Slide 1
... open. That spreads throughout the economy. The 1990’s was a record period of prosperity. • Much was due to the low rate of inflation and the internet creating new business opportunities. Although, it doesn’t last. ...
... open. That spreads throughout the economy. The 1990’s was a record period of prosperity. • Much was due to the low rate of inflation and the internet creating new business opportunities. Although, it doesn’t last. ...
APMACROECONOMICSTopicOutline
... (multiple-choice section) I. Basic Economic Concepts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (8–12%) A. Scarcity, choice, and opportunity costs B. Production possibilities curve C. Comparative advantage, absolute advantage, specialization, and exchange D. De ...
... (multiple-choice section) I. Basic Economic Concepts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (8–12%) A. Scarcity, choice, and opportunity costs B. Production possibilities curve C. Comparative advantage, absolute advantage, specialization, and exchange D. De ...
Economic Growth & Stability
... consumer spending creates a shortage of goods which causes prices to rise ► Cost-push inflation –Prices rise to due per unit cost increases ► Tough to distinguish which is which in a real world setting ...
... consumer spending creates a shortage of goods which causes prices to rise ► Cost-push inflation –Prices rise to due per unit cost increases ► Tough to distinguish which is which in a real world setting ...
Fiscal and Monetary Policy
... What to do with a Surplus 1. Pay off public debt Buy back bonds Puts $ back into the system, increases consumption • May offset contractionary policy that created the surplus ...
... What to do with a Surplus 1. Pay off public debt Buy back bonds Puts $ back into the system, increases consumption • May offset contractionary policy that created the surplus ...
ECON 201-200 Principles of Macroeconomics
... (b) Discuss til= theoretical developnent of roncepts such as the supply curve and the demand curve and identify the principal asStm!ptions on which these ooncepts are based. (c) Discuss with reference to ooth econanic theory an:1 your kna,;ledge of the U.S. econOIT!Y, the staterrent that "private se ...
... (b) Discuss til= theoretical developnent of roncepts such as the supply curve and the demand curve and identify the principal asStm!ptions on which these ooncepts are based. (c) Discuss with reference to ooth econanic theory an:1 your kna,;ledge of the U.S. econOIT!Y, the staterrent that "private se ...
Economics Intended Module Learning Outcomes On successful
... This module uses many teaching tools to ensure a deep understanding of the subject matter. Podcasts, videos, and publications are all be utilised to contextualise the material. Economics underpins a great deal of decision-making in business and as such is an essential cornerstone in any business deg ...
... This module uses many teaching tools to ensure a deep understanding of the subject matter. Podcasts, videos, and publications are all be utilised to contextualise the material. Economics underpins a great deal of decision-making in business and as such is an essential cornerstone in any business deg ...
The Four Phases of the Business Cycle
... profits fall and inventories rise. Inventory [inventory: merchandise that companies or stores have on hand] is merchandise that companies or stores have on hand. Faced with rising inventory, firms cut back production and lay off workers. If profits continue to fall despite these adjustments, firms m ...
... profits fall and inventories rise. Inventory [inventory: merchandise that companies or stores have on hand] is merchandise that companies or stores have on hand. Faced with rising inventory, firms cut back production and lay off workers. If profits continue to fall despite these adjustments, firms m ...
The Free Enterprise System
... – Prosperity, or expansion, is the time when the economy is flourishing and is a good time for new businesses to start up. – Recession is a period of economic slowdown that lasts for six months, which results in workforce reductions and less consumer spending. – Depression is a period of prolonged r ...
... – Prosperity, or expansion, is the time when the economy is flourishing and is a good time for new businesses to start up. – Recession is a period of economic slowdown that lasts for six months, which results in workforce reductions and less consumer spending. – Depression is a period of prolonged r ...
Misunderstanding the Great Depression, making the next one worse
... available soon • New economic dynamic monetary modeling program “Minsky” available by early 2012 ...
... available soon • New economic dynamic monetary modeling program “Minsky” available by early 2012 ...
Causes Of Recession - School
... In Western economies, recessions are unusual. Take the world’s largest economy the United States - it has suffered only two official downturns, in 1990-91 and 2001. When they happen, they tend to be short-lived lasting perhaps no more than two or three years. If a country fails to emerge from a down ...
... In Western economies, recessions are unusual. Take the world’s largest economy the United States - it has suffered only two official downturns, in 1990-91 and 2001. When they happen, they tend to be short-lived lasting perhaps no more than two or three years. If a country fails to emerge from a down ...
macro quiz 6.tst
... 14) Which theory views fluctuations in productivity growth as the main source of economic fluctuations? A) Keynesian theory B) monetarist theory C) real business cycle theory D) rational expectations theory ...
