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Table Of Contents

The Economic Problem and Production
INTRODUCTION TO ECONOMICS
A. BASIC ECONOMIC PROBLEMSAND SYSTEMS
B. NATURE OF PRODUCTION
C. PRODUCTION POSSIBILITIES
D. SOMEASSUMPTIONS RELATING TO THE MARKET ECONOMY
Consumption and Demand
A. UTILITY
B. THE DEMAND CURVE
C. UTILITY, PRICEAND CONSUMER SURPLUS
D. INDIVIDUALAND MARKET DEMAND CURVES
Demand and Revenue
A. INFLUENCES ON DEMAND
B. PRICE ELASTICITY OF DEMAND
C. FURTHER DEMAND ELASTICITIES
D. THE CLASSIFICATION OF GOODSAND SERVICES
E. REVENUEAND REVENUE CHANGES
Costs of Production
B. FACTORAND INPUT COSTS
C. ECONOMIC COSTS
D. COSTSAND THE GROWTH OF ORGANISATIONS
E. SMALL FIRMS IN THE MODERN ECONOMY
Costs, Profit and Supply
A. THE NATURE OF PROFIT
B. MAXIMISATION OF PROFIT
C. INFLUENCES ON SUPPLY
D. PRICE ELASTICITY OF SUPPLY
Markets and Prices
A. NATURE OF MARKETS
B. FUNCTIONS OF MARKETS
C. PRICES IN UNREGULATED MARKETS
D. PRICE REGULATION
E. DEFECTS IN MARKETALLOCATION
F. THE CASE FORAPUBLIC SECTOR
H. USING INDIRECT TAXESAND SUBSIDIES TO CORRECT MARKET DEFECTS
Market Structures: Perfect Competition versus Monopoly
A. MEANINGAND IMPORTANCE OF COMPETITION
B. PERFECT COMPETITION
C. MONOPOLY
A. MONOPOLISTIC COMPETITION
B. OLIGOPOLY
The National Economy
A. NATIONAL PRODUCTAND ITS MEASUREMENT
B. NATIONAL PRODUCT
C. NATIONAL EXPENDITURE
D. NATIONAL INCOME
E. EQUALITY OF MEASURES
F. USEAND LIMITATIONS OF NATIONAL INCOME DATA
A. CHANGES IN CONSUMPTION, SAVINGAND INVESTMENT
B. GOVERNMENT SPENDINGAND TAXATION
C. CHANGES IN EQUILIBRIUM, THE MULTIPLIERAND INVESTMENTACCELERATOR
A. NATIONAL INCOME EQUILIBRIUMAND FULL EMPLOYMENT
B. THE BASIC KEYNESIAN VIEW
C. THE DEFLATIONARY GAP
D. THE INFLATIONARY GAP
F. FINANCING FISCAL POLICY: BUDGET DEFICITSAND PUBLIC SECTOR BORROWING
G. THE LIMITATIONS OF FISCAL POLICY
Money and the Financial System
A. MONEY IN THE MODERN ECONOMY
B. THE FINANCIAL SYSTEM
C. THE BANKING SYSTEMAND THE SUPPLY OF MONEY
D. THE CENTRAL BANK
E. INTEREST RATES
Monetary Policy
A. OPTIONS FOR HOLDING WEALTH
B. LIQUIDITY PREFERENCEAND THE DEMAND FOR MONEY
C. IMPLICATIONS OF THE INTEREST SENSITIVITY OF THE DEMAND FOR MONEY
D. CHANGES IN LIQUIDITY PREFERENCE
E. THE QUANTITY THEORY OF MONEYAND THE IMPORTANCE OF MONEY SUPPLY
F. METHODS OF CONTROLLING THE SUPPLY OF MONEY
G. MONETARY POLICYAND THE CONTROL OF INFLATION
Macroeconomic Policy
A. THE MAJOR ECONOMIC PROBLEMS
B. POLICY INSTRUMENTSAVAILABLE TO GOVERNMENTS
C. POLICY CONFLICTSAND PRIORITIES
D. SUPPLY-SIDE POLICIES
The Economics of International Trade
A. GAINS FROM TRADEAND COMPARATIVE COST ADVANTAGE
B. TRADEAND MULTINATIONAL ENTERPRISE
C. FREE TRADEAND PROTECTION
D. METHODS OF PROTECTION
E. INTERNATIONALAGREEMENTS
National Product and International Trade
A. INTERNATIONAL TRADEAND THE BALANCE OF PAYMENTS
B. BALANCE OF PAYMENTS PROBLEMS, SURPLUSES AND DEFICITS
C. BALANCE OF PAYMENTS POLICY
Foreign Exchange
A. INTERNATIONAL MONEY
B. EXCHANGE RATESAND EXCHANGE RATE SYSTEMS
C. EXCHANGE RATE POLICY
D. MACROECONOMIC POLICY IN OPEN ECONOMY
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05 Economic Principles Txt

05 Economic Principles Txt

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Published by Zohaib Mohammed

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Published by: Zohaib Mohammed on Oct 13, 2010
Copyright:Attribution Non-commercial

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