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Course Topics - Select any (demo) topic for a free sample


AD- C + I

AD- G + (X-M)

AD/AS Model

Aggregate Supply


Basic Concepts-Central Ideas (demo)

Basic Concepts-Resources (FOP) (demo)

Business Cycle

Business Growth

Business- Sectors of the Economy


Business-Competition & global connections

Business-Employee/employer relationships


Business-Financial records

Business-Goals & Entrepreneurship


Business-Legal influences

Business-Marketing Mix (Price & Promotion)

Business-Marketing Mix (Product & Place)

Business-Markets Overview

Business-Operational issues

Business-Organisational Charts


Business-Sustainability & the business cycle

Business-Types of Ownership


Circular Flow Model- Basic ideas

Circular Flow Model-Full Model

Consumer/Producer Surplus-Basics

Consumer/Producer Surplus-Price Controls

Consumer/Producer Surplus-Subsidy

Consumer/Producer Surplus-Tax

Consumer/Producer Surplus-Trade

Core-Basic Concepts




Core-The Market

Cost-Benefit Analysis (CBA)

Costs-Accounting & Economic

Costs-Basic Concepts

Costs-Break-Even/Shut-Down/Diminishing Returns

Costs-Cost Curve Relationships

Costs-Economies of Scale


Demand-Basics Concepts


Demand-Types of Goods & Services


Economic Growth-Causes/Costs & Benefits

Economic Growth-Different Measures

Economic Growth-Savings/Investment

Economic Systems

Elasticity-Calculations (Ep, Es, Ey & Ex)

Elasticity-Cross (CED)

Elasticity-Demand, Basics

Elasticity-Demand, Calculations/Uses

Elasticity-Income (YED)

Elasticity-Supply, Basics

Elasticity-Supply, Calculations

Exchange Rates-Basics

Exchange Rates-Forex Market


Fiscal Policy


Imperfect Competition-Features

Imperfect Competition-Monopoly

Imperfect Competition-MR=MC (Equilibrium )

Imperfect Competition-Revenue Curves

Inflation-Causes of

Inflation-General Price Level Changes


Inflation-Quantity Theory of Money (MV=PQ)

Inflation-Real Values

Inflation-The Consumer Price Index


Labour Market-Basics

Labour Market-Changes

Labour Market-Perfect/Imperfect

Linear Equations-Demand

Linear Equations-Supply

Linear Equations-The Market


Market Equilibrium-Basics

Market Equilibrium-Price/Output changes (Advanced)

Market Equilibrium-Price/Output changes (Basics)

Market Failure-Basics

Market Failure-Consumption Externalities

Market Failure-Income Inequality

Market Failure-Production Externalities

Monetary Policy



Natural Monopoly


Perfect Competition-Features

Perfect Competition-Long Run

Perfect Competition-MR=MC (Equilibrium)

Perfect Competition-Revenue Curves

Positive and Normative Statements

Price Competition & Non-Price Competition

Price Controls-Maximum Price (demo)

Price Controls-Minimum Price

Private Goods and Public Goods

Production & the Production Process

Production Possibility Curve-Basics

Production Possibility Curve-Shifts/Uses


Sales Tax and the Market

Sales Tax Incidence

Subsidy and the Market

Subsidy Incidence

Supply-Basics Concepts


Supply-side policies



Trade-Changing Pattern of Trade

Trade-Components of the Balance of Payments

Trade-Current Account Deficit

Trade-Free Trade

Trade-One Country Trade Model


Trade-Terms of Trade

Trade-Two Country Trade Model


Unemployment-Causes of/Types

Unemployment-Impacts & Policies


Utility-Deriving demand

Utility-Equi-marginal rule


Z-Behavioural Economics - Behavioural Finance

Z-Behavioural Economics - Ethics and Economic Growth

Z-Behavioural Economics - Game Theory - Introduction

Z-Behavioural Economics - Money and Happiness

Z-Behavioural Economics - Understanding Choice

Glossary of Terms

Each Glossary Term relates to a parent topic above.


