SSS 2 Economics – QEFAS

Course Content

First Term

Lesson 1 – STUDENT READINESS 3 Topics

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Topic 1.1 – Assessment Test

Topic 1.2 – Basic Tools for Economic Analysis

Topic 1.2 – Measure of Central Tendency (mean, median, mode using grouped data)

Lesson 2 – MEASURE OF DISPERSION RANGE, VARIANCE, MEAN, DEVIATION, STANDARD DEVIATION 1 Topic

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Topic 2.1 – Simple Linear equation(Simultaneous equation )

Lesson 3 – THEORY OF CONSUMER BEHAVIOUR 2 Topics

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Topic 3.1 – Concepts of utility (TU, AU, MU)

Topic 3.2 – Law of Diminishing Marginal Utility and Demand Curve, Utility Maximization

Lesson 4 – DEMAND and SUPPLY 4 Topics

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Topic 4.1 – Change in Quantity Demanded

Topic 4.2 – Change in Demand

Topic 4.3 – Change in Quantity Supplied

Topic 4.4 – Change in Supply Effect of Changes in Demand and supply on equilibrium price and quantity

Lesson 5 – ELASTICITY OF DEMAND 2 Topics

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Topic 5.1 – Meaning, Types and Measurement of Elasticity of Demand (Graphical Illustration)

Topic 5.2 – Importance of Elasticity of Demand to Customers, Producers and Government

Lesson 6 – ELASTICITY OF SUPPLY 2 Topics

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Topic 6.1 – Meaning, Types and Measurement of Elasticity of Supply (Graphical Illustration)

Topic 6.2 – Importance of Elasticity of Demand to Consumers Producers and Government

Lesson 7 – INCOME ELASTICITY OF DEMAND 3 Topics

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Topic 7.1 – Definition

Topic 7.2 – Types (Positive and Negative)

Topic 7.3 – Measurement of Income Elasticity of Demand

Lesson 8 – CROSS ELASTICITY OF DEMAND 1 Topic

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Topic 8.1 – Measurement of Cross Elasticity of Demand

Lesson 9 – PRICE CONTROL 3 Topics

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Topic 9.1 – Legislation

Topic 9.2 – Meaning

Topic 9.3 – Types(Minimum and Maximum)

Lesson 10 – RATIONING AND HOARDING 3 Topics

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Topic 10.1 – Meaning of Rationing and Hoarding

Topic 10.2 – Effect of Rationing and Hoarding

Topic 10.3 – Black Market and It’s Effects

About Instructor

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8 Courses

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