukuran kemiskinan
6.2 Kemiskinan di Malaysia
6.3 Agihan pendapatan
6.4 Dasar membasmi kemiskinan dan ketaksetaraan pendapatan
Explore some studying tips for your STPM Economics papers here.
An Overview Of The General Format For STPM Economics Papers
It's important to note that both STPM Economics Paper 1 and Paper 2 have the same examination structure.
The papers have 3 sections and the test duration is 2 hours.
Section A consists of 20 multiple-choice questions. [Mark allocation: 20%]
Section B consists of 6 essay questions. Candidates need to answer 4 out of 6 essay questions. [Mark allocation: 40%]
Section C consists of 3 quantitative questions. Candidates need to answer 2 out of 3 quantitative questions. [Mark allocation: 20%]
Photo by RODNAE Productions (Pexels)
When it comes to your STPM Economics Paper 3, the tested component is slightly different.
There will only be 2 sections and the test duration is only 1 hour.
Section A consists of 6 essay questions. Candidates need to answer 5 out of 6 essay questions. [Mark allocation: 30%]
Section B consists of 2 quantitative questions. Candidates need to answer 1 out of 2 essay questions. [Mark allocation: 10%]
Read more on the marking scheme of the STPM Economics papers here.
Studying Resources And Diverse Questions For STPM Economics
After reviewing the examination format, let's explore some revision materials and resources that will help you during your revision process.
Click here for a more in-depth view of the STPM 2023 Economic format.
Topical & Summative Exercises
Don't underestimate this good practice to build a strong foundation each semester.
When you attempt topical and summative practices, it serves as a good gauge of your true comprehension level of the topics, especially at the end of the chapter. This will help you tremendously as you progress to the next chapter. You can also go back to these questions to refresh your knowledge of these chapters throughout the semester.
Important tip: You can find many of these exercises in your STPM Economics textbooks or reference books.
Past Year Questions & State Trial Papers
This is a revision staple for every examination candidate.
It helps you to accurately visualise what to expect in your own STPM Economics papers later.
The more you attempt past year questions and state trial papers, the more accustomed you will be towards the difficulty level of the questions and the time allocation to complete each task.
This will build your confidence and competence in the long run. You can say goodbye to sweaty palms and mind-blank moments during your exams.
Youtube Tutorials
There might come a time when you find yourself reading the same thing over and over again but nothing seems to be registering.
It's okay, you can take a break with Kit Kat by watching Youtube tutorials instead.
Some studies revealed that students learn better with videos because it helps to boost visual processing and acts as a strong illustration tool for memory retention.
Photo by Surface on Unsplash
Mastering The Marking Scheme For All The STPM Economics Components
In this part, we will talk about the grading method for your STPM Economics papers in particular the essay questions, quantitative questions and coursework assessment.
Essay questions and quantitative questions will be tested in all the written tests throughout three semesters while coursework assessment will be conducted during the final semester.
1) Essay Questions [Each question is 10 marks]
For essay questions, it's important to have a good structure. After identifying the keywords, make sure you carefully list down the facts with relevant elaboration and examples.
It's important to plan your answers according to mark allocation. For instance, if it's an 8-mark question, it means you'll have to write 4 points with 4 elaborations. When it comes to definition questions, write your answers in a simple and concise manner.
2) Quantitative Questions [Each question is 10 marks]
There are four important elements to include when you're answering quantitative questions to get full marks.
- The correct formula
- Complete working from the formula to the final answer
- Putting the right unit from the beginning to the end
- Rounding up the final answer to two decimal points
3) Coursework Assessment [60 marks]
When it comes to coursework assessment, candidates will be evaluated based on two methods:
Report Writing
- 1 )Tajuk kajian dan abstrak [2 markah]
- 2)Pengenalan: Latar belakang kajian [ 3 markah]
- 3) Penyataan masalah [2 markah]
- 4) Tujuan/objektif kajian [2 markah]
- 5 ) Kaedah kajian [4 markah]
- 6 ) Hasil kajian dan perbincangan [ 20 markah]
- 7 ) Cadangan [4 markah]
- 8) Penutup/rumusan kajian [ 2 markah]
- 9) Senarai rujukan [2 markah]
- 10) Lampiran [ 1 markah]
- 11 ) Kemahiran manipulatif [3 markah]
- 12) Kemahiran insaniah [ 5 markah]
Oral Presentation
- Kerelevanan [2 marks]
Apa yang dibentang oleh pelajar sama atau tidak dengan yang dihasilkan oleh pelajar dalam kerja kursus.
- Kreativiti [2 marks]
Calon menggunakan alat bantuan, seperti OHP, manila kad, flash kad, “power point”
- Keterampilan [2 marks]
Keyakinan calon semasa sesi pembentangan, mamakai pakaian yang sesuai dan sahsiah diri
- Kebahasaan [2 marks]
Calon menggunakan istilah ekonomi semasa pembentangan
- Soal Jawab [2 marks]
Calon memberikan respons terhadap soalan guru
When you have completely mastered the marking scheme of the STPM Economic papers, you are now a step closer to acing this paper comprehensively.
3 Reliable Revision Tips To Ace The Actual STPM Economics Exam Consistently
Now, let's look at how you can optimize what you have learnt earlier in your revision journey to score well for your STPM Economics papers for each semester.
Click here to find out where to find references and past year's papers.
Here are three tips that you can start considering today.
Tip 1: Compile chapter-by-chapter notes
The earlier you start to organise your notes, the more time you'll have to revise all the chapters that will be tested for the semester.
It's best to start compiling them after you have completed each chapter instead of waiting until it's almost your trials or final exam.
Tip 2: Compare the exercise of your answers to the marking scheme
As you practice with various past-year questions/trial questions, it's important to compare your answers with the given answers and see what went right and what went wrong.
From there, you'll know the right way to plan your answers in advance and avoid unnecessary mistakes in the future.
Tip 3: Connect with an Economics tutor for personalised guidance
If you prefer to have personalised guidance on certain chapters or have a more systematic learning route, you can always opt for private tutoring.
We highly recommend you to find an experienced and reliable STPM Economics tutor via Superprof.
In just a few steps, you can find an Economics tutor that fit your preferences in terms of teaching methodology, teaching scope, hourly rates and learning mode.
With an Economics tutor, you'll get to know where your strengths and weakness lie and receive immediate feedback on how to improve. Also, you can experience undivided attention from your tutor with minimal distractions throughout the lessons.
We hope this article has been insightful. May you embark on a journey to unlock many new discoveries about the significance of the local and global economy. Happy learning!
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