STPM Economics — frequently asked questions
What topics are in STPM Economics?
STPM Economics covers: Term 1 — microeconomics (demand, supply, elasticity, market structures, market failure); Term 2 — macroeconomics (national income, money and banking, inflation, unemployment, monetary and fiscal policy, international trade); Term 3 — Malaysian economic development, policies and global issues.
How should I approach STPM Economics essays?
STPM Economics essays are marked for: defining key terms precisely, applying relevant theory with correct diagrams (fully labelled), using Malaysian examples where relevant, and providing balanced evaluation. A common weakness is describing theory without evaluating its limitations or application to Malaysia.
Is STPM Economics accepted for university Economics degrees?
Yes — STPM Economics is accepted by Malaysian public universities for Economics, Business and related degrees. It is also accepted by many UK, Australian and Singaporean universities that accept STPM as a qualification.