Simplifying Global Economics, Business, and Finance edunomics.club
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Sahith Malyala Senior Goes to Thomas Jefferson (TJ) Interested in quantitative finance and venture capital Enjoys swimming and working out
Transcript of Simplifying Global Economics, Business, and Finance edunomics.club
About UsTwo high school students who have an interest in
businessTeach economics, business, and finance to middle
school students
Sahith MalyalaSenior Goes to Thomas Jefferson (TJ)Interested in quantitative finance and venture
capitalEnjoys swimming and working out
Sahil YedullaSenior Goes to Broad RunInterested in financial engineeringPlays golf and basketball
Game PlanBriefly explain economics, business, and financeWeek 1- Supply and DemandVillage Game
EconomicsEconomics is the concept of people, businesses,
and nations making choices to satisfy wants and needs
Has two major subcategories: Macro and Micro economics
Macroeconomics- Refers to large scale economic factors often relating to GDP, money market, and foreign exchange market
Microeconomics- Study of how individuals and companies make financial decisions
BusinessInteractions between consumers, producers, and
governmentBusiness basicsCommunicating to convince others to buy/sell a
productNumber trickPitching: Shark Tank VideoWe will do mock pitches later on in the year
FinanceRefers to how one manages money and acquires
money via loans, investing, etcMany aspects: corporate, personal, etcIncludes money, the history of it and the value of
it Stock market game with prizes!
Supply And DemandMajor part of economicsRefers to the relationship between how much of a
product there is (supply) and how many people/things require the product (demand)
Changes in DemandChanges in the prices of related goods or servicesChanges in incomeChanges in tastesChanges in the number of consumers
Changes in SupplyChanges in the prices of related goods or servicesChanges in input pricesChanges in technologyChanges in the number of producers
Graphs
The GoalThe goal is to find an equilibrium point between
supply and demand by doing so prices will be stable.
Village GameIllustrates Supply and DemandTeams of 2-3Goal: 3 of each item
Next ClassReview what we learned todayTalk about GDP and Unemployment
