MM Matrikulasi Ibs
MM Matrikulasi Ibs
MM Matrikulasi Ibs
Economics for
Managers
===Matrikulasi ===
1
Cabang Ilmu Ekonomi
ILMU EKONOMI
EKONOMI EKONOMI
MIKRO MAKRO
2
EKONOMI MIKRO
PERILAKU PERILAKU
KONSUMEN PRODUSEN
SUPPLY
DEMAND
3
PERILAKU KONSUMEN
• Materi:
1. Budget Constraint
2. Indifference Curve
3. Optimal Choice
4
THE BUDGET CONSTRAINT: WHAT
THE CONSUMER CAN AFFORD
5
The Consumer’s Budget Constraint
6
THE BUDGET CONSTRAINT: WHAT
THE CONSUMER CAN AFFORD
7
The Consumer’s Budget Constraint
Quantity
of Pepsi
B
500
Consumer’s
budget constraint
A
0 100 Quantity
of Pizza
8
THE BUDGET CONSTRAINT: WHAT
THE CONSUMER CAN AFFORD
• The Consumer’s Budget Constraint
– Alternately, the consumer can buy 50 pizzas
and 250 pints of Pepsi.
9
The Consumer’s Budget Constraint
Quantity
of Pepsi
B
500
C
250
Consumer’s
budget constraint
A
0 50 100 Quantity
of Pizza
10
THE BUDGET CONSTRAINT: WHAT
THE CONSUMER CAN AFFORD
11
PREFERENCES: WHAT THE
CONSUMER WANTS
12
Representing Preferences with Indifference
Curves
13
The Consumer’s Preferences
Quantity
of Pepsi
C
B D
I2
Indifference
A
curve, I1
0 Quantity
of Pizza
14
Representing Preferences with
Indifference Curves
• The Consumer’s Preferences
– The consumer is indifferent, or equally happy,
with the combinations shown at points A, B,
and C because they are all on the same
curve.
• The Marginal Rate of Substitution
– The slope at any point on an indifference
curve is the marginal rate of substitution.
• It is the rate at which a consumer is willing to trade
one good for another.
• It is the amount of one good that a consumer
requires as compensation to give up one unit of
the other good.
15
The Consumer’s Preferences
Quantity
of Pepsi
C
B D
MRS I2
1
Indifference
A
curve, I1
0 Quantity
of Pizza
16
Four Properties of Indifference Curves
17
Four Properties of Indifference Curves
18
The Consumer’s Preferences
Quantity
of Pepsi
C
B D
I2
Indifference
A
curve, I1
0 Quantity
of Pizza
19
Four Properties of Indifference Curves
20
The Consumer’s Preferences
Quantity
of Pepsi
Indifference
curve, I1
0 Quantity
of Pizza
21
Four Properties of Indifference Curves
22
The Impossibility of Intersecting Indifference
Curves
Quantity
of Pepsi
0 Quantity
of Pizza
23
Four Properties of Indifference Curves
24
Bowed Indifference Curves
Quantity
of Pepsi
14
MRS = 6
A
8
1
4 B
MRS = 1
3
1
Indifference
curve
0 2 3 6 7 Quantity
of Pizza
25
OPTIMIZATION: WHAT THE CONSUMER
CHOOSES
26
The Consumer’s Optimal Choices
27
The Consumer’s Optimal Choice
28
The Consumer’s Optimum
Quantity
of Pepsi The consumer would prefer to
be on indifference curve I3, but
does not have enough income
to reach that indifference curve.
Optimum
Budget constraint
0 Quantity
of Pizza
29
WHAT ARE COSTS?
• The Firm’s
Objective
– The economic goal
of the firm is to
maximize profits.
30
Total Revenue, Total Cost, and
Profit
• Total Revenue
– The amount a firm receives for the sale of its
output.
• Total Cost
– The market value of the inputs a firm uses in
production.
31
Total Revenue, Total Cost, and
Profit
• Profit is the firm’s total revenue minus its
total cost.
32
Costs as Opportunity Costs
• A firm’s cost of production includes all the
opportunity costs of making its output of
goods and services.
• Explicit and Implicit Costs
– A firm’s cost of production include explicit
costs and implicit costs.
• Explicit costs are input costs that require a direct
outlay of money by the firm.
• Implicit costs are input costs that do not require an
outlay of money by the firm.
