Introduction to macroeconomics Measuring performance of the economy The Monetary Sector The Public Sector Macroeconomic Theories Inflation Unemployment Economic growth and development The foreign sector THE PUBLIC SECTOR: STUDY UNIT 4 What are Your Views on Fiscal Policy and How Fiscal Policy Affects You? Roles of Government in a mixed economy 1. Establishing and enforcing rules of exchange such as Property rights‚ Contract law 2. Promoting competition/prevent
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economy has recovered from the 1997 East Asian economic crisis faster than anyone expected. Indeed‚ Korea has become the new poster child for the “free market” economic restructuring the International Monetary Fund (IMF) is peddling to a In early 2000 the IMF touted Korea’s “dramatic turnaround” after the crisis. Not only was Korea’s output above what it had been before the crisis but‚ the IMF gleefully proclaimed‚ “over the past two years bold policies and a commitment to reform have made Korea a
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w w w e tr .X m eP UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Advanced Subsidiary Level and GCE Advanced Level e ap .c rs om MARK SCHEME for the October/November 2009 question paper for the guidance of teachers 9708 ECONOMICS 9708/22 Paper 22 (Data Response and Essay – Core)‚ maximum raw mark 40 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award
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International Financial Management Theory Questions 1) Compare and Contrast the theories of interest rate parity‚ purchasing power parity and international fisher effect. Interest Rate Parity(IRP)- Suggests a relationship between the interest rate differential of two countries and the forward premium/discount. Purchasing Power Parity(PPP)- Suggests a relationship between the inflation rate differential of two countries and the percentage change in the spot rate overtime. International Fisher
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Philippines Economy To Survive Haiyan Despite a terrible human toll‚ Haiyan is unlikely to derail the nation’s impressive economic performance. By Anthony Fensom Asia’s “strong man” economy of the Philippines is considered tough enough to weather the effects of Typhoon Haiyan. Yet even after the deadliest typhoonin the nation’s recorded history‚ analysts have warned of potentially worse storms ahead. After making landfall on November 8‚ Haiyan (known as Yolanda in the Philippines) flattened dozens
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Compare and contrast the dictatorships of Hitler and Stalin Totalitarianism is when all three powers of the state (judicial‚ executive‚ and legislative) are controlled by one person. This is what happened in the twentieth century when Adolph Hitler and Joseph Stalin became the dictators of Germany and Russia. They were similar in many ways but had completely different fundamental ideas. Hitler was born in 1889 in Austria . He left school with no qualifications and fought in the First World
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and foremost‚ both of these terms mentioned are sub-categories of economics itself. As the names of ‘micro’ and ‘macro’ imply‚ microeconomics facilitates decisions of smaller business sectors‚ and macroeconomics focuses on entire economies and industries. These two economies are mutually dependent‚ and together‚ they develop the strategy for the overall growth of an organization. They are the two most important fields in economics‚ and are necessary for the rise in the economy. Microeconomics focuses
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Economics | | |Sr. No. |Core Areas |Percentage | |1. |Micro-Economics |15% | |2. |Marco-Economics |15% | |3. |Econometrics
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Mr. Wade 28/01/14 How successful was Lenin (1917-1924) in solving the problems he faced? With the October revolution in 1917‚ Lenin managed to execute a successful coup d’état against the provisional government of Russia and with the death of the constituent assembly early 1918; Lenin and his Bolsheviks had finally control over Russia. However this was just the beginning of various problems he would be facing. This raised the debate on whether Lenin could deal with these problems or not.
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The Policy of Containment Americans believe that if Franklin D. Roosevelt would have lived longer‚ that he would have been able to stem the tide of tensions between the Soviet Union and the United States. His successor lacked greatly the Talent of FDR. The new president‚ who was more comfortable with machine politicians than with polished New Dealers‚ liked to talk tough and act defiantly. Truman complained that the U.S. Negotiations had been a "one way street" just ten days after he took office
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