Introduction to Economics

installation to Economics Lecturer: Mrs. Wang Ning Introduction to Economics Evaluation: Attendance: personal credit line Work: 10% 30% Email: wangning@cau.edu.cn Tel: 6273 7764 Office: second floor of ICB office Wang Ning - Chapter 1 & 2 1 Mid term mental test: 20% Final Exam: 40% Wang Ning - Chapter 1 & 2 2 Introduction to Economics Required Readings: 1. Microeconomics, explore and apply Ayers & Collinge 2. Macroeconomics: principles and policy Baumol and Blinder Introduction to Economics First of all, it is non difficult to study this module basically. However, you stool to encounter some new terminologies, entirely unknown speculation and principle. Over time, your confidence will increasingly grow. I turn over the process is more important than the result. You will be alright as long as you study hard, trust me. 3 Wang Ning - Chapter 1 & 2 4 Wang Ning - Chapter 1 & 2 1 Introduction to Economics Microeconomics INDIVIDUAL components of economy, much(prenominal) as the choice made by people, firms and industries. Macroeconomics Economic AGGREGATES, such as unemployment ????, output, inflation (? ???), economic growth, etc. Wang Ning - Chapter 1 & 2 5 Exercise 1. fabrication studies are examples of macroeconomic analysis. (true or false) 2. Macroeconomics looks at: a. a titanic picture; ?? b.

yet the government portion of the economy; c. only the business portion of the economy; d. the behaviour of individuals, but not of firms. Wang Ning - Chapter 1 & 2 6 Exercise 3. Which of the following is the best example of microeconomics? a. a study of new automobile prices; ?? b. evaluation of the Federal calculate; c. a statement about what ought to be; d. a record of US inflation. Microeconomics Part I Background of Economics require and Supply The Power of Prices Part II Foundation of Microeconomics snatch Consumer / Producer Behaviour Part III Output Markets (????) processed Competition, Monopoly; Monopolistic Competition, Oligopoly 7 Wang Ning - Chapter 1 & 2 8 Wang... If you want to ticktock a full essay, order it on our website: Ordercustompaper.com

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