Masterclass
Detailed and finely tuned for A level Econs students, our exclusive Masterclass series is a new series of premium educational bite-sized videos, where Mr Toh breaks down concepts from the entire Economics syllabus. The full series is exclusively available for ALL ETG Students and not made available to members of the public. Preview a few of our Masterclass videos below!
MASTERCLASS 1B - THE CENTRAL PROBLEM OF SCARCITY
In Masterclass Series 1, Mr Toh covers the introduction to Microeconomics, Scarcity, Consumers, Producers & the Government, the Production Possibility Curve as well as Opportunity Cost across 5 videos.
In this video, he explains the Central Problem of Scarcity - why Scarcity exists, resource constraints, cost-benefit analysis and understanding of unintended & intended consequences.
MASTERCLASS 2B - Consumer Sovereignty
In Masterclass Series 2, Mr Toh covers Demand & Supply, Consumer Sovereignty, Market Equilibrium and Consumer & Producer Surplus across 4 videos
In this video, he breaks down what exactly Consumer Sovereignty is, and how the example of earwax flavoured candy can demonstrate it. Curious? Watch the video lesson now!
Masterclass 3D - Cross elasticity of demand
In Masterclass Series 3, Mr Toh covers an introduction to Elasticity, PED, YED, XED & PES over the span of 5 videos.
In this video, he covers the ever-confusing XED. When is the sign positive? When is it negative? How do firms use XED? Watch the video to find the answers to these questions and more!
Masterclass 4C - Price ceiling
In Masterclass Series 4, Mr Toh covers all 4 major price controls: taxes, subsidies, price floors & price ceilings over the span of 4 videos
In this video, learn about when governments impose a price ceiling, how to illustrate a price ceiling on a diagram, the problems of imposing a price ceiling in the real world.
MASTERCLASS 5B - MARGINALIST PRINCIPLE
In Masterclass Series 5, Mr Toh explains Profits, Cost & Revenue, the Marginalist Principle, and Alternative Objectives of Firms in 4 videos
In this video, Mr Toh breaks down what exactly the Marginalist Principle is, how to illustrate it on a diagram, and how this relates to profit maximisation
Masterclass 6D - Internal Economies of Scale
In Masterclass Series 6, Mr Toh dissects Short vs Long run, the MES, Internal EOS, External EOS, and DisEOS in 5 videos
What exactly are Internal Economies of Scale? How do you illustrate it on the LRAS? What are the different types of iEOS and what are some real life examples? Find the answer to these questions yourself by watching this video!
Masterclass 7A - Barriers to Entry
In Masterclass Series 7, Mr Toh tackles the topic of Market Structure - in 9 videos, learn about characteristics of Market Structure, BTEs, Perfect Competition, Monopolistic Competition, Monopolies, the Pros & Cons of Monopolies, and Government Intervention against Monopolies
In this video, learn about the different types of Barriers to Entry, how they work, how they affect firms, and how they materialise in the real world through multiple examples.
DEMERIT GOODS
Government intervention
ECONcepts
In this Youtube series, Mr Toh breaks down KEY Economic concepts in these bite-sized videos. Bored on the bus ride home? Learn on the go by watching these short videos on our Youtube channel!
econcepts - fiscal policy
Learn about the Expansionary and Contractionary Fiscal Policy - including the limitations and trade-offs of Fiscal Policy!
ECONcepts - economic growth & unemployment
Learn about 2 of the 4 key macroeconomic objectives of any government - attaining sustained economic growth and a low unemployment rate!
econcepts - inflation & deflation
What is the difference between inflation & deflation? What are the different types of inflation?
econcepts - fiscal austerity
What is Fiscal Austerity, and its similarities and differences to Contractionary Fiscal Policy?
econcepts - circular flow of income
What is a 2 sector and a 5 sector model? What are the different economic agents and how do they interact?
econcepts - Balance of payments
What’s Balance of Payments and why are countries so obsessed with BOP surpluses vs BOP deficits?
ECONCEPTS - Exchange rates
What are the different types of exchange rates systems in the world? What causes exchange rates to fluctuate?
Visit our Youtube channel for more ECONcepts videos!
5 Minutes Economics
In this Youtube series, Mr Toh analyses and breaks down real-world events with Economic theory in 5 minutes or less! Learn how Economics can be applicable to the real world and learn about useful case studies you can apply to your A Level Examinations!
5 minutes economics - the singapore marathon 2019
How did traffic come to a 3 hour standstill in Singapore due to a marathon? What has that got to do with the decision-making framework?
5 Minutes economics - what are unicorns?
Netflix, Uber & Wework are all loss-making unicorns. What do unicorns lose billions annually and are yet valued so highly?
5 minutes economics - covid19 & the economics behind it
Why hoarding up on masks is due to imperfect information? Externalities and virus spreading.
5 minutes economics - the singapore budget 2020
Our take on the Singapore Budget, as we do each year.
5 Minutes Economics - the return of measles
Huh? We’ve had a vaccine for measles for decades and hundreds of thousands died from Measles last year?
5 Minutes economics - prudent fiscal policy
Why does Singapore have a prudent fiscal policy? What is the use of financial reserves?
5 minute economics - minimum wages
Should we consider policy tools other than Minimum Wage?
5 minute economics - uk, us & sg healthcare
What are the pros and cons of the different healthcare systems in the UK, the US and Singapore?