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- Introductory concepts
- Market mechanism
- Elasticities
- Market structures
- Market failures
- Macro activity/eco growth
- Inflation
- Employment & unemployment
- External Stability
- Income distribution
- Factors affecting economy
- Fiscal/Budgetary policy
- Monetary Policy
- Aggregate Supply Policies
- The Policy Mix
- Course revision
Course notes quick navigation
1 Introductory concepts 2 Market mechanism 3 Elasticities 4 Market structures 5 Market failures 6 Macro economic activity/eco growth 7 Inflation 8 Employment & unemployment 9 External Stability 10 Income distribution 11.Factors affecting economy 12 Fiscal/Budgetary policy 13 Monetary Policy 14 Aggregate Supply Policies 15 The Policy Mix
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Email: admin@economicstutor.com.au romeosalla@economicstutor.com.au
2015
| What is economics? |
| Relative scarcity |
| Opportunity cost |
| Production possibility curve |
| Efficiency |
| Basic economic questions |
| Allocative efficiency |
| Technical efficiency |
| Intertemporal efficiency |
| Dynamic efficiency |
| Markets versus planning |
| What is a market? |
| Demand for goods and services |
| Supply of goods and services |
| Equilibrium |
| Shifts of demand |
| Shifts of supply |
| Convergence to equilibrium |
| Factors influencing decision making |
| Excess supply |
| Excess demand |
| Consumer decisions |
| Producer decisions |
| Government decisions |
| Decisions of other groups |
| Price elasticity of demand |
| Price elasticity of supply |
| Perfect competition |
| Monopolistic competition |
| Oligopoly |
| Monopoly |
| Market structure and efficiency |
| Monopoly vs monopsony power |
| Public goods |
| Merit goods |
| De-merit goods |
| Externalities |
| Abuse of market power |
| Aysmmetric information |
| Common Access Resources |
| Externalities in production |
| Externalities in consumption |
| Macroeconomic activity |
| Aggregate demand and supply |
| Five sector model of economy |
| Measurement of economic activity |
| Non-market activity |
| The business cycle |
| Goal of strong and sustainable economic growth |
| AD and AS diagrams |
| Measuring economic growth |
| Economically sustainable development |
| Trade-off betwen economic growth and sustainability |
| Alternative measures of living standards |
| Why inflation is bad |
| Why the RBA targets 2-3% |
| Measurement of inflation |
| Deflation versus disinflation |
| Inflationary expectations |
| Headline vs underlying |
| The Phillips Curve |
| Benefits vs costs of full employment |
| Measurement of unemployment |
| Hidden unemployment |
| Underemployment & underutilisation rate |
| Unemployment and participation rates |
| Is the CAD a problem? |
| The exchange rate |
| International investment position |
| Free trade vs protection |
| Problems with protection |
| The 'equity goal' |
| Measurement of income distribution |
| Absolute vs relative poverty |
| Equity vs efficiency trade-off |
| Costs and benefits of inequality |
| Lorenz curve |
| Gini-coefficient |
| Henderson Poverty Line |
| Cash vs underlying outcomes |
| Fiscal outcome |
| Medium term fiscal strategy |
| BP and economic growth |
| BP and low inflation |
| BP and full employment |
| BP and external stability |
| BP and the distribution of income |
| Budgetary policy and living standards |
| Goals of monetary policy |
| Implementing monetary policy |
| Monetary policy stance |
| The transmission mechanism |
| Monetary policy and economic goals |
| Monetary policy strengths/weaknesses |
| RBA charter |
| Role of the underlying inflation |
| Monetary policy tightening |
| Monetary policy loosening |
| How other interest rates change |
| Pre-emptive decision making |
| 'Open mouth operations' |
| Exchange rate intervention |
| Expansionary monetary policy |
| Monetary policy neutrality |
| Restrictive monetary policy |
| MP to achieve low inflation |
| MP to stimulate growth and jobs |
| Productivity vs efficiency |
| Productivity and international competitiveness |
| Labour Market Reform |
| Trade Liberalisation |
| MRPs and internal stability |
| MRPs and external stability |
| MRPs and equity in the distribution of income |
| MRPs and living standards |
| The benefit of a flexible labour market |
| immigration policy & the three Ps |
| Immigration and labour markets |
| Immigration and Aggregate Supply |
| Immigration and the government's economic goals |
| Immigration and living standards |
| EMAs and section 457 visas |
| Emissions Trading Scheme |
| Carbon tax |
| ETS vs carbon tax |
| Direct action |
| Strong and sustainable growth |
| Low inflation |
| Full employment |
| External stability |
| Equity in the distribution of income |
| Living standards |
| MC Introductory concepts |
| SA Introductory concepts |
| Miscellaneous |
| MC market mechanism |
| SA market mechanism 1 |
| Miscellaneous |
| SA market mechanism 2 |
| SA market mechanism 3 |
| MC elasticities |
| SA elasticities |
| Miscellaneous |
| MC market structures |
| SA market structures |
| Miscellaneous |
| SA market structures 2 |
| MC market failures |
| SA market failures 1 |
| Miscellaneous |
| SA market failures 2 |
| MC macro activity/eco growth |
| SA macro activity/eco growth1 |
| Miscellaneous |
| SA macro activity/eco growth2 |
| SA macro activity/eco growth3 |
| MC low inflation |
| SA low inflation1 |
| Miscellaneous |
| SA low inflation2 |
| MC full employment |
| SA full employment1 |
| Miscellaneous |
| SA full employment2 |
| MC external stability |
| SA external stability1 |
| Miscellaneous |
| SA external stability2 |
| SA external stability3 |
| SA external stability3 |
| MC equity in distribution of income |
| SA equity in distribution of income1 |
| Miscellaneous |
| SA equity in distribution of income2 |
| SA equity in distribution of income3 |
| Miscellaneous |
| MC fiscal/budgetary policy |
| SA fiscal/budgetary policy 1 |
| Miscellaneous |
| SA fiscal/budgetary policy 2 |
| SA fiscal/budgetary policy 3 |
| SA fiscal/budgetary policy 4 |
| SA fiscal/budgetary policy 5 |
| MC monetary policy |
| SA monetary policy 1 |
| Miscellaneous |
| SA monetary policy 2 |
| SA monetary policy 3 |
| MC Aggregate supply policies |
| SA Aggregate supply policies 1 |
| Miscellaneous |
| SA Aggregate supply policies 2 |
| SA Aggregate supply policies 3 |
| SA Aggregate supply policies 4 |
| SA Aggregate supply policies 5 |
| MC Policy mix |
| SA Policy mix |
| Miscellaneous |
| MC course revision |
| SA course revision 1 |
| Miscellaneous |
| SA course revision 2 |
| Contemporary activities 2018 |
| Contemporary activities 2017 |
| Contemporary activities 2016 A |
| Contemporary activities 2016 B |
| Contemporary activities 2015 A |
| Contemporary activities 2015 B |
| Videos |
| Diagrams used in activities |
| Google community eco teachers |
| Misc videos |
| Misc videos |
| The Checkout season 1 |
| The Checkout season 2 |
| The Checkout miscellaneous |
| The Corporation |
| EconPop |
| Freakonomics |
| PPC1 |
| PPC2 |
| PPC3 |