Economics

TOPICS OF PRINCIPLES AND APPLICATIONS OF ECONOMICS

1. INTRODUCTION

1. The Principles of Economics

2. Economists Thoughts

3. Interdependence And The Gains From Trade

2. OPERATIONS OF MARKETS AND WELFARE

1. The Market Forces of Supply and Demand

2. Elasticity And Its Application

3. Supply and Demand Policies and Price Controls

4. Government Policies and Price Controls

5. Consumers, Manufacturers and Efficiencies of Markets

6. Application: The Costs of Taxation

7. Application: International Trade

3. THE ECONOMICS OF THE PUBLIC SECTOR

1. Private Solutions to Externalities

2. Public Solutions to Externalities

3. Kinds of Goods

4. Importance of Property Rights

5. The Design of Tax System

6. Distribution of Tax Burden

4. FIRM BEHAVIOUR AND THE ORGANISATION OF INDUSTRY

1. The Costs of Manufacturing

2. Firms in competitive Markets

3. Supply Curve in a Competitive Market

4. Pricing and Manufacturing Decisions under Monopoly

5. The Welfare Cost and Public Policy towards Monopoly

6. Monopoly and Perfect Competition

7. Public Policy towards Oligopoly

8. Monopolistic Competition

5. THE ECONOMICS OF LABOUR MARKETS AND THE DATA OF MACRO ECONOMICS

1. Productivity and Wages

2. The Other Aspects of Production – Economics of the Black Death

3. Earnings Economics

4. Economics of Discrimination

5. Income Inequality and Poverty

6. Preferences and Optimisation of Consumer Choice

7. Applications of Consumers Choice

8. Corporate Management

9. Political Economy

10. Measurement of Nationwide Income and Expenditure

11. Real Versus Nominal GDP

12. GDP a Measure of Economic Well-being

13. Measurement of Cost of Living

6. REAL ECONOMY AND MONEY AND PRICES IN THE LONG RUN

1. Economic Growth and Productivity

2. Public Policy and Economic Development

3. Financial Institutions in Developed Nations

4. The Market for Loanable Funds

5. The Basic Tools of Finance

6. Identifying Redundancy

7. The Theory of Efficiency Wages

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