Business Scheme and Finance Tips

Posts Tagged ‘Economic’

Consumer confidence index  in January 2011 weakened to as low as the lowest in five months following the growing worries over economic conditions. While the index of perception of the business that reflect the perception of entrepreneurs in the I quarter of 2011 are also lower than the FOURTH quarter of 2010.

According to the survey results conducted IKK emotional discharge Research Institute (DRI) Investor receives Daily, Tuesday (7/2). Whereas ITB is the result of a survey conducted the Central Board of Statistics (BPS).

Chief Economist with  speak, consumers feel worried over rising food prices. It concerns articulated by 74,9% of consumers surveyed, up compared to December 2010 as much as 67,2%. “As a result, consumer confidence index down by 2.3% to 82,3 after down 1.9% in December,” explained Purbaya.

IKK, i.e. components that formed the present situation index (ISS) that shows the current state down by 6.8% to 62.5 because consumers pass judgement is worse for the State of the economy and employment at this time. As for other components, which shows the IKK State future the expectations index (IE), relatively unchanged at 97.1.

Purbaya exposes, the decline in optimism against the prospect of economic society in the next six months making plans consumers to buy durable goods declined. It looks from a decrease in the percentage of 27.4% in December to 25.1%.

“It seems the more cautious consumers and more careful consideration in buying goods in order to set aside money to prepare for the opportunities the worsening economic conditions in the future,” he take apart.

On the other hand, the head of BPS Rusman Heriawan said the perception that business on the I quarter of 2011, slightly down compared 106,56 position quarter IV 2010 amounted to 106,63. “All sectors of the economy in the first quarter is expected to increase its business condition I with the sectors of electricity, gas, and clean water are increasing most high,” he’s obviously.

The value of the third sector’s reach the index 107,81. While business conditions in the financial sector, real estate, and services companies are relatively stagnant with the value of the index 100,44.

Inflationary Pressures Are Reduced

Despite an increase in food prices, overall consumer inflation pressure is reduced am sure in the next six months. Consumers who feel confident prices would go up in the next six months fell from 93,3% to 89.8%.

This makes the index measuring consumer sentiment against inflation down 2.5% from 192,3 be 187,5. However, the index was still well above the value of 100. “This shows that most people still feel worried over rising prices,” said Purbaya.

In the meantime, consumer confidence index (IKKP) against the Government which showed consumer confidence on the ability of the Government of carrying out his duties, weakening 1.4% to gold 90.5 in January from 91,8 on last December.

According to Purbaya, three of the five components that make up the IKKP decreased. The largest reduction occurred in a component that shows the ability of the Government in maintaining price stability (associated index down by 8.2% to 60.3).

Meanwhile, consumer perception index (ITK) in Jabodetabek does BPS found the fact that economic conditions throughout the consumer I 2011 projected quarter better than the previous quarter, i.e. from 101,09 to 106,49.

According to Rusman, repair of such consumer economic conditions due to an increase in estimated case household income. However, index plan the purchase of durable goods decreased with the value of index is predictable 84,16 due to 62,97% of respondents did not plan to buy durable goods.

Objective of the study of economics

The purpose of studying economics is the proper distribution of scarce resources to meet human needs. In other words, analyzing the relationship between the resources available, which are limited in nature and needs, which are absolute, but hierarchical. The object of economics is very broad, encompassing the study and analysis of the following facts:
The way in fixing the prices of goods and factors of production such as labor, capital and land and how they are used to allocate resources.
The behavior of financial markets and the way capital is allocated in society.
The consequences of state intervention in society and their influence on the efficiency of the market.
The income distribution and suggests the best methods of helping poverty without affecting economic performance.
The influence of public spending , the taxes and the state budget deficit in the growth of countries.
As business cycles are developed, its causes, the oscillations of unemployment and output, as well as measures to improve economic growth in the short and long term.
The flow of international trade and the consequences of erecting barriers to free trade.
The growth of developing countries.

Economy (οἶκος, oikos “house” in the sense of heritage , and νέμω, nemo “manage”) is the social science that studies the economic behavior of individual agents production , exchange , distribution and consumption of goods and services , understood as means necessary human and individual or collective result of the society . Other doctrines help to further this study: the psychology and philosophy, attempt to explain how to determine the objectives, history records the change of targets in time, the sociology interprets human behavior in a social and political science explains the relationship power to intervene in economic processes.
The economic literature can be divided into two broad areas: microeconomics and macroeconomics . The Microeconomics studies the behavior of individual economic agents, mainly the companies and consumers. Microeconomics explains how to determine variables such as prices of goods and services, wage levels, profit margins and changes in income. The agents will make decisions trying to get the maximum satisfaction possible, ie maximize their utility . The macroeconomic variables analyzed, aggregated total domestic production, the production , the unemployment , the balance of payments , the rate of inflation and wages , understanding the problems concerning the level of employment and the rate of production or income of a country .