Unit One ................................................................................................001
Text: Demand and Supply .................................................................................................001
Additional Text: Price Elasticity of Demand ....................................................................012
Unit Two ................................................................................................018
Text: Cost of Production ...................................................................................................018
Additional Text: Economies and Diseconomies of Scale .................................................027
Unit Three .............................................................................................033
Text: Monopoly ..................................................................................................................033
Additional Text: Perfect Competition ..............................................................................043
Unit Four ...............................................................................................048
Text: Oligopoly ...................................................................................................................048
Additional Text: Monopolistic Competition ....................................................................057
Unit Five ...............................................................................................062
Text: Gross Domestic Product ..........................................................................................062
Additional Text: Sources of Economic Development.......................................................071
Unit Six .................................................................................................078
Text: Inflation ............................................................................