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Economics

Class / Topics / Work

The nature of economics


Economics as a social science
Positive and normative economic statements
The economic problem
Specialisation and the diviison of labour
Free market economies
Mixed economy and command economy
How markets works
Rational decision making
Demand
Price, Gross, Income elasticity of demand
Supply
The price mechanism
Indirect taxes and subsidies
Alternative view of consumer beahviour
Market failure
Types of market failure
Externalities
Non-provison of public goods
Information gaps
Government Intervention
Government Intervention in markets
Governement failure
Measures of economic performance
Economic growth
Inflation
Employment and unemployment
Balance of payments
Aggregate demand and supply
Characteristics of agregate demand and supply
Consumption
Investment
Government expenditure
Net trade
National income
National income, output and expenditures
Injections and withdrawals
Equilibrium levels of real national output
The multiplier
Economic growth
Causes of growth
Factors that could cause economic growth
Output gaps
Trade (business) cycle
The impact of economic growth
Macroeconomics objectives and policies
Possible macroeconomics objectives
Demand-side policies
Supply-side policies
Business behaviour and the labour market
Size nad types of firms
Business growth
Demargers
Profit, Revenue, Sales maximisation
Satisficing
Revenue
Costs in the long and short run
Profit
The demand of labour
The supply of labour
Wage determination
Types of government intervation
The impact of governmnet intervation
Market Structures
Efficiency
Perfect competition
Monopolistic competition
Oligopoly
Monopoly
Monopsony
Contestability
International economics
Globalisation
Patterns of trade
Terms of trade
Trading blocs and the world trade organization
Restrictions on free trade
The balance of payments
Exchange rates
Interantional competitiveness
Poverty
Inequality
Emerging and developing economies
Measures of development
Factor influencing growth and development
Strategies influencing growth and development
The financial sector
Financial markets
The role of financial markets
Market failure in the financial sector
The role of central banks
The role of the state in the macroeconomy
Public finance
Pulic expenditures
Taxation
Public sector finances
Macroeconomic policies in a global context
Creativity and economic dynamics modeling
The General Theory of Disequilibrium Economics and of
Economic Evolution
The Balanced Path of Economic Development: A Fable
for Growth Merchants
Technological Vintages and Substitution Processes
Log-Linear Relative Dynamics: Unification of Theories 166
The Schumpeter Clock
Complex Dynamics in Continuous Models of the Business Cycle
A Multisector Model of the Trade Cycle
Continuous Models of Spatial Dynamics
The Onset of Turbulence in Discrete Relative Multiple
Spatial Dynamics
Column2
SubTopic
Business Cycle
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