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International Information Technology University JSC Faculty of Information Technology Department of Economics and Business Approved Vice-Rector for Academic and Educational Affairs of IITU JSC, PhD __________ Umarov T.F. «___» __________ 2020 METHODOLOGICAL COMPLEX Course (code, title): ETH 1111 Economic theory Major (code, title) : В046 Finance, economy, banking and insurance Educational program (code, title): 6B04104 Financial Engineering, 6B04105 Financial technologies Form of study: full time Author (name, title, position, signature): Askarov D.T., PhD, assistant professor ____________ Head of the Department: Shildibekov Ye. Zh., PhD ____________ Almaty 2020 Table of Contents No List of documents 1 Standard academic program for compulsory

10 principle s of Economics 1. People face trade-offs. After reading about the first principle I understood that people always have to choose between something. We need to understand that during the time when we must choose between two or more things, we can choose the best option. In my opinion people should choose a way that will benefit in the future. 2. The cost of somet hing is what you give up to get it. You have to pay for any pleasure. And I absolutely agree with it. Because when you make a decision for some action you inevitable

1 Economics 101 Fall 2014 Answers to Homework #3 Due 10/30/14 Directions: The homework will be collected in a box before the lecture. Please place y our name, TA name and section number on top of the homework. Write legibly throughout the whole homework. Make sure you write your name as it appears on your ID so that you can rec eive the correct grade. Please remember the section number for the section for which you are registered, becau se you will need that number when you submit exams and homework. Late homework will not be accepted so make plans

Term Definition diseconomies of scale the property whereby long run average total cost rises as the quantity of output increases total revenue TR=P*Q the amount a firm receives for the sale of its output U-shaped average total cost the bottom of the U-shape occurs at the quantity that minimizes average total cost explicit costs input costs that require an outlay of money by the firm profit total revenue minus total costs implicit costs input costs that do not require an outlay of money by the firm ec onomic profit total revenue minus total cost, including both explicit and implicit costs

1) What is the money? Money is an economic unit which is accepted as payment for goods and services and debt repayment in a given country. 2) Explain the functions of money on the example of your or your parents daily activities? Money primarily functions as a medium of exchange. That is, for example, when we go to a store, we put the things we need into the basket, and exchange money for them at the checkout. Also, you need to pay for any service (beauty salon, hospital, transport), even for a parking space in many places it is paid.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 A B C D E F G H I J Ch 7 Mini Case 5/11/2003 Situation Features of Common Stock Classified Stock THE DISCOUNTED DIVIDEND APPROACH D 1 + D 2 + . . . . D n ( 1 + r s )

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3 ways of pricing 2022044357 T ai Jia Yi EDLP, Hi-Lo and Margin Arithmetic I did not use a translation service. 1 This article was about 3 pr icing strategies, and it would be fun to share how I experienced th ese 3 types of pricing in real life. This experience happened in a local supermarket. Back when I was in Malaysi a, I did majority of the grocery shopping for the family, therefore I went to the markets very often. In the supermarkets you can easily see these 3 pricing strateg ies in real life. I was trying to

Smart Business Experiments 2022044357 T ai Jia Yi A journey of discovery I did not use a translation service. 1 Like the article I read last week, this also see med to be about how to understand customer needs what they want and how to improve overall customer experience. This article pr ovides a few steps on how that is poss ible. But rather than going through the details steps I decided to express this essay in a few key lessons I have learnt linking it to the article. In the vast world of business, there are endless opportunities and