Week | Topic | ||
1 | Introduction Of Teaching Methods And Performance’s Expectations, Rules Of Discipline And Training Philosophy | ||
2 | Chapter 1 – Economic Science
· Introduction · Nature of economics · Methodology · Models · Ceteris paribus · Descriptive economics · Normative economics · Economic goals · Fallacy of competition · Post-hoc fallacy · Macroeconomics · Microeconomics · Graphs · Direct relationship · Inverse relationship Chapter 2 – Economic Problem · Introduction · Unlimited wants · Necessities · Scarce resources · Labor · Land · Capital · Entrepreneurial talents · Production possibilities curve · Law of increasing costs · Efficiency · Economic growth |
All quiz and assignment of Chap 1 & 2 | |
3 | Chapter 3 – Demand and Supply
· Introduction · Market · Demand · Law of Demand · Law of demand resources · Income effect · Substitution effect · Demand graph · Market demand · Demand determinants · Inferior goods · Price of related goods · Complementary goods · Substitute goods · Quantity demanded · Supply · Law of supply · Law of supply reasons · Supply graph · Supply determinants · Quantity supplied · Equilibrium · Shortage · Surplus · Indifference curve · Marginal rate of distribution · Budget line · Point of urgency · Derivation of demand |
All quiz and Assignment of Chap 3 | |
4 | Chapter 4 – Mixed Capitalism
· Mixed capitalism · Legal framework · Antitrust legislation · Income redistribution · Spill over costs and benefits · Public goods · Stabilization · Capitalism · Premises of capitalism · Competition · Market economy · Division of labor · Circular flows · Invisible hand · Private sector · Functional distribution of income · Personal distribution of income · Income disposition · Business organization · Sole proprietorship · Partnership · Corporations · Public sector · Government expenditures · Government revenues · Tax avoidance · Benefit received · Ability to pay · Progressive tax · Tax incidence |
All quiz and Assignment of Chap 4 | |
5 | Chapter 5 – National Income Accounting
· Introduction · National income accounting · Gross national product · Gross domestic product · Intermediate goals · Value added · Expenditure approach · Personal consumption expenditure · Gross private domestic investment · Capital consumption allowance · Net investment · Government purchases · Net exports · Income approach · Net national product · National income · Indirect business taxes · Personal Income · Transfer payments · Disposable income · Real GDP · Price index |
All quiz and assignment of Chap 5 | |
6 | Chapter 6 – Business cycle
· Introduction · Business cycle · Recession · Postponable durable · Unemployment · Frictional unemployment · Structural unemployment · Cyclical unemployment · Rate of unemployment · Discouraged workers · Natural rate of unemployment · Costs of unemployment · Inflation · Deflation · Demand-pull inflation · Cost-push inflation · Measuring inflation · Inflation redistribution effect · Real income · Anticipated inflation · Inflation output effect · hyperinflation |
All quiz and assignment of Chap 6 | |
7 | Chapter 7 – Classical Keynesian Controversy
· Classical theory · Say’s Law · Classical Money Market · Price and Wage Flexibility · Involuntary Unemployment · Classical Keynesian controversy · Keynesian saving-oriented plans · Keynesian price-wage rigidity · Aggregate demand · Real balance effect · Aggregate supply · Classical range · Keynesian range · Intermediate range · Aggregate demand policies · Supply side policies |
All quiz and assignment of Chap 7 | |
8 | Week 8 Mid Term Written Test Quiz 20% (Covering academic program covered from Week 1 to 7) | ||
9 | Chapter 8 – Keynesian Employment Theory
· Keynesian Employment Theory · Aggregate Expenditures · Aggregate Expenditure Components · Consumption · Consumption Determinants · Consumption Stability · Average propensity to consume · Saving · Average propensity to save · Investment Determinants · Investment stability · Aggregate output · Keynesian Equilibrium · Leakage · Injection · Leakage-Injection Equilibrium · Multiplier Effect · Multipliers · Complex Multiplier · Paradox or Thrift · Recession Gap · Inflationary Gap Chapter 9 – Fiscal Policy · Fiscal Policy · Government Spending Increase · Balanced budget multiplier · Keynesian fiscal policy · Fiscal policy effectiveness · Crowding Out effect · Fiscal Policy Lags · Non-discretionary fiscal policy · Automatic stabilizer · Full-employment budget · Fiscal Drag · Budget deficit · Budget Philosophy · Public Debt · Fiscal policy and politics · Net export effect · Index of leading indicators |
All quiz and assignment of Chap 8 & 9 | |
10 | Chapter 10 – Money
· Money · Functions of Money · Demand of Money · Money Supply · Currency · M1 · Token Money · Checkable Deposits · M2 · M3 · Near Money · Backing Of Money |
All assignment of Chap 10 | |
11 | Chapter 11 – The Federal Reserve System
· Monetary Policy · Federal Reserve System Function · Federal Reserve System · Federal Reserve Banks · Banking |
All quiz of Chap 10 & 11 and assignment of Chap 11 | |
12 | Chapter 12 – Monetary Policy
· Monetary creation · Monetary policy · Banks · Check cashing · Money creation · Money cancellation · Required reserves · Required reserve ratio · Monetary multiplier · Government securities · Monetary policy tools · Open market operations · Discount rate · Tight Money policy · Easy money policy · Minor monetary policy tools |
All quiz and assignment Chap 12 | |
13 | Chapter 13 – Monetary Policy Controversy
· Keynesian view of Monetary Policy · Monetary Policy Shortcomings · Monetary Policy Asymmetry · Monetary Policy Dilemma · Monetary view of monetary policy · Quantity of money equation · Velocity · Monetarist critique · Monetarist recommendation · Velocity instability |
All quiz and Assignment of Chap 13 | |
14 | Week 14 Pre Final Exam Written Test 20% (Covering academic program covered from Week 8 to 12)
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15 | Chapter 14 – Unemployment versus Inflation
· Introduction · Phillips Curve · Phillips Curve Shift · Stagflation · Inflation Expectation · Acceleration Hypothesis · Rational Expectations · Labor Cost Productivity · Market Policies · Income Policies · Supply Side Economics · Laffer Curve |
All quiz and assignment of Chap 14 | |
16 | Chapter 15 – Economic Growth
· Economic growth · Productivity Growth and Decline · Sources of Growth · Savings Rate · Law of diminishing return · Malthus Economic growth Desirability |
All quiz and assignment of Cha 15 | |
Week 16 Homework and research 10% (Homework 5% + Research 5%)
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17 | Week 17 Pre Final Exam Written Test 20% (Covering academic program covering from Week 13 to 16)
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18 | END OF SEMESTER |
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