Economics 1 for form five students
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TOPIC 1: SUBJECT MATTER OF ECONOMICS
1.1 Economics terminologies
Exercise 1.1
1.2 Definition of Economics
Exercise 1.2
1.3 Nature of Economics
Exercise 1.3
1.4 Micro and Macro Economics
Exercise 1.4
1.5 Economic laws
Exercise 1.5
1.6 Economic problem
Exercise 1.6
1.7 Capitalist, command and mixed economy
Exercise 1.7
TOPIC 2: PRODUCTION
2.1 Factors of production
Exercise 2.1
2.2 Scale of production
Exercise 2.2
TOPIC 3: THEORIES OF DEMAND AND SUPPLY
3.1 The concept of demand
Exercise 3.1
3.2 The law of demand
Exercise 3.2
3.3 Elasticity of demand
Exercise 3.3
3.4 Concept of supply
Exercise 3.4
3.5 The law of supply
Exercise 3.5
3.6 Elasticity of supply
Exercise 3.6
TOPIC 4: MARKET
4.1 Concept of a market
Exercise 4.1
4.2 Classification of market
Exercise 4.2
4.3 Price and quantity determination in the market
Exercise 4.3
TOPIC 5: THEORY OF THE FIRM
5.1 Concept of the firm
Exercise 5.1
5.2 Costs of production
Exercise 5.2
5.3 Laws of returns
Exercise 5.3
5.4 Economies of scale
Exercise 5.4
5.5 Diseconomies of scale
Exercise 5.5
5.6 Costs and profit
Exercise 5.6
TOPIC 6: THEORY OF MONEY
6.1 Nature and functions of money
Exercise 6.1
6.2 Inflation and deflation
Exercise 6.2
6.3 Devaluation, depreciation and appreciation
Exercise 6.3
6.4 Concept of price index
Exercise 6.4
6.5 Calculation of price index
Exercise 6.5
TOPIC 7: TRADE CYCLE
7.1 Features of trade cycle
Exercise 7.1
7.2 Causes of trade cycle
Exercise 7.2
7.3 Theories of trade cycle
Exercise 7.3
TOPIC 8: POPULATION
8.1 Population terms
Exercise 8.1
8.2 Concept of over, under and optimum population
Exercise 8.2
8.3 Theory of population
Exercise 8.3
8.4 Theory of population
Exercise 8.4
TOPIC 9: EMPLOYMENT AND UNEMPLOYMENT
9.1 Unemployment
Exercise 9.1
9.2 Employment
Exercise 9.2
TOPIC 10: PRIVATISATION
10.1 The concept of privatisation
Exercise 10.1
10.2 Types of privatisation
Exercise 10.2
10.3 Privatisation in Tanzania
Exercise 10.3
TOPIC 11: ENVIRONMENTAL ECONOMICS
11.1 The concept of environmental economics
Exercise 11.1
11.2 Pollution
Exercise 11.2
11.3 Sustainable development
Exercise 11.3
11.4 Externalities
Exercise 11.4
