Graphic Organizers

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Graphic Organizers

Introduction to Economics

1.1 What is an Economics?

1.2 How do Economics approach the world?

Microeconomics

2.1 Demand

2.2 Supply

2.3 Competitive market equilibrium

2.5 Elasticities of demand

2.6 Elasticity of supply

2.7 Role of government in microeconomics

2.8 Market failure-externalities and common access resources

2.9 Market failure-public goods

2.10 Market failure-asymmetric information

2.11 Market failure-market power

2.12 Market inability to achieve equity

Macroeconomics

3.1 Measuring economics activity

3.2 Variations in economic activity

3.3 Macroeconomic objectives

3.4 Economics od inequality and poverty

3.5 Demand management- monetary policies

3.6 Demand management-fiscal policies

3.7 Supply-side policies

The Global Economy

4.1 Benefits of international trade

4.2 Types of trade protection

4.3 Evaluation of trade control/protection

4.4 Economic integration

4.5 Exchange rate

4.6 Balance of payment

4.7 Sustainable development

4.8 Measuring development

4.9 Barriers to Economic growth/development

4.10 Economic growth and development strategies

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