Unit 1. An Introduction to Economics. Sect. 1. The Content of Economics. Sect. 2. The Production Possibility Boundary and its Implications -- Unit 2. The Elementary Theory of Allocation. Sect. 1. The Market and the Market Economy. Sect. 2. Elasticity. Sect. 3. Market Failure -- Unit 3. The Theory of Production. Sect. 1. The Production Function. Sect. 2. The Short Run. Sect. 3. Costs of production. Sect. 4. Short-run Cost Curves. Sect. 5. Long-run Cost Curves -- Unit 4. Market Structures. Sect. 1. The Model of Perfect Competition. Sect. 2. Monopoly. Sect. 3. Imperfect Competition. Sect. 4. Privatisation -- Unit 5. The Theory of Distribution. Sect. 1. The income factors of production. Sect. 2. Wage determination in perfectly competitive labour markets. Sect. 3. Wage determination in imperfect labour markets. Sect. 4. The price of capital. Sect. 5. The price of land -- Unit 6. Introduction to the Macroeconomy. Sect. 1. National income accounts and measurement of national income. Sect. 2. National Income determination and the circular flow of income. Sect. 3. Macroeconomic issues and controversies -- Unit 7. National Income Determination. Sect. 1. Basic Keynesian model of national income determination. Sect. 2. Consumption and investment demand. Sect. 3. Keynesian model and fiscal policy. Sect. 4. Imports and exports in the Keynesian model -- Unit 8. The Role of Money and the Financial System. Sect. 1. Money and the Financial System. Sect. 2. Money Demand, Aggregate Demand and Money Market Equilibrium. Sect. 3. Monetary Policy -- Unit 9. National Income Determination and Aggregate Supply. Sect. 1. Theories of aggregate supply. Sect. 2. Short-run and long-run aggregate supply. Sect. 3. The Phillips curve -- Unit 10. International Trade. Sect. 1. Why do Countries Trade? Sect. 2. The Exchange Rate. Sect. 3. The Balance of Payments. Sect. 4. Recent Exchange Rate History.