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The Basic Concept Of Economics Macro Unlike the theory of microeconomics, in macro no longer discusses the individual and personal interests including the interests of the company. On the discussion of macro economic theory more towards the interests of the public economy as a wheel on a country. Expenses (Output) and income (Income) = output Sizes are macro > is gross domestic product (GDP). High low GDP a country influenced by technological advances, capital accumulation, and the quality of human resources. If a country is able to adopt advanced technology, have high capital accumulation, and the level of education which shows the quality of the human resource is high, it will have a higher GDP. This is true vice versa. Unemployment rate = > high unemployment levels Result, then the burden is heavy and the country is getting economic growth to be slow due to the national production is low. In addition, unemployment also have an impact on the level of purchasing po

Basic Concepts Of Microeconomics The basic concept of the micro economic theory are actually what you experience everyday. Both in household consumption/individual and household production/company where you work. This concept consists of only three, including the theory of production, pricing and distribution. Theory of Production = > exist because the goods and services produced in advance. On its production requires inputs the resources needed for it generated. The theory of this production is no other understanding of the theories of production related to the quantity and factors of production such as labor, raw materials, production costs, and so on. The theory of price = price is the determining value > a goods or services. In addition, the price is closely related to the interaction between demand (demand) and supply (supply). So, the determination of the price of an item or service is affected by the level of consumer demand and supply by manufacturers agains

Along with the Economic principles and notions of economic activities The Economic Activities and economic sense – basically the economy is one of the aspects that occur in everyday life of human beings. These aspects resulted in the existence of a transaction between one individual and another individual that aim to meet the needs of daily living. For example, to meet food needs, then one can acquire it through aspects of economic activity. The trick with Exchange some money for a few pounds of rice (the activity of the jua-beli). There are many more things that pertain to this economy. Then what exactly is the Pengetian Principle of Economics, and his motives? The Sense Of Economy Literally the notion the economy is all the effort and human resources in meeting the needs of his or her life in order to achieve a degree of prosperity. Described by Samuelson that the way to meet the needs of it can be done by making use of a particular resource. Human resources are process

6 types of manufacturing industries In Indonesia Manufacturing plays a large role in modern society, for everything from knitting to oil extraction to the production of steel is included in this business sector. The concept of manufacturing relies on the idea to transform raw materials, both organic as well as inorganic into products that can be used by the community. Bureau of Labor Statistics classifies manufacturing into hundreds of sub section and specify the type of the manufacturing industry such as the characteristics of the manufacturing company. This type of manufacturing industry can be classified according to the input or fungsinyasebagai the following: The main manufacturing industry refers to products that transform raw materials into products that can be used as input for another process. Secondary industry covers a wider range of activities, and further divided into heavy industry, light and high-tech. Heavy industry (for example, refining and smelting) a