01: The Nature of the Economic Problem
02: The Factors of Production
04: Opportunity Cost of Economic Actions
06: Allocation of Resources in Different Economic Systems
Theme 02: Nature and Functions of Organizations and Institutions in an Economy
08: Types of Business Organization in the Private and Public Sectors10: Trade Unions and their Role in the Economy
Theme 03: How the Market Works
12: The Principle of Equilibrium Price16: The Purpose and Methods of Advertising
17: Pricing and Output Policies in Perfect Competition and Monopoly
Theme 04: The individual as Producer, Consumer and Borrower
18: Factors Affecting an Individual’s Choice of Occupations
19: Changes in Earnings over Time between Occupations and Between Economic SectorsTheme 04: The individual as Producer, Consumer and Borrower
18: Factors Affecting an Individual’s Choice of Occupations
20: Differences in Earnings between Occupational Groups and Different Economic Sectors
21: Different Motives for Spending, Saving and Borrowing
22: Reasons for Different Expenditure Patterns of Different Income Groups
Theme 05: The Private Firm as Producer and Employer
23: Profit Maximization as a Goal
24: Integration, Economies and Diseconomies of Scale
25: Total Cost, Average Cost, Fixed Cost and Variable Cost
26: Effects of Changes in Average Cost and Effects of Substituting One Factor for Another
27: Total Revenue and Average Revenue
Theme 06: Role of Government in an Economy
28: The Government as a Producer of Goods and Services and as an Employer
29: Aims of Government Policy
30: Types of Taxation
31: Reasons for Government’s Influence on Private Producers
32: Possible Conflicts between Government Aims
33: The Impact and Incidence of Taxation
Theme 07: Main Economic indicators; Recent Changes and Trends and their Consequences
34: The Causes and Consequences of Inflation
35: Measuring Inflation
36: The Changing Patterns and Levels of Unemployment
37: The Consequences of Unemployment
38: Gross Domestic Product as a Measure of Economic Output
39: The Structure of the Balance of Payments
40: The Changing Patterns of Exports and Imports and Effects on the Balance of Payments
41: Exchange Rates and the Reasons for its Fluctuations
Theme 08: Developed and Developing Economies: Trends in Population and in Living Standards
42: Developed and Developing Economies and Reasons for Different Stages of Development
43: The Growth of Population
45: Problems and their Consequences for the Developing Countries
46: Simple Measures and Indicators of Comparative Living Standards
Theme 09: International Aspects of Interdependence and Possible Conflicts
47: Merits and Demerits of Specialization at Individual, Regional and National Level
48: Conflicts of Interest in Conservation and Exploitation of Resources
49: Conflicts of Interest in Free Trade and Protectionism
50: Conflicts of Interest in Public and Private Expenditure
