Economy. . . . . . The word economy comes from a Greek word for “one who manages a household

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

In a free, unregulated market system, market forces establish equilibrium prices and exchange quantities. While equilibrium conditions may be efficient, it may be true that not everyone is satisfied

The Costs of Taxation How do taxes affect the economic well- being of market participants?

International Trade What determines whether a country imports or exports a good?

西安石油大学经济管理学院：《会计学 Accounting》课程教学资源（电子课件，打印版）第一章 会计学的基本概念

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