Download as PDF, PPTX
AD
Uploaded byAMANDA Dicks
PDF, PPTX11,182 views
Economics Final Exam Review
This document provides an overview of economics concepts covered across 5 units: 1) It introduces the basic questions of economics - what, how, and for whom to produce goods and services. Governments and markets answer these questions differently. 2) Supply and demand are explained, including the laws of supply and demand and elasticity. Market equilibrium is analyzed using supply and demand graphs. 3) Different forms of business organization like sole proprietorships and corporations are covered, along with stocks, bonds, and entrepreneurship. 4) Macroeconomic indicators like GDP, inflation, and the business cycle are defined. The stages of the business cycle are explained. 5) Tools for managing the economy are outlined
![Recession A Laymans Approach[1]](https://cdn.slidesharecdn.com/ss_thumbnails/recessionalaymansapproach1-124218982829-phpapp01-thumbnail.jpg?width=640&height=640&fit=bounds)
