HKFYG Lee Shau Kee College

Wis­dom in Action




Economics is one of the six elective subjects in the Personal, Social and Humanities Education (PSHE) Key Learning. The study of economics helps students to understand the human world through enquiring into how resources are usedto serve individuals and society. It also contributes to the development of critical thinking and decision-making skills, which arecrucial for the all-round development of students and, in particular, their development as life-long learners and responsible citizens.


Main concerns

1.1 to redesign lesson activities to let students grab knowledge more easily according to their learning styles
1.2 to unleash students’ potential by formulating plans for enrichment and remediation


1.3 to develop students’ application skill in answering current affairs related questions and skill of coping with MCQs
1.4 to promote self-directed learning through I.T. and reading


1.5 to arouse students’ sense of caring to the small and exploited farmers in developing countries


Topics to be covered

Secondary 3

Semester 1:

A.Hong Kong Economy
1. What is Economics?
2. Normative and positive statement
3. Economic indicators
4. Economic restructuring of Hong Kong
5. Trade
6. Government Budget
7. Equity

Semester 2:

B. Basic Economic Concepts (Bridging NSS Curriculum)
1. Money & Banking
2. Sources of economic problem
3. Opportunity cost
4. Free Goods VS Economics Goods
5. Three Basic Economic Problems & Solutions
6. Exchange & Specialization


Senior Form (New Senior Secondary Curriculum):


A Basic Economic Concepts
B Firms and Production
C Market and Price
D Competition and Market Structure
E Efficiency, Equity and the Role of Government
F Measurement of Economic Performance
G National Income Determination and Price Level
H Money and Banking
I Macroeconomic Problems and Policies


International Trade and Finance
Elective1: Monopoly Pricing, Anti-competitive Behaviors and Competition Policy