 了解企业的主要经济活动  理解确认与计量  掌握收入确认的基本原则与会计处理  掌握货币资金项目的核算  掌握银行存款余额调节表的编制  认识会计控制要点  掌握应收款项的核算与管理  掌握应收票据的核算

Factors of Production Factors of production are the inputs used to produce goods and services

Differences in Earningsin the U.S. Today The typical physician earns about $200,000a year. The typical police officer earns about$50,000 a year. The typical farm worker earns about$20,000 a year

The Theory of Consumer Choice The theory of consumer choice addresses the following questions: – Do all demand curves slope downward? – How do wages affect labor supply? – How do interest rates affect household saving?

A firm, using two inputs K and L to produce one product, whose production function is 2 / 5 3/ 5 Q = 25L K

海南大学：《会计学原理》课程教学大纲 ACCOUNTING PRINCIPLES

Outline The Economist as Scientist The Economist as Policy Adviser Why Economists disagree

Interdependence and Trade Consider your typical day: – You wake up to a alarm clock made in Wenzhou – You put on some clothes made of cotton grown in Xinjiang and sewn in factories in Fujian Province

Elasticity… … is a measure of how much buyers and sellers respond to changes in market conditions … allows us to analyze supply and demand with greater precision

Importance of Supply-Demand Analysis A little knowledge goes a long way: Price Control, Taxation and other policies. Market welfare: Normative Analysis International Trade Externality (Market Failure) Market Power (Market Failure) Other markets: Financial Market, Labor Market. Macroeconomics