Accidents in the workplace

Accounting Costs

Accounting Industry

Accounting Profit

Act of God

Actual Employment

AD/AS Model

Advantage of a subsidy

Advantages & disadvantages of batch production

Advantages & disadvantages of flow (mass) production

Advantages & disadvantages of job production

Advantages and disadvantages of verbal communication

Advantages and disadvantages of visual communication

Advantages and disadvantages of written communication

Advantages of a company

Advantages of a credit card

Advantages of a loan

Advantages of a maximum price

Advantages of a partnership

Advantages of a sole trader

Advantages of an overdraft

Advantages of centralised management

Advantages of decentralised management

Advantages of leasing

Advantages of price competition/non price competition

Aggregate Demand

Aggregate Supply

Allocation & ownership of resources in different economic systems

Allocative Efficiency

Allocative efficiency and a PPC

Analysis of a Balance Sheet

Anti-dumping laws (regulations)

Anti-inflationary policies & unemployment

Applying the equi-marginal rule


Arguments for protectionism


Assumptions made about a PPC

Average cost pricing for a natural monopoly

Average cost pricing in imperfect competition

Average Fixed Costs (AFC)

Average Tax Rate

Average Total Costs (ATC or AC)

Average Variable Costs (AVC)


Backward vertical integration

Bad debts

Bad service

Bait advertising

Balance on Current Transfers

Balance on Goods

Balance on Income

Balance on Services

Banks as a stakeholder

Barriers to communication

Barriers to entry-monopoly power

Base year

Batch production

Benefits of operating in a global business environment

Benefits of exporting

Benefits of importing

Benefits to a business of good citizenship

Best measure used to determine future output

Best measure used to determine quality of life

Black market & a maximum price

Bowed Production Possibility Curve



Business and laws

Business competition

Business Cycle

Business cycle and business

Business Finance

Business goals

Business plan

Business risk-illness & accidents

Business risk-market research

Business risk-starting up

Business risk-time to set up

Business Units


Calculating cross elasticity of demand

Calculating income elasticity of demand

Calculating price elasticity of demand

Calculating supply elasticity

Calculating the Terms of Trade

Calculating the value of consumer surplus

Calculating the value of producer surplus

Calculations & a maximum price

Calculations & a minimum price


Capital expenditure

Capital Intensive

Capital Resources

Capital stock/ Phyical capital-Supply-side policies

Carbon footprint

Causes of changes in the current account

Causes of changes in the exchange rate

Causes of unemployment

Ceiling Price


Central Bank

Centralised Management

Ceteris Paribus

Changes in components of the quantity theory of money and the impact on inflation

Changes in price and output

Changes in the AD/AS Model

Changes in the business cycle & inflation

Changes in the velocity of circulation & inflation

Channel of distribution

Charging for a Public Good


Citizenship from a business viewpoint

Clean Float



Collective Good

Command economy

Commercial economies

Commercial goals

Communication & entrepreneurs


Company tax rates-Supply-side policies

Comparing a value over a number of years

Comparing a value within a year


Complements and CED

Compliance costs

Components of the quantity theory of money

Concerns over a current account deficit

Conditions for Allocative Efficiency

Conditions required to achieve allocative efficiency

Conflict in the workplace

Consequences of failing to comply with the Health and Safety at Work Act 2015

Consequences of failing to comply with the Privacy Act 1993


Conspicuous consumption

Constant Values


Consumer confidence and AD

Consumer confidence and the impact on a business

Consumer Demand

Consumer equilibrium (maximising utility)- a single good

Consumer equilibrium (maximising utility)-two or more goods

Consumer Guarantees Act

Consumer Price Index (CPI)

Consumer Sovereignty

Consumer Surplus (CS)

Consumer Surplus-basics

Consumer Surplus-Free Trade

Consumer Surplus-Maximum Price

Consumer Surplus-Minimum Price

Consumer Surplus-Protectionism

Consumer Surplus-Subsidy

Consumer Surplus-Tax

Consumption Spending (C)

Consumption spending-the two sector model

Controlling a monopoly

Cost Benefit Analysis-Worked Example

Cost Push Inflation

Cost push inflation- exchange rate depreciates

Cost push inflation- increase in indirect taxes

Cost push inflation- increase in wages

Cost push inflation- net migration loss

Cost push inflation- price of inputs increase

Cost to Government of a Subsidy

Costs and the Employment Relations Act

Costs directly related to production

Costs independent of output

Costs of Production

Costs of production & the AS curve

Criminal damage

Cross Elasticity of Demand


Current ratio

Current Values

Cyclical Unemployment


Deadweight loss for a natural monopoly

Deadweight Loss-Free Trade

Deadweight Loss-Maximum Price

Deadweight Loss-Minimum Price

Deadweight Loss-Protectionism

Deadweight Loss-Subsidy

Deadweight Loss-Tax

Deadweight Loss/Allocative Efficiency


Decentralised Management

Decline (Product life cycle)

