How Consumer And Producer Behaviors Affect Market Equilibrium

1898 Words Aug 22nd, 2014 8 Pages
Business Economics
Student Name Christopher Opira
Student Number 35118
Module Level: 4
Module Code: PM101
Module Leader: Francisco Marco-Serrano Table of Contents
Introduction part 1...................................................................................... 1
Definition of Economics...........................................................
Scarcity.....................................................................................
Opportunity cost...........................................................................
Law of demand and supply...........................................................
Market Equilibrium.......................................................................
How consumer and producer behaviours affect market equilibrium
Introduction part 2
Gross domestic product.................. ................................................... 2
Monetary Policy.................................................................................. 3
Fiscal Policy.......................................................................................... 4
Inflation............................................................................................... .5
Exports and Imports: Role of the Exchange Rate.................................. 6
Conclusion ...............................................................................................7

Introduction part 1
Consumer and producer behaviours will either shift…
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