1.  1.     Methodsof measuring elasticity of demand and their meaning.

2.  2.     Abnormaldemand curves.
3.    Choosingan optimal structure of household consumption.
4.    Shortrun production function. The law of diminishing marginal productivity.
5.    Longrun costs of production. Economies and diseconomies of scale.
6.    Equilibriumin perfect competition.
7.    Monopolyequilibrium.
8.    Oligopolists’strategies.
9.    Factorsthat determine competitiveness of companies.
10.  Labour supply curve. The labour-leisuretrade-off.
11.  Income distribution metrics. Lorenzcurve and Gini coefficient.
12.  Government budget-revenues, expensesand their evolution.
13.  Budget deficit and policy solutionsaimed at its reduction.
14.  Central bank and its methods ofinfluencing the supply of money.
15.  Business cycle theories.
16.  Types of unemployment-neoclassical andKeynesian approach.
17.  Causes of unemployment.
18.  Government’s labour market policies.
19.  Causes of inflation (the main theoriesof inflation) and methods to control inflation.
20.  Relative between inflation and unemployment.