The syllabus closely follows the UOL Introduction to Economics subject guide.
The three-hour SAA Bridging Economics exam is similar in standard and format to the UOL paper, Introduction to Economics.
Learning Content & Learning Outcome
At the end of the lessons, students should be able to understand the below content and be able to apply it in the examination.
- The fundamental economic problem
- Individual Choice
- Production and behavior of the firm
- Market Structures
- Aggregation and the macroeconomic problem
- The determinants of output
- The goods market
- Money and Banking
- The IS/LM Model
Recommended textbooks:
- Begg, D., S. Fischer and R. Dornbusch Economics. (McGraw Hill, 2008) ninth edition [ISBN 9780077117870].
- Lipsey, R.G. and K.A. Chrystal Economics. (Oxford University Press, 2007) eleventh edition.[ISBN 9780199286416].
- Estrin, S. and D. Laidler Introduction to Microeconomics. (Harvester and Wheatsheaf, 1994)fourth edition [ISBN 0745014666].
- Witztum, A. Economics. (Oxford: Oxford University Press, 2005) [ISBN 0199271631].
Lesson Plan
| Session |
Topics |
| 1 |
Production Possibility Curve, Consumer Theory |
| 2 |
Consumer Theory |
| 3 |
Consumer Theory, Production and Cost |
| 4 |
Perfect Competition |
| 5 |
Monopoly and Monopolistic Competition |
| 6 |
Investment and National Income |
| 7 |
Multiplier, The Goods Market and the IS curve |
| 8 |
Money Market, Loans 7 Deposit Multiplier and the LM curve |
| 9 |
Balance Budget Multiplier, IS/LM open economy |
| 10 |
IS/LM open economy |
| 11 |
IS/LM closed economy |
| 12 |
Revision |
