This document presents an analysis of economics concepts applied to Toyota Motor Corporation. It begins with an introduction to the presentation and outlines the topics to be covered, including the circular flow diagram, demand and supply analysis, elasticity, consumer and producer surplus, and factors affecting Toyota's prices. It then provides more details on principles of tradeoffs and rational decision making. Micro and macro analyses are presented, examining Toyota's operations and the auto industry globally and in India. Demand and supply curves for Toyota vehicles are depicted and elasticities are calculated. The concepts of consumer and producer surplus are explained.