商务经济课件d模板.pptVIP

Summary Economics relies on both positive and normative analysis. Positive statements assert how the world “is” while normative statements assert how the world “should be.” Economists may offer conflicting advice due to differences in scientific judgments or to differences in values. Graphical Review The Circular-Flow Diagram Firms Households Market for Factors of Production Market for Goods and Services Spending Revenue Wages, rent, and profit Income Labor, land, and capital Inputs for production Goods Services sold Goods Services bought The Production Possibilities Frontier Quantity of Computers Produced Quantity of Cars Produced 3,000 0 1,000 2,000 700 1,000 300 A B 2,200 600 C D The Production Possibilities Frontier Quantity of Computers Produced Quantity of Cars Produced 3,000 1,000 2,000 2,200 A 700 600 300 0 1,000 B C D Production possibilities frontier The Production Possibilities Frontier 4,000 Quantity of Computers Produced Quantity of Cars Produced 3,000 2,000 A 700 0 1,000 E 2,100 750 An outward shift in the production possibilities frontier 无垠文海 邀你畅享 docer.wps.cn 更改PPT母版功能键： PPT文档讨论群：253147947 Thinking Like an Economist Chapter 2 Copyright ? 2001 by Harcourt, Inc.All rights reserved.?? Requests for permission to make copies of any part of thework should be mailed to: Permissions Department, Harcourt College Publishers,6277 Sea Harbor Drive, Orlando, Florida 32**7-6**7. Every field of study has its own terminology Mathematics axioms integrals vector spaces Psychology ego id cognitive dissonance Law torts venues Promissory estoppel Every field of study has its own terminology Economics Supply Demand Elasticity Consumer Surplus Comparative advantage Opportunity cost Deadweight loss Economics trains you to. . . . Think in terms of alternatives. Evaluate the cost of individual and social choices. Examine and understand how certain events and issues are related. The Economist as a Scientist The economic way of thinking . . . Involves thinking a