Description
Table of Contents
Part 1: Microeconomics
1:What is economics?
2:The production possibility frontier (PPF)
3:Demand
4:Behavioural economics
5:The elasticity of demand
6:Supply
7:Market equilibrium
8:The free market system
9:Intervening in the market system
10:Costs: Short run and long run
11:Revenues, costs, and profits
12:Perfect competition
13:Monopoly
14:Oligopoly
15:Monopolistic competition and non-price competition
16:The labour market
Part 2: Macroeconomics
17:Introduction to macroeconomics
18:Equilibrium in the economy
19:National income and the standard of living
20:Demand side and supply side policies
21:Influences on aggregate demand: Consumption
22:Influences on aggregate demand: Investment
23:Influences on aggregate demand: Government revenues and taxation
24:Influences on aggregate demand: International trade, globalization, and exchange rates
25:Government objectives: Economic growth and the economic cycle
26:Unemployment
27:Money
28:Government objectives: Managing inflation
29:Government objectives: Achieving a favourable trade position
30:Government policies to achieve objectives
