PPT-Government & Economic Systems

Important terms Sovereignty is the idea that a territory or region has supreme authority over itself Autonomy is the idea that a person state territory etc can make decisions for itself without outside interference. How the Government influences how I make money.. Take out a sheet of paper and answer the following questions:. What are Goods?. What are Services?. What are Resources?. What is Scarcity?. All Economic Systems Must Consider the Following Questions:. IV. Fiscal and Monetary Policy. Objectives. Describe the overall goals of the Federal Government’s actions in the economy.. Explain the features and purposes of fiscal policy.. Explain the features and purposes of monetary policy.. What . do you know about economic systems?. THINK – PAIR – SHARE . Grab a piece of paper and ask yourself:. What do I know about economic systems?. What examples can I think of?. Share your ideas with a friend. Review -- Day EIGHT. Edwards Chapters 17, 18, 19 & 20. (none covered in our course). Chapter 10 review book. Economic Policymaking, Social Welfare Policymaking, Policymaking for Health Care and the Environment & Foreign and Defense Policymaking. AS Economics. Aim. Understand economic objectives and economic systems.. Objectives. Define different agents’ objectives in an economy.. Describe how these objective are competing.. Analyse different types of economic systems.. Understanding Economic Systems. Adapted from a presentation created by Mr. Blair. What standard of living do you hope to attain in life? How do you plan to accomplish this goal?. Warm Up Question #1. Harpel Professor of Capital Formation & Growth. Policymaking . in the 21. st. . Century. Bosch.  Foundation Bundestag . executive . education . program . October . 9-14, . 2016. Tues., 11 Oct., 4:00-5:30 pm. a. Compare how traditional, command, and market economies answer the economic questions of . (1) what to produce, (2) how to produce, and (3) for whom to produce. . b. Explain how most countries have a mixed economy located on a continuum between pure market and pure command. . Principles of Business, Finance and Marketing. Satisfying Wants & Needs. Economic Choices. Economic Systems. Supply and Demand. Unit 1.01. Wants. Not necessary for survival, but add comfort and pleasure to our lives. Rixie. Always remember…. Economics is the study of choices related to resources, production, and consumption. 4 Types of Economic Systems. Command. Market. Traditional. Closed. #1 Command Economies. MONARCHY. Ruled by a king or queen. The ruler inherits power. Divine right of kings. Constitutional monarchy. Examples – King Louis XIV- France (15. th. century), United Kingdom-Queen Elizabeth II in Great Britain (presently). Theme 2. Economics. Economics: the study of how people . choose. to use resources.. It is the study of choices. .. What are your resources? . Economics is not a science.. It is a set of theories, but none, has scientific validity.. AND MIXED PRESI/PARLS SYSTEMS. 1. Olasehinde Ishola Williams Maj-Gen. (. Rtd. ). PanAfrican. Strategic & Policy Research Group(PANAFSTRAG).. Lagos.. isholawilliams@gmail.com. , . panafstraginternational@gmail.com. th. Semester). Topic: Failures of Economic Planning in India. Presented by. Bhargab. Das. Assistant Professor,. Department of Economics,. Dr. B.K.B. College. Stagnant Economy:. When India was freed, it has deep marks of stagnation. During the...