1. Definitions of Economics
Description: Explains the meaning of economics.
Core Concepts: Definitions of economics.
2. Meaning of Economics
Description: Explains the meaning and branches of economics, economic problems and the factors of production.
Core Concepts: Meaning of economics.
3. Basic Problems of Economy and Efficient Use of Resources
Description: Explains economic efficiency in production, allocation, distribution and welfare admits scarcity on Investopedia.
Core Concepts: Basic problems of economy and efficient use of resources.
4. Scarcity
Description: Analogy explaining the necessity and scarcity as root cause of economic problems.
Core Concepts: Scarcity.
5. Economic Problems
Description: Explains the fundamental economic problems and its impact on individual, business and government.
Core Concepts: Economic problems.
6. Economic Growth
Description: Explains how to measure economic growth and the need of equal distribution of wealth.
Core Concepts: Economic growth.
Link: Video on economic growth
7. Economic Development
Description: An overview of economic development explained.
Core Concepts: Economic growth.
8. Economic Growth and Development
Description: Comprehensive differentiation of economic growth from economic development.
Core Concepts: Economic growth and development.
9. Opportunity Cost
Description: Explains opportunity cost and how it can help in making profitable decision making.
Core Concepts: Economic growth and development.
10. Production Possibility Curve
Description: Explains production possibility curve and how it can help in deciding optimum product mx for the organisation.
Core Concepts: Production possibility curve.
Link: Video on production possibility frontier curve
Description: Graphical explanation of the concept of production possibility curve.
Core Concepts: Production possibility curve.
11. Developed Vs Developing Economies
Description: Explains the feature of the developed and developing countries.
Core Concepts: Developed Vs developing economies.
12. Types of Economic Systems
Description: Paper on economy and its types.
Core Concepts: Types of economic systems.
13. Economic systems
Description: Paper on comparative study of economic systems.
Core Concepts: Economic systems.
Link: Weblink on comparative study of economic systems
Description: Explains the meaning of capitalism and socialism and their evolution.
Core Concepts: Economic systems.
14. Mixed Economy
Description: Explanation of the meaning and features of mixed economy.
Core Concepts: Mixed economy.
Link: Weblink on mixed economy
15. Planned Economy
Description: Explains the meaning and features of planned economy and its evolution.
Core Concepts: Planned economy.
16. Unemployment in Bhutan
Description: Relevant sites access data and information regarding unemployment in Bhutan.
Core Concepts: Unemployment in Bhutan.
17. Poverty
Description: Relevant sites to access data and information of the poverty in Bhutan.
Core Concepts: Poverty.
18. Service Sector in Bhutan
Description: Relevant sites to access data and information on the service sector (tourism) in Bhutan.
Core Concepts: Service Sector in Bhutan.
19. Money
Description: Detailed explanation of meaning and functions of money.
Core Concepts: Money.
Link: Meaning and function of money
Description: Comprehensive account on the meaning, etymology, evolution, properties and functions of money.
Core Concepts: Money.
Link: Webpage on money
Description: Paper on meaning, evolution and functions of money.
Core Concepts: Money.
Link: Webpage on money
20. Banks
Description: Relevant sites to access information of the commercial banks in Bhutan.
Core Concepts: Banks.
Links:
21. Financial Institutions
Description: Explains the services provided by the financial institutions in Bhutan and their operation.
Core Concepts: Financial institutions.
22. Credit Creation by Commercial Banks
Description: Explains how commercial banks create credits from the deposits received from the savers with an example.
Core Concepts: Credit creation by commercial banks.
Link: Video on credit creation by commercial banks
Description: Explains the credit creation by commercial banks through money multiplier.
Core Concepts: Credit creation by commercial banks.
23. Inflation
Description: Explains the concept of inflation and its impacts on living.
Core Concepts: Inflation.
Description: Explains the mechanism of inflation based on demand pull and cost push inflation.
Core Concepts: Inflation.
Link: Video on causes of inflation
Description: Explains the meaning, types causes and effects of inflation.
Core Concepts: Inflation.
Link: Video on key stage five class XI-XII
Description: Relevant websites to access data and information on inflation in Bhutan.
Core Concepts: Inflation.
24. Inflation- Causes and Solutions
Description: Sample problems to conduct case study on inflation in Bhutan.
Core Concepts: Inflation- causes and solutions.
25. Index Number
Description: Numerical example of the construction of consumer price index using various methods.
Core Concepts: Index number.
Link: Video on CPI- method of construction
Description: Numerical example of the construction of simple index number.
Core Concepts: Index number.
Link: Video on simple index
Description: Website to access data of consumer price index of Bhutan.
Core Concepts: Index number.
