1. Topics we study during the course

2. What is Economics ? What is Economics ? The social science that deals with the production, distribution, and consumption of goods and services and the theory and management of economies or economic systems.

3. History History Main terms used Micro and macroeconomy studies Comand versus Market economy You will find out who was responsible for communism and globalization

4. Demand and Supply Demand, wish, want SupplyElasticity You will find out how products are priced and how your family budget is constrained

5. Marketing and Management MarketingManagement You will find out how advertisement and leaders can improve profitability

6. Banks Banks Commercial banks Central banks Social banks We will learn the reasons of the most recent Financial Crisis

7. Government and Economics Government Its economical policy policyRegulations You will find out why foreign cars are so expensive in Uzbekistan

8. Business Economics Life Cycle Economies of scale Economies of scope Profit maximization You find out why Chinese why Chinese products are the products are the cheapest in the world market cheapest in the world market

9. Costs Costs Fixed Costs Variable Costs Opportunity costs Fixed cost + Variable cost= Total cost Fixed cost + Variable cost= Total cost Revenue – total cost= profit Revenue – total cost= profit You will find out how Hollywood blockbusters are made

10. The time value – money! RiskDiversification Present value of a future payment a future payment Future value of a present sum present sum You will find out how to manage your time and make a money with the time value

11. World economy

12. Inflation and deflation Inflation and deflation What is inflation ? How is it measured ? Inflation and interest rates Inflation and investments You will find out why the price of goods increases and its cost for the economy

13. THANK YOU FOR YOUR ATTENTION ! FOR YOUR ATTENTION !