Pertemuan 17 (Seventeenth Meeting) Evaluation of Economic

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Pertemuan 17 (Seventeenth Meeting) Evaluation of Economic Matakuliah : J0084 / Introduction to Management and Business Tahun : 2007 Versi : 1 / 3 Pertemuan 17 (Seventeenth Meeting) Evaluation of Economic Condition

Learning Outcome Student should be able to calculate macro and micro economic condition which mutual dependence in business> C3

Learning Outline Impact of Economic Growth To Business Performance Impact of Inflation Impact of Interest Rates How Market Price To be Determined Factors that Influence Market Price Government Influence To Economic Condition

Impact of Economic Growth toward Business Performance a. Strong Economic Growth b. Weak Economic Growth c. Economic Growth Indicators Gross Domestic Product & Aggregate Expenditure 2) Unemployment Rate

Unemployment Types: 1) Frictional unemployment 2) Seasonal unemployment 3) Cyclical unemployment 4) Structural unemployment

2. Inflation Types: a. Cost Push Inflation b. Demand Pull Inflation

3. Impact of Interest Rates That’s OK. Just keep borrowing. We’ll never be able to pay back our loans anyway Impact Toward Business Cost The Federal Reserved just raised interest rates Financial meeting in progress

b. Impact Toward Business Income

4. How Market Price To be Determined a. Demand Schedule and Supply Schedule Unit Price of Computer Demand Supply $ 3.000 8.000 30.000 $ 2.500 14.000 24.000 $ 2.000 18.000 $ 1.500 22.000 16.000 $ 1.000 25.000 10.000

How equilibrium price to be determined by supply and demand Excess Equilibrium price Price $ 2.000 Shortage D1 Quantities

a. Impact of the Change of Demand Schedule Unit Price of Computer Past Demand Demand at this moment $ 3.000 8.000 18.000 $ 2.500 14.000 24.000 $ 2.000 28.000 $ 1.500 22.000 32.000 $ 1.000 25.000 35.000

How equilibrium price to be influenced by Demand change S1 P2 $ 2.500 Price P1 $ 2.000 D2 D1 Quantities

a. Change Impact of Supply Schedule Unit Price of Computer Past Supply Supply at this moment $ 3.000 30.000 36.000 $ 2.500 24.000 $ 2.000 18.000 $ 1.500 16.000 22.000 $ 1.000 10.000

How equilibrium price to be influenced by Supply change $ 2.000 P2 $ 1.500 D1 Quantities

Rp 5. Factors Influencing Market Price a. Customer Income b. Customer Preferences c. Production Cost

6. Government Influence Toward Economic Condition a. Monetary Policy b. Fiscal Policy

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