Economics Online Class

Mind Map - 7 - Functions of Money

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History of Economics
Unlimited Wants and Limited Resources
Opportunity Cost Analysis
Introduction to Economic Systems
Command Economic System
Capitalist Economic System
Division of Labour and Specialisation
Production and Productivity
Sectors of Production
Changes in Sectors of production
Factors of Production
Costs of Production
Private and Public sectors
Sole Trader
Partnership
Limited Companies
Merits and Demerits of Limited Companies
Multinational Company
Franchise and Co-operatives
Public Sector Business Organisations
Evolution of Money
Functions and characteristics of money
Central bank
Commercial Bank
Stock Exchange
Corssword puzzle on financial institutions
Determinants of Demand for Labour
Determinants of supply of labour
Occupational mobility of labour
Geographical Mobility of Labour
Individual’s Choice of occupation
Wage differentials
Trade Union
Labour Market Imperfection
Government intervention on Labour Market
Demand
Supply
Movement along with Demand Curve
Movement along with supply curve
Shift of Demand Curve
Shift of supply curve
Equilibrium
Disequilibrium
Effect of increase in demand
Effect of decrease in demand
Effect of Increase in supply
Effect of decrease in Supply
Price elasticity of demand
Degrees of Price Elasticity of Demand
Income and Cross Elasticity of Demand
Price elasticity of supply
Factors Influencing Objectives of Firms
Revenue Concepts
Perfect Competition
Price and Output - Perfect Competition
Monopoly
Price and Output – Monopoly
Growth of Firms
Survival of small firms
Location of Industry
Internal and External Growth
Integration
Economies of Scale
Internal and External Economies of Scale
Internal and External Diseconomies of Scale
Consumption Expenditure
Savings and Investment
Government Policy Objectives
Policy Instruments and Conflicts
Direct and Indirect Tax
Principles and Structure of Taxation
Consequences of taxation
Economic Development
Economic growth
Inflation
Demand pull inflation
Cost Push Inflation
Types and Consequences of Inflation
Index Numbers
Unemployment
Types of Unemployment
Consequences of Unemployment
Measures to Reduce Unemployment
National Income
Factors Affecting Population
Distribution of population
Optimum Population
Population pyramid
International Trade
Balance of payment
Exchange Rate
Causes of Exchange Rate Fluctuations
Consequences of Exchange Rate Fluctuations

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Mind Map - 7 - Functions of Money

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