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(1.1)Costs and Revenues(Production, Economies of Scale)
(1.2) Marginal Cost and Marginal Return
2. Market Mechanism
(2.1) Demand and Supply Analysis(Marginal Utility, Dead-weight-loss)
(2.2)Elasticity
(2.3)The Price Mechanism
3. Market Competition and Market Failure
(3.1 )Perfect Competitive Market
(3.2) Monopolistic Competition and Contestable Markets
(3.3) Monopoly, Oligopoly and Monopsony
(3.4) Market Failure
4. Government Intervention
(4.1)Regulation and Competition Policy (Indirect Taxes, Subsidies, State Provision, Price Controls and Buffer Stocks, Extending Property Rights, Tradable Pollution Permits)
(4.2) Government Failure (Externalities, Merit and Demerit Goods, Public goods, Imperfect Information, Immobility of Resources, Unstable Commodity Prices, Lack of Equity)
(4.3) Privatization, Deregulation and Internal Markets
5. The Labor Market
(5.1) Wages (the National Minimum Wage, Wage Determination)
(5.2) Trade Unions and Monopsony Employers
(5.3) Income Inequality
Part 2 - Macroeconomics
6. Macroeconomic Models
(6.1) Macroeconomic Indicators and the Circular Flow of Income (GDP, Consumption, Saving and Investment, Living Standards, Development and Sustainability)
(6.2) Aggregate Demand, Aggregate Supply and Equilibrium (Long-run and Short-run, Keynesianism)
7. Macroeconomic Performance
(7.1) Economic Growth and the Business Cycle
(7.2) Inflation and Deflation
(7.3) Unemployment (The Phillips Curve)
8. Financial Sector and Monetary Systems
(8.1) Money Market and Interest Rate
(8.2) Money Supply and Central Banks
(8.3) IS-LM Model
9. Policy Tools
(9.1) Fiscal and Monetary Policies
(9.2) Supply-Side Policies
10. International Economics
(10.1) The Balance of Payments
(10.2) Exchange Rates and Foreign Exchange Market
(10.3) International Trade and International Competitiveness