Schematic Chart

Introduction

Unit One: General

Reading 1: Basic Concepts in Economics

Reading 2: The Circular Flow of Income

Unit Two: Microeconomics

Reading 1: Economics Basics: Supply and Demand

Reading 2: Estimating Supply and Demand in the World Oil Market

Unit Three: Macroeconomics: Supply and Demand

Reading 1: Aggregate Supply and Demand

Reading 2: Income and Substitution Effects

Unit Four: Macroeconomics vs. Microeconomics

Reading 1: How Can We Best Increase Our Nation’s Wealth

Reading 2: Economics as a Study of Provisioning

Unit Five: A Look at Keynes and Economics

Reading 1: Keynesian Economics

Reading 2: John Maynard Keynes

Unit Six: New Keynesian Economics

Reading 1: Change to the Classic Approach

Reading 2: Depressions in Monetary Disequilibrium

Unit Seven: Phillips Curve

Reading 1: The Successful Economy

Reading 2: Examining the Phillips Curve

Unit Eight: Government Policies

Reading 1: Fiscal Policy

Reading 2: Level of Output with Government Expenditures or Taxes

Unit Nine: Production Possibilities Frontier

Reading 1: Production Choices

Reading 2: Feasible Outputs

Unit Ten: Money and Monetary Issues

Reading 1: Money and Banks

Reading 2: Semantic Traps: Money, Income, and Wealth

Unit Eleven: Markets

Reading 1: Free Markets and Prosperity

Reading 2: Firms and Market Structure

Unit Twelve: Islamic Economics

Reading 1: Monetary Management in an Islamic Economy

Reading 2: An Introduction to Modern Islamic Economics and Finance

Unit Thirteen: Unemployment

Reading 1: Did Spain Have a 24% Unemployment Rate in 1994?

Reading 2: Unemployment Classification

References