Trong việc hoàn thành nhiệm vụ này, Bộ Giáo Dục California đã phát triển một thành phần chương trình giáo dục kinh doanh mà có thể được sử dụng để đáp ứng các yêu cầu của Thượng viện Bill 813 (HartHughes Giáo dục Đạo luật sửa đổi năm 1983) và Thượng viện Bill 1213 (Kinh tế Yêu cầu tốt nghiệp). | Introduction to Economics-01 Instructional Ideas C. Objective and subjective analysis 1. Objective-citing only data from the chart or graph ruling out aspects of a problem which seem important only because of strong emotions or feelings. 2. Subjective-translating evaluating the data based on personal opinion drawing inferences from the data based on strong feelings. D. Proper use of statistics 1. Go back to charts and graphs and demonstrate the wrong use of statistics Drawing improper conclusions from the available data Stressing the minor points of the data and not the major directions result 01-07 Overview of Marginal Analysis A. Use of marginal analysis in economics 1. Marginal analysis is simply an analysis of what happens when small changes take place relative to the status quo. 2. Related to advertising what happens when a certain amount is spent on newspaper advertising. Example If a business person spends 1 000 in newspaper advertising and it generates 49 000 in revenues does this mean that if he she spends ten times that amount 10 000 that it will generate 490 000 in revenues Is it possible to spend 10 l000 additional in advertising and increase the total revenue to 50 000 compared to 49 000 total revenue for 1 000 in advertising expenditure 3. Key areas to initially stress remember this is only introducing a concept not thoroughly expanding on it Margin of difference Marginal synonymous with additional or last Incremental steps B. Using the example above relate opportunity costs and trade-offs in advertising 18 Introduction to Economics-01 Instructional Ideas 1. What are the trade-offs for a large advertising budget expenditures 2. What are the opportunity costs associated with advertising locally versus statewide 01-08 Decision Making in Economics with Implications for Business A. Five steps in problem solving 1. State the problem. 2. List choices. 3. Compare the advantages and disadvantages of each choice. 4. Act on the choice. 5. Evaluate the decision.
