Chapters
- 01. What Type Of Questions Can You Expect In Your SPM Economics Paper 1?
- 02. An Overview Of The Structure Of Your SPM Economics Paper 2
- 03. Exploring The Important Economics/ Financial Concepts That You Can Learn Through SPM Economics
- 04. Learn More About Malaysia's Economy Through These Amazing Online Resources
- 05. Steps To Find A Reliable Economics Tutor
Most students often dream of the day when they can bring their books with them during their examinations.
That way, they don't have to memorise everything from A to Z and reduce any instances of random mind blackouts.
While there are instances where open-book tests are held, it is certainly not the case for the actual SPM Economics papers.
Having said that, open-book tests will not be helpful if you do not know what to expect for the examination in terms of the tested sections and recurring question patterns.
Planning and preparing ahead are the main keys to unlocking a successful examination, regardless of the subject.
In this article, we will look at the overall examination format of your SPM Economics papers and the steps to conquer this subject confidently with the help of an Economics tutor.
What Type Of Questions Can You Expect In Your SPM Economics Paper 1?
For your SPM Economics Paper 1, you will come across 40 multiple-choice questions.
The duration of this paper is 1 hour and 15 minutes (Total marks: 100 marks, weightage is 40%)
Here are some examples of the sample questions that could come out for your SPM Economics Paper 1.
Type 1: Matching the answer with the right scenario/definition
Puan Siti memberi arahan kepada bank untuk membayar bil elektrik kedainya pada 27hb setiap bulan. Apakah kemudahan tersebut?
A Draf bank
B Debit langsung
C Pindahan kredit
D Perintah sedia ada
Type 2: Choosing the right pair of statements
Antara berikut, yang manakah berkaitan dengan input berubah?
I Contoh ialah bahan mentah
II Tetap wujud walaupun output sifar
III Wujud hanya dalam jangka masa panjang
IV Input yang kuantitinya berubah mengikut tingkat output
A I dan II
B I dan IV
C II dan III
D III dan IV
Source: Panduanmalaysia.com
Type 3: Calculation questions
RM1.00 = € 0.21
Pernyataan di atas menunjukkan kadar pertukaran asing Ringgit Malaysia dengan mata wang Euro. Jika Encik David membeli minyak wangi dari Perancis €250, berapakah nilai dalam Ringgit Malaysia yang perlu dibayar oleh Encik David?
A. RM250.00
B. RM4059.52
C. RM1190.48
D. RM5250.00
Gain some practical tips for an efficient and enjoyable revision process for this subject.
An Overview Of The Structure Of Your SPM Economics Paper 2
Now, let's go through the tested components of the second paper.
Altogether, there are two sections. The duration of this paper is 2 hours and 15 minutes. (Weightage is 60 %).
Section A consists of three structured questions (compuslory to answer all, total marks: 60 marks).
On the other hand, Section B has 4 questions options (candidates only need to answer two, total marks: 40 marks).
Here are some examples of questions that you will find in Section A.
- Huraikan konsep mobiliti sumber ekonomi [4 markah]
- Jelaskan dua sebab peningkatan kualiti sumber ekonomi [2 markah]
When it comes to Section B, candidates need to provide a more elaborative answer according to the given scenario. One question usually has three sub questions.
Some examples include:
18 April 2022: SGD = RM3.1251
19 Sept 2022: SGD = RM3.2298
- a) Jelaskan keadaan Ringgit Malaysia (RM) pada 19 September 2022 berbanding 18 September 2022. [4 markah]
- b)Dengan menggunakan gambar rajah yang sesuai, bagaimana perubahan nilai Ringgit Malaysia di atas ditentukan. [7 markah]
- c)Kadar pertukaran mata wang asing di (a) memberi kesan kepada pelaburan langsung asing. Berikan ulasan anda. [9 markah]
Don't forget to check out this article to learn more about the latest marking scheme for your SPM Economics papers.
Exploring The Important Economics/ Financial Concepts That You Can Learn Through SPM Economics
After reviewing the examination structure for your SPM Economics papers, let's reflect on some of the important economic concepts that you will come across throughout your subject syllabus.
Peranan Kerajaan Dalam Ekonomi [The Role Of Government In The Economy]
In this chapter, you will learn about these three important sub-topics.
