1. Introductory Concepts - Economics as a social science, economic problems, production possibility frontiers, specialization, types of economy 2. Market Mechanisms and Government Intervention - Demand and supply elasticity, price determination, government intervention, market failure, externalities 3. Macroeconomic Indicators - Economic growth and GDP, inflation and unemployment, balance of payments, employment trends 4. Aggregate Economy - Aggregate demand and supply characteristics, consumption, investment, government expenditure, national income 5. Economic Growth and Policies - Causes of economic growth, output gaps, costs and benefits of growth, macroeconomic policies 6. Macroeconomic Objectives and Trade-offs - Objectives of macroeconomic policies, conflicts between objectives, supply-side and demand-side policies