HKDSE | Economics | Free Study Resources

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• Basic Economic Concepts

• 01

  Economics as a social science

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• 02

  Scarcity, choice and opportunity cost

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• 03

  The three basic problems

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• 04

  Competition and discrimination

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• 05

  Production and consumption

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• Firms and Production

• 01

  Ownership of firms

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• 02

  Types/stages of production

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• 03

  Types of goods and services produced

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• 04

  Division of labour

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• 05

  Factors of production

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• 06

  Production and costs in the short run and long run

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• 07

  The objectives of firms

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• Market and Price

• 01

  Law of demand

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• 02

  Law of supply

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• 03

  Market equilibrium

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• 04

  Interaction between demand, supply and price

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• 05

  Price elasticity of demand and supply

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• 06

  Market intervention

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• Competition and Market Structure

• 01

  Perfect competition and imperfect competition (monopolistic competition, oligopoly and monopoly)

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• Efficiency, Equity and the Role of Government

• 01

  Efficiency

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• 02

  Equity

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• 03

  Policy concerns

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• Measurement of Economic Performance

• 01

  National income

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• 02

  General price level as measured by Consumer Price Index and implicit price deflator

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• 03

  Unemployment and unemployment rates

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• 04

  Recent trends of national income, general price level and unemployment in Hong Kong

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• National Income Determination and Price Level

• 01

  Aggregate demand (AD)

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• 02

  Aggregate supply (AS)

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• 03

  The determination of level of output and price

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• Money and Banking

• 01

  Money

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• 02

  Banks: functions and services

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• 03

  Money creation and contraction

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• 04

  Money demand, money supply and interest rate determination

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• 05

  Hong Kong as a financial centre

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• Macroeconomic Problems and Policies

• 01

  Inflation and deflation

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• 02

  Government budget

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• 03

  Business cycles: a description of the short run fluctuations in real GDP around the long run trend

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• 04

  Unemployment

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• 05

  Fiscal policy and Monetary policy

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• International Trade and Finance

• 01

  Free trade and trade barriers

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• 02

  Brief introduction to the balance of payments account

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• 03

  Exchange rate

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• Microeconomics Extension

• 01

  Monopoly pricing & price discrimination

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• 02

  Anti‑competitive behaviours & competition policy

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• Macroeconomics Extension

• 01

  Extension of trade theory

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• 02

  Economic growth & development

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