1. Basic Economic Concepts: Scarcity, choice, opportunity cost, economic methodology, factors of production, resource allocation, production possibility curves, classification of goods and services 2. Microeconomics and Market Dynamics: Demand and supply curves, price elasticity, income elasticity, supply elasticity, market interaction, consumer and producer surplus, utility, efficiency, market failure, private costs and benefits, market structures, firm growth and objectives 3. Macroeconomics and Policy Intervention: National income statistics, circular flow of income, aggregate demand and supply, economic growth, unemployment, price stability, government macroeconomic policy, fiscal policy, monetary policy, supply-side policy 4. Government and Market Regulation: Reasons for market intervention, policy methods, income and wealth inequality, resource allocation, equity and redistribution, labor market forces 5. International Economics: Trade reasons, protectionism, balance of payments, exchange rates, economic development, globalisation, international relationships 6. Economic Stability and Sustainability: Policies for balance of payments, economic sustainability, employment strategies, money and banking, policy effectiveness in macroeconomic objectives