UNIT 1: BASIC ECONOMIC PROBLEM
1.1: Factors of production
1.2: Opportunity cost
1.3: The nature of the economic problem
1.4: Production possibility curve
UNIT 2: DEMAND SUPPLY AND EQUILIBRIUM
2.1: Demand
2.2: Market equilibrium & price changes
UNIT 3: ELASTICITY
3.1: Meaning and determinants price elasticity of demand (PED)
3.2: Significance price elasticity of demand (PED) for producers
3.3: Significance price elasticity of demand (PED) for government
3.4: Meaning and determinants of price elasticity of supply (PES)
3.5 Significance of price elasticity of supply (PES)
UNIT 4: ECONOMIC SYSTEMS
4.1: Private and public sector
4.2: Types of economic systems
4.3: Privatisation
UNIT 5: MARKET FAILURE
5.1: Definitions of market failure
5.2: Causes of market failure
5.3: Government intervention to address market failure
5.4: Government policies and their limitations
UNIT 6: MONEY AND BANKING
6.1: Functions of money
6.2: Function of central bank
6.3: Function of commercial bank
UNIT 7: HOUSEHOLDS
7.1: Motives to spend or save
7.2: Spending patterns
7.3: Economics systems & allocation of resources
UNIT 8: WORKERS
8.1: Factors affecting choice of occupation
8.2: Wage determination
8.3: Differences in earnings
8.4: Division of labour and specialization
8.5: Trade unions
8.6: Types of payments
8.7: Changes in earning in lifetime
UNIT 9: FIRMS
9.1: Classification of firms
9.2: Small firms
9.3: Causes and forms of growth of firms
9.4: Economies & diseconomies of scale
UNIT 10: FIRMS AND PRODUCTION
10.1: Primary, secondary & tertiary sectors
10.2: Labour intensive vs capital intensive method
10.3: Productivity
UNIT 11: FIRM’S COSTS, REVENUE AND OBJECTIVES
11.1: Definitions and calculations of costs of production
11.2: Objectives of firms
11.3: Govt microeconomic intervention
UNIT 12: MARKET STRUCTURES
12.1: Market structures
12.2: Are monopolies are always bad for consumers?
12.3: Money & banking
UNIT 13: MACROECONOMIC AIMS OF GOVERNMENT
13.1: Macroeconomic concepts
13.2: THE MACROECONOMIC AIMS OF GOVERNMENT
13.3: Conflicts of macroeconomic aims
13.4: Most important macroeconomic aims
UNIT 14: MACROECONOMIC POLICIES
14.1: Government budget and fiscal policy
14.2: Reasons for government spending
14.3: Reasons for taxation
14.4: Classification of taxes – direct and indirect
14.5: Classification of taxes – progressive, regressive and proportional
14.6: Principals of taxation
14.7: Impact of taxation
14.8: Monetary policy
14.9: Supply-side policies
UNIT 15: ECONOMIC GROWTH
15.1: Meaning and measurement of economic growth
15.2: Causes of economic growth
15.3: Consequences of economic growth
15.4: Policies to promote economic growth
15.5: Conservation of resources
UNIT 16: EMPLOYMENT & UNEMPLOYMENT
16.1: Meaning of employment, unemployment and full employment
16.2: Causes/types of unemployment
16.3: Consequences of unemployment
16.4: Policies to reduce unemployment
UNIT 17: INFLATION AND DEFLATION
17.1: Meaning of inflation and deflation
17.2: Measurement of inflation and deflation
17.3: Causes of inflation and deflation
17.4: Consequences of inflation and deflation
17.5: Policies to control inflation and deflation
17.6: Actual value vs percentage value
UNIT 18: ECONOMIC DEVELOPMENT
18.1: Indicators of living standards
