Make your own free website on Tripod.com
uitm
Selected Economic Glossary
Home
Give Your Feedback
Family & Friends
Teaching Philosophy & Experience
Study Tips & Strategies
Favorite Links
Contact Me
Course Rules & Regulations
ECO101
Selected Economic Glossary
SSC351--Improving Office Productivity Through TQM
SSC351--Work Measurement and Work Standards
SSC351--Promotion
SSC351--Managing Human Resources
SSC351--Communicating in the Office
SSC351--Administrative Office System
SSC351--Appraising The Office Worker's Performance
SSC351 Study Guide

Enter subhead content here

Aggregate Demand: Aggregate demand is the sum of all demand in an economy. This can be computed by adding the expenditure on consumer goods and services,government purchase, investment, and net exports (total exports minus total imports).
 
Aggregate Supply: Aggregate supply is the total value of the goods and services produced in a country, plus the value of imported goods less the value of exports.
 
Average Total Cost: Average total cost is the sum of all the production costs divided by the number of units produced.
 
 
 
 

Enter supporting content here