Patrick Lam's Economics Resources

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Below is a selection of my notes used in the 'A' Level Economics Course of the University of Cambridge Local Examination Syndicate (UCLES) in the United Kingdom. It incorporates the following topics:

Chapter 1 Introduction
Economics Jargons, Econometrics, Economic Systems, Opportunity Costs, Circular Flow of Income, Externalities, Macro-economics
Chapter 2 Supply & Demand
Demand, Determinants of Demand, Supply, Determinants of Supply, Price & Output Determination, Elasticity, The Time Dimention
Chapter 3

The Labour Market & Unemployment
Voluntary & involuntary Unemployment, Keynesians' view on Unemployment, Unemployment in the UK, Methods of measuing unemployment, Disaggregating Unemployment Statistics, International Comparisons, Why did unemployment increase?, Why did these adverse developments have such an effect on unemployment?, Sources of persistence in EU unemployment

More Notes More Notes Downloadable in Microsoft Word 97 and WinZip formats
prize essay Prize Winning Economics Essay

International Economics
On 15 February 1994, in an analysis of world-wide recession, the 'Guardian' stated that 'those in charge of a country's finances have to take into account what is happening in the rest of the world'
Comment upon the significance of this principle for policy makers in developed and developing economies.



REFERENCES to All the notes (EXCLUDING the essay)




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