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PENGANTAR EKONOMI Screen graphics created by
Dr. H. Mustika Lukman Arief, SE.,MM.
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INTRODUCTION OF ECONOMICS
NEED UNLIMITED RESOURCES LIMITED
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WHAT IS ECONOMICS ? Economics is the study of the ways that individual and societies allocate their limited resources to try to satisfy their unlimited needs KEY WORD : NEED UNLIMITED RESOURCES LIMITED
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Outline Introducing Mikro Ekonomi Permintaan & Penawaran
Elastisitas Permintaan & Penawaran Teori Tingkah Laku Konsumen Teori Biaya Produksi Pasar Persaingan Sempurna Pasar Persaingan Tidak Sempurna 4
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. Introducing Makro Ekonomi Pendapatan Nasional
Keseimbangan Aggregate Dua Sektor Keseimbangan Aggregate Tiga Sektor Keseimbangan Aggregate Empat Sektor Teori Penawaran Uang, Kurs dan Moneter Neraca Pembayaran & Perdagangan Pertumbuhan & Pembangunan Ekonomi 5
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Reference Economics; Book 1 & 2; PA. Samuelson
Mikro Ekonomi; Teori Pengantar; Sadono Sukirno; Edisi ketiga; 2005 Makro Ekonomi; Teori Pengantar; Sadono Sukirno; Edisi ketiga; 2005 6
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ECONOMICS RESOURCES: NEEDS: LIMITED UNLIMITED GAP INFLATION
UNEMPLOYMENT UNEQUALITY - FUNCTIONAL & - REGIONAL - INDIVIDUAL POVERTY Balance of Payment ECONOMICS PROBLEMS NR HR CR E WHAT’S HOW WHEN FOR WHOM GOODS & SERVICES CHOICES OPPORTUNITY COST
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GAP RESOURCES LIMITED : NR, HR, CR & Entrepreneur GOODS & SERVICES
CHOICES OPPORTUNITY COST
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ECONOMICS PROBLEM INFLATION UN-EMPLOYMENT
UN-EQUALITY : functional & size, regional, individual POVERTY
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TYPES OF ECONOMICS SYSTEM
TRADITIONAL ECONOMIC SYSTEM A system in which the question what, how, for whom and when are answered in the same way from generation to generation
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. COMMAND ECONOMIC SYSTEM MARKET SYSTEM
A system in which the question what, how, for whom and when are answered by a central authority MARKET SYSTEM A system in which the question what, how, for whom and when are answered through independent decision of the people. This often used interchange able with capitalism
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. MIXED ECONOMY An economics system in which there are elements of tradition, command and the market
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HOUSEHOLD ACTORS OF ECONOMY Suppliers of input factor
Demander of goods and services Payer taxes
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FIRMS Suppliers of goods and services Demander of input factor
. FIRMS Suppliers of goods and services Demander of input factor Payer of Taxes
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. GOVERNMENT To protect private property To regulate money
To produce public goods and services To assess social cost To regulate and maintain competition To promote economic growth and stability To fight poverty To eliminate discrimination To receive of taxes To send of subsidy .
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MICRO VS MACRO MICROECONOMICS MACROECONOMICS Efficiency of Resources
Maximum Satisfaction MACROECONOMICS Government Regulation Demand and Supply Aggregate Activity
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MACROECONOMICS ISSUES
HIGH PERFORMANCE GROWTH AND STABILITY IMPROVEMENT ECONOMIC PRICE STABILITY UN-EMPLOYMENT / POVERTY REDUCTION
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INFLUENCES OF MACRO ACTIVITY
PRIVATE CONSUMPTION INVESTMENT GOVERNMENT EXPENDITURE NET EXPORT ( EXPORT – IMPORT )
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MACROECONOMIC PROBLEM
ECONOMIC GROWTH UNSTABLE OF ECO ACTIVITY UNEMPLOYMENT AND INFLATION TRADE AND BALANCE OF PAYMENT
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MACROECONOMIC POLICY FISCAL POLICY MONETARY POLICY SUPPLY SIDE POLICY
Government expenditures and Taxation MONETARY POLICY Control of the money supply by the federal reserve system SUPPLY SIDE POLICY Ad Hoc policies to address specific problems
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GOAL OF MACROECONOMIC RAPID GROWTH PRICE STABILITY INCOME EQUALITY
FULL EMPLOYMENT BALANCE OF PAYMENTS EQUILIBRIUM EQUITABLE DISTRIBUTION OF INCOME
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RAPID GROWTH SHIFT PRODUCTION POSSIBILITIES CURVE AT RATE SUCH THAT JOBS ARE CREATED AT SAME RATE AS GROWTH IN LABOR FORCE
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PRICE STABILITY SHIFT AGGREGATE SUPPLY (AS) AND AGGREGATE DEMAND (AD) CURVE AT SAME RATE
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INCOME EQUALITY REDUCES PURCHASING POWER OF INCOME
TRANSFER PURCHASING POWER FROM FIXED INCOME RECIPIENTS DISTORTS INCENTIVES AND DECISION MAKING
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FULL EMPLOYMENT AUTOMATIC STABILIZATION EXPENDITURE THAT RISE WHEN UNEMPLOYMENT INCREASES AND FALL WHEN UNEMPLOYMENT FALLS UNEMPLOYMENT BENEFIT WELFARE PAYMENTS INCOME, SALES, AND EXCISE TAXES
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BALANCE OF PAYMENT BUDGET ENFORCEMENT Caps discretionary spending
Creates PAYGO system PAYGO= applies only to NEW LEGISLATION and Amendments to former legislation Created Three Categories of Spending Net Interest on Debt Discreationary Spending Mandatory or Direct Spending
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