Decrease in quantity demanded

Decrease in quantity supplied

Decreasing returns to a factor



Demand curve and a range of elasticities

Demand elasticity

Demand for foreign exchange

Demand for Labour

Demand for labour curve-shifts

Demand Pull Inflation

Demand pull inflation- government operating (budget) deficit

Demand pull inflation- reduction in direct taxes

Demand pull inflation-falling exchange rate (depreciation)

Demand pull inflation-interest rates fall

Demand pull inflation-net migration gain

Demand schedule

Demerit Good



Derived demand

Deriving a demand schedule using utility

Deriving a Firm's Supply Curve from the Marginal Cost Curve

Deterioration in the current account

Determinants of Demand

Determinants of Supply

Developing a brand

Development (Product life cycle)

Diminishing returns and marginal costs

Direct channel

Dirty Float

Disadvantage of decentralised management

Disadvantages of a company

Disadvantages of a credit card

Disadvantages of a loan

Disadvantages of a partnership

Disadvantages of a sole trader

Disadvantages of an overdraft

Disadvantages of centralised management

Disadvantages of leasing

Discretionary income

Disdvantage of a subsidy

Diseconomies of Scale


Distinguishing between price & cost

Distribution of Income


Division of Labour (DOL)

Downward-sloping average cost curve for a natural monopoly





Economic concepts illustrated by a PPC

Economic Costs

Economic Goods

Economic Growth

Economic Profit

Economies of Scale

Education-Supply-side policies

Effective communication

Effective employer/employee relationships

Effects of Growth

Elastic Demand

Elastic demand and incidence of a subsidy on buyers & sellers

Elastic demand and incidence of a tax on buyers & sellers

Elastic supply

Elasticity and the slope of a demand curve

Elasticity and the slope of a supply curve

Elasticity of supply-Long Run Time Period

Elasticity of supply-Momentary Time Period

Elasticity of supply-Short Run Time Period

Embargo (trade barrier)

Employee responsibilities (obligations)

Employee rights (entitlements)

Employer and employee relationships

Employer responsibilities (obligations)

Employer rights (entitlements)

Employment argument for protectionism

Employment contracts benefits

Employment Relations Act 2000


Environmental goal

Environmental sustainability


Equality of Income

Equation for demand

Equation for supply

Equation of Exchange

Equi-marginal Rule


Equilibrium for imperfect competition

Equilibrium output for a natural monopoly


Equity Efficiency Trade-Off

Equity in a business

Equity of Income

Equity ratio

Equity/Efficiency trade-off

Examples of fixed costs

Examples of variable costs

Excess Demand

Excess Supply

Exchange Rate Diagram

Exchange rates & the AS curve

Exchange rates & the BOP

Exchange rates-calculating earnings for exporters

Exchange rates-calculating payment for importers

Excludable by price

Expansionary fiscal policy

Expenditure-dampening policies

Expenditure-switching policies


Explicit Costs

Export Price Index

Exports one country model

Exports two country model

Extending the life cycle

External communication

External finance for a business

External stakeholders

Externalities of Consumption

Externalities of Production


Factors of Production

Factors that can influence the level of unemployment

Factors that determine supply elasticity

Factors that Influence Investment

Factors that Influence Savings

Factors that influence the size of the labour force

False representation

Favourable movement in the Terms of Trade

Features of a demand schedule

Features of products that are elastic in nature

Features of products that are inelastic in nature

Features or characteristics of a natural monopoly

Financial economies

Financial Industry

Financial Intermediaries

Firms and Inflation

Firms Sector

Fiscal drag

Fiscal Policy-contractionary

Fit for purpose

Fixed Costs (FC)

Floor Price

Flow (mass) production

Fluctuations in Economic Activity

Foreign Sector

Forward vertical integration

Free Goods

Free Trade

Free trade-exports

Free trade-imports

Free-Rider Problem

Frictional Unemployment

Full employment and the natural rate of unemployment

Full multiplier

Funding a current account deficit


Genuine consent

Giffen good

Global business environment

Goals of a business


Government and the current account

Government Budget Deficit

Government Budget Surplus

Government ownership of a natural monopoly

Government Sector

Government Spending

Government Spending (G)

