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Economics
Macroeconomics
Microeconomics
Normative economics
Positive economics

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Optimal production
Land
Labor
Capital
What should be produced
How should it be produced
For whom to distribute output
Households
Firms
Government
Resources
Production
Product
Production possiblities curve

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( X )
(Y)

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B
25
75

C
40
20

D
80
80

E
25
20

F
0
100

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Demand
Law of demand
Demand curve
Supply
Law of supply
Suplly curve
Price
Equilibrium price
Market equilibrium
Market surplus
Market shortage
Subsitutes goods
Complements goods
Change in demand
Change in quantity demanded
Change in supply
Change in quantity supplied

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50
70
100
120
150

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70
50
35
15

10
25
50
70
90

2. Qd=8-P,
Qs=-4+2P , .
3. Qd=10-P,
Qs=-5+2P . 3 -
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4. Qd=2-P,
Qs=-6+2P . 2-
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20

5. P1 =40 P2 =90 Q1=3000 Q2=4000 .


6 .P1 =40 P2 =90 Q1=3000 Q2=1000 .
7. .
Qdx=40000-200Px+10Py-0.2Pz-0.01I
180 , 250, Z
300 15000
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. Z ?
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. 10 ?
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Elasticity
Price elasticity of demand
Price elasticity of supply
Income elasticity of demand
Cross elasticity
Superior good
Normal good
Interior good
Giffen good
Elastic
Inelastic
Unitary elastic

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1 . 1

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P
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Q
Q

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. Ei<0
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. Ei=0
8. 7- 8

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TR

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2. 30000-50000 ,
100-50 .
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10 .
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4. Qs= 20+2P .
10 .
5. Qd= 100-2P .
Ed=-0.75 .
6. 3 6
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7. 10 15
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nsumer

Consumer behaviour

Consumer preference

Utility

Marginal utility

Indifference curve

Budget line

Marginal rate of substitution
Consumer equilibrium
Income- consumption curve -
Price- consumption curve

Income effect

Substitution effect

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. TU/Q
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10. ?
. M= Px+Py
. M=PxX+ Py Y
. M= X+Y
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11. TU
. MU=0
. MU>0
. MU<0
. MU max

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1. 5000 -
. 25 , 50
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. 5500
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. 10
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2. .

50

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25

3. TU= 40x-x2 . MU=0


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4. PxX+PyY=M .
3 , 2 , 4
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5. 5000 -
. 25 , 50
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. 5500 , 4500
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6. 4000 -
. 20 , 10
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50 ?
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,
a. Total physical product
.Average physical product
. Margial physical product
. Total cost
. Average cost
. Variable cost
. Fixed cost
. average variable cost
.Average fixed cost
. Marginal cost
. Total revenue
. Average revenue
. Marginal revenue
. Profit
. Accounting profit

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1. VC+FC
2. 2. P*Q
3. Q=0
4. 4. TC/Q
5. TR/Q
6. 6. VC/Q
7. TPP/X
8. 8. TPP/X
9. AVC*Q
10. FC/Q
11.TR-TC
12. TC/Q
13. TR/Q
14. APP*X
15 TR- ( )

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1.
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. Q=0
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3. ?
. TC/ Q
. TC/Q
. TC
. TC/X
4.TPP max
. MPP .MPP=0 . MPP>0 . MPP<0
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8.
. ( P-ATC)*Q
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. TR-TC
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11. ?
.MR=0 . MR>0 . MR<0 . MR

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1.

