Personal Finance and Economic Systems · Personal Finance

Comparative Economic Systems

Contrasting market, planned, and mixed economies in their approach to the fundamental economic questions.

Key Questions

  1. 1How do different systems prioritize equity versus efficiency?
  2. 2Who decides what to produce in a command economy compared to a market economy?
  3. 3What are the inherent risks of a purely market-driven healthcare system?

MOE Syllabus Outcomes

MOE: Economic Systems - JC1
Level: JC 2
Subject: Economics
Unit: Personal Finance and Economic Systems
Period: Personal Finance

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Personal Finance and Economic Systems

Decision Making and Financial Planning

Using concepts of opportunity cost and risk to manage personal wealth and consumption.

2 methodologies

The Singapore Economy

A deep dive into the unique challenges and strategies of a small, open, and resource-constrained city-state.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU