Microeconomics
Scarcity as the Central Economic Problem
Rational Decision Making Process
Objective of economic agents |Rational Decision Making Framework
Price Mechanism and its Applications
Price Mechanism and its Functions|Demand and Supply Analysis|PED and PES|YED and XED|Application of Elasticities|Market Equilibrium and Disequilibrium|Government Intervention in Markets
Firms and Decisions
Objective of Firms|Cost and Revenue Concepts in the Short Run and Long Run|Economies of Scale|Market Structure|Barriers to Entry|Shut Down Condition|Firms’ Decisions and Strategies|Competition or Collusion|Efficiencies|
Market Failure
Public Goods|Merit and Demerit Goods|Externalities|Imperfect information|Asymetric Information|Occupational and Geographical immobility|Equity
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Macroeconomics
Introduction to macroeconomics
Circular Flow of Income | Aggregate Demand and Supply | Multiplier Effect
Macroeconomics objectives and policies
Standard of living and its macroeconomic indicators|Economic Growth | Unemployment | Inflation and Deflation| Balance of Payments | Fiscal Policy | Exchange Rate Policy| Monetary Policy | Supply‐Side Policy|Theory of Comparative Advantage
Globalisation and international economy
Globalisation|Free Trade and Specialisation|Protectionism|Economic Co-operation
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Micro & Macro Express
Seeking a resource that cuts through the noise and provides you with the information you need to ace your A‐ Level Economics syllabus? Look no further! Our Microeconomic Express and Macroeconomic Express guidebooks are designed exactly for that purpose.
These guidebooks are the epitome of concise yet informative. They distil complex concepts into manageable and understandable sections. Our students always carry this around for their revision in school.
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