UNIVERSITY OF MALTA THE MATRICULATION CERTIFICATE EXAMINATION INTERMEDIATE LEVEL ECONOMICS May 2011 EXAMINERS’ REPORT MATRICULATION AND SECONDARY EDUCATION CERTIFICATE EXAMINATIONS BOARD Statistics Table 1: MATSEC Intermediate Level Economics, May 2011 Distribution of Grades Grades No. of candidates Total % A 2 3.4 B 6 10.2 C 11 18.6 D 14 23.7 E 4 6.8 F 17 28.8 Absent 5 8.5 TOTAL 59 100 Synopsis The Economics Intermediate paper touched all aspects of the syllabus, with a slightly higher emphasis on the price mechanism and government intervention. There was also a very good balance between questions that touched upon the knowledge and understanding of economic principles and questions that focussed on the practical application of those principles. It is in this latter regard that is the practical application of economic principles, which candidates have performed below the usual standards. There were numerous instances where candidates used graphs and examples that did not reflect the explanation provided in the answer. This has made these candidates lose several marks. It was noted that once more that a number of candidates performed well in certain topics and not in others. It is important to highlight that the structure of the paper is such that all topics in the syllabus are adequately covered, and as such candidates cannot leave out any part of the syllabus in their preparation for the exam. Focusing on specific questions, it is important to note that in general candidates found difficulty with the questions related to migration, cross elasticity of demand, externalities, the relationship between gross national income and standard of living and the relationship between inflation and unemployment. These are all areas where an understanding of the practical application of theoretical concepts is required. The average mark obtained was 42%, compared to 52% in both 2010 and 2009. It is also worth noting that the number of candidates fell considerably compared to recent years. There were 54 candidates who sat for the exam in 2011 compared to 80 in 2010 and 2009. 44% of candidates obtained a mark higher than the average, 4% obtained the average mark and 52% obtained a mark below the average. In conclusion, the examiners re-iterate a point that has been mentioned every year for a number of years. A number of candidates have lost marks because of their inability to express themselves coherently and correctly in the English language. Chairperson Examiners’ Panel 2011