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Eng Economic
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Eng Economic
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Ea. ee —dLee 102 >— conomics : cra Micro & Macro - = Ta : Sa Econnmeds a ~——Fcenemic io _Ihs__aeetal gelonce fal | — Mieroocensmizs & Marroeconemiss sire o>. shudies how indfefauale » = hustieas ie a } byauches 9} —ecounuader Wied cauclly ce. . ites —% = Becebies locale yesourees_to soda - levels» ob ccounvafe _adictly.-— a tee woods & wants. | ana ee = Le eXauitues Ibe bk ~ AfstyPbubeu |! lfovo- Feonsimfo2s— ST — &_ consuuphfon oy At SO i {| Mgrocconomfc fe about. ama = setle economic ts uuclexstaud Toe ecosudas Fuudiou. _} activttfes- H looks. at how icietduale 2 __ Economie fs Wat gockal sce 23 househelds . business. mobic decBins fs Win socfal scence fb a ~ aS | abou spending 5 Jrosuclion & prictra. abton “consumption oF Joeds 2 | It slucties how Supply $_clamnand| _a qed Betvices 5 and anclyses = chefes lad ~| —Lkeas lalhy eople buy. aertain “Whidigo, tuafetduals 5 busteses > jovernmend <& | haw business mouage, “con's te _maxiuten racch’ons ‘make te allocele + Yesourees— pte wal eet te se oo! — One Sy We certiost rerotded — eeoronsties ey Concepts economist was BUT ctutury Bc Greek, afucy 3 Jeet Heset] whe ovate | Sutely and Dewaads Ueat Laake’ 5 mecberfad HOE ccc a) |, —Mileveecousmfes curatysce Ua Tlevactiona of 4o be allocate) eppictetly to | 8ty S Dewaud ty Faalebus! wats > ove¥coue — Scayefty 5 : elevutuig Jatees S julie > 2°. -——- - Elastidly = fous peusfitec, clea ancl — Seppe) ave to Clouser prke oF “Tucan.SS yp Syvas tomatic Product % Consumey chefar Hos Jeozle atedte what to huy baset on buctget & Neferoures ; + Vedas aud Hos busfuasd ~dePlewhal 2 * how wich to Bo luce - sMekead | Shuclure eee sno pely oléjepoly | So: Reber thaws Govetmes Vegutele. ” oayle cls P ord FE ecoucutia Fables Maeve counmics: Macrotcomies £8 abeut ter economy a8 whole - Wb stuctfes 5 ~ USuqe Lihe matifona) freee 9 tnjlatbn 7 unewebyut 4, economfe srowit- books ed how Govetumiacdy use Polfetes to coubrel UA ecousuyy 2 how Curdyfee trade. watt ectely nav — 5 Types of marbicts ese coutifons \ | ae aus ae 7 aan — ET ceee “ a total value et Deeds cure} = aetyines a coudry pYectuces~ SDnenfagente lath — people __lese — Jobo 2 how “to Yeauce _Une-mploy ment - | a-\nplation: “Tn tncvease. fa prices -& #8 fmpact- ovey Sima. Le Monclay Lfical Qotlys Hos ove cuta)- Cexdval > beukeg =cetdrol WR. ecpnemy. _ in, ts oy 5+ NeXfous) ecouse eames a tours neowe, Enceae — svex time: 3 Fader 6 = |uloyuattoualHous Vou 9 Business Wke Yecessfous coudifes bap aud sell Sms ectehousy . HEeououte Ups aud — ovous aural boos -th | — Supy & Desaud _ Byutlbriue Dray nc Dante how War yrtco Supply and Dewan) _cleserthe 5 | PL Mead fs detoyminel tn marlret- Bs Surly aa a _ hw oF product sellers xe wil © Selb at Arti: Coos © Demand ZB fo how ee &_ Deduct tujen ave, ellie fo purchatatncy AReveut — wricais When