Basis of Economics E-Book

Sharyl Constine

• Herausgeber: Sharyl Constine
• Kategorie: Bildung
• Sprache: Englisch

Veröffentlichungsjahr: 2016

Beschreibung

This book serves primarily as the very basic and fundamental things in economy and can serve as a learning material for the curriculum in Economy 101. Sharyl Constine, a graduated Bachelor, currently working in the field of investing and finance, believes that this little book will help the students in their studies, as lots of analysis and calculations (for ex. the factors of production and their prices) have been taken into account here. The main subject is microeconomics and macroeconomics, as one could expect, as well as the role of the state in regulating businesses and domains of market failure. The basis studies the functioning of the economy as a whole. In this context, attention is focused on the most significant economic sizes: gross domestic product (GDP), inflation, unemployment, savings, investments, exchange rates etc...Sharyl Constine wrote this book on her own, when she became "The Journalist". She is a graduated economist focused on news from various sectors (investment, finance, and general economy). She believes that this book will work for anyone who is looking for a way to start working in the area from home.

Leseprobe

BASIS OF ECONOMICS

Table of Contents

Title Page

By | Sharyl Constine

September, 2016

PREFACE

ORGANIZATION OF THE HANDBASE

PEDAGOGICAL EXAMPLES

EXERCISE NR. 1 | INTRODUCTORY NOTES REVIEW

LEARNING OBJECTIVES

INTRODUCTORY NOTES | 1. TEACHING CONTENT

2. LITERATURE

3. RULES FOR LABELING

4. DRAFT TOPICS FOR THE PROJECT TASK

EXERCISE NR. 2 | ECONOMY AS HEAVY SCIENCE & BASIC ECONOMIC CONCEPTS REVIEW

LEARNING OBJECTIVES

KEY POINTS | I. THE ECONOMY AS SCIENCE

DIAGRAM OF THE ROAD MOVEMENT IN THE ECONOMY: | A simple model for the organization and functioning of the economy

Ranger Fresh, Jan Tinbergen Winners of Nobel Prize in Economics (1969), we first introduced the terms "micro-Dynamics "and" macro-dynamics "on which In economic theory, the notions were introduced Micro and macro. | II. BASIC ECONOMIC CONCEPTS

QUESTIONS FOR DISCUSSION:

EXERCISE NO. 3 | SIGNIFICANT AND DEMAND BID SUMMARY

LEARNING OBJECTIVES

KEY TERMS | III. BASIC ELEMENTS OF THE OFFER AND DEMAND

Discussion Questions:

EXERCISE NO. 4 | FUNDAMENTALS OF THE THEORY OF PRODUCTION & Cost analysis | SUMMARY

LEARNING OBJECTIVES

KEY TERMS | IV. FUNDAMENTALS OF THE THEORY OF PRODUCTION

V. ANALYSIS OF COSTS

Discussion Questions:

EXERCISE NO. 5 | PERFECT COMPETITION & Monopoly and barriers to entry SUMMARY

LEARNING OBJECTIVES

KEY TERMS | VI. PERFECT COMPETITION

VII. Monopoly and barriers to entry

Discussion Questions:

EXERCISE NO. 6 Oligopoly | SUMMARY

LEARNING OBJECTIVES

KEY TERMS | VIII. Oligopoly

Discussion Questions:

EXERCISE NO. 7 | Key macroeconomic TERMS & GROSS DOMESTIC PRODUCT SUMMARY

LEARNING OBJECTIVES

KEY TERMS | IX. Key macroeconomic TERMS

X. measurement of total economic activity - GROSSDOMESTIC PRODUCT

Warning:

Discussion Questions:

EXERCISE NO. 8 | CONSUMPTION, SAVINGS AND INVESTMENTS | SUMMARY

LEARNING OBJECTIVES

KEY TERMS | XI. CONSUMPTION, SAVINGS AND INVESTMENTS

Discussion Questions:

EXERCISE NO. 9 | CASH AND BANKS SUMMARY

LEARNING OBJECTIVES

KEY TERMS | XII. CASH AND BANKS

Discussion Questions:

EXERCISE NO. 10 | FISCAL POLICY SUMMARY

LEARNING OBJECTIVES

KEY TERMS | XIII. FISCAL POLICY

Discussion Questions:

EXERCISE NO. 11 | MONETARY POLICY | SUMMARY

LEARNING OBJECTIVES

KEY TERMS | XIV. MONETARY POLICY

Discussion Questions:

EXERCISE NO. 12 | INTERNATIONAL ECONOMY & macroeconomics TODAY | SUMMARY

LEARNING OBJECTIVES

KEY TERMS | XV. INTERNATIONAL ECONOMY

XVI. Macroeconomics TODAY

Discussion Questions:

By

Sharyl Constine

September, 2016

PREFACE

The manuscript is an internship practitioner that is only intended for Students who study the subject Basics of Economics at the School of Tourism and Hospitality Management logistics - at the University of the South Pacific (USP). The main goal is to help them master the most important topics of micro and macro economics. The level and style of the exercises are adapted to the knowledge and needs of the students from undergraduate studies. In doing so, the exercises follow the matter that is processed after the subject Basics of Economics in the Business Logistics direction. Considering this is a non-reclassified manuscript, it is not excluded the possibility that the manuscript be certain Deficiencies that need to be objectively perceived and overcome.

ORGANIZATION OF THE HANDBASE

The internship after exercises consists of twelve exercises, of which exercise no. 1 to no. 6 cover the most important topics of microeconomics, while the exercises from no. 7 to no. 12 They deal with issues of macroeconomics. Thus, in the first exercise given are general Concepts related to teaching content, basic literature, and Project proposals were presented for drafting the project task. In the second exercise the most important terms from the themes Economy as Science and Basic are emphasized Economic concepts. The basic elements of demand and supply are the themes of Third exercise. In the fourth exercise, the themes from the chapter Fundamentals of Theory are discussed of production, supplemented with discussion questions from the head devoted to Costs. The fifth exercise treats the most interesting questions about perfect Competition and monopoly, while the topic of the sixth exercise is the problem of oligopoly.

The seventh exercise begins with further clarifications on key macroeconomic ones Terms, and at the same time, there are guidelines for naming nominal GDP, real GDP and GDP Deflator. In the eighth exercise, examples are given for calculating marginal inclination towards consumption and savings, as the most characteristic terms from the topic Consumption, Saving and investment. The calculation of the credit and monetary multiplier is explained in exercise no. 9. The tenth exercise emphasizes the most interesting points of the head Fiscal policy, while the eleventh exercise reminiscent of terms from the monetary Politics. The last, exercise no. 12 is dedicated to the latest topics from the curriculum Program, and refer to International Economics and Macroeconomics today.

PEDAGOGICAL EXAMPLES

In order to enable students to more easily master the matter, understanding the more complex notions and the connection of theoretical and methodological concepts with Practice, the internal practicum contains several pedagogical tools:

Each exercise starts with a brief overview of the content that has been worked out in The head that is the subject of that exercise;

Each exercise sets out the learning objectives to be achieved by Students mastering the subject matter;

There are examples that need to bring matter closer to students, Graphically explain and make the workshop more interesting;

At the end of each exercise, several tasks and discussion questions are set up Allow students to check whether they have fully understood the matter.

The internship practitioner is assisting the students in preparing the exam after Economics Basics.