Lecture Notes on MONEY‚ BANKING‚ AND FINANCIAL MARKETS Peter N. Ireland Department of Economics Boston College irelandp@bc.edu http://www2.bc.edu/~irelandp/ec261.html Chapter 3: What Is Money? 1. Meaning of Money 2. Functions of Money Medium of Exchange Unit of Account Store of Value 3. Measuring Money Theoretical Measures Empirical Measures Federal Reserve’s Monetary Aggregates This chapter begins by defining money in basic terms. It then discusses the various functions of money in the economy
Free Money Currency Money supply
Four bases of segmentation Geographic Collecting and analysing information according to the location of the customer or other data source. Geographic segmentation is often used in marketing‚ since companies selling products and services would like to know where their products are being sold in order to increase advertising and sales efforts there. A local shop such as a local takeaway use geographic segmentation by targeting customers within a 10 mile radius‚ they can do this by posting leaflets
Premium Marketing
The Base Ball Pitch - Tom Hando The biomechanics of a movement is slightly different to the physiological principles of it. The biomechanics of a movement‚ is how the forces acting upon an object effects the way the object moves. (FIGURE 1) For example in my movement‚ the baseball pitch‚ in the wind up stage of the pitch‚ the forces acting upon the body is causing hip and knee flexion which results in the knee and hip coming into contact with the chest. Whereas the physiological principles is working
Premium Knee Extension Flexion
Money‚ Value of money‚ Inflation and Policy Responses Inflation: Inflation is a sustained increase in the cost of living or the average / general price level leading to a fall in the purchasing power of money. Causes of Inflation:–There are a few different reasons that can account for the inflation in our goods and services; let’s review a few of them. * Demand-pull inflation refers to the idea that the economy actual demands more goods and services than available. This
Premium Inflation
Acids and Bases Q1.This question is about several Brønsted–Lowry acids and bases. (a) Define the term Brønsted–Lowry acid. ........................................................................................................................ ........................................................................................................................ (1) (b) Three equilibria are shown below. For each reaction‚ indicate whether the substance immediately above the box is acting
Premium Acid dissociation constant PH
University of Twente School of Management and Governance Chair of Technology Management Prof. Dr. Holger Schiele Term paper for the IBA Supply Management seminar Quartile 3rd and 4th‚ 2010 Topic 3: The importance of being a preferred customer in order achieve competitive advantages from the supply base Number of pages/words: 15/ 6790 Bibliography program used: Endnote Enschede‚ 24th of April‚ 2013 Table of Contents 1. The importance of being a preferred customer
Premium Management Supply chain management Supply chain
Causes for Generation of Black Money There are several factors responsible for the emergence – of black money. It would be relevant to discuss those factors so that a correct understanding about the genesis‚ growth and expansion of black money can be made. The principal factors are: (i) Beginning of the evil: The beginning of this evil can be traced to the Second World War. During this period supplies of industrial goods from the traditional suppliers of the West were cut off. This resulted in
Premium Tax Progressive tax Indirect tax
MARKET SEGMENTATION Bases for Segmentation in Consumer Markets Consumer markets can be segmented on the following customer characteristics. * Geographic * Demographic * Psychographic * Behavioralistic 1. Geographic Segmentation The following are some examples of geographic variables often used in segmentation. Region: by continent‚ country‚ state‚ or even neighborhood Size of metropolitan area: segmented according to size of population Population density: often classified as urban‚
Premium Marketing Psychographic
The five bases of power in the book are: (1) Legitimate power‚ (2) Referent power‚ (3) Expert power‚ (4) Reward power‚ and (5) Coercive power. The group member can influence others because of being elected or appointed‚ that means this person has legitimate power. Legitimate power comes from occupying a position of responsibility. People have high legitimate power should also have a high position of responsibility. For example‚ in the small group‚ the group leader or chairman should have legitimate
Premium Political philosophy Power Management
A – Supply Chain Strategy The supply chain strategy chosen for the power tool company is a long term partnering relationship with few suppliers. The long term vision of the company is to make quality products and constantly stay ahead of the competition with innovation. The best way to accomplish this strategic long term goal is to partner with key suppliers that operate using a strategy of long term thinking based on trust and transparency. Ray Kroc was one of the pioneers on forming partnerships
Premium Supply chain management Inventory