33
Economic Profit versus
Accounting Profit
• Economists measure a firm’s economic
profit as total revenue minus total cost,
including both explicit and implicit costs.
• Accountants measure the accounting profit
as the firm’s total revenue minus only the
firm’s explicit costs.
34
Economic Profit versus
Accounting Profit
• When total revenue exceeds both explicit
and implicit costs, the firm earns economic
profit.
• Economic profit is smaller than accounting
profit.
35
Figure 1 Economists versus
Accountants
How an Economist How an Accountant
Views a Firm Views a Firm
Economic
profit
Accounting
profit
Implicit
Revenue costs Revenue
Total
opportunity
costs
Explicit Explicit
costs costs
36
THE VARIOUS MEASURES
OF COST
• Costs of production may be divided into
fixed costs and variable costs.
– Fixed costs are those costs that do not vary
with the quantity of output produced.
– Variable costs are those costs that do vary
with the quantity of output produced.
37
Fixed and Variable Costs
• Total Costs
– Total Fixed Costs (TFC)
– Total Variable Costs (TVC)
– Total Costs (TC)
– TC = TFC + TVC
38
Table 2 The Various Measures
of Cost: Thirsty Thelma’s
Lemonade Stand
39
Fixed and Variable Costs
• Average Costs
– Average costs can be determined by dividing
the firm’s costs by the quantity of output it
produces.
– The average cost is the cost of each typical
unit of product.
40
Fixed and Variable Costs
• Average Costs
– Average Fixed Costs (AFC)
– Average Variable Costs (AVC)
– Average Total Costs (ATC)
– ATC = AFC + AVC
41
Average and Marginal Costs
Fixed cost FC
AFC
Quantity Q
Variable cost VC
AVC
Quantity Q
Total cost TC
ATC
Quantity Q
42
Average and Marginal Costs
• Marginal Cost
– Marginal cost (MC) measures the increase in
total cost that arises from an extra unit of
production.
– Marginal cost helps answer the following
question:
• How much does it cost to produce an additional
unit of output?
43
Average and Marginal Cost
44
Thirsty Thelma’s Lemonade
Stand
Note how Marginal Cost changes with each change in Quantity.
45
A CT I V E L E A R N I N G 3
Calculating costs
Fill in the blank spaces of this table.
Q VC TC AFC AVC ATC MC
0 $50 n/a n/a n/a
$10
1 10 $10 $60.00
2 30 80
30
3 16.67 20 36.67
4 100 150 12.50 37.50
5 150 30
60
6 210 260 8.33 35 43.33
© 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as
permitted in a license distributed with a certain product or service or otherwise on a password -protected website for classroom use.
46
What Is a Market?
• A market is a group of buyers and sellers
of a particular good or service.
47
What Is a Market?
• Buyers determine demand.
48
DEMAND
• Quantity demanded is the amount of a
good that buyers are willing and able to
purchase.
• Law of Demand
– The law of demand states that, other things
equal, the quantity demanded of a good falls
when the price of the good rises.
49
The Demand Curve: The Relationship
between Price and Quantity Demanded
• Demand Schedule
– The demand schedule is a table that shows
the relationship between the price of the good
and the quantity demanded.
50
Catherine’s Demand Schedule
51
The Demand Curve: The Relationship
between Price and Quantity Demanded
• Demand Curve
– The demand curve is a graph of the
relationship between the price of a good and
the quantity demanded.
52
Catherine’s Demand Schedule and Demand
Curve
Price of
Ice-Cream Cone
$3.00
2.50
1. A decrease
2.00
in price ...
1.50
1.00
0.50
0 1 2 3 4 5 6 7 8 9 10 11 12 Quantity of
Ice-Cream Cones
2. ... increases quantity
of cones demanded.
53
Shifts in the Demand Curve
• Change in Quantity Demanded
– Movement along the demand curve.
– Caused by a change in the price of the
product.
54
Changes in Quantity Demanded
A tax on sellers of ice-
Price of Ice-
Cream cream cones raises the
Cones
price of ice-cream
B cones and results in a
$2.0
0
movement along the
demand curve.
1.00 A
D
0 4 8Quantity of Ice-Cream Cones
55
Shifts in the Demand Curve
– Consumer income
– Prices of related goods
– Tastes
– Expectations
– Number of buyers
56
Shifts in the Demand Curve
• Change in Demand
– A shift in the demand curve, either to the left
or right.
