1 Meeting 2 – Development

Economics

Introduction to Accounting Terminology

Learning Objectives:
 Translate English words to Indonesian.
 Remember the meaning of Economic words.
 Understand the definition of Economic words.

I. Study and learn these words!

A Account, asset, average

B Balance, bankruptcy, budget, buyer

C Capital, cash, consumer, customer, cost

D Debt, deficit, deposit, deflation

E Economics, economy, equilibrium

F Finance, fiscal, firm

G Global, government, growth, globalization

H Homogenous, heterogeneous

I Inflation, interest, income, invest

J Joint

K Key

L Loan, labor, loss

M Market, manufacturing, mean, monopoly

N Nett

O Optimum, outsourcing

P Profit, pay, price

Q Quantity, quota

R Recession, rent, risk, regulation

S Savings, spending, stock, supply, stakeholders

T Tax, trade

U Union, utility

V Value, variable

W Wage, welfare

Y Yield

Z Zero

II. Find the definition of each word!

No. Words Definitions (English-Indonesian)

1 Account A record in an accounting system that tracks the financial

activities.

Catatan dalam sistem akuntansi yang melacak aktivitas keuangan.

2 Asset

3 Average

4 Balance

5 Bankruptcy

6 Budget

7 Buyer

8 Capital

9 Consumer

10 Cost

11 Debt

12 Deficit

13 Deflation

14 Deposit

15 Economics

16 Equilibrium

17 Finance

18 Firm

19 Fiscal

20 Global

21 Globalization

22 Government

23 Growth

24 Heterogeneous

25 Homogenous
26 Income

27 Inflation

28 Interest

29 Invest

30 Joint

31 Key

32 Labor

33 Loan

34 Loss

35 Manufacturing

36 Market

37 Mean

38 Monopoly

39 Nett

40 Optimum

41 Outsourcing

42 Pay

43 Price

44 Profit

45 Quantity

46 Quota

47 Recession

48 Regulation

49 Rent
50 Risk

51 Savings

52 Spending

53 Stakeholder

54 Stock

55 Supply

56 Tax

57 Trade

58 Union

59 Utility

60 Value

61 Variable

62 Wage

63 Welfare

64 Yield

65 Zero