Listened on last.fm Mika – Grace Kelly: http://ping.fm/IPJBX http://tr.im/fid2

Listened on last.fm Metric – Monster Hospital: http://ping.fm/R5ajd http://tr.im/fi7a

Listened on last.fm djpretzel – Yoshi's Island 2001 ElasticNewYear OC ReMix: http://www.last... http://tr.im/fi7b

Listened on last.fm Billy Joel – Movin' Out (Anthony's Song): http://ping.fm/d565q http://tr.im/fhx3

Economic Dissions

• 
  
  Economic Dissions That business That You Really Need
  
  
• 
  
   Air (Oxygen)
  
  
• 
  
  Food
  
  
• 
  
  Clothes
  
  
• 
  
  Water
  
  
• 
  
   A House (shelter)
  
  
• 
  
   A job
  
  
• 
  
  Things you want
  
  
• Music
  
• Laptop
  
• Clothes
  
• Jewelry
  
• Vehicles

You are given one million dollars  what will you do with it?

1. 
   
    Save it
   
   
2. 
   
   Invest it

• Buy some services with it
  
  
  
  • 
    
     Hire an investor
    
    
  • 
    
     Take Vacations 
  
  
• 
  

  Economic resources   

  
  
  
  
  • 
    

    Natural resource

    
    
    
    
    
    
    
    
    
    
    
    
    
    
    • 
      

      All things made by the earth 

  
  
• 
  
    Human Resources (Labor)
  
  
• 
  
  Teachers
  
  
• 
  
  Public servants
  
  
  
  
  • 
    
    Firefighters
    
    
  • 
    
    Policemen
    
    
  • 
    
    DMV worker
  
  
• 
  
  Tools
  
  
  
  
  • 
    
    Computers (what you're using now) -Victor Squire 1/26/09 9:05 AM 
    
    
  • 
    
    Factories
    
    
  • 
    
    Tools
    
    
  • 
    
    The Internet
    
    
    
    
    • 
      
      E-mail
    
    
  • 
    
    Office Buildings
  
  
• 
  
   Limited resources
  
  
  
  
  • 
    
    We don't have many of these
    
    
  • 
    
    scarcity affects everyone
    
    
  • 
    
    Many aren't affordable because of wages ,pay, of families 
    
    
  • 
    
    Like teacher can't afford anything a doctor can because of scarcity.
    
    
  • 
    
    Government  can also be affected because of scarcity
  
  
• 
  
  How to make economic dissions
  
  
  
  
  • 
    
    define the problem
    
    
  • 
    
    identify the chooses
    
    
  • 
    
    Evaluate the advantages
    
    
  • 
    
     Think of your solutions
    
    
  • 
    
    Act on your dission
    
    
  • 
    
    Review your dission

  Economic Measurements

• 
  
  GDP
  
  
  
  
  • 
    
    What Consumers ,Business and Governments Spends
  
  
• 
  
  GDP per Captia
  
  
• 
  
  GDP per person
  
  
• 
  
  The Business Cycle
  
  
  
  
  • 
    
    Prosperity
    
    
    
    
    • 
      
      Who want to work are working and wages are good !
      
      
    • 
      
      Business produce goods and services in record numbers !
    
    
  • 
    
    Recession
    
    
    
    
    • 
      
      Demand begins to decrease and business lower production and unemployed begins.
    
    
  • 
    
     
    
    
  • 
    
    Depression
    
    
  • 
    
    Weak Sells Business failures and GDP fail rapidly.
    
    
  • 
    
    Recovery
  
  
• 
  
   

 

 

 

 

 

 

  

 

  

 

 

Economic Dissions

• 
  
  Economic Dissions That business That You Really Need
  
  
• 
  
   Air (Oxygen)
  
  
• 
  
  Food
  
  
• 
  
  Clothes
  
  
• 
  
  Water
  
  
• 
  
   A House (shelter)
  
  
• 
  
   A job
  
  
• 
  
  Things you want
  
  
• Music
  
• Laptop
  
• Clothes
  
• Jewelry
  
• Vehicles

You are given one million dollars  what will you do with it?

1. 
   
    Save it
   
   
2. 
   
   Invest it

• Buy some services with it
  
  
  
  • 
    
     Hire an investor
    
    
  • 
    
     Take Vacations 
  
  
• 
  

  Economic resources   

  
  
  
  
  • 
    

    Natural resource

    
    
    
    
    
    
    
    
    
    
    
    
    
    
    • 
      

      All things made by the earth 

  
  
• 
  
    Human Resources (Labor)
  
  
• 
  
  Teachers
  
  
• 
  
  Public servants
  
  
  
  
  • 
    
    Firefighters
    
    
  • 
    
    Policemen
    
    
  • 
    
    DMV worker
  
  
• 
  
  Tools
  
  
  
  
  • 
    
    Computers (what you're using now) -Victor Squire 1/26/09 9:05 AM 
    
    
  • 
    
    Factories
    
    
  • 
    
    Tools
    
    
  • 
    
    The Internet
    
    
    
    
    • 
      
      E-mail
    
    
  • 
    
    Office Buildings
  
  
• 
  
   Limited resources
  
  
  
  
  • 
    
    We don't have many of these
    
    
  • 
    
    scarcity affects everyone
    
    
  • 
    
    Many aren't affordable because of wages ,pay, of families 
    
    
  • 
    
    Like teacher can't afford anything a doctor can because of scarcity.
    
    
  • 
    
    Government  can also be affected because of scarcity
  
  
• 
  
  How to make economic dissions
  
  
  
  
  • 
    
    define the problem
    
    
  • 
    
    identify the chooses
    
    
  • 
    
    Evaluate the advantages
    
    
  • 
    
     Think of your solutions
    
    
  • 
    
    Act on your dission
    
    
  • 
    
    Review your dission

  Economic Measurements

• 
  
  GDP
  
  
  
  
  • 
    
    What Consumers ,Business and Governments Spends
  
  
• 
  
  GDP per Captia
  
  
• 
  
  GDP per person
  
  
• 
  
  The Business Cycle
  
  
  
  
  • 
    
    Prosperity
    
    
    
    
    • 
      
      Who want to work are working and wages are good !
      
      
    • 
      
      Business produce goods and services in record numbers !
    
    
  • 
    
    Recession
    
    
    
    
    • 
      
      Demand begins to decrease and business lower production and unemployed begins.
    
    
  • 
    
     
    
    
  • 
    
    Depression
    
    
  • 
    
    Weak Sells Business failures and GDP fail rapidly.
    
    
  • 
    
    Recovery
  
  
• 
  
   

 

 

 

 

 

 

  

 

  

 

 

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