– Caused by any change that alters the quantity
demanded at every price.
57
Shifts in the Demand Curve
Price of
Ice-Cream
Cone
Increase
in demand
Decrease
in demand
Demand
curve, D2
Demand
curve, D1
Demand curve, D3
0 Quantity of
Ice-Cream Cones
58
Shifts in the Demand Curve
• Consumer Income
– As income increases the demand for a normal
good will increase.
– As income increases the demand for an
inferior good will decrease.
59
Consumer Income Normal Good
Price of Ice-
Cream Cone
$3.0 An increase
0
2.5 in income...
0 Increase
2.0 in demand
0
1.5
0
1.0
0
0.5
0
D2
D1 Quantity
of Ice-
0 1 2 3 4 5 6 7 8 9 10 11 12 Cream
60
Cones
Consumer Income Inferior Good
Price of Ice-
Cream Cone
$3.0
0
2.5 An increase
0
2.0
in income...
0 Decrease
1.5 in demand
0
1.0
0
0.5
0
D2 D1 Quantity of
Ice-Cream
0 1 2 3 4 5 6 7 8 9 10 11 12 Cones
61
Shifts in the Demand Curve
• Prices of Related Goods
– When a fall in the price of one good reduces
the demand for another good, the two goods
are called substitutes.
– When a fall in the price of one good increases
the demand for another good, the two goods
are called complements.
62
Variables That Influence Buyers
63
SUPPLY
• Quantity supplied is the amount of a good
that sellers are willing and able to sell.
• Law of Supply
– The law of supply states that, other things
equal, the quantity supplied of a good rises
when the price of the good rises.
64
The Supply Curve: The Relationship
between Price and Quantity Supplied
• Supply Schedule
– The supply schedule is a table that shows the
relationship between the price of the good
and the quantity supplied.
65
Ben’s Supply Schedule
66
Ben’s Supply Schedule and Supply Curve
Price of
Ice-Cream
Cone
$3.00
2.50
1. An
increase
in price ... 2.00
1.50
1.00
0.50
0 1 2 3 4 5 6 7 8 9 10 11 12 Quantity of
Ice-Cream Cones
2. ... increases quantity of cones supplied.
67
Shifts in the Supply Curve
• Input prices
• Technology
• Expectations
• Number of sellers
68
Change in Quantity Supplied
Price of Ice-
Cream S
Cone
C
$3.0
0 A rise in the price
of ice cream
cones results in a
movement along
A the supply curve.
1.00
Quantity of
Ice-Cream
0 1 5 Cones
69
Shifts in the Supply Curve
Price of
Ice-Cream Supply curve, S3
Supply
Cone
curve, S1
Supply
Decrease curve, S2
in supply
Increase
in supply
0 Quantity of
Ice-Cream Cones
70
Variables That Influence Sellers
71
SUPPLY AND DEMAND TOGETHER
• Equilibrium refers to a situation in which
the price has reached the level where
quantity supplied equals quantity
demanded.
72
SUPPLY AND DEMAND TOGETHER
• Equilibrium Price
– The price that balances quantity supplied and
quantity demanded.
– On a graph, it is the price at which the supply
and demand curves intersect.
• Equilibrium Quantity
– The quantity supplied and the quantity
demanded at the equilibrium price.
– On a graph it is the quantity at which the
supply and demand curves intersect.
73
SUPPLY AND DEMAND TOGETHER
Demand Supply
Schedule Schedule
Equilibrium Demand
quantity
0 1 2 3 4 5 6 7 8 9 10 11 12 13
Quantity of Ice-Cream Cones
75
Latihan Soal
76
Ekonomi Makro
GDP INFLASI
Pengangguran
77
Pertumbuhan Ekonomi
78
GDP (Gross Domestic Product)
Adalah nilai pasar untuk barang dan jasa yang diproduksi
di dalam negeri dalam periode waktu tertentu
79
Metode Pengeluaran
GDP (Y) is the sum of the following:
Consumption (C)
Investment (I)
Government Purchases (G)
Net Exports (NX)
Y = C + I + G + NX
80
Komponen Metode Pengeluaran
• Consumption (C):
• The spending by households on goods and
services, with the exception of purchases of
new housing.
• Investment (I):
• The spending on capital equipment,
inventories, and structures, including new
housing.
81
Komponen Metode Pengeluaran
• Government Purchases (G):
– The spending on goods and services by local,
state, and federal governments.