18.2: Absolute vs relative poverty
18.3: THE CAUSES OF POVERTY
18.4: Policies to alleviate poverty and redistribute income
18.5: THE FACTORS THAT AFFECT POPULATION GROWTH
18.6: Ageing population
18.7: THE EFFECTS OF CHANGES IN THE SIZE AND STRUCTURE OF POPULATION
18.8: Differences in economic development between countries
UNIT 19: INTERNATIONAL TRADE AND GLOBALIZATION
19.1: Specialisation at a national level
19.2: Role of multinational companies (mncs)
19.3: Benefits of free trade
19.4: Methods of protection
19.5: Reasons for and consequences of protection
UNIT 20: FOREIGN EXCHANGE RATES
20.1: Definition of foreign exchange rate
20.2: Determination of foreign exchange rate in foreign exchange market
20.3: Causes of foreign exchange rate fluctuations
20.4: Consequences of foreign exchange rate fluctuations
20.5: Floating and fixed foreign exchange rates
UNIT 21: CURRENT ACCOUNT OF BALANCE OF PAYMENTS
21.1: Structure
21.2: Causes of current account deficit and surplus
21.3: Consequences of current account deficit and surplus
21.4: Policies to achieve balance of payments stability
UNIT 22: OTHERS
SECTION A
M/J 25/P22/Q1 THE FUTURE OF THE ECONOMY OF ST. KITTS AND NEVIS
M/J 25/P21/Q1 GABON’S INDUSTRIES AND LABOUR FORCE
M/J 25/P23/Q1 THE EGYPTIAN ECONOMY
MAR 25/P22/Q1 POPULATION, HOUSEHOLD SPENDING AND POVERTY IN ROMANIA
O/N 24/P22/Q1 CHANGES IN JORDAN’s ECONOMY AND POPULATION
O/N 24/P23/Q1 THE BELARUS ECONOMY
M/J 24/P22/Q1 THE CHALLANGES FACING THE TUNISIAN GOVERNMENT
M/J 24/P21/Q1 WHAT DOES THE FUTURE HOLD FOR NICARAGUA?
MAR 24/P22/Q1 CHANGES IN THE DANISH ECONOMY
O/N 23/P22/Q1 WILL HONDURAS BECOME A MORE SUCCESSFUL ECONOMY
O/N 23/P22/Q1 CHANGES IN THE ECONOMY OF MONTENEGRO
M/J 23/P22/Q1 HOW WILL OIL CHANGE GUYANA?
M/J 23/P21Q1 IS THERE A FUTURE FOR AUSTRALAIN COAL?
O/N 22/P22/Q1 BANK MERGERS
O/N 22/P23/Q1 CHANGES IN ECUADOR’S ECONOMY
M/J 22/P22/Q1 HAPPINESS
M/J 22/P21/Q1 CYPRUS
O/N 21/P22/Q1 India’s airline industry
O/N 21/P23/Q1 Changing eating Habits
M/J 21/P21/Q1 CHANGES IN THE NIGERIAN ECONOMY
O/N 20/P22/Q1 THE DESTRUCTION OF FORESTS IN INDONESIA
O/N 20/P23/Q1 TRAFFIC JAMS IN THE PHILIPPINES
M/J 20/P22/Q1 THE CHALLENGES FACING PAKISTAN
M/J 20/P21/Q1 VIETNAM’S GROWING POPULATION AND ECONOMY
O/N 19/P22/Q1 DRIVERLESS CARS AND ADVANCES IN TECHNOLOGY
O/N 19/P23/Q1 A NEW CAPITAL FOR ZAMBIA?
M/J 19/P22/Q1 PREMIUM FRIDAY
M/J 19/P21/Q1 UNIVERSAL BASIC INCOME (UBI)
O/N 18/P22/Q1 RUBBER PRODUCTION IN LIBERIA
O/N 18/P23/Q1 NIGERIA ADOPTS A FLOATING EXCHANGE RATE
M/J 18/P22/Q1 CRISIS IN THE ICE CREAM MARKET
M/J 18/P21/Q1 BANKING AND UNEMPLOYMENT IN MOROCCO
O/N 17/P02/Q1 FROM INFLATION TO DEFLATION
M/J 17/P02/Q1 Mining diamonds in Botswana
O/N 16/P02/Q1 The mints
M/J 16/P02/Q1 Crisis in the chocolate market
O/N 15/P02/Q1 Mexico: rising to the top?
M/J 15/P02/Q1 Peru And Panama
O/N 14/P02/Q1 Fiscal Policy And An Ageing Population In Japan
M/J 14/P02/Q1 The Challenges Facing Angola
O/N 13/P02/Q1 Prices Rise Faster Than Wages In The United Kingdom (Uk)
M/J 13/P02/Q1 The Communications Monopoly In Mexico
O/N 12/P02/Q1 A New City Is To Be Built In Ghana
M/J 12/P02/Q1 China Decides To Move Towards A More Flexible Exchange Rate
O/N 11 /P02/Q1 The Struggles Of The Ivory Coast’s Cocoa Farmers
M/J 11/P02/Q1 The Dhaka Stock Exchange Is Doing Well
