Financial Management Question: Week Four

 

Anthony is planning to buy a new car. He currently spends all his salary every month.  What factors should he consider before taking up a loan?

 

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Economics Question: Week Four

 

Discuss the advantages and disadvantages of a carbon trading scheme over taxation with regards to controlling aviation pollution.

 

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Financial Management Question: Week Three

 

John wants to start investing to grow his money. What are the critical questions that he should ask before investing?

 

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Economics Question: Week Three

 

During the 2011 Singapore Elections, the Reform Party proposes replacing the current workfare scheme with minimum wage laws. What are the potential benefits and problems this policy change will bring?

 

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Financial Management Question: Week Two

 

What is Supplementary Retirement Scheme? What are its benefits?

 

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Economics Question: Week Two

 

According to former Minister Mentor Lee Kuan Yew, “Solution to rising costs is to grow economy” (The Straits Times, 1 May 2011) Do you agree with this statement?

 

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Financial Management Question: Week One

 

What is a consumer credit bureau?  Why is it important to have a good credit record? How can you maintain a good credit report?

 

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Economics Question: Week One

 

What are the advantages of the current Electronic Road Pricing (ERP) system over the Area Licensing Scheme (ALS) in the 1970s-1990s?

Do we need both the ERP system and the Vehicle Quota System (VQS) to manage congestion? Wouldn’t one system be sufficient?

 

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General Rules and Instructions

General Rules

Deadline: 5pm 30th June

Winner will be invited to finals day (6th Aug) for blog post and prize presentation. This round contributes 50% of the preliminary round.

Marks allocation

Content: 50%
Creativity: 40%
Delivery: 10%

How to Answer?

You will need to answer a total of TWO question- one for Economics and one for Finance Management. The word limit is 500 words EACH.

Each Monday, there will be one Economics and one Finance Management question posted on the blog at 8am. Post your answer as a comment under the appropriate post. You do not have to answer your questions from the same week (i.e you may answer the Economics question from Week 1 and Finance Management question from Week 3) You do not need to post your two comments at the same time. All comments will be screened and will only be revealed after 5pm on June 30th.

We also received several concerns about the possibility of plagiarism in the blog posting round. As some of you may know, WordPress allows us to stop comments from being published until they are approved by the blog owner. As such, the responses to the questions, which you will be posting as comments, will not be approved until the end of the blog round. However, there some limitations to the system, which means that contrary to our replies during the briefing, you will NOT be able to edit the comments after posting. Thus, in the case of multiple responses (to either the same question or to a different one) by a team, we will only consider the latest entry. As such, there is no limit to the number of responses a team can have to the blog questions, but only the final entry for each category will be considered.

Signing Up

Before posting, please sign up for a wordpress account using your team name. Only comments posted using the account qualify. Also, to make it easier for us to confirm, please leave your school name and the names of all 3 team members at the end of the comment. Refer to the example shown in the comment to this post.