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Economics Question Bank

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Economics

Economics Question Bank

Unit 1: Introduction to Economics

  • Introduces the fundamental concepts and methods of economics

  • Explores the nature of economics

  • Examines the basic questions of resource allocation

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Unit 2: Competitive Markets; Demand and Supply

  • Explores the dynamics of competitive markets
  • Focus on the core principles of demand and supply

  • How they interact to determine equilibrium

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Unit 3: Macroeconomics

  • Study of the economy as a whole

  • Covers the measurement of economic activity

  • Discusses economic objectives

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Unit 4: The Global Economy

  • Examines the interconnectedness of economies

  • Focus on international trade and protectionism

  • Explores the benefits of economic integration

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