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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 |