1. Interpreting the regression results obtained by pooled OLS method log (rentit) = β0 + β1*log (popit) + β2*log (avgincit) + β3*pctstuit + δ*y90t + αi +uit log = -1.500 + 0.407*log (pop) + 0.571*log (avginc) + 0.005*pctstu + 0.262*y90 se = (0.535) (0.023) (0.053) (0.001) (0.348) t = (-1.06) (1.81) (10.76) (4.95) (7.54) p = (0.073) (0.009) (0
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BBA (Accountancy) Modules Typical Sequence (for 2009 cohorts) (as at July 2011) Year 1 (AY09/10) Semester 1 MNO 1001 Management and Organisation ACC 1002 Financial Accounting (not ACC1002X) BSP 1004 Legal Environment of Business BSP 1005 Managerial Economics DSC 2006 Operations Management Year 1 (AY09/10) Semester 2 MKT 1003 Principles of Marketing ST 1131A Introduction to Statistics ACC 2002 Managerial Accounting DSC 2003 Management Science ACC1006 Accounting Information Systems Year
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ECON0402 - Term paper Tourist Trap Model with Downward-Sloping Demand Curve 2010 97 0203 Introduction This paper will attempt to relax the unitary demand assumption of the tourist trap model that we saw in class. The others assumptions are conserved. We will now have a linear downward-sloping demand-curve: p=G-gq I will first discuss what could be the equilibrium price and how we can deduce it. Then‚ I will explain the conditions that must be fulfill to sustain this equilibrium.
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Question (2010/2011 Exam – Q7 (section B)): The Capital Asset Pricing Model holds in economies satisfying a certain set of conditions. State four of these conditions and identify why they are essential for the model to hold (you are not expected to derive the entire model but you must identify the steps in the theory where these conditions play an important role). Under 7 sets of key assumptions‚ we know that all agents will hold a particular market portfolio‚ which consists of the same proportion
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Patrick Kuntara Harpranata Silangit 12/327016/EK/18732 Economics Product Life Cycle (PLC) Theory: (Answering the Failure of H-O Theory) By Endang Sih Prapti Summary Abstract One of the hypotheses that were existed in the world about the trading of goods and service is called the H-O; the theory said that the international trading would only happen inside countries that have different resources; Labor rich country will trade with capital rich country. However‚ the theory is not really working
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Relationships between Entrepreneurship and Economics Oyvin Kyvik1 - 16.06.2009 The following is written as an introduction to the role as co-chair for the track on Entrepreneurship and Economics at the ICSB World Congress‚ Seoul‚ Korea – 2009. 1. Entrepreneurship and Economics – An Economic Perspective This is written based on the conviction that both entrepreneurship and economics are important phenomena‚ both in theory and in practice. It is further deduced that less entrepreneurship has as
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GSM 5000 MANAGERIAL ECONOMICS PROBLEM-BASED LEARNING 2 PROFESSOR DR. MAD NASIR SHAMSUDIN GROUP 5: AZLINA IDRIS MOHD KHAIRUL AINUDDIN MD ZIN ONG WEE HONG VOO LIDY GM04172 GM04218 GM04213 GM01460 1. Learning Issues 1.1 What is forecasting? Forecasting is the process of making statements about future happenings based on the previous data collected. Forecasting usually is an estimation of the future data‚ happenings‚ trends‚ values‚ etc for the specified date. A commonplace example is estimation of
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PIDE Working Papers 2007:20 Preference for Public Sector Jobs and Wait Unemployment: A Micro Data Analysis Asma Hyder Visiting Fellow Pakistan Institute of Development Economics‚ Islamabad PAKISTAN INSTITUTE OF DEVELOPMENT ECONOMICS ISLAMABAD All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system or transmitted in any form or by any means—electronic‚ mechanical‚ photocopying‚ recording or otherwise—without prior permission of the author(s) and
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Efficient working capital management is an integral component of the overall corporate strategy to create shareholder value. Working capital is the result of the time lag between the expenditure for the purchase of raw materials and the collection for the sale of the finished product. The continuing flow of cash from suppliers to inventory to accounts receivable and back into cash is usually referred to as the cash conversion cycle. The way in which working capital is managed can have a significant
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plan. Hence‚ many oligopolistic companies have colluded to avoid price wars‚ price rigidity and to obtain higher long term profits. Motta (2004) finds that the number of firms in an industry is a factor that make collusion likely to succeed‚ ceteris paribus‚ will facilitate collusion. If there are only 2 or 3 firms in the oligopoly‚ then it is fairly easy to collude to set prices or to limit competition. Firms are less likely to benefit from collusion when the number of firms increases in the industry
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