| Topic | Subtopics | Hours* | Homework |
| 1. Basic economic problem: choice and the allocation of resources | economic problem | ||
| factors of production | |||
| opportunity cost | |||
| resource allocation | |||
| choice | |||
| production possibility curves. | |||
| 2. The allocation of resources: how the market works; market failure | market and mixed economic systems | ||
| demand and supply analysis | |||
| price elasticity | |||
| market failure | |||
| social and private costs and benefits. | |||
| 3. The individual as producer, consumer and borrower | functions of money | ||
| exchange | |||
| central banks, stock exchanges and commercial banks | |||
| labour market | |||
| motives for spending, saving and borrowing | |||
| 4. The private firm as producer and employer | types and sizes of business organisation | ||
| demand for factors of production | |||
| costs and revenue | |||
| profit maximisation and other business goals | |||
| perfect competition | |||
| monopoly | |||
| advantages and disadvantages of increased scale. | |||
| 5. Role of government in economy | government as a producer and an employer | ||
| aims of government economic policy | |||
| fiscal, monetary and supply-side policies | |||
| types of taxation | |||
| possible policy conflicts | |||
| government’s influence on private producers | |||
| 6. Economic indicators | price indices | ||
| inflation and deflation | |||
| employment and unemployment | |||
| GDP, economic growth and recession | |||
| GDP and other measures of living standards. | |||
| 7. Developed and developing economies: trends in production, population and living standards | developed and developing countries | ||
| absolute and relative poverty | |||
| alleviating poverty | |||
| population growth | |||
| differences in living standards | |||
| 8. International aspects | specialisation | ||
| current account of the balance of payments | |||
| current account deficits and surpluses | |||
| exchange rate fluctuations | |||
| protectionism and free trade. | |||
| Total |
*计划课时仅供学霸级学员参考,实际用时依学员具体情况会有调整。
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