- Peranan Kerajaan sebagai Pengeluar dan Majikan
- Peranan Kerajaan untuk Mencapai Objektif Makroekonomi Negara
- Peranan Kerajaan dalam Mengawal Selia Pengeluar dan Eksternaliti Negatif
When you study this chapter, you'll gain a better perpective on the domestic economy, the importance of national budget as well as the relevance of public and private sectors to have a stable economy.
Wang, Bank dan Pendapatan Individu [Money, Banks and Individual Incomes]
You can't miss out on money, money and money when you talk about economics.
Wnat constitues a personal income? How are money created? Who decides much money are created in a year?Why do we need banks?
You can find the answer to these questions in this chapter. The earlier you understand these concepts, the better financial literacy you'll have as you step into adulthood.
Source: The Economic Times
Globalisasi [Globalisation]
Globalisation is probably one of the most mentioned buzzword in the 21st century.
Learn more about the relationship between globalisation and our economy through these core topics such as:
- Globalisasi
- Syarikat Multinasional
- Faktor Penggalak Globalisasi
- Pelaburan Langsung Asing
We hope these concepts give you enlightenment and motivation to do well in this subject. They're also very practical and useful in the long run!
You can also refer to this article to explore these fantastic resources and methods to ace your SPM Economics subject.
Learn More About Malaysia's Economy Through These Amazing Online Resources
Apart from preparing for your SPM Economics revision, your Economics learning journey does not stop here.
Do you know that there are plenty of amazing websites that provide the latest infographics, statistics and updates on Malaysia's economy?
Continue reading to learn more. Here are three of our recommendations.
1.World Bank In Malaysia
Through this website, you will be able to access various official research about how Malaysia's economy fare among ASEAN and how various investment and tax policies in the country help shape the overall economy in different stages.
You can also read and download many extensive reports such as reports on Malaysia's digital economy for instance.
2.Organisation for Economic Co-operation and Development (OECD)
This website offers you a comprehensive view of the country's economy policies in terms of restoring the business sectors especially during the pandemic, migration trends as well as ways how to strengthen the tax revenue of South East Asian countries and many more.
Source: The Star Online
3.Official Portal of Ministry of Economy
Whether you are looking for the latest updates of economic management, development policies, development plans, socioeconomic statistics as well as media resources of the country, you are in the right place.
Think of this website as a mini library and museum exhibition of Malaysia's economy.
It's like a treasure hunt here. You'll probably find some relevant information that will help to understand the core concepts of your Form 4 and Form 5 Economics lessons.
Not sure what to expect for your Form 5 Economics lessons after completing your Form 4 this year? Get a glimpse of the Form 5 Economics syllabus here.
Steps To Find A Reliable Economics Tutor
It seems like you're almost set to sit for your SPM Economics papers.
You have read the latest examination format for Paper 1 and Paper 2, review some of the sample questions for the tested components as well as amazing resources where you can take your passion for Economics to the next level.
Before you realise, another revision lap begins.
With all the right learning materials in front of you, you might feel that something is amiss.
Perhaps, you might want to hire a private Economics tutor to have a more systematic revision journey.
Not sure where to start?
Don't worry, we got you covered in these five simple steps.
- Step 1: Head to the Superprof Malaysia homepage
- Step 2: Select the subject "Economics" and your preferred location (your current city) or the online options
- Step 3: Filter the search results acording to your maximum budget for the hourly rate and learrning level (SPM)
- Step 4: Start browsing the tutors' profiles
- Step 5: Once you have confirmed the tutor, you can proceed to connect with the tutor via a Student Subscription Pass
We highly recommend you to find a tutor via Superprof because it is super convenient and student-friendly.
At Superprof, home tutoring and online tutoring are offered across the globe where you can explore as many as 1001 subjects! Not to mention that the tutors at Superprof are certified and reviewed.
You can easily read about the tutor's basic information, teaching qualification, years of teaching, teaching methodology hourly rates and their past students' reviews at a glance.
We assure you that your revision journey will progress smoothly with a personalised and flexible guidance from our Superprof tutors. In between, you can also refer to this list to browse through some SPM Economics-related reference books and websites while you're preparing for your revision.
You've reached the end of this article. We hope you have found the above information useful. All the best in conquering this subject and becoming a true master of Economics no matter where you're are!
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