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PENGANTAR EKONOMI. Screen graphics created by H. Mustika Lukman Arief, SE.,MBA.,MM. I N TRODUCTION OF E CONOMICS. NEED UNLIMITED RESOURCES LIMITED. WHAT IS ECONOMICS ?.
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PENGANTAR EKONOMI Screen graphics created by H. Mustika Lukman Arief, SE.,MBA.,MM.
INTRODUCTION OF ECONOMICS NEED UNLIMITED RESOURCES LIMITED
WHAT IS ECONOMICS ? • Economics is the study of the ways that individual and societies allocate their limited resources to try to satisfy their unlimited needs • KEY WORD : • NEED UNLIMITED • RESOURCES LIMITED
Outline Introducing Mikro Ekonomi Permintaan & Penawaran Elastisitas Permintaan & Penawaran Teori Tingkah Laku Konsumen Teori Biaya Produksi Pasar Persaingan Sempurna Pasar Persaingan Tidak Sempurna
. Introducing Makro Ekonomi Pendapatan Nasional Keseimbangan Aggregate Dua Sektor Keseimbangan Aggregate Tiga Sektor Keseimbangan Aggregate Empat Sektor Teori Penawaran Uang, Kurs dan Moneter Neraca Pembayaran & Perdagangan Pertumbuhan & Pembangunan Ekonomi
Reference Economics; Book 1 & 2; PA. Samuelson Mikro Ekonomi; Teori Pengantar; Sadono Sukirno; Edisi ketiga; 2005 Makro Ekonomi; Teori Pengantar; Sadono Sukirno; Edisi ketiga; 2005
ECONOMICS RESOURCES: LIMITED NEEDS: UNLIMITED GAP • INFLATION • UNEMPLOYMENT • UNEQUALITY • - FUNCTIONAL & • - REGIONAL • - INDIVIDUAL • POVERTY • Balance of Payment ECONOMICS PROBLEMS • NR • HR • CR • E • WHAT’S • HOW • WHEN • FOR WHOM GOODS & SERVICES CHOICES OPPORTUNITY COST
GAP • RESOURCES LIMITED : • NR, HR, CR & Entrepreneur • GOODS & SERVICES • CHOICES • OPPORTUNITY COST
ECONOMICS PROBLEM • INFLATION • UN-EMPLOYMENT • UN-EQUALITY : functional & size, regional, individual • POVERTY
TYPES OF ECONOMICS SYSTEM • TRADITIONAL ECONOMIC SYSTEM • A system in which the question what, how, for whom and when are answered in the same way from generation to generation
. • COMMAND ECONOMIC SYSTEM • A system in which the question what, how, for whom and when are answered by a central authority • MARKET SYSTEM • A system in which the question what, how, for whom and when are answered through independent decision of the people. This often used interchange able with capitalism
. • MIXED ECONOMY • An economics system in which there are elements of tradition, command and the market
ACTORS OF ECONOMY • HOUSEHOLD • Suppliers of input factor • Demander of goods and services • Payer taxes
. • FIRMS • Suppliers of goods and services • Demander of input factor • Payer of Taxes
. • GOVERNMENT • To protect private property • To regulate money • To produce public goods and services • To assess social cost • To regulate and maintain competition • To promote economic growth and stability • To fight poverty • To eliminate discrimination • To receive of taxes • To send of subsidy
MICRO VS MACRO • MICROECONOMICS • Efficiency of Resources • Maximum Satisfaction • MACROECONOMICS • Government Regulation • Demand and Supply Aggregate Activity
MACROECONOMICS ISSUES • HIGH PERFORMANCE GROWTH AND STABILITY • IMPROVEMENT ECONOMIC • PRICE STABILITY • UN-EMPLOYMENT / POVERTY REDUCTION
INFLUENCES OF MACRO ACTIVITY • PRIVATE CONSUMPTION • INVESTMENT • GOVERNMENT EXPENDITURE • NET EXPORT ( EXPORT – IMPORT )
MACROECONOMIC PROBLEM • ECONOMIC GROWTH • UNSTABLE OF ECO ACTIVITY • UNEMPLOYMENT AND INFLATION • TRADE AND BALANCE OF PAYMENT
MACROECONOMIC POLICY • FISCAL POLICY • Government expenditures and Taxation • MONETARY POLICY • Control of the money supply by the federal reserve system • SUPPLY SIDE POLICY • Ad Hoc policies to address specific problems
GOAL OF MACROECONOMIC • RAPID GROWTH • PRICE STABILITY • INCOME EQUALITY • FULL EMPLOYMENT • BALANCE OF PAYMENTS EQUILIBRIUM • EQUITABLE DISTRIBUTION OF INCOME
RAPID GROWTH • SHIFT PRODUCTION POSSIBILITIES CURVE AT RATE SUCH THAT JOBS ARE CREATED AT SAME RATE AS GROWTH IN LABOR FORCE
PRICE STABILITY • SHIFT AGGREGATE SUPPLY (AS) AND AGGREGATE DEMAND (AD) CURVE AT SAME RATE
INCOME EQUALITY • REDUCES PURCHASING POWER OF INCOME • TRANSFER PURCHASING POWER FROM FIXED INCOME RECIPIENTS • DISTORTS INCENTIVES AND DECISION MAKING
FULL EMPLOYMENT • AUTOMATIC STABILIZATION EXPENDITURE THAT RISE WHEN UNEMPLOYMENT INCREASES AND FALL WHEN UNEMPLOYMENT FALLS • UNEMPLOYMENT BENEFIT • WELFARE PAYMENTS • INCOME, SALES, AND EXCISE TAXES
BALANCE OF PAYMENT • BUDGET ENFORCEMENT • Caps discretionary spending • Creates PAYGO system PAYGO= applies only to NEW LEGISLATION and Amendments to former legislation • Created Three Categories of Spending • Net Interest on Debt • Discreationary Spending • Mandatory or Direct Spending