1. Consumer Theory & Utility | Marginal Utility, Indifference Curves, and Costs of Economic Choices – Identifying zero marginal utility, characteristics of indifference curves, and opportunity costs in economic decisions.

2. Production & Costs | Long-Run Cost Curves, Economies of Scale, and Firm Integration – Understanding cost minimization, internal and external economies of scale, and the impact of horizontal mergers.

3. Market Structures & Firm Behavior | Profit Maximization vs. Alternative Objectives – Analyzing firms’ goals, pricing strategies, and effects of changes in cost structures on revenue and output.

4. Labour Economics & Unemployment | Wage Determination, Labour Productivity, and Market Imbalances – Assessing factors influencing wage growth, employment levels, and government interventions in labour markets.

5. Macroeconomic Policies & Trade Balances | Inflation, Interest Rates, and Balance of Payments – Evaluating the relationship between monetary policy, exchange rates, and strategies to correct trade deficits.

6. Economic Development & Globalization | Foreign Aid, HDI, and Living Standards – Understanding the role of foreign aid, development indicators, and the impact of globalization on economic growth and inequality.