Policy Implication of the Philips CurveMeaning of International TradeReasons for International TradeClassical Theories of International Trade-The Theory of Absolute Cost-The Theory of Comparative CostAssumptions of the TheoryCriticisms of the Theory
Meaning of Balance of Payments (BOP)Disequilibrium in the Balance of PaymentsReasons for Balance of Payments Deficit in NigeriaMeasures to Adjust BOP
IntroductionTypes of UnemploymentMeasurement of UnemploymentCauses of Unemployment in Nigeria Effects of Unemployment on NigeriansMeasures to Solve the Unemployment Problem
Meaning of MacroeconomicsLimitations of MacroeconomicsDifferences between Microeconomics and MacroeconomicsSome Concepts in MacroeconomicsConcepts of Stock and FlowConcept of Macroeconomic ModelTypes of Macroeconomic AnalysisGoals of Macroeconomic Policy
The Classical Theory of Money (The Transaction Approach)Assumptions of the Classical TheoryCriticisms of the Classical TheoryThe Cambridge Version of the Quantity Theory of Money (The Cash Balance Approach)The Keynesian Theory of Money
Sampling and Sampling DistributionSome Basic ConceptMeaning of SamplingPopulationSampling Technique
Meaning of Interest RateThe Classical Theory of Interest Rate DeterminationKeynesian Theory of Interest RateTheories of Economic Growth
Price discoveryMarket clearingChanges in equilibriumCOBWEB THEORYIntroduction to Cobweb Theory Assumptions of Cobweb TheoryCriticism of Cobweb Theory
Microeconomic Theory-The Classical Theory-The Keynesian TheoryEQUILIBRIUM ANALYSISCONSUMER EQUILIBRIUMECONOMIC PROBLEM OF SCARCITY AND RESOURCE ALLOCATIONRESOURCE ALLOCATION IN AN ECONOMY: 5 MAIN PROBLEMSConclusionSupply
IntroductionManagement Process/Functions
Rules of Differentiation-Constant Function Rule-Power Function Rule
Common Functions in MathematicsTypes of Functions in EconomicsClassification of Functions
Differentiation Partial Complete/Total Differentiation Partial Deratibr
Constant Function Rule Power Function Rule Som-Difference Rule Product Rule Quotient Rule Applications to Comparative Static & Analysis
A) THE FIELD OF MACROECONOMICS -Meaning of Macroeconomics -Differences between Microeconomics and Macroeconomics -Importance of Macroeconomics B) NATIONAL INCOME ACCOUNTING -Meaning of National Income Analysis -Consumption, Savings, and Investment C) MONEY AND BANKING -Origins of Money -Financial Institution -Central Banking D) OPEN ECONOMY MACROECONOMICS -Analysis of International Trade -Gain from Trade -Net Export Function in the Open Economy -Exchange Rate Policies