'Land labor capital' presentation slideshows

Marketing Economic Foundations

Marketing Economic Foundations. Unit 4. An understanding of the economy is essential in order to make effective marketing decisions. Economics. Economy. Understanding economic information is important to businesses and effective marketing.

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Introducing the Economic Way of Thinking

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Introducing the Economic Way of Thinking

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Chapter 2

Chapter 2. Answering the 3 Basic Economic Questions. Systems. Because of scarcity- societies choose a system Economic system- method used to produce and distribute goods/services 3 basic questions must be answered 1. What goods/services should be produced

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Unit I: Basic Principles of Economics

Unit I: Basic Principles of Economics. Review your four Factors of Production. Have your homework out and ready to be collected!. Factors of Production : the resources used in the production process. LAND: natural resources, not man- made

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Factors of Production

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Aggregate Demand and Supply

Aggregate Demand and Supply. Measuring the Whole Economy. Gross Domestic Product. C+I+G+(x-m )= GDP. Comparing. Supply and Demand. Aggregate supply and demand. Works the same 2. Illustrates whole economy not just one market 3. Determinants of change are different.

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