Economics for Business: Demand and Supply Analysis, UK Government Policies

Economics
for
business

EXECUTIVE SUMMARY
This report is about economics for business, some economic methods that are used in real
business world. Managerial economics helps business for decision-making by analysis of
demand and supply in the market. Demand refers to consumers wants to buy goods or services at
a given price in a particular period of time and supply refers availability of goods or services for
consumers at a given price in a particular time. UK government has various governmental and
economic policies in order to influence consumers spending.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Demand and supply analysis:.......................................................................................................1
TASK 2............................................................................................................................................7
1. Analysis and evaluation of the major governmental and economic policies of the UK that
can be used to influence the retail spending by the consumers in the UK...................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11