1: Understanding Economic Systems and Business Last updated Save as PDF Page ID 97320 1.1: Introduction 1.2: The Nature of Business 1.3: Understanding the Business Environment 1.4: How Business and Economics Work 1.5: Macroeconomics- The Big Picture 1.6: Achieving Macroeconomic Goals 1.7: Microeconomics- Zeroing in on Businesses and Consumers 1.8: Competing in a Free Market 1.9: Trends in the Business Environment and Competition