2025 Outstanding Economics Teacher Award

For many students, Economics can feel like a subject filled with abstract theory and complex graphs. But for Mr. Melvin Lim, the goal has always been clear: to make the subject real, relatable, and relevant.

Winner of the 2025 Outstanding Economics Teacher Award, he draws inspiration from helping students see how Economics plays out in everyday life. Whether it’s why Taylor Swift concert tickets sell out in seconds or why prices spike on resale platforms, Mr. Lim uses familiar examples to bring classroom concepts to life.

“What inspires me most is seeing students connect theory to the world around them.”

A standout moment in the classroom involved a lesson on firm strategies. A video showing two cafés locked in a price war sparked laughter, but more importantly, sparked questions. One student asked, “Is competing on price the only way?” That led to a deeper conversation about branding, customer loyalty, and real-world business decisions.

“It’s in these moments of curiosity and connection that real learning happens.”

To students pursuing Economics, Mr. Lim offers this advice:

“Every market finds its equilibrium. The graphs might look daunting, but once you connect the dots, everything shifts into place. Keep learning, keep questioning, and you’ll find your marginal benefit far outweighs your marginal cost.”

Beyond results, Mr. Lim focuses on nurturing critical thinkers who see the value of Economics not just as a subject, but as a way of understanding the world.