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Microeconomics (12.1)
- What Do We Need to Succeed on Markets?
- Basic and Expanded Circular Flow of the Economy
- Production Factors Labour and Capital
- The Power of the Suppliers – the Powerlessness of the Consumers
- Production Functions
- Cost Functions
- Supply Function and Price Limits
- Aggregate Supply of a Single Economy
- Measurability of Utility
- Individual Household Consumer Demand
- Aggregate Household Consumer Demand
- Elasticity of Demand
- Who Possesses Power on Markets?
- Price Formation on Perfect Competition
- Price Formation on Imperfect Competition
- Political Price-fixing
Fiscal Policy (12.2)
- What is Wealth?
- Expanded Circular Flow of the Economy Including Economic Activity of the State and Foreign Countries
- National Income Accounting
- Economic Cycles
- Economic Growth
- Unemployment
- Can the State Guarantee Wealth?
- Revenue and Spending Policy Instruments
- Multiplier Effect
- Trade Cycle Theory
- Theories and Concepts of Economic Policy
- Social Policy
- Labour Market Policy
Money and Labour Markets (13.1)
- Inflation
- Measuring the Value of Money
- Non-monetary Theories of Inflation
- Effects of Inflation
- How Much Money Does the Economy Need?
- Money Stock Concepts
- Credit Creation
- Instruments of the ECB and Their Effects
- Theory of Interest
- Controversy between Fiscalists and Monetarists
- The Economy Grows but I Still Haven’t Got a Job
- Unions and Employers‘ Organisations
- Freedom of Collective Bargaining
- Wage concepts
Structural Adjustments and Foreign Trade (13.2)
- Export Nation Germany?
- Balance of Payments
- Structure of German Foreign Trade
- Unbalance of Payments and Reasons
- Foreign Trade and Exchange Rates
- Stabilisation Policy with Fixed and Floating Exchange Rates
- Effects of a Changing World on the Structure of Our Economy
- Reasons for Structural Changes
- Structural Adjustment Policy
Studying Skills
Vocabulary
Miscelleaneous
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