MPP
APP

1
150
2
340
3
510
4
650
5
740
6
800
7
830
8
820
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2. .
L
TPPL
APPL
3
90
4
5
150
6
30
3.
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15
10
20
22
28
35
45

MR

MPPL
30

AR

4.
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. TC, VC, FC-
. ATC, AVC, AFC MC- .
Q
0
1
2
3
4
5
6
7
8

TC
50
100
128
148
162
180
200
225
250

FC

VC

ATC

AFC

AVC

MC

5. 100- 1000
25000- .
15 , , .
6. .
Q
TC
FC
VC
ATC AFC
0
50
1
75
2
3
4
200
5
300
6

AVC

MC

50
30
50

7. 360000 - .
500000, 200000,
100000 .
1.0 - 2.5 -
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,
. Pecfect competition
. Impecfect competition
. Monopoly
. Price leadership
. Firms goal
.Profit maximation
. Profit
. Price discrimination
. Oligopoly
. Duopoly
. Monopsony
.Excess supply
. Excess demand
. Price ceiling
. Price Floors
. Subsidy
. Tax

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7. R>P .

8. .

9.
MR=MC .

10. MC<MR
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1. ?
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2.
. TR=TC
. MR=MC
. MR>MC
. MR< MC
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4.
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0
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2
3
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TC
4
8
10
14
20
28

VC

FC

ATC

MC

TR

MR

2. TC=2q2-100 .
. 60
.
3. Q=20-p
TC=10Q+15
? , .
4. P=100-10Q,
.

MC=25+5Q

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46

Factor markets
Factors of production
The land market
The labour market
The capital market
Derived demand
Demand of inputs

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1. 50000 .
60000 . 14
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2. Ld=450-50W, Ls=100W
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3.200000- 15 10
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4.8000 - 6 960
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- Macroeconomics
- Gross National Product
/GNP/
- Gross Domestic Product /GDP/
-Net National Product
/NNP/
- National income
- Nominal GNP
- Real GNP
- Intermediate prodact
- Exports
- Imports
- Net exports
- Income method of calculating GDP
- Expenditure method of calculating GDP

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100
- , 65


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25
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120
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2. 250
100
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60 , 20



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3. 12 -
450.0
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4.
15
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26
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5. 350 -
300
?
6. 2000 280 2001
5%-
7%- 2001
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7. 1998 - 280
2000 336 .
15%-

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8. 3%- 10%-

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- Keynsian theory
- Classical theory
- Aggregate supply
- Aggregate demand
- Aggregate supply curve
- Aggregate demand curve
- Investment
- Public expenditure
- Price level
- Equilibrium Price level
- Full production
- Full employment
- Underemployment

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62

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63

1.
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2. .
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3. .
. C + I + G + X . C + G + X
. I + G + X
. C + I + G
4.
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64

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67

/
1. 65
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30 ,
50 , 120
, 110
.
2. C = 150 2P ,
I = 30, G =20 ,
AS = 80 + 3P
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100



3. ,

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68


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- Income
- Disposable income
- Consumption
- Saving
- Needs
- Marginal propensity fo save
- Marginal propensity fo consume
- Engels law
- Keynss law
- Consumption funtion
- Net investment
- Totol investment

1.

2.
3.

4.

5.
6.

7.

8.

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5. 2
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70

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71

72

7. ?
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8. ?
. C= a + .Yd
. S= -a + ( 1- ) Yd
. Yd = C+S
9. / MP / :
.

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10. ?
a. Yd / S
. Yd / C
. / Yd
. S / Yd
11. :
. 1-
. 1-
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12.
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73

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73

74

/
1. C=250+0.75*Yd
-
.

/Yd/
0
150
250

/C/

/S/

/Yd/

/C/

/S/

400
500
800

2. 60.0-80.0 14.0
.
3. /MPS/ 0.3- 50.0

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4. 60.0 48.0
. 40.0

12.0
.
5. 35.0 ,
/MPC/
0.8-
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75


, ,
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- Money
.
- Money market
.
- Demand for money
.
- Money supply
.
- Currency
.
- Cash flow
.
- Near money
.
- Fiat money
.
- Commercial bank
.
- Nominal interest rate
- Demand deposit
.
.
- Time deposit
.
- Currency outside banks
. - Equilibrium in money market
1.
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3.
4. ,

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7.

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10. ,

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77

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