1. Business Name Proprietors: Date Period

2. Chapter 1

3. Photo of Business Map- location of business

4. Business Address Phone: 555-555-1234 Fax: 555-555-1235

5. Three economic Questions List and answer questions

6. Factors of Production List and illustrate the factors of production used in your business

7. Scarce Resources List all the resources needed to open your business ( everything you will need)

8. Goods or services Statement of what you plan to provide in the marketplace

9. Circular Flow Chart with your business Explain and show where your business is on this chart

10. Production Possibilities Curve Place your alternatives, inefficiency and growth on the PPF ( what is product A and B, etc…)

11. Chapter 2

12. Economic system explained with advantages and disadvantages AdvantagesDisadvantages

13. Business economic and social goals Read chapter 2 section two of the book for better understanding.

14. Role of Consumer in your business

15. Role of Government in your business

16. Chapter 3

17. Form of business organization Advantages Disadvantages

18. Monthly Business statement Use the book figure 3.4 to help you do this part

19. Chapter 4

20. Law of Demand Demand schedule for your business Demand curve for your business

21. Business elasticity Explain the elasticity of your business demanded by the public

22. Chapter 5 Role of Entrepreneur in your business

23. Law of Supply Supply Schedule Supply curve for your business

24. Supply Elasticity Explain the elasticity of the supply from your business

25. Three Stages of Production Explain the three stages of production for your business

26. Cost, Revenue, and Profit Maximization Schedule Explain the cost, revenue and profit maximization place on the chart for your business and why that is the best place.

27. Chapter 6

28. Market demand and supply for business Market demand and supply schedule: Market demand and supply curve: ( show eq, surplus, and shortage)

29. Chapter 7

30. Market structure How does your business compete Who are your competitors?

31. Market Externalities Negative externalities Positive Externalities

32. Chapter 8

33. What is the role of government in your business? Explain how the government is involved in your business

34. Government (these can be website lists) Laws governing your business

36. Traditional theory of Wages Explain the theory of wages and how that will apply in your company

37. Chapter 9

38. Taxes List and explain all of the taxes you will have to pay Licenses you may have to pay

39. Profit Statement Total loan amount Current interest rate Total costs of borrowing the money Total revenues you expect Total estimated profit Per day Per month Per year Per person

40. Bibliography