Independent work of the student. Questions for self-study:

Questions for self-study:

1. Items of income producer.

2. Types of costs.

 

Form of control:

- Problem solving

- To discuss

 

Theme 9. Factor markets and formation of factor income

(1 hour)

The seminars

The purpose of the lesson:

- Explore the factor markets

 

Topics for discussion:

1. Profit as the main result of the firm.

2. The labor market and wages. Equilibrium in the labor market.

3. Land market. Land rent. Price of land.

4. Capital market. Discounting and investment decisions.

 

Questions and tasks:

1. What is leasing?

Original rental payments associated with leasing, was particularly widespread in the scientific and technological revolution. Lease - long term rentals (from 6 months to several years), as a rule, a special type of property - expensive hardware and production facilities.

Explain how the organized leasing.

 

2. What are the sources of loan capital?

Owners of loan capital in addition to its own funds, focus at a large amount of money, which are the other owners to temporarily free.

Questions:

A. What funds, entrepreneurs and the population may be temporarily available?

B. Why the owners of temporarily free money given to their lending capitalists?

 

Find the most suitable answer

Short-term loans are often used for:

A) purchase of equipment;

B) Construction of new plants and buildings;

С) the cost of the payment of wages;

D) The financing of scientific research and experimental design development.

 

4. What is the net profit and the profit rate of the bank?

Bank receives gross income, which includes revenues from all business operations, including, for example, the purchase and sale of foreign currency. Of the gross profit goes to cover the cost of banking.

Determine what the net profit, calculated as the rate of profit of the bank.

 

5. How is the real interest rate?

In an inflationary environment, it is important to distinguish between nominal and real interest rates. Real rate - the nominal (actually achieved in a given period) interest rate, calculated according to the level of inflation.

 

The design task.

Assume that the stock par value $ 300 hedgehog EXP pay dividends in the amount of 15 dollars, and lending rate is 3%.

Calculate what the course of action under normal conditions.

 

7. Is it better to choose?

Where do you prefer to invest free (in the home) money:

a) a deposit in a savings bank;

b) for the purchase of shares;

a) for the purchase of foreign currency;

d) for the purchase of lottery tickets.

 

Independent work of the student

Questions for self-study:

1. Land market, land rent, the price of land.

2. The process of discounting

 

Form of control:

- Tests

- To discuss

 

Theme 10. The national economy as a system

(1 hour)

The seminars

The purpose of the lesson:

- To study the macroeconomic indicators.

- Explore methods of measuring GDP.

- To consider the basic model of state regulation of the economy.

 

Topics for discussion:

1. General characteristics of the SNA.

2. GNP and methods of measurement.

3. Relationship GNP and NNP indicators, national income, and personal disposable income.

 

Questions and tasks:

1. Based on the data presented in the table are calculated:

A) GDP expenditure

B) GDP by income

C) Net National Product (NNP)

D) National Income

E) Personal income

F) After-tax income

 

  Billion. on units.
Personal consumption expenditures
Depreciation
Indirect business taxes
rent
Net investment
Percent
Transfer payments
Government purchases of goods and services
Wages to employees
Dividends
Exports
Unallocated corporate profits
Income from individual investment
Corporate tax
Social security contributions
Individual taxes
Imports

 

2. The table presents the nominal and real GDP over the period 1999 to 2003

 

year Nominal GDP real GDP GDP deflator The inflation rate
   
   
   
   
   

 

Complete the table and answer the following questions:

A) In which period there was a decrease of GDP deflator? What does this mean? How does this affect the total output?

B) What years are characterized by inflation, and what - deflation?