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=Section 1 Basic economic ideas and resource allocation= == Chapter 1 Scarcity, choice and opportunity cost == <br/> {| class="wikitable sortable" style="margin:0 auto" |- ! 序号 !! 重要标记 !! scope="col" width="150"|单词 !! scope="col" width="150"|含义 !! scope="col" width="700"|概念 |- |1 |* |fundamental economic problem |基本经济问题 |scarce resources but unlimited wants; sometimes called the basic economic problem. |- |2 | |resources |资源 |inputs available for the production of goods and services. |- |3 | |wants |愿望 |the goods and services that people may like to have but are not always realised. |- |4 | |needs |需求 |things that are necessary for survival, such as food. |- |5 |* |scarcity |稀缺性 |a situation in which wants and needs are greater than the resources available. |- |6 | |choice |选择 |resources are scarce so individuals, firms and governments have to consider alternatives. |- |7 | |factors of production |生产要素 |resources or inputs available in an economy that are used in the production of goods and services. |- |8 | |firm |企业 |any business that hires factors of production to produce goods and services. |- |9 |* |opportunity cost |机会成本 |the cost expressed in terms of the next best alternative that is foregone when a choice is made. |} <br/> == Chapter 2 Economic methodology == <br/> {| class="wikitable sortable" style="margin:0 auto" |- ! 序号 !! 重要标记 !! scope="col" width="150"|单词 !! scope="col" width="150"|含义 !! scope="col" width="700"|概念 |- |1 | |macroeconomics |宏观经济学 |the study of an economy or a group of economies. |- |2 | |microeconomics |微观经济学 |the study of individual markets (households and firms). |- |3 | |model |模型 |a simplified view of reality used to explain economic problems and issues. |- |4 |* |positive statement |实证性陈述 |a statement that is based on facts or actual evidence. |- |5 |* |normative statement |规范性陈述 |a statement that is based on the economist's opinion or value judgement and which cannot be proven. |- |6 |* |ceteris paribus |其他条件不变 |a Latin phrase meaning 'other things equal' or 'other things are unchanged'; used by economists to model the effects of one change at a time. |- |7 |* |short run |短期 |time period when a firm can change at least one but not all factor inputs. |- |8 |* |long run |长期 |time period when all factors of production are variable but with a constant, such as the state of technology. |- |9 |* |very long run |超长期 |time period when all key inputs into production are variable. |} <br/> == Chapter 3 Factors of production == <br/> {| class="wikitable sortable" style="margin:0 auto" |- ! 序号 !! 重要标记 !! scope="col" width="150"|单词 !! scope="col" width="150"|含义 !! scope="col" width="700"|概念 |- | | | | | |} <br/> == Chapter 4 Resource allocation in different economic systems == <br/> <br/> == Chapter 5 Production possibility curves == <br/> <br/> == Chapter 6 Classification of goods and services == <br/> <br/> =Section 2 The price system and the micro economy= == Chapter 7 Demand and supply curves == <br/> <br/> == Chapter 8 Price elasticity, income elasticity and cross-elasticities of demand == <br/> <br/> == Chapter 9 Price elasticity of supply == <br/> <br/> == Chapter 10 The interaction of demand and supply == <br/> <br/> == Chapter 11 Consumer and producer surplus == <br/> <br/> =Section 3 Government microeconomic intervention= == Chapter 12 Reasons for government interventions in markets == <br/> <br/> == Chapter 13 Methods and effects of government interventions in markets == <br/> <br/> == Chapter 14 Addressing income and wealth inequality == <br/> <br/> =Section 4 The macro economy= == Chapter 15 National income statistics == <br/> <br/> == Chapter 16 Introduction to the circular flow of income == <br/> <br/> == Chapter 17 Aggregate demand and aggregate supply analysis == <br/> <br/> == Chapter 18 Economic growth == <br/> <br/> == Chapter 19 Unemployment == <br/> <br/> == Chapter 20 Price stability == <br/> <br/> =Section 5 Government macroeconomic intervention= == Chapter 21 Government macroeconomic policy objectives == <br/> <br/> == Chapter 22 Fiscal policy == <br/> <br/> == Chapter 23 Monetary policy == <br/> <br/> == Chapter 24 Supply-side policy == <br/> <br/> =Section 6 International economic issues= == Chapter 25 The reasons for international trade == <br/> <br/> == Chapter 26 Protectionism == <br/> <br/> == Chapter 27 Current account of the balance of payments == <br/> <br/> == Chapter 28 Exchange rates == <br/> <br/> == Chapter 29 Policies to correct imbalances in the current account of the balance of payments == <br/> <br/> =Section 7 The price system and the micro economy= == Chapter 30 Utility == <br/> <br/> == Chapter 31 Indifference curves and budget lines == <br/> <br/> == Chapter 32 Efficiency and market failure == <br/> <br/> == Chapter 33 Private costs and benefits, externalities and social costs and benefits == <br/> <br/> ==Chapter 34 Types of cost, revenue and profit, short-run and long-run production == <br/> <br/> == Chapter 35 Different market structures == <br/> <br/> == Chapter 36 Growth and survival of firms == <br/> <br/> == Chapter 37 Differing objectives and policies of firms == <br/> <br/> =Section 8 Government microeconomic intervention= == Chapter 38 Government policies to achieve efficient resource allocation and correct market failure == <br/> <br/> == Chapter 39 Equity and redistribution of income and wealth == <br/> <br/> == Chapter 40 Labour market forces and government intervention == <br/> <br/> =Section 9 The macro economy= == Chapter 41 The circular flow of income == <br/> <br/> == Chapter 42 Economic growth and sustainability == <br/> <br/> == Chapter 43 Employment and unemployment == <br/> <br/> == Chapter 44 Money and banking == <br/> <br/> =Section 10 Government macroeconomic issues= == Chapter 45 Government macroeconomic policy objectives == <br/> <br/> == Chapter 46 Links between macroeconomic problems and their interrelatedness == <br/> <br/> == Chapter 47 Effectiveness of policy options to meet all macroeconomic objectives == <br/> <br/> =Section 11 International economic issues= == Chapter 48 Policies to correct disequilibrium in the balance of payments == <br/> <br/> == Chapter 49 Exchange rates == <br/> <br/> == Chapter 50 Economic development == <br/> <br/> == Chapter 51 Characteristics of countries at different levels of development == <br/> <br/> == Chapter 52 Relationship between countries at different levels of development == <br/> <br/> == Chapter 53 Globalisation == <br/> <br/>
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