Silvapages

 

Unit 8

Economics

  1. Economic Principles
    1. Guideposts of Economic Thinking
    2. Rationing
    3. Opportunity Cost
    4. Trade offs
    5. Production Possibilities Curve
    6. Human Capital
  2. Economic Pulse
    1. GDP growth rate
    2. Unemployment rate
    3. Inflation rate
    4. Interest rate
    5. Historical patterns and events
  3. Supply and Demand
    1. Law of Supply
    2. Change in Supply
    3. Law of Demand
    4. Change in Demand
    5. Equilibrium and price change
  4. Macroeconomic Schools
    1. Classical
    2. Keynesian
    3. Austrian
    4. Monetarist
    5. Supply-side
  5. International Trade
    1. Law of Comparative Advantage
    2. Protectionism v Free Trade