• Study Resource
  • Explore Categories
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
File
File

... 2) Price of the substitutes & complementary goods 3) Consumer’s Income 4) Consumer’s Tastes & Preferences 5) Number of Consumers & their Distribution 6) Amount spent on Advertisement 7) Consumers expectations 8) Demonstration effect 9) Consumer Credit facility 10) Population of the country ...
natural resource abundance, human capital and economic growth in
natural resource abundance, human capital and economic growth in

... first half of the twentieth centuries there were several experiences of development where natural resources seem to have been the engine of economic growth (Wright, 1990; and Blomstrom and Meller, 1990). However, it is hard to find successful experiences of development in the second half of the twen ...
Labor Market Policy in the Great Recession
Labor Market Policy in the Great Recession

... numerically flexible employment levels and strong income security for workers – appear to perform well when the economy is at or near full employment. In good times, the country’s expensive active labor market policies work to connect unemployed workers to available jobs. In a severe downturn, howev ...
value based questions from all chapters
value based questions from all chapters

... 11. How will an increase in the number of firms shift the market supply curve? 12. What is the price elasticity associated with a supply curve that is vertical? 13. Due to improvement of technology, the marginal cost of production of television has gone down. How will it affect the supply curve of t ...
Does Stock Market Promote Economic Growth in an Emerging Market?: A Causality Investigation
Does Stock Market Promote Economic Growth in an Emerging Market?: A Causality Investigation

... exit mechanism. This opinion or argument is hinged on the fact that venture capital investments will be more attractive in countries where an equity market exists than one without an adequately functioning public equity market. And when the market exists, the venture capital investor knows that it i ...
Type title of presentation here Maximum of two lines
Type title of presentation here Maximum of two lines

... New York City (NYC) that would result from implementation of the Move New York Plan, a transportation policy proposal for New York City. This analysis is based on prior research on the economic costs of congestion to the New York City metropolitan economy, and relies on outputs from the BTA, a trans ...
Chapter 8 - Central Web Server 2
Chapter 8 - Central Web Server 2

... The view that a firm will try to come up with new products and more efficient ways to produce products to earn monopoly profits. ...
Real Business Cycles: A New Keynesian Perspective
Real Business Cycles: A New Keynesian Perspective

... T h e course then builds up to Walrasian general equilibrium. In this Walrasian equilibrium, prices ad,just to equate supply and demand in every market simultaneously. The general equilibrium system determines the quantities of all goods and services sold and their relative prices. The most importan ...
multiplier effect - Economics @ Tallis
multiplier effect - Economics @ Tallis

... relationship between I + G and S + T in New Zealand over the period 2003-06? ...
Public Sector Economics Mr. Randhir Ramharack
Public Sector Economics Mr. Randhir Ramharack

... Despite gradual growth, the 2004 level still fell short of the 1980 figure by 5% More than one third of the workforce is unemployed and South Africa has one of the most uneven distribution of income in the world Poverty was and remains a primary concern The per capita allocation of resources has his ...
Western Union Econ Impact Remittances 012115
Western Union Econ Impact Remittances 012115

... represent 50 percent of the nation’s GDP and 90 percent of their foreign reserves. This stabilizes the country’s currency and helps the government to maintain lower interest rates—both of which are essential elements to promote business investment. Economics researchers are becoming more skeptical a ...
what caused the great depression?
what caused the great depression?

... also argue that market processes work well to coordinate economic activity. However, they maintain that the knowledge problem makes it impossible for government to direct the economy. The individuals in the government who must actually make the decisions can never have the knowledge that is availabl ...
Government debt and social security in a life
Government debt and social security in a life

... One issue from which the paper abstracts is the possibility that intergenerational caring, as formalized by Barro (1974), could effectively transform the life-cycle individuals of the model economy into infinitely-lived households. When individuals have infinite horizons (and there are no other fri ...
Competitive General Equilibrium in an Economy where ∗ Augusto Nieto Barthaburu
Competitive General Equilibrium in an Economy where ∗ Augusto Nieto Barthaburu

... that in markets with a continuum of consumers even though the individual demand correspondence may not be convex valued, the aggregate demand correspondence will be. In the present paper we provide sufficient conditions for existence of competitive equilibrium with NE and indivisibilities combined. ...
CESifo Working Paper no. 5776 - Center for Regional Economic
CESifo Working Paper no. 5776 - Center for Regional Economic

... Financial markets have grown rapidly over the last decades, especially in high-income countries. Looking at the United States and Great Britain, for example, the ratio of private credit relative to GDP has increased from a value of about one in the 1980s to around two in recent years.1 Similar trend ...
Principles of Macro Economics - National Open University of Nigeria
Principles of Macro Economics - National Open University of Nigeria

... makers. Individual market behaviour entails the nature and degree of competition existing in the market, while 'individual decision makers' entails the way in which individuals in an economy allocate their scarce resources among competing wants. The need to study macroeconomics arises from the fact ...
Retirement at 69 – a Matter of Reason and Fairness German
Retirement at 69 – a Matter of Reason and Fairness German

... RWI is revising its economic cycle forecast upward, now expecting the German economy to grow by 3.7% this year, after a March forecast of 2.9%. In the meantime, domestic demand is driving growth more than demand from abroad. For 2012, RWI is expecting the GDP to increase at a less vigorous rate of 2 ...
sustainability Monetary and Fiscal Policies for a Finite Planet
sustainability Monetary and Fiscal Policies for a Finite Planet

... first time in human history, ordinary people could expect their children‘s lives to be better than their own. Surplus economic production allowed society to devote ever-greater resources to scientific and technological advances that further alleviated short-run resource constraints. Seventeenth cent ...
THE RELATIONSHIP BETWEEN CAPITAL FLIGHT AND POVERTY
THE RELATIONSHIP BETWEEN CAPITAL FLIGHT AND POVERTY

... domestic product growth rate and adult literacy rate by approximately 66.82 percent in the long run. On the other hand, capital flight had a positive relationship with discomfort index (a proxy for poverty). Similarly, real gross domestic product (GDP) growth rate and adult literacy rate related pos ...
Chapter 3
Chapter 3

...  2. The group produces knowledge of production and distribution to consumers that could not be produced by a single individual or at least not as cheaply.  3. The group can produce more knowledge than could be produced by any one of them.  4. The knowledge is coordinated. ...
Unemployment
Unemployment

... The other main measure involves a labor force survey using the international labor organization a definition of unemployment. This includes as unemployed all people of working age who, in a specified period, are without ...
Human Capital Accumulation and Endogenous Growth in a Dual
Human Capital Accumulation and Endogenous Growth in a Dual

... With the emergence of the ‘new’ growth theory, human capital accumulation and its role on economic growth has become a major area of research in macroeconomics. The literature starts with the seminal paper of Lucas (1988) which shows that growth rate of per capita income depends on the growth rate o ...
Input – Output Analysis
Input – Output Analysis

... estimate the economic impacts of any changes to the economy. • Instead of assuming a change in a basic sector industry having a generalized multiplier effect, the IO approach estimates how many goods and services from other sectors are needed (inputs) to produce each dollar of output for the sector ...
Chapter 16 - Madison County Schools
Chapter 16 - Madison County Schools

... Capitalism - An economic system where the natural resources and the means of producing goods and services is privately owned.  Three distinct features:  Private ownership of property  Pursuit of personal profit  Competition and consumer sovereignty ...
Personal Finance and Economics in the Writings of Larry Burkett
Personal Finance and Economics in the Writings of Larry Burkett

... materialistic lifestyles financed by overindebtedness, dishonesty in business dealings, token giving, an entitlement mentality, and a general indifference toward the poor (1991, pp. 206–213, 222; 1985, pp. 14, 212–214). In the economic realm, secularism leads to materially dependent families and ove ...
< 1 ... 42 43 44 45 46 47 48 49 50 ... 248 >

Economic democracy

Economic democracy or stakeholder democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbors and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate the general well-being to private profit, and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism's inherent effective demand gap.Classical liberals argue that ownership and control over the means of production belongs to private firms and can only be sustained by means of consumer choice, exercised daily in the marketplace. ""The capitalistic social order"", they claim, therefore, ""is an economic democracy in the strictest sense of the word"". Critics of this claim point out that consumers only vote on the value of the product when they make a purchase; they are not participating in the management of firms, or voting on how the profits are to be used.Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises characterized by deficiency of effective demand, as society is unable to earn enough income to purchase its output production. Corporate monopoly of common resources typically creates artificial scarcity, resulting in socio-economic imbalances that restrict workers from access to economic opportunity and diminish consumer purchasing power. Economic democracy has been proposed as a component of larger socioeconomic ideologies, as a stand-alone theory, and as a variety of reform agendas. For example, as a means to securing full economic rights, it opens a path to full political rights, defined as including the former. Both market and non-market theories of economic democracy have been proposed. As a reform agenda, supporting theories and real-world examples range from decentralization and economic liberalization to democratic cooperatives, public banking, fair trade, and the regionalization of food production and currency.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report