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Economics Form 5 Science

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Economics Form 5 Science

Chapter 3 : Public finance

SOURCES OF GOVERNMENT REVENUE
par Claude Foumtum
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Economics Form 5 Science


Chapter 1 : Theory of Demand and Supply
THE THEORY OF DEMAND Definition of demand Individual and Market Demand Schedule Explanation of the Demand Curve (reasons why demand curve slopes downward from left to right) Determinant of demand (Factors affecting demand) THE THEORY OF SUPPLY SUPPLY CURVE CHANGES IN QUANTITY SUPPLIED AND CHANGES IN SUPPLY Determinants or Factors influencing Supply Changes in Equilibrium Price

Chapter 2 : Money and Banking
A. MONEY Barter System of Trade QUALITTES, FORMS AND FUNCTIONS OF MONEY Forms of Money (Evolution of Money) Functions of Money DEMAND FOR AND SUPPLY OF MONEY THE QUANTITY THEORY OF MONEY VALUE OF MONEY INFLATION DEFLATION

Chapter 3 : Public finance
Introduction SOURCES OF GOVERNMENT REVENUE COMPONENTS OF PUBLIC EXPENDITURES OBJECTIVES OF GOVERNMENT EXPENDITURE THE BUDGET TAXATION TYPES OF TAXES


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