Introduction The study of economics is divided by the modern economists into two parts viz. Micro economics and Macro economics. This division is shown in the chart above. Micro economics and Macro economics‚ both the terms were used in 1933 by Prof. Ragnar Frisch from Oslo University of Norway. Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance‚ structure‚ behavior‚ and decision-making of an economy as a whole
Free Economics Macroeconomics
Angela R. Flowers WK 8 – Day 1 Assignment Definitions – Chapter 7 1. algorithms - An algorithm is a set of instructions for solving a problem or completing a process 3. artificial intelligence (AI) - a computer or machine that has been created to think like a human. 5. babblings - the first sounds a baby makes trying to speak. 7. concept – something that is formed in my mind like a thought or notion. 9. convergent thinking - thinking that focuses on coming up with the single‚ good answer
Premium Parasympathetic nervous system Autonomic nervous system Psychology
Key Terms Active transport: membrane proteins use cellular energy (usually ATP) to move molecules or ions across a plasma membrane against their concentration gradient. Allele: different forms of a gene • genotype – the combination of alleles in an organism. Aquaporin: a specialised channel protein in the plasma membrane of a cell‚ which is selectively permeable to water. Attachment protein: a protein in the plasma membrane of a cell that attaches either to the cytoskeleton inside the cell‚
Premium Cell membrane Cell
Computer Science Terms: Composite structure: the size of a typical software system implies that it must be broken down into manageable pieces of this Composition: the process of building a system using simpler parts or components Abstraction: the process of ignoring details irrelevant to the problem at hand and emphasizing essential ones. To abstract is to disregard certain differentiating details Data: the info the program deals with Functionality: what the program does with the data
Premium Object-oriented programming Software testing Subroutine
supports the freedom of an individual or community‚ in public or private‚ to manifest religion or belief in teaching‚ practice‚ worship‚ and observance. Considered by many people and nations to be a fundamental human right. Symbolic Speech- A legal term in United States law used to describe actions that purposefully and discernibly convey a particular message or statement to those viewing it.[ Clear and Present Danger Test- Was a doctrine adopted by the
Free First Amendment to the United States Constitution United States Constitution Supreme Court of the United States
CheckPoint: Computer Comparison CIS 105 My computer is one year old. That is we bought it exactly one year ago‚ but in today’s view it might as well be ten years old. Technology with computers is so fast paced‚ that as soon as my computer hit the store’s display it was obsolete. I have 2.00 GB in RAM‚ 32-bit operating system‚ and it is an Intel Celeron Processor at 2.20 GH2. I was not willing to check my ROM because I was told that I would have to shut down the computer to do this and then
Premium Integrated circuit Computer Central processing unit
EconS452 15 Problems*30 points each = 450 points Score based on 400 points Midterm 10/25/2012 Name:___________________________ 1. Zelda Manufacturing has a rather unique product that sells for $15 per unit‚ and the marginal cost is $7.50. Determine the Lerner index for Zelda Manufacturing. Does this index indicate market power? Using the SCP paradigm‚ what might the conduct of Zelda indicate about the structure of the industry? The Lerner index is (P - MC)/P = (15 - 7.5)/15 = .50. Since the Lerner
Premium Supply and demand Marginal cost Costs
KEY TERMS Production Organization: Organization that produces tangible goods that can be mass-produced and stored for later consumption. Service Organization: Organization that produces intangible goods that require consumer participation and cannot be stored. Operation Management: Complex management activity that includes planning production‚ organizing resources‚ directing operations and personal and monitoring system performance. Productivity: Measure of how well an operations
Premium Management Computer Manufacturing
| | |Technology | | |IT/205 | | |Management of Information Systems
Premium Management Information technology Information
Business key terms Business: an active that requires the organisation of resources to achieve a reward‚ whilst running a risk. Entrepreneur: an individual with an idea for a business. Franchise: the legal right to use the name and logo of an existing firm and sell the same products/services. Franchiser- the person selling it‚ for example‚ Macdonald’s. Franchisee- the person buying it‚ for example asda’s. Social enterprise: an activity that achieves a reward for a society. Aim: A stated
Premium Corporation Limited company Stock market