aupaly ana . Datttauel Inbeyacd fiers set Wa snavkat price Yel B= phtbrion A -cthis Ywfees We syuaubthy petce SF Joos suppifat sclera {3 oqual bo in spoonbty ~ demanded by buyers. Demand Ceirves n a The lemaudeJ cuvve shewe -We Felationsliip Yo price anal qnaendtty demandeal : : S oly We price of} procud leeveasay Jeople wil) buy mora tts e— WA Jrice Tnereaset 9 People will neal, plopes teense > at Lowey prices- \e Pvejereuce 2 ov Fe clemanl curve buy “ave. — consumers dove like freome 2 > paiees 2 DE: pelpted aeelo chavgs go We — entie clewaud eave anizte leapt ov ree- Sti Curves = i 2 = Te suggys curve. shows We velabfonslife. flo rice ened usually suppliael-_ . ely pice of produal _ fneveas 9. sellers ot proance mse to. make hfjer_preift eleeredse 9 sellers wil} Me fess _ propetable “The Supply cutie Sk 2s wtrel 9 moan dusiness ve ewFlling x ell nore ab iy Pe Auge tu protection cots. teanolegy. eV. Lele WE price roctuce._ dess by Les op th Bou _puitfos cern alacet UE PRY aQue & oy flit. eDe _suayy = Market Esutlbiun (Balaue eee & Dowand)- "Supply aud Dewaud ate anu é ree market Wereuah UE eat cans = lhes supply “= cleuiluc) Lg. market — fs ejjullbyfuns == WS demand is | UPghoy [Sye0key - Wren suppl} > prices qo up. _ — \e Suppty “is. greater Dvea fe Ye-acle eaquttbetans Ths yee. a shou Lelps derfole. uta Yo Podure 5 bew fo produce st & wo Gels t- Wyo. clouiar| prtees qr dowu- | = waned oduyeullry adtuads ia sae _ Elaabiclly _mecisures how much suypuy ox cdemad chauges when price chou. oly demoud chreuaes a lob who price aa THs eladic. S wrastte tema = Chowges 5 | Bye EK. price chowge— Demeurel cho [ON bp We price op luxury ens Preven many people. “vvill stop_ buyteg Wee - Teng ditnh. becomas expausive 5 people ofl susttch to anole freed a+ Inelaetic: Demoud Csuall chauge fu elm ‘When Ua price chaugess cleus) stay eolmest We, same- a pte «lt UG madiced pifce yises 9 penple wsill oll buy a ble tuay vod + Sat ele. Business use Flastlefty + oF demaud is felautic 9 busuess cau fucrage lees & still sell proctual- SIE Aleem ts elatfe 9 busulie wea Beep jrleey tans tes atltmaah Coys uers. ee fwAn_algebrte a Eqpillatan Jrtecs ____ —-Leenody— eked), ony Pn Eel CR) eR es ae Be: tee ner Ve pice dh es ees ee i agers ee aad a syanl —% bY ~ % linge ie Sack Chena a [te Ua a OO —Pe ee eesé—SCTmfmCWmNnsLe 7 Occurs oct prices Lowey Vian exnilerts| Suna a beta fo sete eet = SDE a pherbages = a _— — ~ Whe surgtus occurs token Was r = A shorlage eccrine shen (Le __=yueuditty rs ee Viow _—a)yusidtty " dawoud | dlenaudah. ob ypeda_ov__Sedutce exceeds lac f fda prt en Wr. Sjuaattly supple al siveu pst fe Wrappeue. voban (ie price fF Tits ayeus uslen US _prtca_f8 sek 8 set above equtlbytun peers cats’ | baloss Va Equilibria pce > Leactiug to. —eut__@VeYsupiy oF _Doecda. I cg a ng __Exawgle: _Gurplus tn _lAlheat Markek- E Be Re ae —+ Supbse (uz equflbeiui price ot olvab te | are Boo pey KD a “AE UR Devermment sets We’ price of wheel +s We spve sets Utsler price tae per Fy | at. So bev Eg - gee ; i ye supp paywage | tae, Wa Undeet price ts _ $0 2 AL tB0 5 Formas Predice — unstes oot Faqwav wan. Seduce. brociuctfou soak —wabeak COuautihy acppitay = Se0s00 tow) Cousumers ll — dourctucl ure —> : Chemanrd = 3505000. tous) _ ewntig — alock — glimtosc. 2 _Surplas = t5oop0 tens Wier pbs = Bx. Mobfle prous Market fa +X company Lach _o mew surat phone ak . 2Sopee0- i 2 | Due to Ul price > ouly sooo urits ave gids Bot. coher Yretuces 12Dd0 wth | - Suypas = Teoo “Utisold » gurarkp Laer:~ Wis te _Esguttbatuy Ditee Jedudel> Fo Taue- Maa oe = EA. Jable ©. Can. Shae es “aif _patea_levela apuilbvious. rice. Ss chcho a ufudl 5. cB [witb Wie comes ional 6) — Aumand are) —Sukevadttou = sugply eucl Demand ce | up saysltitess ae k Fe price. estore, WE FJucuthy elnadcl - pice cme. 03 voays ae Se api | -2ryucle ALE aJusatity agit fs Wa — ie - Bai ic Greghfeal “welled: i a or wll, AWou we plot al emauid ae HB Currys OU a See ee ee itl pj _ __ iss Dewiinual Cwyye“alapes doiasea Corie | es Adereriae 5 Lemuel decrease). + Supyy _ernve slopes Upusard ( price Tey supply —Sneveeud)- 2 4 Te potul_ushera bell? turve “tubaset _é + 23-5 e500 _45p Ui eqjuiltviun pice & BauTrtus 23-00 sis 415 Musufy- aae m3 : s = ——— | p 24-00 5 jucudity™ stewed = nice SK doo uuits — & pal: hs Ue | | Youtty Supplied — top Urits waabilg + ob Eqquilbyiun price:ae re ine yg: EimunuderdLecase— _| Bes Seasee Watieels, Cust Byun) LengincedingEcemoug incites betp eo osdeny 4 ty in folue. cisions Sryellbaiue —putee. wualteuadteally, toa | —Stennelies teal _tafilaned _asctsn “ coer t® colby = *_otbouk: “Yesouree. -alocefan. } Rep ~ E “Whe principles ensue UAot WE — Devel j= Oats Aon~ (Sop Clyesen eptiuu fs cost. etpective p29 $4%ei 3 . — ~~ Surety eye = Qe= too taeep_ S suitable “tev ProjectRe — ebfectives. ium BccUNS Lolave. (SQd= Qe eae ee ee : the Key whefples mes | | pee - Se a ae eo IE Develop _ ie a Hernalives: ots toe 2a 2 HOOT Sepa tooy aoop | Before aking a Aectsiong eusincey Solviusy, Joy pe a fia shold _exglac ctite veut ‘options- This meas — Apt WO ISOP-VaHOP TMkiuletug ny ctinjereuk ways to Cowplehe _ Sop= _35op ~ p & Pofect athe) “eourparing = —lhiey _benastis - = —. [pz _b 4s ef ut cost “Te to ctf Way com ure _ us 5 Um eqjuilbriaa price (3 verfty. tools like — braiuelratg 5 SWS) analysis i ; ov cost beucstt mals te + Qad= doo — 180 (1-48) = 186 ; Exe Fe conc: Ustroug tod exnpeusixe) oe Qoazalovd 20 Cteta)= 186 ig gigiverl « Kay asphalt Coreaper 5 riled ! > Fougayi bot epileus 9 yeu ou pfekt © Qa=Os 5 We colekediou. coutivus | We: er ‘ — Urab tds fs Ue eaptthrdus: a = - = a Ditce - | > Eves 6, dt ypevences: = Q Whew couperiia Sptions 5 fe Eapetaul ne - to Focus “ou” Inow’ ig tiPP albey _ee a | a a _ - Siilarties. 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Buys a ursvic. tideds.WETKS—> 2 surfcuny —— I Cornpamy—p Lproget) >: Oppevuilly costs SCS —Cppertautty “oot fa Wi beuesth gon “Poe Vetfotble cots
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