– Does not include transfer payments because
they are not made in exchange for currently
produced goods or services.
• Net Exports (NX):
– Exports minus imports.
82
Metode Produksi
• Adalah total produksi yang dihasilkan oleh
masing-masing sektor dalam
perekonomian.
• Adapun sektor-sektor tersebut adalah:
pertanian, pertambangan dan penggalian,
industri pengolahan, listrik,gas,dan air
minum, bangunan, perdagangan, hotel,
dan restoran, pengangkutan dan
komunikasi, jasa keuangan, dan lain-lain
83
Metode Pendapatan
• Metode pendapatan memandang nilai output
dalam perekonomian sebagai nilai total
balas jasa atas faktor produksi yang
digunakan dalam proses produksi
• Balas jasa untuk tenaga kerja adalah upah
atau gaji
• Untuk barang modal adalah pendapatan
sewa
• Untuk pemilik uang/aset finansial adalah
pendapatan bunga
• 84
85
86
PEREKONOMIAN INDONESIA SECARA SPASIAL
87
88
9
89
Countries
Largest
GDP per
capita
2017
90
91
92
93
Saving and Investment
• We can boost productivity by increasing K,
which requires investment.
• Since resources scarce, producing more
capital requires producing fewer
consumption goods.
• Reducing consumption = increasing saving.
This extra saving funds the production of
investment goods.
• Hence, a tradeoff between current and
future consumption.
94
Diminishing Returns and the Catch-Up Effect
95
The Production Function & Diminishing Returns
Y/L
If workers
Output per
have little K,
worker
giving them more
(productivity)
increases their
productivity a lot.
If workers already
have a lot of K,
giving them more
increases
K/L
productivity
fairly little.
Capital per worker
96
The catch-up effect: the property whereby poor
countries tend to grow more rapidly than rich ones
Y/L
Rich country’s
growth
Poor country’s
growth
K/L
Poor country
starts here Rich country starts here
97
Example of the Catch-Up Effect
• Over 1960–1990, the U.S. and S. Korea
devoted a similar share of GDP to
investment, so you might expect they
would have similar growth performance.
• But growth was >6% in Korea and only 2%
in the U.S.
• Explanation: the catch-up effect.
In 1960, K/L was far smaller in Korea than
100
How Productivity Is Determined
• Human capital per worker is the
economist’s term for the knowledge and
skills that workers acquire through
education, training, and experience.
• Like physical capital, human capital raises
a nation’s ability to produce goods and
services.
101
How Productivity Is Determined
• Natural resources are inputs used in
production that are provided by nature, such
as land, rivers, and mineral deposits.
– Renewable resources include trees and forests.
– Nonrenewable resources include petroleum and
coal.
• Natural resources can be important but are
not necessary for an economy to be highly
productive in producing goods and services.
102
How Productivity Is Determined
• Technological knowledge includes
society’s understanding of the best ways
to produce goods and services.
• Human capital includes the resources
expended transmitting this understanding
to the labor force.
103
INFLASI
104
INFLASI
Adalah rata-rata kenaikan tingkat harga barang dan jasa
dalam periode waktu tertentu
105
Disagregasi IHK
Inflasi Inti, yaitu komponen inflasi yang cenderung menetap atau persisten
(persistent component) di dalam pergerakan inflasi dan dipengaruhi oleh faktor
fundamental, seperti:
• Interaksi permintaan-penawaran
• Lingkungan eksternal: nilai tukar, harga komoditi internasional, inflasi mitra
dagang
• Ekspektasi Inflasi dari pedagang dan konsumen
Inflasi non Inti, yaitu komponen inflasi yang cenderung tinggi volatilitasnya
karena dipengaruhi oleh selain faktor fundamental. Komponen terdiri dari :
Inflasi Komponen Bergejolak (Volatile Food) :
Inflasi yang dominan dipengaruhi oleh shocks (kejutan) dalam kelompok
bahan makanan seperti panen, gangguan alam, atau faktor perkembangan
harga komoditas pangan domestik maupun perkembangan harga komoditas
pangan internasional.
