Economics
Unit1
1. Basic economic problem
2. Finite resources
3. Quantity, quality and mobility of factors of production
4. Characteristics of factor of production
5. Opportunity cost definition
6. Opportunity cost for consumer , government and producer
7. Definition of PPC
8. Discuss whether or not PPC curve will shift to right always
9. 3 type of PPC
a. Unemployment-moment along the curve
b. Quantity and quality of resources -shift of the curve/ shift to right and shift to left
c. Price of the good- moment along the curve- opportunity cost // long and short run //
Unit 2
1. What is market , buyer and seller
2. Demand definition
3. Law of demand – contraction and expansion
4. Increase and decrease in demand /shift to right and left-due to other factor than money
5. Show how population affects demand-4 diagram and 2 for explanation
6. Extension and contraction of supply – because of money – moment along the curve
7. Increase in supply and decrease in supply-other than money, shift in curve
8. What are the factors affecting the PED-outlay method and geometric method
9. What are the factors affecting the PES
10. Market economy advantage and disadvantage
11. Competition
12. Analysis the various forms of market failure
13. Advantages and disadvantages of mixed econonmy- tax , maximum, Minimum, subsidy ,
regulations private and public goods
14. Private and public good ad and disad
Unit 3
1. Characteristic of money
2. Function of money
3. Functions of central bank
4. How is central bank controlling price stability
5. Spending pattern of diff age group
6. Workers
7. Factor influencing demand and supply of labour
8. Why wage differtials are there
9. Wage differential due to gender inequality
10. Trade unions
11. Ad and disad for worker,firm and consumers
12. Factor influencing demand of factors of production
13. Labour intensive and capital intensive ad and disad
14. Why small firm remain small
15. Merger ad and disad , all 3 types
16. Obejective sof the firms
17. Difference betwn total fixed cost and total variable cost
18. Perfect competion ad and disad- consumer and workers
19. Monopoly
Unit 4 macro economic aim
1. What is economic growth- formula
real gdp- formula
2. Ad and disad of eco growth
3. Causes of eco growth
4. Unemployment rate formula
5. Disad and ad of unemployment
6. Cyclical ad of un
7. Inflation ad and disad
8. 2 types of inflation
9. Inflation formula
10. Price index formula
11. Supply side policy-8 policies
12. Expansionary monetary policy- low interest ad and disad
13. Money supply ad and disad
14. Fiscal policy
15. Direct taxe and indirect tax ad and disad
16. Government spending ad and disad
17. Real gdp ad and disad
18. Fators of hdi
19. Pricinple of taxes
20. Population pyramid
21. Optimum population
22. Population ad and disad
23. Immigration and emigration
24. Dependency ratio ad and disad
Unit 6
1. What is globalization
2. Globalization ad and disad
3. What is the ad and disad or home and host country
4. Depreciation and appreciation and fixed rate
5. Types of protection policies
6. Current surplus , deffeciate ad nad disad
7. Factor influencing exchange rate
8. Demand of the currency and supply