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Economics - J205

4セクション

Introduction to Economics

Main economic groups and factors of production
The basic economic problem

The role of markets and money

The role of markets
Demand
Supply
Price
Competition
Production
The labour market
The role of money and financial markets

Economic objectives and the role of government

Economic growth
Low unemployment
Fair distribution of income
Price stability
Fiscal policy
Monetary policy
Supply side policies
Limitations of markets

International trade and the global economy

Importance of international trade
Balance of payments
Exchange rates
Globalisation

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