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 show the types of
business, and also understand
how to measure
business performance -> 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
Supply
8.000
30.000
$ 2.500
14.000
24.000
$ 2.000
18.000
18.000
$ 1.500
22.000
16.000
$ 1.000
25.000
10.000
Halaman 9
How equilibrium price to be determined
by supply and demand
S1
Price
Excess
Equilibrium price
$ 2.000
Shortage
D1
Quantities
Halaman 10
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
18.000
28.000
$ 1.500
22.000
32.000
$ 1.000
25.000
35.000
Halaman 11
How equilibrium price to be influenced
by Demand change
Price
S1
P2 $ 2.500
P1 $ 2.000
D2
D1
Quantities
Halaman 12
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
30.000
$ 2.000
18.000
24.000
$ 1.500
16.000
22.000
$ 1.000
10.000
16.000
Halaman 13
How equilibrium price to be influenced
by Supply change
S1
Price
S2
P1 $ 2.000
P2 $ 1.500
D1
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