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156 Understanding Economics As Level Book

Name: 156 Understanding Economics As Level Book
SKU: 156UEALB
Price: 1120 PKR
Availability: InStock

₨ 1,120

Book Code : 156

Subject Code : 9705

Author : Muhammad Kamran Malik

Language : English

Publishers : Read and Write Publications

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156 Understanding Economics As Level Book
₨ 1,120
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XL 42 36 42

2XL 44 38 44

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Description

Understanding Economics As Level Book

TABLE OF CONTENTS

Section: 1 Utility

Law of Diminishing Marginal Utility

Law of Equi Marginal Utility

Indifference Analysis

Multiple Choice Questions

Section: 2 Budget Line

Shifts In Budget Line

Multiple Choice Questions

Section: 3 Normal, Inferior and Giffen Goods

Real Income and Substitution Effects of a Price Change

Consumer’s Equilibrium

Income Consumption Curve (ICC)

Impacts of Changes in Price

Multiple Choice Questions

Section: 4 Costs of the businesses

Laws of Variable Proportion

Multiple Choice Questions

Section: 5 Cost Curves in the Long Run

Economies of Scale

Least Cost Combination

Isoquant and Isocost Approach

Minimum Efficient Scale (MES)

Minimum Efficient Scale (MES) And The Size Of Firms

Natural Monopoly

Reasons For The Existence Of Small Firms

Section: 6 Economist’s Versus Accountant’s Definition of Costs

Decisions to Continue or Shutdown Businesses

Multiple Choice Questions

Section: 7 Market Structures

Perfect Competition

Multiple Choice Questions

Section: 8 Monopoly

Multiple Choice Questions

Section: 9 Externalities

Negative Externalities

Positive Externalities

Multiple Choice Questions

Section: 10 Cost Benefit Analysis

Multiple Choice Questions

Section: 11 Comparison between Perfect Competition and Monopoly

Efficiency: Productive and Allocative Efficiency

Remedies to Monopoly Abuse

Multiple Choice Questions

Section: 12 Objectives of Firms

Multiple Choice Questions

Section: 13 Price Discrimination

Multiple Choice Questions

Section: 14 Monopolistic Competition

Oligopoly(Understanding Economics As Level Book)

Price rigidness in Oligopoly

Cartels

Non-Collusive Oligopoly: Game Theory

Prisoner’s Dilemma

Concentration Ratio (Lorenz Curve & Gini Coefficient)

Growth of Firms

Multiple Choice Questions

Section: 15 Contestable Market

Multiple Choice Questions

Section: 16 Factor Market

Marginal Revenue Productivity Theory

Labour Supply Curve

Multiple Choice Questions

Section: 17 Monopsony

Trade Unions(Understanding Economics As Level )

Wage Differentials

Economic Rent

Multiple Choice Questions

Section: 18 National Income Accounting

Multiple Choice Questions

Section: 19 Per Capita Income and Standard of Living

Poverty Trap

Intergenerational Equity

Net Economic Welfare (NEW)

An Introduction of BRICS

Human Poverty Index

Multidimensional Poverty Index (MPI)

Kuznets Curve

Multiple Choice Questions

Section: 20 Equilibrium National Income

Squaring The Economic Cycle(Understanding Economics As Level )

Equilibrium Income (a Graphical Treatment)

Close Economy without Government

Investment Expenditures

Equilibrium National Income

A Situation of Disequilibrium

Multiple Choice Questions

Section: 21 Close Economy with Government

Equilibrium Income in a Close Economy with Government

Equilibrium National Income (Three Sectoral Economy)- Graphical Analysis

Transfer Payment Multiplier

Induced Taxes

Inflationary and Deflationary Gaps

Systems of Taxation

Laffer Curve

Nudge Theory

Means-Tested Benefit

Negative Income Tax

Multiple Choice Questions

Section: 22 Open Economy

Equilibrium Income in an Open Economy

Multiple Choice Questions

Section: 23 Principle of Accelerator

Multiple Choice Questions

Section: 24 Aggregate Demand (AD)

Comparison: Classicals, Monetarists and Keynesians

Aggregate Supply (AS)

Multiple Choice Questions

Section: 25 Liquidity Preference Theory

Loanable Fund Theory

Multiple Choice Questions

Section: 26 Quantity Theory of Money

Credit Creation Process

Multiple Choice Questions

Section: 27 Unemployment

Philips Curve

Supply Side Policies And Natural Rate Of Unemployment

Multiple Choice Questions

Section: 28 Interdependence of Economic Policies

Multiple Choice Questions

Section: 29 Developing Economies

Multiple Choice Questions

Answer Key.

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SKU: 156UEALB Categories: A Level, Economics (A Level), Education

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