Economics


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Topic Id Topic Name Short Description
125 CHAPTER 12 - INTRODUCTION TO THE STUDY OF ECONOMICS

An introduction to the meaning of Economics. 

124 CHAPTER 13 - CENTRAL PROBLEMS OF AN ECONOMY

Explanation of the causes of economic problems.

123 CHAPTER 14 CONSUMER EQUILIBRIUM

Explanation to the meaning of consumer's equilibrium.

122 CHAPTER 15 DEMAND Explanation to the meaning of Demand.
121 CHAPTER 16 - PRICE ELASTICITY & DEMAND

Explanation of the meaning of Elasticity of Demand.

120 CHAPTER 17 - PRODUCTION FUNCTION

Explanation of the meaning of Production.

119 CHAPTER 18 - COST OF PRODUCTION

Explanation of the Cost of Production.

118 CHAPTER 19 - SUPPLY

Definition of Supply 

117 CHAPTER 20 - PRICE ELASTICITY OF SUPPLY

Explanation of Price Elasticity of Supply.

116 CHAPTER 21 - FORMS OF MARKET

Explanation of the concept of market.

115 CHAPTER 22 - PRICE DETERMINATION UNDER PERFECT COMPETITION

Explanation of the meaning of the equilibrium price.

114 CHAPTER 23 - REVENUE AND PROFIT MAXIMIZATION OF A COMPETITIVE FIRM

An introduction to the concept of total revenue (TR); average revenue (AV); and marginal revenue (MR)

113 CHAPTER 24 - NATIONAL INCOME and RELATED AGGREGATES An introduction to the basic economic activities and the circular flow of income. 
112 CHAPTER 25 - NATIONAL INCOME and ITS MEASUREMENTS

Definition of National Income.

111 CHAPTER 26 - CONSUMPTION, SAVING and INVESTMENT

Definition of Consumption Function and Saving Function.

110 CHAPTER 28 - M0NEY AND BANKING

An introduction to know the meaning and limitations of Barter System.

109 CHAPTER 29 - GOVERNMENT AND THE BUDGET

An introduction to the meaning and structure of government budget.