Government Tax Revenue

Greenhouse gases

Gross profit

Growth (Product life cycle)

Growth-Costs & Benefits


Guarantees in relation to goods

Guarantees in relation to services


Hard landing

Health and Safety at Work Act 2015

Hire Purchase Act

Hire Purchase and business finance

Hiring staff


Homogeneous Product

Horizontal Integration

Horizontal World Supply Curve

Household attitude and AD

Household income and AD

Household Sector

Household-the two sector model

Households and Inflation

How changes in the Terms of Trade come about

How to analyse a competitor in business

How to calculate the labour force

How to calculate the labour force participation rate

How to calculate the unemployment rate

How to calculate the value of consumer spending

How to construct a Consumer Price Index

How to construct a demand schedule

How to derive market demand

How to derive market supply

How to illustrate a per unit sales tax

How to illustrate a per unit subsidy

How to illustrate a price change on a demand curve

How to illustrate a price change on a supply curve

How to rectify conflict in the workplace

How will it be produced?

Human Resources


Imagined differences

Impact of a subsidy on consumers

Impact of a subsidy on producers

Impact of an indirect tax on consumers

Impact of an indirect tax on producers

Impact of deflation on various groups

Imperfectly Competitive Labour Market

Implicit Costs

Import licences or quotas (trade barrier)

Import Price Index

Importance of events for growth

Imports one country model

Imports two country model

Imposing a tariff

Improvement in the current account

Improving productivity

Improving productivity-Division of labour

Improving productivity-Specialisation

Incidence of a Sales Tax

Incidence of a Subsidy

Income elasticity and the importance of the coefficient

Income elasticity of demand

Income Statement

Increase in quantity demanded

Increase in quantity supplied

Increased savings & unemployment

Increased wage demands & unemployment

Increasing returns to a factor

Indirect Tax

Individual demand

Individual Price Rise

Inelastic Demand

Inelastic demand and incidence of a subsidy on buyers & sellers

Inelastic demand and incidence of a tax on buyers & sellers

Inelastic supply

Inequality and taxes

Inequality and the government

Inequality and the Lorenz Curve

Infant industry argument

Inferior Goods

Inferior Goods and YED


Inflationary expectations and AD

Inflationary Gap

Infrastructure-Supply-side policies


Intention to create a legal relationship


Interdependence-the two sector model


Interest Rates

Interest rates and AD

Interest rates and the exchange rate

Interest-reward for capital resources

Intermediary channel

Internal communication

Internal finance for a business

Internal stakeholders


Investment (I)

Investment Spending (I)

Investment-the two sector model


Invisibles (BOP)

Invitation to offer

Involuntary Unemployment

Issues that a business can face by operating online


Job production


Labour force & the AS curve

Labour force participation rate

Labour Intensive

Lack of qualifications & unemployment

Launch/Introduction (Product life cycle)

Law of Demand

Law of Diminishing Marginal Utility

Law of Diminishing Returns

Law of Supply

Layby Sales Act

Leadership & entrepreneurs



Legal activity


Limitations of the Consumer Price Index

Limited Liability

Limited Means

Linear demand function

Linear supply function

Link between greater savings or capital goods & living standards

Link between saving & investment

Liquidity problems (business goal)

Local (or domestic) market for a business

Long-term finance

Lorenz Curve

Loss leader


Luxuries and YED


Managerial economies

Managers as a stakeholder

Marginal analysis for a monopoly

Marginal analysis for a natural monopoly

Marginal analysis for perfect competition

Marginal cost for a natural monopoly

Marginal cost of labour (MCL)

Marginal cost pricing for a natural monopoly

Marginal cost pricing perfect competition

Marginal Costs (MC)

Marginal physical product of labour (MPPL)

Marginal product of labour

Marginal Propensity to Consume

Marginal Propensity to Import

Marginal Propensity to Save

Marginal Propensity to Tax

Marginal revenue product of labour (MRPL)

Marginal Tax Rate

Marginal Utility

Mark-up pricing in imperfect competition

Market Demand

Market Economic System

Market failure

Market segmentation and business

Market share and a business

Market share and business

Market Supply

Market-oriented business

Marketing Industry

Maturity/Saturation (Product life cycle)

