Strong Areas/Key Highlights
- Mathematical approach to Economics with worked examples/ illustrations and assignments.
- Utility maximization and cost minimization illustrations and assignments
- Demonetization of the currency together with case studies.
- Capping of interest rates. Pros and cons
- COVID-19; impact on the world economy
- Debt Crisis/ management in developing countries.
- Foreign Direct investments (FDI) in developing economies.
TABLE OF CONTENTS
TOPIC 1
INTRODUCTION TO ECONOMICS.
1.1 DEFINITION OF ECONOMICS.
TOPIC 2
DEMAND, SUPPLY AND DETERMINATION OF EQUILIBRIUM.
2.1 DEMAND ANALYSIS.
2.2: SUPPLY ANALYSIS.
2.3: DETERMINATION OF MARKET PRICE.
TOPIC 3
THEORY OF CONSUMER BEHAVIOUR.
TOPIC 4
THEORY OF THE FIRM.
4.1: THEORY OF PRODUCTION.
4.2: THEORY OF COSTS.
TOPIC 5:
MARKET STRUCTURES.
TOPIC 6:
NATIONAL INCOME.
TOPIC 7:
MONEY AND BANKING.
7.1: MONEY.
7.2: CAPPING OF INTEREST RATES.
7.3: THE BANKING SYSTEM.
7.4 DEMONETIZATION OF THE CURRENCY.
7.4 IS-LM MODEL.
TOPIC 8:
PUBLIC FINANCE.
TOPIC 9:
INFLATION AND UNEMPLOYMENT.
9.1: INFLATION.
9.2: UNEMPLOYMENT.
TOPIC10:
LABOUR ECONOMICS.
TOPIC 11:
ECONOMIC GROWTH, DEVELOPMENT AND ECONOMIC PLANNING.
11.1 ECONOMIC GROWTH.
11.2 ECONOMIC DEVELOPMENT.
11.3 ECONOMIC PLANNING / DEVELOPMENT PLANNING.
11.4 ECONOMICS AND INVESTMENTS DECISIONS.
11.5 COVID – 19 PANDEMIC.
TOPIC 12:
AGRICULTURE AND INDUSTRY.
12.1: AGRICULTURE.
12.2: INDUSTRY.
TOPIC 13:
INTERNATIONAL TRADE AND FINANCE.
13.1 THEORIES OF INTERNATIONAL TRADE.
13.2 BALANCE OF PAYMENT (B.O.P.)
13.3 EXCHANGE RATE.
13.4 THE MUNDEL-FLEMING MODEL.
13.6 ECONOMIC INTEGRATION.
13.7 FOREIGN DIRECT INVESTMENT(FDI)
TOPIC 14:
ECONOMICS OF REGULATION.
GLOSSARY.
INDEX.