MATSEC IM Economics case studies
MATSEC IM Economics · Put your knowledge to work in context.
The MATSEC Intermediate Level Economics examination is offered by the MATSEC Examinations Board, the examinations body of L-Università ta' Malta, based at Msida. It is an intermediate-level secondary qualification typically taken alongside other MATSEC Intermediate subjects, and it suits candidates who want a structured grounding in economic reasoning without the depth of the Advanced Level. The MATSEC IM Economics case studies are 5 cases and about 2,318 words.
1Sugar-Sweetened Beverage Tax in a Small Market
A Maltese health ministry is consulting on a €0.40 per litre excise duty on sugar-sweetened beverages. The domestic market currently sells 12 million litres a year at an average retail price of €1.50 per litre.
480 words, about 2 min2Price Cap for a Monopoly Ferry
The only operator of a vehicle ferry between two islands faces demand P = 24 − 0.004Q, where P is euro per car and Q is cars per day. Its total cost is TC = 18,000 + 4Q.
483 words, about 2 min3Fiscal Choice in a Eurozone Economy Near Full Employment
A small eurozone economy has inflation at 4.6%, unemployment at 3.4%, GDP growth at 1.2%, and public debt at 58% of GDP. The government is debating a €300 million package.
453 words, about 2 min4Summer Congestion Charge in a Coastal Town
A coastal town receives 18,000 tourist cars per day in summer. The marginal private cost of a trip is €6.00; the marginal external cost from congestion, pollution and road wear is estimated at €3.50 per trip.
421 words, about 2 min5Exchange-Rate Exposure of an Electronics Exporter
A Maltese electronics firm sells 120,000 units a year to a US distributor at a fixed dollar price of 85 per unit. Variable cost per unit is €48, of which €20 is dollar-denominated imported components.
481 words, about 2 min