Laura Bellini
Classification: Paper 1
Page count: 12
Viewed: 70
Last update: 5 months ago
Crash report
Economics 2281/13 Oct Nov 2024
1. Fundamental Economic Concepts | Scarcity, opportunity cost, factors of production, supply and demand analysis.
2. Market Mechanisms & Elasticity | Price elasticity of demand, equilibrium price, revenue changes due to supply shifts.
3. Macroeconomic Policies & Indicators | GDP, inflation, monetary policy, progressive taxation, economic growth effects.
4. Labour Market & Wages | Minimum wage policies, trade unions′ role, wage determination, employment incentives.
5. International Economics & Trade | Specialization, exchange rates, trade barriers, balance of payments, foreign investment effects.
6. Market Structures & Government Intervention | Competition, market failure, external benefits, government policies to regulate the economy.
2. Market Mechanisms & Elasticity | Price elasticity of demand, equilibrium price, revenue changes due to supply shifts.
3. Macroeconomic Policies & Indicators | GDP, inflation, monetary policy, progressive taxation, economic growth effects.
4. Labour Market & Wages | Minimum wage policies, trade unions′ role, wage determination, employment incentives.
5. International Economics & Trade | Specialization, exchange rates, trade barriers, balance of payments, foreign investment effects.
6. Market Structures & Government Intervention | Competition, market failure, external benefits, government policies to regulate the economy.