Economics: A Complete Course for IGCSE and O Level

1: THE BASIC ECONOMIC PROBLEM: SCARCITY AND CHOICE ; 1. The Economic Problem ; 2. Specialization and Exchange ; 3. Economic Systems ; 2: THE NATURE AND FUNCTIONS OF ORGANIZATIONS AND INSTITUTIONS IN AN ECONOMY ; 4. Types of Business Organizations ; 5. Trade Unions ; 6. Financial Institutions ; 3: HOW THE MARKET WORKS ; 7. How Prices are Determined ; 8. Market Structures ; 9. The Role of Advertising ; 4: THE INDIVIDUAL AS PRODUCER, CONSUMER AND BORROWER ; 10. Occupations and Wages ; 11. Spending, Saving and Borrowing ; 5: THE PRIVATE FIRM AS PRODUCER AND EMPLOYER ; 12. Organizing Production ; 13. Costs, Revenues and Profits ; 6: THE ROLE FO THE GOVERNMENT IN AN ECONOMY ; 14. Government Objectives and Policies ; 15. Public Sector Finance ; 7: ECONOMIC INDICATORS: RECENT CHANGES AND CURRENT TRENDS IN AN ECONOMY AND THEIR CONSEQUENCES ; 16. Prices and Employment ; 17. Output and Growth ; 18. International Trade and Exchange Rates ; 8: DEVELOPED AND DEVELOPING ECONOMIES ; 19. Economic development ; 20. Population ; 9: INTERNATIONAL ASPECTS OF ECONOMIC INTERDEPENDENCE AND POSSIBLE CONFLICTS OF INTEREST ; 21. Social Costs and Benefits ; 22. The Impact of Globalization