Economics Topics

Accounts
The Current Account

Aggregate Demand and Supply Model / Business Cycle
Showing Phases of the Business Cycle on the Keynesian AD/AS Model

Aggregate Expenditure Model
What is the Aggregate Expenditure Model?

Appreciation & Depreciation of the Currency
What Causes Changes in Demand and Supply?

Australia's Balance of Payments
What is the 'Balance of Payments'?

Australia's Economy in the last decade
Timeline of Economic Events

Australia's Performance

Australia's Trade Intensity
What is Trade Intensity?

Automatic and Discretionary Stabilisers
Automatic Stabilisers

Benefits and Costs of Foreign Investment
Benefits of Foreign Investment

Budget Outcomes
Surplus

Calculating Comparative Advantage
Determining Absolute Advantage

Causes of Market Failure
Market Failure

Characteristics of the Business Cycle
Boom

Circular Flow of Income Model
What is the Circular Flow of Income Model?

Classical AD/AS Model

Common Resources
What are Common Resources

Components of Aggregate Expenditure
Consumption

Concept and Factors of Globalisation
What is Globalisation?

Concept and Measurement of Economic Growth
The concept, and measurement, of Economic Growth

Concept and Measurement of Inflation
Inflation

Concept of Aggregate Demand and Supply
What is Difference Between the Regular Demand and Supply and Aggregate Demand & Supply?

Concept of Fiscal Policy
What is it?

Concept of Macroeconomic Activity
What is Macroeconomic Activity?

Concept of Monetary Policy
What is it?

Concept of Productivity
What is it?

Concept of Structural Change
What is it?

Concept of the Business Cycle
What is it?

Conflicting and Complementary Economic Objectives

Consumption
What is Consumption?

Consumption Function
What is Consumption Function?

Contemporary Fiscal Policy

Contemporary Monetary Policy

Costs and Benefits of Economic Growth
Benefits

Cross-Price Elasticity of Demand
XED

Current Account and Foreign Liabilities
What is the Relationship Between the Current Account and Foreign Liabilities?

Demonstrating Gains in Trade
Domestic Supply and Demand Model

Determinants of Economic Growth
Determinants

Economic Basics
The Economic Problem

Economic Effects of Globalisation
Benefits of Globalisation

Economic Growth and Structural Change
What is the Link?

Economic Indicators
Indicators

Economic Welfare
Economic Welfare

Effects of Changes in Aggregate Supply
Cost-Push Inflation (Decrease in Aggregate Supply)

Effects of Changes in Aggregated Demand

Effects of Changes in Non-Price Factors - Demand
Non-Price Factors

Effects of Injections and Leakages on Income
Effect of Leakages and Injections on the Circular Flow of Income

Effects of Movements in the Exchange Rate
How Do Changes in the Price of a Currency Affect the Prices of Exports and Imports?

Effects of Structural Change
Short Term Effects

Effects of Unemployment and Policies
What happens when full employment is not met?

Efficient Allocation of Resources
What is it?

Elasticity Basics
Elasticity

Equilibrium, Injections and Leakages
Equilibrium

Equitable Distribution of Income
What is it?

Equity
Equity and Income Distribution

Externalities
What are externalities?

Externalities - Models
Consumption Externalities

Factors Affecting Aggregate Demand
What is Aggregate Demand?

Factors Affecting Aggregate Supply
What is Aggregate Supply?

Factors Affecting the Terms of Trade
What are the Factors Affecting Terms of Trade?

Factors that Affect the Exchange Rate
What are the Factors that Affect the Exchange Rate?

Factors that affect Consumption
Consumption

Factors that affect Government Spending and Net Exports
Government Spending

Factors that affect Investment
Investment

Fiscal Policy Stances
Expansionary

Foreign Debt
What is Foreign Debt?

Foreign Direct Investment
Trends and Introduction to Foreign Direct Investment

Foreign Liabilities
What are Foreign Liabilities?

Forms of Protectionism
What is Protectionism?

Full Employment
What is it?

GDP Growth
GDP as a Measure of Economic Growth

Government Expenditure
What is Government Expenditure?

Government Market Intervention
Why do Governments Intervene in a Market?

Government Revenue and Expenditure Sources
Government Revenue Sources

Government Roles
What is the Public Sector?

Government Taxes
Government Revenue

Impact of Monetary Policy

Income Elasticity of Demand
YED

Indicators of the Business Cycle
Leading Indicators

International Competitiveness
What is International Competitiveness?

Introduction to Foreign Investment
What is Foreign Investment?

Introduction to Terms of Trade
What is Terms of Trade?

Introduction to the Exchange Rate
What is the Exchange Rate?

Investment
What is Investment?

Keynesian AD/AS Model

Labour and Multifactor Productivity
Labour Productivity

Linkages Between Economies
Trade

MPC, MPS, APC and APS
Marginal Propensity to Consume and Marginal Propensity to Save

Market Efficiency
Efficiency

Market Equilibrium
What is the Market Equilibrium?

Market Failure - Uncompetitive Markets
Why is Marker Power an example of Market Failure?

Market power
Market Power

Methods for Financing a Budget Deficit
Borrow from Overseas

Monetary Policy Stances
Expansionary

Multiplier Process
What is the Multiplier?

Negatives of Trade Liberation
Negative #1: Balance of Payments Argument - Need for a Trade Surplus

Net Exports
What is Net Exports?

Non-Price Factors of Demand
Non-price Factors of Demand

Non-Price Factors of Supply
Non-price Factors of Supply

Patterns and Composition of Trade
Australia's Top Exports