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Gillespie: Foundations of Economics

Multiple choice questions

Unit 1
What is economics?
Unit 2
The production possibility frontier (curve): the PPF or PPC
Unit 3
Demand
Unit 4
The elasticity of demand
Unit 5
Supply
Unit 6
Market equilibrium
Unit 7
The free market system: advantages and disadvantages
Unit 8
Intervening in the market system
Unit 9
Costs: short run and long run
Unit 10
Revenues, costs and profits
Unit 11
Perfect competition
Unit 12
Monopoly
Unit 13
Oligopoly
Unit 14
Monopolistic competition and non-price competition
Unit 15
Barriers to entry and price discrimination
Unit 16
Integration and competition policy
Unit 17
Business objectives
Unit 18
The labour market
Unit 19
Introduction to macroeconomics
Unit 20
Equilibrium in the economy
Unit 21
National income and the standard of living
Unit 22
Economic growth and the economic cycle
Unit 23
Aggregate demand, aggregate supply and the price level
Unit 24
Consumption
Unit 25
Investment
Unit 26
Fiscal policy
Unit 27
Unemployment
Unit 28
Money
Unit 29
Inflation
Unit 30
Exchange rates
Unit 31
International trade
Unit 32
The European Union
Unit 33
Developing economies
Unit 34
Globalisation