Macro Economic System and its Management. 1. Macro Economic Concerns: • Micro vs Macro Economics. • Major Building Blocks of Macro Economics: 1) AD & AS 2) Four Sectors: HHS‚ BS‚ GS & FTS 3) Two Markets: Commodity Market and Money Market. • Specific issues to be addressed in Macro Economics: o Rising Prices o Rising Unemployment o Falling GDP o Balance of Payments Crisis. • Tools of Macro Economic Policy and Management:
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Managerial Economics Unit 8 Unit 8 Nature of markets and Pricing of Products I Structure 8.1 Introduction Objectives 8.2 Meaning of market and market structure 8.3 Kinds of markets 8.4 Perfect competition 8.5 Monopoly 8.6 Monopolistic competition 8.7 Oligopoly 8.8 Duopoly 8.9 Bilateral monopoly 8.10 Monopsony 8.11 Duopsony 8.12 Oligopsony 8.13 Industry analysis 8.14 Summary 8.15 Terminal Questions 8.16 Answer 8.1 Introduction Efficiency of management lies in its capacity to analyze the
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analysis • Obstacles to national income measurement • Circular flow of income (two sector economy) 3. Macroeconomic theories • Classical economics: ideologies • Keynesian economics: ideologies • Monetarism: ideologies • New Classical economics: ideologies 4. Unemployment • Types of unemployment • Unemployment in Nigeria • Policy measures towards reducing unemployment 5. Inflation
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Q1. A. “The objective of economic analysis is not merely to discover the truth but also to assist in the solution of concrete problems.” Comment. Economic analysis provides a systematic approach for studying the allocation of resources to achieve an organization’s objectives. Techniques of economic analysis help ensure efficient operations‚ minimize overhead and compare costs and benefits Function • Economic analysis provides a systematic approach for industry‚ government agencies and nonprofit
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known as S. typhimurium‚ is a Gram-negative‚ rod-shaped‚ flagellated‚ facultative anaerobe microorganism. S. typhimurium can be found in animal feces and raw contaminated foods such as poultry‚ beefs‚ sea foods‚ tainted fruits and vegetables (3‚ 5). Some of the vectors of S .typhimurium are birds‚ reptiles‚ and aquatic vertebrates (5). After the consumption of the bacterium‚ S. typhimurium is found living and growing in the mammalian GI tract. People who are more likely to be infected with S. typhimurium
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Islamic Economics Economics studies are devoted with the economical behavior of individuals and societies‚ for instance production‚ consumption‚ saving‚ good exchange and so on. Every nation is supposed to regulate the production of goods and services as demanded by the people‚ consumers‚ thus any economic system needs to answer four main questions: 1- What to produce of goods and services? 2- How to produce these goods and services? 3- Who to produce to these goods and services
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The broad economic standing of the citizens of the United States today‚ has been analyzed and broken down for years. Why are the poor in a helpless sinkhole? John Galbraith and Robert Reich both look into the economic cycle and both express an intriguing response. While Galbraith focuses on how people are stuck in poverty by separating his work into five clear sections‚ Reich focuses on the main three economic standings by using a constant boat metaphor and speaking on each economic standing one
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Keynesian Economics Keynesian economics is the view that in the short run‚ especially during recessions‚ economic output is strongly influenced by aggregate demand . In the Keynesian view‚ aggregate demand does not necessarily equal the productive capacity of the economy; instead‚ it is influenced by a host of factors and sometimes behaves erratically‚ affecting production‚ employment‚ and inflation The theories forming the basis of Keynesian economics were first presented by the British economist John
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Health economics - The Primer This series of articles will introduce readers to the emerging field of health economics. We will review how health economics influence decision making process in health care and the basic tools used in health economics. * 1. The Role of Health Economics * 2. Cost of Health Care * 3. Should Oncologists Care About Cost-Effectiveness Analyses? * 4. Classification of Health Economic Analyses * 5. Health Economics Research: Cost Utility Analysis
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Marketing Ambu A/S The aim of this project is to prepare a decision base for Ambu’s international marketing strategy. Table of contents Problem background Problem issues Problem statement Delimitations Methodology Deciding which markets to entry/screening Screening Choice of a specific country The external environment PESTLE analysis Political factors: Economic factors: Socio-Cultural factors: Technological factors: Legal regulations: Environmental factors
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