... 14) Which theory views fluctuations in productivity growth as the main source of economic fluctuations? A) Keynesian theory B) monetarist theory C) real business cycle theory D) rational expectations theory ...
Growing the Firm
... Government intervention in the economy Monetary policy Capital flows and investment Banking Wage and price controls Property rights Black market activity ...
... Government intervention in the economy Monetary policy Capital flows and investment Banking Wage and price controls Property rights Black market activity ...
ECONOMIC GEOGRAPHY
... making a profit -determined by consumer demand (supply and demand) -little government involvement (like in USA) ...
... making a profit -determined by consumer demand (supply and demand) -little government involvement (like in USA) ...
ECX2203MACROECONOMICS
... Introduction; Basic Concepts[The nature of macroeconomics; measurement and structure of the economy; & Long-run economic performance]; Aggregate Consumption and Saving [Consumption and saving; inter-temporal choice]; Investment and Employment [The aggregate production function; the demand for and su ...
... Introduction; Basic Concepts[The nature of macroeconomics; measurement and structure of the economy; & Long-run economic performance]; Aggregate Consumption and Saving [Consumption and saving; inter-temporal choice]; Investment and Employment [The aggregate production function; the demand for and su ...
The General Theory
... money which the workers earn • Members of classes bind together in the pursuit of their common interests. • Workers put up with this inequality because: – They are oppressed wage slaves and cannot fight the system – They are indoctrinated by ideology and religion into believing what they are told by ...
... money which the workers earn • Members of classes bind together in the pursuit of their common interests. • Workers put up with this inequality because: – They are oppressed wage slaves and cannot fight the system – They are indoctrinated by ideology and religion into believing what they are told by ...
ECO 2013 Performance Standards
... economic analysis, theories economic growth and stabilization, monetary and fiscal policy, international trade and economic development are presented in this course. STUDENT LEARNING OUTCOMES Upon successful completion of this course, the student should be able to: 1. Identify the basic economic pro ...
... economic analysis, theories economic growth and stabilization, monetary and fiscal policy, international trade and economic development are presented in this course. STUDENT LEARNING OUTCOMES Upon successful completion of this course, the student should be able to: 1. Identify the basic economic pro ...
Business Foundations
... Inflation can happen when an economy actually becomes too productive. (grows to fast) This situation can spiral out of control and lead to _________________. ______________is a general decrease in the cost of goods and services. ...
... Inflation can happen when an economy actually becomes too productive. (grows to fast) This situation can spiral out of control and lead to _________________. ______________is a general decrease in the cost of goods and services. ...
SYLLABUSEC5213 - Cameron University
... 3. Analyze different theories of demand for money and learn relationship between money supply and inflation 4. Analyze how nominal and real exchange rates are determined 5. Understand the forces causing different types of unemployment, analyze tends in unemployment and labour market experiences in t ...
... 3. Analyze different theories of demand for money and learn relationship between money supply and inflation 4. Analyze how nominal and real exchange rates are determined 5. Understand the forces causing different types of unemployment, analyze tends in unemployment and labour market experiences in t ...
Lecture 1: Introduction
... • Microeconomics is concerned with individual agents and markets • Macroeconomics is concerned with the aggregate implications of microeconomics ...
... • Microeconomics is concerned with individual agents and markets • Macroeconomics is concerned with the aggregate implications of microeconomics ...
Macro Spectrum
... agents make errors…[A]gents temporarily mistake a general increase in all absolute prices as an increase in the relative price of the good they are selling, leading them to increase their supply of that good…Since everyone is, on average, making the same mistake, aggregate output will rise… • While ...
... agents make errors…[A]gents temporarily mistake a general increase in all absolute prices as an increase in the relative price of the good they are selling, leading them to increase their supply of that good…Since everyone is, on average, making the same mistake, aggregate output will rise… • While ...
Course contents - East West University
... o Economy in the long run: economic performance and economic growth, production function and national income distribution among factors, implication of factor’s share. o Business Cycle: relationship between GDP growth, inflation and unemployment, sources of the economic growth, convergence in the ec ...
... o Economy in the long run: economic performance and economic growth, production function and national income distribution among factors, implication of factor’s share. o Business Cycle: relationship between GDP growth, inflation and unemployment, sources of the economic growth, convergence in the ec ...
LC Economics Syllabus
... What is economics about? Introducing Supply and Demand. Introducing factors of production. How to assess an economy. A brief history of economics in the last 100 years. ...
... What is economics about? Introducing Supply and Demand. Introducing factors of production. How to assess an economy. A brief history of economics in the last 100 years. ...