Philippine Economic and Socio-cultural Conditions The indicators have shown that the Philippine economy have grown and will continue to grow this 2013 if Pinoy will continue his “DAANG MATUWID”. In terms of the (GDP) Gross Domestic Product‚ the economy is growing strongly with 7.1 percent in the third quarter of 2012‚ higher than what the government had projected. We need to take this account with the inflation forecasts and the strong peso-dollar exchange rate. The Philippines is experiencing
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Who wants to win the “currency war”? A study on the article “One more such victory” from “The economist” Anul 2011 Facultatea de Finanțe‚ Asigurări‚ Bănci și Burse de Valori One more such victory The emerging economies are winning the currency war. No one is celebrating The article we are commenting on today appeared in the online edition of “The Economist” on October‚ 1st and is called “One more such victory”. It brings out the situation of some emerging economies
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Macroeconomic study of deal not with individual but aggregate of these quantities not with individual incomes but nation incomes not with individual output but with the nation output Macroeconomic as two policies which are; Financial or monetary macroeconomic policies: The government can make the balance of how money can be supply. The money can be supply in three term which are: OMO- Open Market Operation Reserve requirement Interest Rate OMO can supply money into the bank through
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Journal of International Economics 56 (2002) 299–327 www.elsevier.com / locate / econbase Explaining business cycles in small open economies ‘How much do world prices matter?’ M. Ayhan Kose* Graduate School of International Economics and Finance‚ MS-021‚ Brandeis University‚ Waltham‚ MA 02454‚ USA Received 27 May 1998; received in revised form 20 October 2000; accepted 7 April 2001 Abstract This paper analyzes the role of world price shocks – fluctuations in the prices of capital‚ intermediate
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Macroeconomics Objectives: 1. To deepen and widen students’ understanding of theories and laws that rule the national economies 2. To enhance students’ analytical ability 3. To give a macro-perspective to the economic phenomena around the world 4. To help students better comprehend the domestic and global economic realities and try to predict future course of events References: 1. ‘Economics’ by Paul Samuelson 2. ‘Macroeconomics’ by Dornbusch Fischer 3. ‘Macroeconomics’ by Richard
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Indonesia’s Current Economic Condition Indonesia is a country where many things are highlighted and noticed by people around the world. One of the topics is its economic condition. Many experts‚ domestic or international‚ have been taking notes on Indonesia’s economic trends and are making forecasts on how Indonesia’s economy will be in the following year‚ including this year’s economic condition. This essay will describe the status of Indonesia’s current economic condition‚ its challenges‚ and
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The Economic environment is a major consideration for any business. According to Kotler et al. (2010)‚ the economic environment is directly related to factors affecting consumer spending and buying patterns. Marketers need customers with buying power in order for any business to succeed. The most affluent group that have the highest income demand the highest quality products and services‚ they’re also willing to pay for it. However‚ due to the world economic slow-down and recession of 2007‚ has
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1990s‚ started to rise again toward the end of the decade. More importantly‚ differences in income per capita across regions have persisted or widened. Poverty varies significantly among rural and urban areas and from province to province‚ from a low of 14% in urban Sindh to 41% in rural NWFP. Pakistan has grown much more than other low-income countries‚ but has failed to achieve social progress commensurate with its economic growth. The educated and well-off urban population lives not so
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Business Economics 2012 Table of Contents Q1) Explain (using example) the law of diminishing marginal productivity (DMP). Also‚ explain the difference between the law of DMP and law of returns to scale............................................................. 3 Q2) Explain how profit maximizing output is determined in a .............................................................. 9 a) Perfect competitive market ........................................................................
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ECM002 Business Economics Instructions: Please answer four out of the following six following questions: Question 1. Suppose Cola- Sol and Miniranda are the only two companies producing a particular type of cola drink in the soft drink industry. Both companies are considering launching a new drink with a light lemon twist. They can launch their products either at a low price or at a high price. The expected net payoffs are the following: If both companies choose a high price strategy‚ Cola-
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