CHAPTER 4

Economic Systems
and Market Methods
 CHAPTER 4
Economic Systems
and Market Methods
 INTRODUCTION
Managers assess a country’s economic
environment knowing theses key
viewpoints
• Countries differ in different ways
• Economic and political changes alter
market circumstances
• It is important to understand connections,
change, and consequences
• The challenges of the comeback
Countries have different
levels of economic
development, performance,
and potential.
 Economic and Political
Changes
Alter Market Circumstances
Connections, Change, and
Consequences
Challenges of the Comeback
Choices of citizens,
policymakers, and
institutions
International Economic
Analysis

• System Complexity
• Market Dynamism
• Market Interdependence
• Data Overload
System Complexity

Identifying proper
indicators is difficult
Market Dynamism

New economic
circumstances
Market Interdependence

Markets influence each

other
 Data Overload

Complicates decision-
making
International Economic
Analysis

OVERVIEW