Maximum Price Control

Measures of liquidity or solvency

Measures of Unemployment

Merchantable quality


Merit Good

Methods of primary research

Mid-point method to calculate cross elasticity of demand

Mid-point method to calculate income elasticity of demand

Mid-point method to calculate price elasticity of demand

Mid-point method to calculate price elasticity of supply

Minimum Price Control

Minimum Wage

Misleading or deceptive conduct

Mixed Economic System

Modern channel

Monetary Policy

Money flows-two sector model

Monopolist Competition

Monopoly (Monopolist)



Motives for integration

Movements along a Demand Curve

Movements along a Supply Curve

MR greater than MC (missing out on marginal profits) for imperfect competition

MR greater than MC (missing out on marginal profits) for perfect competition

MR less than MC (making marginal losses) for imperfect competition

MR less than MC (making marginal losses) for perfect competition

MUa/Price A =MUb/Price B



Natural events and business

Natural Monopoly

Natural Resources


Necessities and YED

Negative (disadvantages) outcomes of economic growth

Negative consequence for a business in a boom

Negative consequence for a business in a recession

Negative consequences for a business exporting

Negative consequences of competition for a business

Negative cross elasticity of demand

Negative Externality of Consumption

Negative Externality of Production

Net Exports (X-M)

Net profit

Net Social Welfare

No barriers to entry

Nominal GDP

Non-commercial goals

Non-excludable by price

Non-Price Competition

Non-Renewable Resources


Normal goods and inferior goods

Normal Goods and YED

Normal Profit

Normative statements



Obsolescence (Product life cycle)

Obstacles to growth

Offer and acceptance

Official Cash Rate (OCR)



One-way communication


Opportunity Cost

Optimum purchase rule

Organisational Chart for a Firm


Owner as a stakeholder



Passion & entrepreneurs

Peak (boom)

Percentage method to calculate cross elasticity of demand

Percentage method to calculate income elasticity of demand

Percentage method to calculate price elasticity of demand

Percentage method to calculate price elasticity of supply

Perfect Competition

Perfect Information (Knowledge)

Perfect knowledge perfect competition

Perfect mobility of factors

Perfectly Competitive Labour Market

Perfectly Competitive Labour Market

Perfectly inelastic supply

Place (marketing mix)

Planned Economic System

Policies concerning a natural monopoly

Policies for negative externalities of consumption

Policies for negative externalities of production

Policies for positive externalities of consumption

Policies for positive externalities of production

Policies on unemployment

Policies to promote free trade

Policy Target Agreement (PTA)

Polluter-Pays Principle

Positive (advantages) outcomes of economic growth

Positive consequence for a business in a boom

Positive consequence for a business in a recession

Positive cross elasticity of demand

Positive Externality of Consumption

Positive Externality of Production

Positive statements

Postive consequences of competition for a business

PPC illustrating a decision to produce more capital goods

PPC illustrating a decision to produce more consumer goods

PPC illustrating an increase in productive capacity

PPC illustrating an increase in real GDP


PPC-Opportunity cost



Price at which a firm will break even

Price at which a firm will shut-down

Price Competition

Price control for a monopoly

Price elasticity of demand

Price elasticity of supply

Price equals Marginal Utility (P=MU)

Price index

Price per unit a firm receives with a sales tax

Price per unit a firm receives with a subsidy

Price tag

Price Taker

Price Wars

Pricing in imperfect competition

Primary (field) research

Primary Sector

Principles of delegation

Privacy Act 1993

Private Good

Problems of a small firm


Producer Surplus (PS)

Producer Surplus-basics

Producer Surplus-Free Trade

Producer Surplus-Maximum Price

Producer Surplus-Minimum Price

Producer Surplus-Protectionism

Producer Surplus-Subsidy

Producer Surplus-Tax

Producer-the two sector model

Producers Price Index (PPI)

Product (marketing mix)

Product differentiation

Product Differentiation

Product life cycle


Production efficiency and a PPC

Production Possibility Curve

Productive Capacity


Productivity/technology & the AS curve


Profit and Loss Statement

Profit maximising rule for imperfect competition

Profit maximising rule for perfect competition

Profit-reward for entrepreneurship

Progressive Tax

Property Rights


Public Good


Qualitative research

Quantitative research





Real (actual) differences

Real flows-two sector model

Real GDP

Real Income

Real Values

Reason for a bowed PPC

Reason for a straight line PPC

Reason for the downward slope of the demand for labour curve

Reason for the slope of the supply of labour curve

Reasons for a free trade agreements

Reasons for a maximum price

Reasons for a minimum price

Reasons for a shift of the demand for labour curve

Reasons for a shift of the supply of labour curve

Reasons for a small firm

Reasons for an increase in productive capacity

Reasons for diseconomies of scale

Reasons for earning different incomes

Reasons for economies of scale

Reasons for free trade

Reasons why funds are required by a business

Reasons why government imposes taxes


Recessionary Gap

Recruitment issues for a business

Recruitment of workers

Regional and skill-based mismatch & unemployment

Regressive Tax

Related Goods

Relationship between the Terms of Trade & the current account

Removing a tariff

Renewable Resources


Rent-reward for natural resources

Reporting a business's financial performance


Retained Profits

Revenue (TR/AR/MR) imperfect competiton

Revenue (TR/AR/MR) perfect competition

Revenue expenditure

Revenue method to calculate price elasticity of demand

Risk bearing economies

Rival (or depletable)

Roles of Government

Running down stock levels


Sale of an existing asset

Sales maximisation


Savings (S)

Savings and Inflation

Savings-the two sector model


Secondary (desk) research

Secondary Sector



Setting (establishing) an exchange rate

Shape of a PPC

Shifts of the AD Curve

Shifts of the AS Curve

Shifts of the Demand Curve

Shifts of the Supply Curve

Short-term finance



Single or dominant buyer of labour

Size of a firm

Size of the basic multiplier

Skills required to run a business

Social (external) benefits-CBA

Social (external) costs-CBA

Social goal of a business

Soft landing

Sole Trader

Solutions to overcoming a skills shortage

Sources of Government Revenue


Staff recruitment

Staffing difficulties


Starter (seed) capital

Statement of Financial Position (Balance Sheet)

Sticky wages

Straight Line Production Possibility Curve

Strategic (essential industry) argument

Strategies that a firm can use to increase its market share or increase sales

Strategies to overcome bad service


Structural Unemployment

Subnormal Profit



Substitutes and CED

Sunrise industry

Sunset industry

Supernormal Profit


Supply curve and a range of elasticities

Supply elasticity

Supply in the Long-Run

Supply in the Short-Run

Supply of foreign exchange

Supply of Labour

Supply of labour curve-shifts

Supply Over Time

Supply schedule


Survival (business goal)





Tax Avoidance

Tax Evasion

Tax take and the business cycle

Technical economies

Technical Optimum

Terms of Trade

Tertiary Sector

The 45 Degree Line

The basic economic problem

The Capital Account

The community as a stakeholder

The Current Account

The customer as a stakeholder

The Fair Trading Act

The Financial Account

The foreign exchange market

The government as a stakeholder

The internet and business opportunities

The Labour Market

The Multiplier Process

The real cost of a decision

The reason for diminishing returns

The recruitment process


Three basic questions

Total Costs (TC)

Total Utility

Trade and Inflation

Trade Credit

Trade Cycle

Trade reforms-Supply-side policies

Trade Unions and Wage Determination

Trade weighted index

Trade-Weighted Index

Traditional channel

Traditional Economic System

Traits or qualities of entrepreneurs

Transport Industry

Two Country Trade Model

Two-way communication

Types of taxes

Types of Unemployment



Unemployment and migration

Unemployment benefits & unemployment

Unemployment economic effects

Unemployment rate

Unemployment social effects

Unequal rewards and income inequality

Unfair practices

Unfavourable movement in the Terms of Trade

Unique Selling Point (USP)

Unitary Demand

Unlimited Liability

Uses of the Consumer Price Index

Using utility to determine the order of purchases




Valid contract

Values conflict and compromises

Values influence decisions made

Values people hold

Variable Costs (VC)

Velocity of circulation

Verbal communication

Vertical Integration


Visibles (BOP)

Vision & entrepreneurs

Visual communication

Voluntary Unemployment



Wages-reward for human resources



Wealth and inequality

Wealth effect and AD

Weighting an index

What will be produced?

When is supply elasticity higher/lower

When will a firm break even

When will a firm shut-down

Where will a market clear

Who will get what is produced?

Why a firms experiences diminishing returns in the short run

Why can individuals not have everything they want

Why diminishing returns causes a firm's marginal costs to increase

Why investment might not take place

Why is demand limited and wants unlimited

Workers as a stakeholder

Working capital

Working-age population

World events and business

Written communication


X inefficiency

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