INTRODUCTION
TO ECONOMICS
, Topic Learning
Outcomes
At the end of this topic, student should be
able to:
1.To describe economics theories
2.To discuss basic economics concepts
3.To discuss economics systems
, What is
Economics?
Economists study Economics Study of how
the choices we people use their
make and also the limited resources
consequences of to fulfill unlimited
these choices wants and need.
Microeconomics Macroeconomics
study of small individual economic studies the aggregate behavior of
units. the entire economy
ex: households, firms and industries ex: unemployment, inflation, GDP,
making choices. international trade, etc
TO ECONOMICS
, Topic Learning
Outcomes
At the end of this topic, student should be
able to:
1.To describe economics theories
2.To discuss basic economics concepts
3.To discuss economics systems
, What is
Economics?
Economists study Economics Study of how
the choices we people use their
make and also the limited resources
consequences of to fulfill unlimited
these choices wants and need.
Microeconomics Macroeconomics
study of small individual economic studies the aggregate behavior of
units. the entire economy
ex: households, firms and industries ex: unemployment, inflation, GDP,
making choices. international trade, etc