Inflasi Komponen Harga yang diatur Pemerintah (Administered Prices) :
Inflasi yang dominan dipengaruhi oleh shocks (kejutan) berupa kebijakan
harga Pemerintah, seperti harga BBM bersubsidi, tarif listrik, tarif angkutan,
106
107
Penyebab Inflasi
Tingkat Keparahan inflasi:
1. Inflasi ringan
Adalah tingkat inflasi dibawah 10 % setahun
2. Inflasi Sedang
Adalah tingkat inflasi diantara 10 – 30 % per tahun
3. Inflasi tinggi
Adalah tingkat inflasi diantara 30 – 100 % per tahun
4. Hyperinflasi
Adalah tingkat inflasi diatas 100 % per tahun
108
Contoh Inflasi di Zimbabwe
109
Lanjutan Inflasi diZimbabwe
110
Perekonomian Zimbabwe terus mengalami kemorosotan
selama beberapa waktu. Inflasi negeri ini terus meningkat
hingga 2,2 juta persen, yang menjadi inflasi tertinggi di
dunia.] Akibat inflasi yang tinggi tersebut, bank sentral
Zimbabwe sudah mengeluarkan 4 versi mata uang sampai
sekarang. Terakhir kali bank sentral Zimbabwe
mengeluarkan pecahan $ 100,000,000,000,000 (100 triliun
dolar) yang menjadi uang dengan nominal terbesar didunia
yang kemudian digantikan dengan dolar versi ke-4 di
mana setiap $ 100,000,000,000,000 (100 triliun dolar)
uang lama digantikan menjadi $1 uang baru. Dengan
ekonomi yang terus memburuk sekarang bank sentral
Zimbabwe memutuskan untuk membolehkan rakyatnya
menggunakan mata uang dolar Amerika sebagai mata
uang mereka untuk menstabilkan kembali ekonomi
Zimbabwe. 111
Kasus Venezuela
112
Untuk menyelamatkan masyarakat dari hiperinflasi, pemerintah
Venezuela mengumumkan kenaikan upah minimum sebanyak 3 ribu
persen, namun saat yang sama Venezuela menaikkan pajak dan
berencana mematok mata uang bolivar ke petro serta mendukung
cryptocurrency.
113
Sumber /penyebab Inflasi:
1. Demand pull inflation
2. Cost push inflation
Asal Inflasi:
1. Domestic Inflation
2. Imported Inflation
114
Kebijakan Mengatasi Inflasi
Kebijakan Moneter
1. Operasi pasar terbuka
2. Politik diskonto
3. Menaikkan cadangan kas
4. Kredit selektif
5. Politik sanering
Kebijakan Fiskal
1. Menaikkan tarif pajak
2. Mengatur penerimaan dan pengeluaran pemerintah
3. Mengadakan pinjaman pemerintah
115
Kebijakan Non Moneter
116
117
118
119
120
PENGANGGURAN
121
Pengangguran
• Definisi Pengangguran menurut ILO:
1. Pengangguran Terbuka
adalah seseorang yang termasuk kelompok penduduk usia kerja yang
selama periode tertentu tidak bekerja, dan bersedia menerima
pekerjaan, serta sedang mencari pekerjaan.
123
Jenis Berdasarkan Penyebab Pengangguran
124
Lanjutan……
• Pengangguran Unik
adalah pekerja yang menerima gaji secara rutin tanpa
pemotongan, tetapi ditempat kerjanya hanya sering diisi
dengan bercerita sesama pekerja karena minimnya
pekerjaan yang harus dikerjakan. Hal ini disebabkan
karena tempat kerjanya kelebihan tenaga. Perkecualian,
semisal pegawai atau petugas Pemadam Kebakaran
atau Penanggulangan Bencana Alam. Pegawai atau
petugas semisal ini tenaganya harus disimpan dan
dipersiapkan secara khusus jika ada pelatihan atau
simulasi atau harus diterjunkan pada situasi sebenarnya.
125
Penyebab Pengangguran
• Upah Minimum Propinsi
• Serikat Pekerja
• Teori Efisiensi Upah
• Pertumbuhan penduduk yang tinggi
• Rendahnya laju investasi produktif
• Siklus bisnis yang melemah
• Rendahnya kualitas pendidikan
masyarakat
• Strategi industri yang labor saving
126
127
128
129
Kebijakan Pemerintah
• Berperilaku sebagai agen tenaga kerja
• Mendirikan program pelatihan kepada
masyarakat
• Mengurangi jumlah pertumbuhan
penduduk
• Membuat peraturan yang mendorong
meningkatnya industri
• Meningkatkan kualitas pendidikan
130
TERIMA KASIH
131