Title: Describe the influence of basic microeconomic and macroeconomic concepts on business decisions.
Course: Business Management (12052-18) > Section: Examining Economic Factors Affecting Business

Description should include the roles in microeconomics and macroeconomics of the following concepts:

- Supply and demand determinants
- Leading economic indicators and trends (e.g., gross domestic product [GDP], inflation, unemployment)
- Business cycle
- Circular flow of economic activity (e.g., discretionary, disposable income as it relates to business and consumer decision-making)