Chapter 1
1.0 NATIONAL INCOME
1.1 Basic Macroeconomics concepts
1.2 The Circular flow of income and expenditure
1.3 Injection and withdrawal/leakages
1.4 Method of measuring national income
1.5 Method of measuring national income
Example Multiple Choice Question
Chapter 2
2.0 DETERMINATION OF NATIONAL INCOME EQUILIBRIUM
2.1 Aggregate demand (AD) and aggregate supply (AS)
2.2 Concepts equilibrium of National Income
2.3 Consumption Theory
2.4 Saving Theory
2.5 Investment theory
Example Questions
Chapter 3
3.0 INFLATION
3.1 Inflation rates
3.2 Typed of inflation
3.3 Effects of inflation
3.4 Remedies/ Ways to control inflation
Chapter 4
4.0 UNEMPLOYMENT
4.1 Unemployment Rate
4.2 Types of unemployment
4.3 Costs of unemployment
4.4 Policies to reduce unemployment
Chapter 5
5.0 GLOBAL ENVIRONMENT/ INTERNATIONAL TRADE
5.1 International trade
5.2 Importance of international trade
5.3 Advantages of international trade.
5.4 Disadvantages of international trade.
5.5 Absolute advantages
5.6 Comparative advantages
5.7 Protectionism of international trade
5.8 Reasons of protectionism
5.9 The Balance Of Payments
5.10 Policy to reduce BOP deficit
5.11 Example Multiple Choice Questions
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