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Fundamentals of Economics Course Outline


Fundamentals of Economics Course Outline

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Introduction to Economics

This course is an introduction to economics and covers topics such as relative scarcity, efficiency and welfare, cost of choices, and economic systems.

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Economic activity

This course covers topics in economic activity such as private consumption expenditure and private investment expenditure, disposable income, interest rates, consumer sentiment and confidence, and business sentiment and confidence.

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Economic growth

This course covers topics associated with economic growth such as measurement of economic growth, sources of economic growth, and factors contributing to economic growth.

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Economics and employment

This course covers topics related to economics and employment such as the causes, types and effects of unemployment.

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The competitive market system

This course covers topics in economics such as the demand curve, the supply chain, and market equilibrium.

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Types of inflation

This course covers topics related to inflation such as demand inflation, cost inflation, and price stability.

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Wealth and income distribution

This course covers topics in economics such as the Lorenz curve, the Gini coefficient, the poverty line, and distribution of income and wealth.

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