Chapter 1 – The Role and Method of Economics
Section 1.1 and 1.2
Section 1.3 and 1.4
Section 1.5 and 1.6
Section 1.7 and 1.8
Chapter 2 – Scarcity, Trade-offs, and Production Possibilities
Section 2.1 and 2.2
Section 2.3
Section 2.4
Chapter 3 – Supply and Demand
Section 3.1 – Markets
Section 3.2 – Demand
Section 3.3 – Shifts in the Demand Curve
Section 3.4- Supply
- Please ensure that you label all graphs. Supply curves can be denoted by the letter “S”
Section 3.5 – Shifts in the Supply Curve
Chapter 4 – Bringing Supply and Demand Together
Section 4.1 – Market Equilibrium and Price
Section 4.2 – Changes in Equilibrium Price and Quantity
- key-section-4.2-questions-1-6.pdf
- Questions 7 and 8
Section 4.3 – Price Controls
Chapter 5 – Introduction to the Macroeconomy
Section 5.1 – Macroeconomic Goals
Section 5.2 – Employment and Unemployment
Section 5.3 – Different Types of Unemployment
Section 5.4 – Inflation
Section 5.5 – Economic Fluctuations
Chapter 6 – Measuring Economic Performance
Section 6.1 – National Income Accounting: Measuring Economic Performance
Section 6.2 – The expenditure Approach to Measuring GDP
Section 6.3 –
Section 6.4 – Issues with calculating an accurate GDP
Section 6.5 – Problems with GDP as a measure of economic welfare
Chapter 7 – Economic Growth in the Global Economy
Section 7.1 – Economic Growth
Section 7.2 – Determinants of Economic Growth
Section 7.3 – Public Policy and Economic Growth
Section 7.4 – Population and Economic Growth
CHAPTER 11: MONEY AND THE BANKING SYSTEM
Section 11.1 What is money?
Section 11.2 Measuring Money
Section 11.3 How Banks Create Money
Section 11.4 The Money Multiplier