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