Year 3 Economics moves from microeconomics into macro and trade before WASSCE. This planner follows that sequence week by week.
First Semester (Weeks 1-12)
- Elasticity: price, income and cross elasticity of demand.
- Consumer theory: substitution and income effects.
- Economies of scale: economies versus diseconomies compared.
- Market structures: firm and industry equilibrium, and price discrimination.
Second Semester (Weeks 13-24)
- Supply and distribution: elasticity of supply, and distribution channels.
- Price controls: price floors, ceilings and their impact.
- Public finance: government revenue, expenditure and taxation.
- International trade: comparative advantage and exchange rates.
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