1.1 Scarcity, Choice and Opportunity Cost<br>1.2 Economic Methodology<br>1.3 Factors of Production<br>1.4 Resource Allocation in Different Economic Systems<br>1.5 Production Possibility Curves<br>1.6 Classification of Goods and Services<br>2.1 Demand and Supply Curves<br>2.2 Elasticity of Demand<br>2.3 Price Elasticity of Supply<br>2.4 Interaction of Demand and Supply<br>2.5 Consumer and Producer Surplus<br>3.1 Government Intervention in Markets<br>3.2 Effects of Government Intervention<br>3.3 Income and Wealth Inequality<br>4.1 National Income Statistics<br>4.2 Circular Flow of Income<br>4.3 Aggregate Demand and Aggregate Supply<br>4.4 Economic Growth<br>4.5 Unemployment<br>4.6 Price Stability<br>5.1 Government Macroeconomic Policy Objectives<br>5.2 Fiscal Policy<br>5.3 Monetary Policy<br>5.4 Supply-Side Policy<br>6.1 International Trade<br>6.2 Protectionism<br>6.3 Balance of Payments<br>6.4 Exchange Rates<br>6.5 Policies to Correct Imbalances