Evaluation of Economic Condition Pertemuan 17 (Seventeenth Meeting)

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Matakuliah : J0084 / Introduction to Management and Business

Tahun : 2007

Versi : 1 / 3

Pertemuan 17 (Seventeenth Meeting)

Evaluation of Economic

Condition

Halaman 1

Learning Outcome

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

Halaman 2

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

Halaman 3

1. Impact of Economic Growth toward Business

Performance a. Strong Economic Growth b. Weak Economic Growth c. Economic Growth Indicators

1)Gross Domestic Product & Aggregate

Expenditure

2) Unemployment Rate

Halaman 4

Unemployment Types :

1) Frictional unemployment

2) Seasonal unemployment

3) Cyclical unemployment

4) Structural unemployment

Halaman 5

2. Inflation Types:

a. Cost Push Inflation b. Demand Pull Inflation

Halaman 6

3. Impact of Interest Rates a. Impact Toward

Business Cost

That’s OK. Just keep borrowing. We’ll never be able to pay back our loans anyway

The Federal

Reserved just raised interest rates

Financial meeting in progress

Halaman 7

b. Impact Toward Business Income

Halaman 8

4. How Market Price To be Determined a. Demand Schedule and Supply Schedule

Unit Price of Computer

$ 3.000

Demand

8.000

Supply

30.000

$ 2.500

14.000

24.000

$ 2.000

$ 1.500

$ 1.000

18.000

22.000

25.000

18.000

16.000

10.000

Halaman 9

How equilibrium price to be determined by supply and demand

S

1

Excess

$ 2.000

Equilibrium price

Shortage

D

1

Quantities

Halaman 10

a. Impact of the Change of Demand Schedule

Past Demand Unit Price of Computer

$ 3.000

8.000

Demand at this moment

18.000

$ 2.500

$ 2.000

$ 1.500

$ 1.000

14.000

18.000

22.000

25.000

24.000

28.000

32.000

35.000

Halaman 11

How equilibrium price to be influenced by Demand change

S 1

P 2

P 1

$ 2.500

$ 2.000

D 1

D 2

Quantities

Halaman 12

a. Change Impact of Supply Schedule

Past Supply Unit Price of Computer

$ 3.000

30.000

Supply at this moment

36.000

$ 2.500

$ 2.000

$ 1.500

$ 1.000

24.000

18.000

16.000

10.000

30.000

24.000

22.000

16.000

Halaman 13

How equilibrium price to be influenced by Supply change

S 1

S 2

P 1

P 2

$ 2.000

$ 1.500

D 1

Quantities

Halaman 14

5. Factors Influencing Market Price a. Customer Income

Rp b. Customer Preferences c. Production Cost

Halaman 15

6. Government Influence Toward Economic

Condition a. Monetary Policy b. Fiscal Policy

Halaman 16

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