The Library · Economics

Economics
Upper Secondary

Grades 9–10 · IGCSE, GCSE, O-Level, CBSE

Lower SecondaryUpper SecondaryPre-UniversityUniversity Foundations

10 of 42 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.

Markets

Demand3 of 3 ready
  1. 01The law of demand and the demand curve
  2. 02What shifts the demand curve — the determinants
  3. 03Consumer and producer surplus — the welfare diagram
Supply2 of 2 ready
  1. 01The law of supply and the supply curve
  2. 02What shifts supply — the determinants
Elasticity5 of 5 ready
  1. 01Price elasticity of demand — PED
  2. 02PED and total revenue — the connection
  3. 03Income elasticity of demand — YED
  4. 04Cross elasticity of demand — XED
  5. 05Price elasticity of supply — PES
Market Equilibrium and Intervention0 of 4 ready
  1. 01Finding equilibrium algebraically — supply equals demandcoming soon
  2. 02Tax incidence — who really pays a taxcoming soon
  3. 03Price controls — floors and ceilingscoming soon
  4. 04Subsidies — effect on equilibrium and welfarecoming soon

Market Failure

Externalities0 of 4 ready
  1. 01What is an externality — costs and benefits beyond the marketcoming soon
  2. 02Negative externalities — too much of a bad thingcoming soon
  3. 03Positive externalities — underproduction of good thingscoming soon
  4. 04Tradeable permits — market-based pollution controlcoming soon
Public Goods0 of 2 ready
  1. 01What makes a good public — non-rival and non-excludablecoming soon
  2. 02Quasi-public goods and the spectrumcoming soon
Information Failure0 of 2 ready
  1. 01Asymmetric information — when one side knows morecoming soon
  2. 02Solutions to information failurescoming soon
Government Failure0 of 2 ready
  1. 01What is government failure — intervention making things worsecoming soon
  2. 02Examples of government failurecoming soon

Macroeconomics

National Income0 of 3 ready
  1. 01Measuring national income — three approachescoming soon
  2. 02Real vs nominal GDP — accounting for inflationcoming soon
  3. 03Limitations of GDP as a welfare measurecoming soon
Economic Growth0 of 2 ready
  1. 01What causes economic growth — supply and demand sidecoming soon
  2. 02Benefits and costs of economic growthcoming soon
Unemployment0 of 3 ready
  1. 01Types of unemployment — frictional structural cyclicalcoming soon
  2. 02Measuring unemployment — the claimant count and LFScoming soon
  3. 03The costs of unemployment — individual and economycoming soon
Inflation0 of 4 ready
  1. 01Measuring inflation — CPI and RPIcoming soon
  2. 02Causes of inflation — demand-pull and cost-pushcoming soon
  3. 03Effects of inflation — who wins and who losescoming soon
  4. 04Deflation — why falling prices can be dangerouscoming soon
Balance of Payments0 of 2 ready
  1. 01The balance of payments — current and capital accountscoming soon
  2. 02Current account deficits — causes and consequencescoming soon
Macroeconomic Policy0 of 4 ready
  1. 01Fiscal policy — government spending and taxationcoming soon
  2. 02Monetary policy — interest rates and money supplycoming soon
  3. 03Supply-side policy — boosting productive capacitycoming soon
  4. 04Conflicts between macroeconomic objectivescoming soon