Economics session #5

Could someone help me to understand what areas should I focus on in this session? I have prepared #4 and #6 well, but #5 is too big and I don’t think I will be able to revise it fully in the time left. It would be great if someone could point some areas that I could focus on in this session and then leave the rest to my memory. Thanks

I’ll try to list down the ones that I think are impt and a question or 2 pay popup on these in the real exam… V Imp ------- Aggregate Supply/ Aggregate Demand Fiscal Policies Monetay Policies Good to know ----------------- concept of Marginal Revenue Product Renewable vs non-renewable Economic Rent vs Opp cost Business Cycles Labor Mkt Indicators CPI/ Inflation calculation Quantity Theory of Money Cost-Push Demand-Pull inflation Philips Curve