Topic 17: Inflation

Content

A) Introduction

v Definition

v Types of Inflation

o Creeping Inflation

o Hyper Inflation

o Suppressed Inflation

v The Retail Price Index (RPI)

B) Causes of Inflation

v Demand Pull Inflation

o   Definition

o   Reasons

v Cost Push Inflation

o   Definition

o   Reasons

C) Economic Effects of Inflation

v Effects on Income Distribution

v Effects on Production

v Effects on Borrowers and Lenders

v Effects on International Trade and Balance of Payments

           

D) Anti-Inflationary Policies

v Monetary Policy

v Fiscal Policy

v Income Policy

v Supply-side Policies

v Direct Control

Topic 17: Inflation - Introduction to Inflation

Topic 17: Inflation - Demand Pull Inflation

Topic 17: Inflation - Cost Push Inflation

Topic 17: Inflation - Economic Effects of Inflation

Topic 17: Inflation - Anti-Inflationary Policies

Topic 20: The Income and Expenditure of the Government

Content

A) Public Expenditure

v Public and Private Spending (meaning, aims and examples)

v Types of Public Expenditure

v Current and Capital Expenditure (Meaning and differences)

v Arguments for Public Expenditure

B) Public Revenue

v Sources of Revenue (tax, non-tax and grants)

v Taxation

o    Meaning

o    Reasons for Taxation

o    Canons of Taxation

o    Types of Taxes

Ø  Direct Taxes (Pros and Cons with examples)

Ø  Indirect Taxes (Pros and Cons with examples)

o    Kinds of Tax

o    The Fairness of a Tax

Ø  Progressive Tax

Ø  Regressive Tax

Ø  Proportional Tax

o    A Graphic Presentation of the Fairness of a Tax

C) The National Debt

v The National Debt and Public Debt

v PSBR and PSDR

v Three categories of National Debt

D) Financial Administration

v The Budget

v Uses of Budget

v Types of Budget

o    Deficit Budget

o    Surplus Budget

o    Balanced Budget

Introduction to Public Economics

Types of Public Expenditure

Arguments For Public Expenditure

Sources of Public Revenue

Reasons for Taxation

The Attributes of a Good Tax System

Pros and Cons of Direct Taxes

• Kids Products
• Clothing
• Footwear
• Baby Care
• Toys/Games
• School Supplies

Pros and Cons of Indirect Taxes

• Kids Products
• Clothing
• Footwear
• Baby Care
• Toys/Games
• School Supplies

Common Kinds of Taxes

Progressive Tax

Regressive Tax and Proportional Tax

Fairness of Tax

The National Debt

Financial Administration

Topic 09: Population

Content

v  An Introduction to Population

v  The Growth of Population

v  Age Distribution of Population

v  Sex Composition of Population

v  Population and Economic Development

v  Geographical Distribution of Population

v  Occupational Distribution of Population

v  Government Policy on Population Control

v  Population Arithematics

Topic 09: Population - An Introduction

Topic 09: Population - The Growth of Population

Topic 09: Population - Age Distribution of Population

Topic 09: Population - Sex Composition of Population

Topic 09: Population - Population and Economic Development

Topic 09: Population - Geographical Distribution of Population

Topic 09: Population - Occupational Distribution of Population

Topic 09: Population - Government Policies on Population Control

Topic 09: Population - Arithematics

Topic 13: Market Structures

Content

A) Introduction

v       Market Structure

v       Elements of Market Structure

         

B) Competition

v       Definition

v       Types of Competition

Ø      Price Competition

Ø      Non-price Competition

v       Features of Perfect Competition

v       Price Determination under Perfect Competition

v       Output Determination under Perfect Competition

C) Monopoly

v       Definition

v       Features of Monopoly

v       Creation of Monopoly

v       Price Determination under Monopoly

v       Output Determination under Monopoly

v       Profit Maximization

v       Normal and Abnormal Profit

v       Arguments for Monopoly

v       Arguments against Monopoly

v       Comparing Perfect Competition and Monopoly

D) Nationalization

v  Definition

v  Arguments for Nationalization

v  Arguments against Nationalization

E) Privatization

v  Definition

v  Arguments for Privatization

v  Arguments against Privatization

Topic 13: Market Structures - Introduction

Topic 13: Market Structures - Price and Output Determination in Perfect Competition

Topic 13: Market Structures - Price and Output Determination in Monopoly

Topic 13: Market Structures - The Concept of Profit Maximization

 

Topic 13: Market Structures - Arguments For and Against Monopoly

• Kids Products
• Clothing
• Footwear
• Baby Care
• Toys/Games
• School Supplies

Topic 13: Market Structures - Perfect Competition Vs Monopoly

Topic 13: Market Structures - Nationalization

• Kids Products
• Clothing
• Footwear
• Baby Care
• Toys/Games
• School Supplies

Topic 13: Market Structures - Privatization

• Kids Products
• Clothing
• Footwear
• Baby Care
• Toys/Games
• School Supplies