The Library · Economics

Economics
Pre-University

Grades 11–12 · A-Level, IB, JEE

Lower SecondaryUpper SecondaryPre-UniversityUniversity Foundations

0 of 87 lectures are ready to read. The rest are listed so you can see where the subject goes; each one switches on as it is finished.

Consumer Theory

Utility and Indifference Curves0 of 4 ready
  1. 01Total and marginal utility — the law of diminishing MUcoming soon
  2. 02Indifference curves and budget constraintscoming soon
  3. 03Consumer equilibrium — maximising utility formallycoming soon
  4. 04Income and substitution effectscoming soon
Behavioural Economics0 of 4 ready
  1. 01Nudge theory — choice architecturecoming soon
  2. 02Cognitive biases — how we really decidecoming soon
  3. 03Prospect theory — Kahneman and Tverskycoming soon
  4. 04Behavioural economics and policycoming soon

Producer Theory and Market Structures

Costs0 of 4 ready
  1. 01Fixed, variable, and total costscoming soon
  2. 02Average and marginal costs — shapes explainedcoming soon
  3. 03Short run vs long run costscoming soon
  4. 04Economies and diseconomies of scalecoming soon
Revenue0 of 2 ready
  1. 01Total, average, and marginal revenuecoming soon
  2. 02Revenue and elasticity — the PED connectioncoming soon
Profit Maximisation0 of 2 ready
  1. 01Profit maximisation — MR equals MC rulecoming soon
  2. 02Short run and long run profit — the distinctioncoming soon
Perfect Competition0 of 4 ready
  1. 01Perfect competition — the model and its assumptionscoming soon
  2. 02Short run equilibrium under perfect competitioncoming soon
  3. 03Long run equilibrium — zero supernormal profitcoming soon
  4. 04Efficiency in perfect competitioncoming soon
Monopoly0 of 4 ready
  1. 01The monopoly model — barriers and market powercoming soon
  2. 02Monopoly equilibrium — output and pricecoming soon
  3. 03Price discrimination — first, second, third degreecoming soon
  4. 04Natural monopoly — regulating the unregulatablecoming soon
Monopolistic Competition0 of 3 ready
  1. 01Monopolistic competition — many firms with differentiated productscoming soon
  2. 02Short and long run in monopolistic competitioncoming soon
  3. 03Product differentiation and advertisingcoming soon
Oligopoly and Game Theory0 of 5 ready
  1. 01Oligopoly — the interdependence of firmscoming soon
  2. 02The kinked demand curve modelcoming soon
  3. 03Game theory and the prisoner's dilemmacoming soon
  4. 04Collusion — cartels and their instabilitycoming soon
  5. 05Contestable markets — the threat of entrycoming soon

Labour Markets

Labour Demand0 of 2 ready
  1. 01Derived demand for labour — MRP theorycoming soon
  2. 02Labour supply — individual and marketcoming soon
Labour Market Equilibrium0 of 3 ready
  1. 01Competitive labour market equilibriumcoming soon
  2. 02Monopsony — the single buyer of labourcoming soon
  3. 03Trade unions — bilateral monopolycoming soon
Wage Differentials0 of 2 ready
  1. 01Why wages differ — compensating differentialscoming soon
  2. 02Discrimination, monopsony, and market powercoming soon

Macroeconomics

National Income0 of 2 ready
  1. 01National income — output, income, expenditurecoming soon
  2. 02GDP and its components — C + I + G + (X-M)coming soon
Keynesian Model0 of 3 ready
  1. 01The circular flow — injections and leakagescoming soon
  2. 02The Keynesian multiplier — how spending ripplescoming soon
  3. 03The accelerator principle — investment and growthcoming soon
Aggregate Demand0 of 2 ready
  1. 01Aggregate demand — the AD curve and its slopecoming soon
  2. 02Shifts in AD — what moves the AD curvecoming soon
Aggregate Supply0 of 3 ready
  1. 01Short run aggregate supply — why SRAS slopes upcoming soon
  2. 02Long run aggregate supply — potential outputcoming soon
  3. 03Shifts in SRAS and LRAScoming soon
AD-AS Equilibrium0 of 4 ready
  1. 01AD-AS equilibrium — macroeconomic balancecoming soon
  2. 02Demand shocks — booms and recessions in AD-AScoming soon
  3. 03Supply shocks — stagflation and the oil crisescoming soon
  4. 04Policy responses in the AD-AS frameworkcoming soon
Growth Theory0 of 4 ready
  1. 01Sources of economic growth — supply and demand sidecoming soon
  2. 02Harrod-Domar growth modelcoming soon
  3. 03Barriers to growth in developing economiescoming soon
  4. 04Sustainability — growth vs environmentcoming soon

Money and Finance

Money and Banking0 of 3 ready
  1. 01What is money — functions and formscoming soon
  2. 02Commercial banks and credit creationcoming soon
  3. 03The Bank of England — roles and independencecoming soon
Monetary Policy0 of 3 ready
  1. 01How interest rate changes affect the economycoming soon
  2. 02Quantitative easing — unconventional monetary policycoming soon
  3. 03Monetary policy — effectiveness and limitationscoming soon
Exchange Rates0 of 3 ready
  1. 01How exchange rates are determinedcoming soon
  2. 02Effects of exchange rate changescoming soon
  3. 03Exchange rate policy — fixed vs floatingcoming soon

Policy

Fiscal Policy Advanced0 of 4 ready
  1. 01Fiscal policy — tools and objectivescoming soon
  2. 02Budget deficit and national debt — the distinctioncoming soon
  3. 03Expansionary vs contractionary fiscal policycoming soon
  4. 04Automatic stabilisers — built-in fiscal stabilisationcoming soon
Supply-Side Policy0 of 4 ready
  1. 01Supply-side policy — the objectivescoming soon
  2. 02Market-based supply-side policiescoming soon
  3. 03Interventionist supply-side policiescoming soon
  4. 04Evaluation of supply-side policiescoming soon

International Economics

Trade Theory0 of 3 ready
  1. 01Comparative advantage — the case for free tradecoming soon
  2. 02Terms of trade and trade patternscoming soon
  3. 03Trade in the modern world — new trade theorycoming soon
Trade Policy0 of 3 ready
  1. 01Tariffs — effects on consumers, producers, governmentcoming soon
  2. 02Non-tariff barriers — quotas, subsidies, regulationscoming soon
  3. 03Arguments for and against protectionismcoming soon
Balance of Payments Advanced0 of 3 ready
  1. 01Current account — in detailcoming soon
  2. 02Capital and financial accountcoming soon
  3. 03Current account deficit — is it a problemcoming soon
Development Economics0 of 4 ready
  1. 01Measuring development — beyond GDPcoming soon
  2. 02Barriers to development — supply and demand sidecoming soon
  3. 03Aid vs trade vs FDI — development strategiescoming soon
  4. 04The role of institutions in developmentcoming soon