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Topics we study during Topics we study during the coursethe course
What is EconomicsWhat is Economics ? ?The social science that deals with the The social science that deals with the production, distribution, and consumption production, distribution, and consumption of goods and services and the theory and of goods and services and the theory and management of economies or economic management of economies or economic systems.systems.
HistoryHistory
Main terms usedMain terms used
Micro and macroeconomy studiesMicro and macroeconomy studies
Comand versus Market economyComand versus Market economy
You will find out who was responsible You will find out who was responsible for communism and globalizationfor communism and globalization
Demand and SupplyDemand and Supply
Demand, wish, wantDemand, wish, want
Supply Supply
ElasticityElasticity
You will find out how products are priced You will find out how products are priced and how your family budget is constrainedand how your family budget is constrained
Marketing and ManagementMarketing and Management
MarketingMarketing
ManagementManagement
You will find out how advertisement You will find out how advertisement and leaders can improve profitabilityand leaders can improve profitability
BanksBanksCommercial banksCommercial banks
Central banksCentral banks
Social banksSocial banks
We will learn the reasons of the We will learn the reasons of the most recent Financial Crisismost recent Financial Crisis
Government and EconomicsGovernment and Economics
GovernmentGovernmentIts economical Its economical
policypolicyRegulationsRegulations
You will find out why foreign cars are so You will find out why foreign cars are so expensive in Uzbekistanexpensive in Uzbekistan
Business EconomicsBusiness Economics
Life CycleLife CycleEconomies of scaleEconomies of scaleEconomies of scopeEconomies of scopeProfit maximization Profit maximization
You find out You find out why Chinese why Chinese products are the products are the cheapest in the world marketcheapest in the world market
CostsCosts
Fixed CostsFixed CostsVariable CostsVariable CostsOpportunity costsOpportunity costs
Fixed cost + Variable cost= Total costFixed cost + Variable cost= Total cost Revenue – total cost= profit Revenue – total cost= profit
You will find out how Hollywood You will find out how Hollywood blockbusters are madeblockbusters are made
The time value – money!The time value – money!RiskRiskDiversificationDiversificationPresent value of Present value of
a future paymenta future paymentFuture value of a Future value of a
present sumpresent sum
You will find out how to manage You will find out how to manage your time and make a money your time and make a money with the time valuewith the time value
World economyWorld economy
Inflation and deflationInflation and deflation
What is inflation ?What is inflation ?How is it measured ?How is it measured ?Inflation and interest ratesInflation and interest ratesInflation and investmentsInflation and investments
You will find out why the price of You will find out why the price of goods increases and its cost for goods increases and its cost for the economythe economy
THANK YOUTHANK YOU
FOR YOUR ATTENTION !FOR YOUR ATTENTION !