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Some Tools Of Economic Analysis

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mandalina landy
mandalina landy
TecnologiaEconomia e finanças
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Some Tools of Economic Analysis ,[object Object],© 2006 Thomson/South-Western
The Economic Problem ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunity Cost ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Time and Information ,[object Object],[object Object]
Opportunity Cost ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sunk Cost and Choice ,[object Object],[object Object],[object Object],[object Object]
Law of Comparative Advantage ,[object Object],[object Object]
Law of Comparative Advantage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Specialization and Exchange ,[object Object],[object Object],[object Object],[object Object],[object Object]
Specialization and Exchange ,[object Object],[object Object],[object Object],[object Object]
Division of Labor ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Production Possibilities Frontier ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Production Possibilities Frontier ,[object Object],[object Object],[object Object]
Exhibit 1: The Economy’s PPF
The Economy’s PPF ,[object Object],[object Object],[object Object],[object Object],[object Object],48 A C D E F B U I 0 10 20 34 43 50 0 10 20 30 40 50 Capital Goods (millions of units per year) Consumer Goods (millions of units per year)
Movements along the PPF ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors that can Shift the PPF ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Exhibit 2a: Shifts in the Economy’s PPF
[object Object],[object Object],[object Object],[object Object],[object Object],Exhibit 2b: Shifts in the Economy’s PPF
Exhibit 2c: Shifts in the Economy’s PPF ,[object Object]
Exhibit 2d: Shifts in the Economy’s PPF ,[object Object]
Lessons of PPF ,[object Object],[object Object],[object Object],[object Object]
Three Questions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Economic System ,[object Object],[object Object],[object Object],[object Object],[object Object]
Pure Capitalism ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pure Capitalism ,[object Object],[object Object],[object Object],[object Object],[object Object]
Flaws in Capitalism ,[object Object],[object Object],[object Object],[object Object],[object Object]
Pure Command System ,[object Object],[object Object],[object Object]
Flaws of Command System ,[object Object],[object Object],[object Object],[object Object],[object Object]
Mixed / Transitional Economies ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Some Tools Of Economic Analysis

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  • 14. Exhibit 1: The Economy’s PPF
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