Course topics.

Try this with Economics

1. Compare the topic list with the current course outline from your school.
2. Pick a topic you can partly explain and identify the exact part you want to work through.
3. Bring one example of the kind of question or task your school uses.

View Economics resources on ATARMAXXING ↗

Topics in the resource inventory

• Scarcity, opportunity cost and the production possibility curve
• Command terms, consequences and evidence-based recommendations
• Mean, median, quantiles and variance in economic data
• Correlation, causation and interpreting R and R-squared
• Demand, supply and the price mechanism in linked markets
• Price elasticity of demand and supply and the total revenue method
• Market structures and how they meet consumer and producer needs
• Duopoly, game theory, Nash equilibrium and collusion
• Consumer surplus, producer surplus and deadweight loss
• Price ceilings and price floors
• Indirect taxes and producer subsidies
• Externalities, public goods, asymmetric information and market power
• Full employment: unemployment rate, participation and NAIRU
• Price stability: CPI, cost-push and demand-pull inflation
• Economic growth, real GDP and living standards
• The business cycle and leading, lagging and coincident indicators
• Five-sector circular flow, the multiplier and the mpc
• The Monetarist AD-AS model in the short and long run
• Fiscal and monetary policy: transmission, lags and conflicts
• Supply-side policy and floating exchange rates