SEMESTER I

BATCH 2019/2020

FACULTY : FPTT

COURSES : BTMI S1/1

COURSE :

PRICIPLES OF EKONOMI

COURSE CODE NO : BTMP 1023

NAME : WAN MOHAMMED SHAFIQ BIN WAN MOHAMED KOZANI

NO. MATRIC : B061910109

1.0 INTRODUCTION

Economics is the study of how society uses its limited resources. Economics is a
social science that deals with the production, distribution, and consumption of goods and
services. Economics focuses heavily on the four factors of production, which are land, labor,
capital, and enterprise. These are the four ingredients that make up economic activity in our
world today and can each be studied individually. Economics can generally be broken down
into macroeconomics, which concentrates on the behavior of the aggregate economy, and
microeconomics, which focuses on individual consumers and businesses.

The stability is very important to the country. This is because, the stability can make
the country
2.0 CONCEPT AND EXAMPLE

2.1 MICROECONOMIC

Microeconomic is the social science that studies the implications of human action,
specifically about how those decisions affect the utilization and distribution of scarce
resources. Microeconomics shows how and why different goods have different values, how
individuals make more efficient or more productive decisions, and how individuals best
coordinate and cooperate with one another.