Topic Understand the objectives of government policies, i.e.
... Identify and explain the causes of inflation, including cost-push and demand-pull inflation Evaluate the consequences of inflation, including the costs of inflation and the benefits of price stability/a low rate of inflation; Explain and evaluate policies that a government can use to control inflati ...
... Identify and explain the causes of inflation, including cost-push and demand-pull inflation Evaluate the consequences of inflation, including the costs of inflation and the benefits of price stability/a low rate of inflation; Explain and evaluate policies that a government can use to control inflati ...
exports and economic growth in nigeria
... growth may be a prerequisite to extend its exports (Chow( 1987), Moschos (1989)), due to the fact that economic growth may help achieve efficient allocation of resources according to comparative cost advantage and realization of economies of scale which lower the cost of exportable which make export ...
... growth may be a prerequisite to extend its exports (Chow( 1987), Moschos (1989)), due to the fact that economic growth may help achieve efficient allocation of resources according to comparative cost advantage and realization of economies of scale which lower the cost of exportable which make export ...
Output Gap File
... factor resources such as labour and capital machinery are under-utilized and the main problem is likely to be higher than average unemployment. ...
... factor resources such as labour and capital machinery are under-utilized and the main problem is likely to be higher than average unemployment. ...
Is India`s Long-Term Trend Growth Declining?
... To assess the supply strength of factors, we describe the growth pattern of the inputs— labor, human capital, physical capital, and infrastructure capital, over the past 3 decades to understand their dynamics and contributions to output growth. The supply of quality-adjusted labor does not appear to ...
... To assess the supply strength of factors, we describe the growth pattern of the inputs— labor, human capital, physical capital, and infrastructure capital, over the past 3 decades to understand their dynamics and contributions to output growth. The supply of quality-adjusted labor does not appear to ...
Africa Rising: Harnessing the Demographic Dividend
... and increasing total factor productivity4. The changing age structure favors savings, higher female labor force participation, and lower fertility rates (Bloom et al., 2009; Soares and Falcao, 2008). Additionally, with declines in child mortality, children come to be seen as “consumption” rather tha ...
... and increasing total factor productivity4. The changing age structure favors savings, higher female labor force participation, and lower fertility rates (Bloom et al., 2009; Soares and Falcao, 2008). Additionally, with declines in child mortality, children come to be seen as “consumption” rather tha ...
Kazakhstan
... Inflation will presumably rise from its current very low levels on the back of future tenge weakening and finish at 6.8% after a slow start to the year And, as with all other markets, regional and global trends are not doing business any favors: Russia and Ukraine are in recession, the Eurozone is s ...
... Inflation will presumably rise from its current very low levels on the back of future tenge weakening and finish at 6.8% after a slow start to the year And, as with all other markets, regional and global trends are not doing business any favors: Russia and Ukraine are in recession, the Eurozone is s ...
The Relationship Between Mathematical Performance and GDP per
... because of the more readily available cross-sectional test score data samples from international mathematics and science exams, other methods of analysis can be used. By using these new analytical methods , it has been observed that a one standard deviation increase in educational test scores in a p ...
... because of the more readily available cross-sectional test score data samples from international mathematics and science exams, other methods of analysis can be used. By using these new analytical methods , it has been observed that a one standard deviation increase in educational test scores in a p ...
EDITragan_13ce_ch25
... its major trading partners, especially the United States. For more information on Canada’s recent productivity performance, and what can be done about it, look for Understanding and Addressing Canada’s Productivity Challenges in the Additional Topics section of this book’s MyEconLab. ...
... its major trading partners, especially the United States. For more information on Canada’s recent productivity performance, and what can be done about it, look for Understanding and Addressing Canada’s Productivity Challenges in the Additional Topics section of this book’s MyEconLab. ...
EPS Session2 2011
... a) For which countries is the opposite true? b) Are there any developing countries in this category? Can you explain why? ...
... a) For which countries is the opposite true? b) Are there any developing countries in this category? Can you explain why? ...
Oscillatory dynamics of GDP components
... are in situation E (constant oscillations) will yield constant cycles. All other parameter constellations will result in something else -- either complete stability or complete instability (whether monotonic or oscillating). Thus, regular cycles are "structurally unstable" in the sense that they eme ...
... are in situation E (constant oscillations) will yield constant cycles. All other parameter constellations will result in something else -- either complete stability or complete instability (whether monotonic or oscillating). Thus, regular cycles are "structurally unstable" in the sense that they eme ...
Rio de Janeiro, March 29, 2004 - Economic Growth and Distribution
... Kalecki (1971), these economists tend to analyze growth in terms of the dynamics of autonomous expenditures under the assumption that potential output itself may be demanddriven. The basic idea is that effective demand may determine the growth rate of potential output through its effects on the cap ...
... Kalecki (1971), these economists tend to analyze growth in terms of the dynamics of autonomous expenditures under the assumption that potential output itself may be demanddriven. The basic idea is that effective demand may determine the growth rate of potential output through its effects on the cap ...
Document
... • Own account construction increases PNFC and HH fixed capital formation • R & D impact on gross fixed capital formation will be seen across the sectors • Weapons systems capitalisation impact will be seen in the government sector • Pensions – new service charge methods and including funded defined ...
... • Own account construction increases PNFC and HH fixed capital formation • R & D impact on gross fixed capital formation will be seen across the sectors • Weapons systems capitalisation impact will be seen in the government sector • Pensions – new service charge methods and including funded defined ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: National Saving and Economic Performance
... ity and perhaps increasing returns to scale, the private market does not sustain the “appropriate” level of these services. These considerations apply especially to activities such as the enforcement of laws and contracts, national defense, and perhaps to highways, water systems, and so on. In equat ...
... ity and perhaps increasing returns to scale, the private market does not sustain the “appropriate” level of these services. These considerations apply especially to activities such as the enforcement of laws and contracts, national defense, and perhaps to highways, water systems, and so on. In equat ...
Homework #2
... 10,000 were unemployed, 85,000 were employed, and 5,000 were not in the labor force. How big was the labor force? (1 pt.) What was the labor-force participation rate? (1.5 pts.) What was the unemployment rate? (1.5 pt.) Need to show detailed calculations. ...
... 10,000 were unemployed, 85,000 were employed, and 5,000 were not in the labor force. How big was the labor force? (1 pt.) What was the labor-force participation rate? (1.5 pts.) What was the unemployment rate? (1.5 pt.) Need to show detailed calculations. ...
Building Mega Project : How to Maintain Economic Stability?
... performance of the projects year by year. The paper should further explore the impacts on poverty and income inequality of the Mega project. The paper can also be extended by arranging and examining which projects are the most urgent to invest ,and also identifying how necessary it is to invest. ...
... performance of the projects year by year. The paper should further explore the impacts on poverty and income inequality of the Mega project. The paper can also be extended by arranging and examining which projects are the most urgent to invest ,and also identifying how necessary it is to invest. ...
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.In economics, ""economic growth"" or ""economic growth theory"" typically refers to growth of potential output, i.e., production at ""full employment"". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic development process particularly in low-income countries.Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.