HKDSE Economics case studies
HKDSE Economics · Put your knowledge to work in context.
The Hong Kong Diploma of Secondary Education (HKDSE) is the public examination taken by senior secondary students in Hong Kong. Economics is one of the Category A Senior Secondary elective subjects listed by the Hong Kong Examinations and Assessment Authority, alongside subjects such as Business, Accounting and Financial Studies, Geography and History. The HKDSE Economics case studies are 5 cases and about 3,411 words.
1Bottled Water Price Ceiling after a Typhoon
After a typhoon damages two reservoirs, a district council imposes a temporary maximum price of HK 8 per 500 ml bottled water. Before the intervention, the market price was HK 5 and 20,000 bottles were sold daily.
690 words, about 3 min2Factory Discharge and Oyster Farmers
A factory in an estuary produces industrial starch and discharges untreated wastewater into a river. Its annual private profit is HK 2.4 million.
696 words, about 3 min3Toll Tunnel Franchise and Congestion
A private consortium has built a toll tunnel linking a new town to the airport. It is the only direct route, and demand is given by a straight-line schedule: at HK 25 per trip, 20 million trips per year; at HK 20, 30 million; at HK 15, 40 million; at HK 10, 50 million.
686 words, about 3 min4GDP Growth with Mismatch Unemployment
A Special Administrative Region reports nominal GDP growth of 6.5% in a year, while the GDP deflator rises by 4.0%. The working-age population is unchanged, but the labour force participation rate rises from 61.0% to 62.5% as students and retirees re-enter the job market.
679 words, about 3 min5Fiscal Stimulus under a Linked Exchange Rate
A small open economy with a linked exchange rate is operating 2% below potential output. The government proposes HK$12 billion of new spending on drainage works.
660 words, about 3 min