Basis of Economics
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About this ebook
This book is being described as the very basics of economy, written by Sharyl Constine, an experienced broker with a longterm career in the economy sector. She believes that his book, despite many others, will serve as an excellent introduction into the world of microeconomics and macroeconomics.
These are the two pillars of the book, which devide the grand subject into multiple, core subjects.
The following 50+ pages can be used as a material for study, especially for students currently learning Economy 101.
Sharyl Constine wrote this book on her own, when she became "The Journalist". She is a graduated economist focused on news from various sectors (investment, finance, and general economy). She believes that this book will work for anyone who is looking for a way to start working in the area from home.
This book of basic economics also studies the factors of production and their prices, as well as the role of the state in regulating businesses and domains of market failure. The basis studies the functioning of the economy as a whole. In this context, attention is focused on the most significant economic sizes: gross domestic product (GDP), inflation, unemployment, savings, investments, exchange rates etc...
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Book preview
Basis of Economics - Sharyl Constine
EXERCISE NR. 1
INTRODUCTORY NOTES REVIEW
1. Teaching content
2. Literature
3. Rules for the preparation of papers
4. Draft topics for the project task
LEARNING OBJECTIVES
After completing this exercise, you should be able to:
Understand the teaching content and basic literature they are about Prepares the exam on Basics of economics;
Understand the rules and criteria for preparing a project assignment;
Select a theme for preparing a project task.
INTRODUCTORY NOTES
1. TEACHING CONTENT
The curriculum based on Economics Basics covers the selection of eight chapters from Microeconomics and eight chapters of macroeconomics. In addition, the following are covered
Thematic content:
Microeconomics:
The economy as a science
Basic economic concepts
The basic elements of demand and supply
Fundamentals of production theory
Cost analysis
Perfect competition
Monopoly and barriers to entry
Oligopoly
Macroeconomics:
Key macroeconomic notions
Measuring the total economic activity - GDP
Consumption, savings and investments
Money and banks
Fiscal policy
Monetary policy
International Economics
Macroeconomics today
2. LITERATURE
Basic literature according to which are prepared lectures and exercises on the subject Basics of economics are: Fit, T. (2006). Economy: Fundamentals of economy, Economic Faculty - New York, University St. Cyril and Methodius
- New York. Considering that this matrix is fairly large, the teaching content is reduced for the following chapters: 4, 10, 11, 12, 15, 16 and 19. The correspondence with the subject teacher is accomplished through the e-learning platform. Specific questions may be asked to the subject teacher on the following email: