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SPM 2017 REVISION GUIDE

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Your guide to studying Economics in Malaysia

Course Duration

2 - 4 Years

Average Fees

MYR 15,000 - 25,000

Average Salary

MYR 32,000 - 70,000

Job Demand

What is Economics?

Economics is the social science revolving around choice, scarcity, opportunity, and society.

Is one of your favourite TV shows ‘The Apprentice’? Do you understand the basic concept of supply and demand? Do you understand how economics affects not only businesses, but other careers from doctors to taxi drivers as well? If so, then read on as we slowly unravel the world of Economics and help you determine if it’s the career for you.

Economics, to put it into simple terms, relates to every aspect of our lives, from the decisions we make as individuals or ...

Is one of your favourite TV shows ‘The Apprentice’? Do you understand the basic concept of supply and demand? Do you understand how economics affects not only businesses, but other careers from doctors to taxi drivers as well? If so, then read on as we slowly unravel the world of Economics and help you determine if it’s the career for you.

Economics, to put it into simple terms, relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms. Economics teaches how to make well-informed decisions. A large part of the subject is decision making: what should the government do to cut the budget deficit; what should a business do to raise profit margins. It teaches us how to go about making choices, which is vitally important in business.

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What are the subjects covered under Economics?

Mathematics

Accountancy

Economics

Business Accounting I

Business Accounting II

Business Finance

Corporate and Business Law

English for Business

What you need to get on a Economics course?

Diploma in Economics

SPM / O-Levels : minimum of five (5) credits

Degree in Economics

A-Level : Minimum of 2Ds

STPM : Minimum of 2Cs

Australian Matriculation : Minimum of ATAR 70, with credit in Mathematics

Canadian Pre-University : Average of 70% in 6 subjects

Foundation in Business or Arts : Minimum CGPA of 2.5

How does your education pathway look like?

What skills do you need for a Economics course?

Eye for detail

You’re the kind of person who remembers the colour of the shirt someone wore 3 weeks ago, on a certain day. Why? No apparent reason, you’re just good with remembering details, some small, some big, but all, important.

Good Communicator

You’re capable of speaking in more than 2 languages, perhaps something you picked up from hanging out with your friends of different races. Furthermore, you tend to relay any message, maybe from a teacher to the rest of the class in a clear and easily understood manner.

Good with numbers

Picture this: when you’re out with your friends, and one of you finally calls for the bill. While everyone else whips out their phones to launch calculator, to divide the bill among yourselves you calculate everything in your head and spilt it evenly before anyone else can finishes keying in the numbers. The best part? You’re never wrong. Does this sound like you (Okay, making a mistake or two is fine!) Basically, numbers are second nature to you, and they pose no problems.

Inquisitive

It’s dinner time, and your friend calls you up to head out for dinner. While screening suggestions from your group, you hear about this new place which is famous for intestines, from one of them. While the rest of your group react with a mixture of disgust and horror, a fire slowly starts to flicker in your heart. You must dine at this new place. Not because you like the food (You’ll probably hate it), but simply because you’re curious. Thankfully, you’re not a cat.

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