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PROBLEMS OF LOWER INCOME COUNTRIES:Poverty trap theories:
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Table of Contents:
INTRODUCTION TO ECONOMICS:Economic Systems
INTRODUCTION TO ECONOMICS (CONTINUED………):Opportunity Cost
DEMAND, SUPPLY AND EQUILIBRIUM:Goods Market and Factors Market
DEMAND, SUPPLY AND EQUILIBRIUM (CONTINUED……..)
DEMAND, SUPPLY AND EQUILIBRIUM (CONTINUED……..):Equilibrium
ELASTICITIES:Price Elasticity of Demand, Point Elasticity, Arc Elasticity
ELASTICITIES (CONTINUED………….):Total revenue and Elasticity
ELASTICITIES (CONTINUED………….):Short Run and Long Run, Incidence of Taxation
BACKGROUND TO DEMAND/CONSUMPTION:CONSUMER BEHAVIOR
BACKGROUND TO DEMAND/CONSUMPTION (CONTINUED…………….)
BACKGROUND TO DEMAND/CONSUMPTION (CONTINUED…………….)The Indifference Curve Approach
BACKGROUND TO DEMAND/CONSUMPTION (CONTINUED…………….):Normal Goods and Giffen Good
BACKGROUND TO SUPPLY/COSTS:PRODUCTIVE THEORY
BACKGROUND TO SUPPLY/COSTS (CONTINUED…………..):The Scale of Production
BACKGROUND TO SUPPLY/COSTS (CONTINUED…………..):Isoquant
BACKGROUND TO SUPPLY/COSTS (CONTINUED…………..):COSTS
BACKGROUND TO SUPPLY/COSTS (CONTINUED…………..):REVENUES
BACKGROUND TO SUPPLY/COSTS (CONTINUED…………..):PROFIT MAXIMISATION
MARKET STRUCTURES:PERFECT COMPETITION, Allocative efficiency
MARKET STRUCTURES (CONTINUED………..):MONOPOLY
MARKET STRUCTURES (CONTINUED………..):PRICE DISCRIMINATION
MARKET STRUCTURES (CONTINUED………..):OLIGOPOLY
SELECTED ISSUES IN MICROECONOMICS:WELFARE ECONOMICS
SELECTED ISSUES IN MICROECONOMICS (CONTINUED……………)
INTRODUCTION TO MACROECONOMICS:Price Level and its Effects:
INTRODUCTION TO MACROECONOMICS (CONTINUED………..)
INTRODUCTION TO MACROECONOMICS (CONTINUED………..):The Monetarist School
THE USE OF MACROECONOMIC DATA, AND THE DEFINITION AND ACCOUNTING OF NATIONAL INCOME
THE USE OF MACROECONOMIC DATA, AND THE DEFINITION AND ACCOUNTING OF NATIONAL INCOME (CONTINUED……………..)
MACROECONOMIC EQUILIBRIUM & VARIABLES; THE DETERMINATION OF EQUILIBRIUM INCOME
MACROECONOMIC EQUILIBRIUM & VARIABLES; THE DETERMINATION OF EQUILIBRIUM INCOME (CONTINUED………..)
MACROECONOMIC EQUILIBRIUM & VARIABLES; THE DETERMINATION OF EQUILIBRIUM INCOME (CONTINUED………..):The Accelerator
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS (CONTINUED…….)
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS (CONTINUED…….):Causes of Inflation
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS (CONTINUED…….):BALANCE OF PAYMENTS
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS (CONTINUED…….):GROWTH
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS (CONTINUED…….):Land
THE FOUR BIG MACROECONOMIC ISSUES AND THEIR INTER-RELATIONSHIPS (CONTINUED…….):Growth-inflation
FISCAL POLICY AND TAXATION:Budget Deficit, Budget Surplus and Balanced Budget
MONEY, CENTRAL BANKING AND MONETARY POLICY
MONEY, CENTRAL BANKING AND MONETARY POLICY (CONTINUED…….)
JOINT EQUILIBRIUM IN THE MONEY AND GOODS MARKETS: THE IS-LM FRAMEWORK
AN INTRODUCTION TO INTERNATIONAL TRADE AND FINANCE
PROBLEMS OF LOWER INCOME COUNTRIES:Poverty trap theories: