The Economics of Life Inji Amr. 1. Quick Theoretical Overview 2. How the Economy Affects You 3. How YOU can Affect the Economy.

Slides:



Advertisements
Similar presentations
9 The Economy and Business Activity 9 The Economy and Business Activity.
Advertisements

Unit 2 : Macroeconomics National Council on Economic Education Macroeconomic Questions Why does output fluctuate? What determines.
3.5 - Unemployment - Measuring Unemployment - Changes in Employment Status - In Touch With the Macroeconomy: - Labor Market Data - How Long Are People.
Introduction Macroeconomics is the study of the structure and performance of national economies and of the government policies used to influence economic.
The Importance of Macroeconomics
Why should an MBA student, study Macroeconomics ?.
Canada Macroeconomics. GDP GDP stands for the gross domestic product. This is the number for how much percentage of economic growth has happen in a specific.
 Productivity decreases  Unemployment rate increases  Inflation from 1.6% to 9%  Interest rate increase  Government Increased Role 1. Regulation.
Bellwork: What is one thing you know or think you know about the study of economics???
BUSINESS ECONOMICS Class 3 26 November, Recap – Unit 4  Market Structure  Monopoly  Imperfect Competition  Perfect Competition  Pricing  Determination.
BTEC Level 3 Business Unit 1 Assignment 2 P5, M2.
What is the difference? Needs: Something that is required Wants: Something that is “nice to have” but not required.
 The Bank of Canada is in charge of all money supply. ◦ Regulates the amount of money in the system.
Organization of the U.S. Economy Why does the federal government collect revenue? – Two reasons: Help stabilize the economy Promote economic growth – Raise.
Begin $100 $200 $300 $400 $500 Key Terms Economic Theories GDP/Inflations Government Policies Unemployment/EmploymentGraphs.
1 Ch. 7. At Full Employment: The Classical Model The relationship between the quantity of labor employed and real GDP What determines the full-employment.
Unit Two Macroeconomic Tools. Circular Flow See the chart on the board A little more detail.
How The Macro economy Works
The Political and Legal Environment
Economic Growth GDP (Gross Domestic Product) GDP (Gross Domestic Product) Total Output = Total Production.
A Dynamic Analysis of Kansas Tax Reform Todd Davidson Fiscal Policy Analyst, Kansas Policy Institute 4/2/2013.
18-1 Macro ECONOMIC THEORY VS. REALITY Who makes the decision and what are the choices?
LEGAL REGULATION OF MONEY CIRCULATION Money circulation - the movement of money in the domestic turnover of cash and non-cash forms, serving circuit products,
LA Comprehensive Curriculum Free Enterprise Guiding Questions.
Economic Ups & Downs Activity Test Review. What is real gross domestic product? O Total market value of all final goods and services produced within the.
Tutorial 1 Introduction to Economics 1. LEARNING OUTCOMES The term “economy” 2. Difference between microeconomics and macroeconomics; 3.The three basic.
Phases of the Business Cycle Manufacturing Labor Hours
The Economic or Business Cycle. Measuring Economic Growth We calculate the value of a country's output or wealth generated in a year by measuring GDP-Gross.
RECAP LAST CLASS. ECONOMIC ENVIRONMENT FOR BUSINESS Maximisation of Shareholders wealth ID FD DD NEW PROJECTS RAISING CAPITAL PAY OR INVEST ACQUISITION.
Fiscal Policy and the Multiplier. Unemployment Economic Growth.
Macroeconomics. Chapter One Introduction Macroeconomics : 1. Definition - macroeconomics is concerned with the behavior of the economy as a whole-----booms.
Economics Chapter 17 Stabilizing the National Economy.
What the Bank of Canada Tries to Do Economics 11 Stewart.
Market and Command Economies
Dr. Ahmed M. Darwish Minister of State for Administrative Development Egypt Making Reform Happen “Structural Priorities in Times of Crisis” OECD - Paris.
Section C: Part 2 Government policies to deal with the macroeconomic objectives Chapter 37: Economic policy and policy instruments.
ECONOMIC SYSTEM COMPONENTS Private Ownership l Control of productive resources land labor capital that are used to produce goods and services.
Economic Growth and Measurement. Economic Goals  Economic Freedom  Economic Stability  Economic Security  Economic Equity  Economic Efficiency 
What Macroeconomics is about Structure and performance of national economies Policies that governments formulate and use to affect economic performance.
In assessing the health and development of an economy, macroeconomists focus on:  Real GDP  Unemployment  Inflation 1©2013 McGraw-Hill Ryerson Ltd.Chapter.
Economists are interested in 4 main questions… 1.Economic growth Has our economy grown in the last year, and is our capacity to product goods and services.
AQA Economics Unit 4 The National and International Economy.
SESSION 9: ECONOMIC GROWTH Talking Points Economic Growth 1. Economic growth is defined as a sustained rise over time in a nation’s production of goods.
Monetary Policy. Monetary Policy = it refers to what the Federal Reserve does to influence the amount of money and credit in the economy. What happens.
This section examines the relationships between organisations and their external environment. Candidates should understand the opportunities and threats.
Weaknesses of Monetary Policy. 1. Impact Lag: It has been noted by many economic commentators that there can be a significant impact lag associated with.
Monetary Policy and the Interest Rate. Fed Goals ● Fed Goals: Economic growth and price stability (inflation control) ● When the Fed wants to lower interest.
Overview of the EU Economy in Summary from Economist February 18, 2016.
Georgia Council on Economic Education w w w. g c e e. o r g Focus: Understanding Economics in Civics and Government LESSON 4 What Are The Economic Functions.
Unit 8 Day 3 Govt Policies w/i the Economy. Fiscal PolicyMonetary Policy Definition is the use of govt expenditure and revenue collection to influence.
MONETARY POLICY. What is it?  The use of interest rates and the money supply to control aggregate demand in the economy.
Economics Learning Steps 9/9/14. Complete SSEMA1 Unemployment Post. Quiz & SSEMA2 Fiscal Policy Pre. Quiz.
SSEMA3 The student will explain how the government uses fiscal policy to promote price stability, full employment, and economic growth.
OBJECTIVES OF GOVERNMENT POLICY
Macroeconomics Lecture 12 Revision.
What kind of problems do you think an economist tries to solve?
Macro – Economic Indicators
Mr. Bernstein What Entrepreneurs Contribute, pp September 2017
A look at Inflation and Unemployment as Economic Indicators
Quick Review What is GDP? What is CPI? What is unemployment?
PEST Analysis ENT Entrepreneurial Creation By: Kimille Miller
SSEMA3-Explain how the government uses fiscal policy
The Role of Government Actions that Impact the Economy
Macroeconomic Questions
A Preview of Macroeconomics.
ECONOMICS: November 14 Warm-up If the economy is experiencing a recession, what might the Fed do to address the situation? (Hint: 3 options) Learning.
All assignments for the unit must be turned in by TOMORROW
Unit 1, Lesson 2 What Do Economists Study?
Economic Ups and Downs.
Presentation transcript:

The Economics of Life Inji Amr

1. Quick Theoretical Overview 2. How the Economy Affects You 3. How YOU can Affect the Economy

ResourcesUses

GDP GrossDomesticProduct

Complete Government Intervention/ Control No Government Intervention/ Control

1. Economic Growth $ 150 billion 5.6% Growth in % Forecasted Growth in 2011

2. Curbing Inflation Inflation Affordability of Goods & Services The Value of Money

3. Generating Employment Unemployed Willing – Labour Force Capable Egypt

Monetary Policy Fiscal Policy Government

Always ask yourself: What is the Opportunity Cost?

How can YOU affect the economy?

Saving DecisionsInvestment DecisionsConsumption Decisions

All Decisions Are Economic Decisions

Go Local

Be Fuel Efficient

ECONOMIZE!

Go Entrepreneurial

Policies Opportunities Budgetary Decisions Jobs Regulations Political Participation Consumption Decisions Saving & Investment Decisions Entrepreneurial Ideas

Take control of the Economics of YOUR Life.

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.