Econ-Class Notes 9/6 Economics: the study of choice under conditions of scarcity * Scarcity-Choices‚ resources * Resources: * Land‚ * Labor‚ * Capital: physical Plant equipment * Entrepreneurial ability Microeconomics vs. Macroeconomics Micro: Behavior of individual actors on the economic scene * Households * Businesses * Government Macro: total output‚ total employment‚ interest rates‚ economic growth‚ the aggregate economy‚ inflation‚
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FIN 502 – Personal Financial Planning Chapter 1 – Module 2 Time value of money * How to compare monetary amounts you pay or receive at different times * The arithmetic with which we convert money between periods‚ or calculate what rate of return is implied by a given set of cash flows Single Period – Rate of Return * N = amount of years * I% = x (what we’re trying to find) * PV = How much it’s worth today * FV = How much it’s worth at maturity date
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APUSH CHAPTER 21 * The Emergence of Urban America * Between 1860 to 1910 the population increased from 6 million to 44 million * America’s Move to Town * Explosive Urban Growth * Fredrick Jackson Turner-the Frontier is a “safety valve” * But more people went to the cities than to open land * There was not enough land though in cities to hold everyone‚ most people were homeless or lived in small apartments or rented houses * In
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Philosophy Class Session 2 08/29/11 Chapter 1 and We Think Catholic Prof article page 1-39 page 7 Quotes “The beginning of wisdom is to desire it” ~ Solomon Ibn Gabirol “He who knows he is a fool is not a great fool” ~ Confucius Wisdom vs Knowledge‚ the smartest guy in the room might not be the wisest‚ but the wisest man is often just ordinary in everything else. Compare? Wisdom to knowledge as a librarian is to a library. I. Pursuit of Wisdom A. “Get in the game” - more
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Chapter 1 hindsight bias - Tendency to believe that after learning an outcome‚ that we would’ve foreseen it. Once we’re told something‚ it seems obvious. hindsight bias and overconfidence often lead us to overestimate our intuition scientific inquiry‚ curious skepticism‚ and humility can help shift to reality critical thinking - thinking that doesn’t blindly accept arguments and conclusions. Rather‚ it examines assumptions‚ discerns hidden values‚ evaluates evidence‚ and assesses conclusions
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Chapter 1: Environmental Problems‚ Their Causes‚ and Sustainability Exponential Growth A quantity increases at a fixed percentage per unit of time (2% per year) There are too many people in the world- causes poor to deplete nature Cause premature extinction of species (.1-1% each year) Living more Sustainably Environmental Science: Study of how the earth works‚ how we interact with the earth‚ and how to deal with environmental problems Ecology: relationship between living organisms and
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Chapter 2 Declaration of Independence July 4‚ 1776 2 central themes All men are created equal Gov’t must be based on the govern (citizens) Continental Congress 1st was on May 1776 Had each colony make their own constitution Popular sovereignty was referenced a lot Belief that the gov’t exists to benefit the govern Citizens have the right to change/overthrow the gov’t Created a Republic form of gov’t Representative Citizens elect people to represent them 2nd Established our first
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Tanjong Katong Secondary School Secondary Four History Elective Chapter 6: War in Europe* How was Germany responsible for the outbreak of WWII? Hitler’s foreign policy aims: • Hitler wanted to make Germany ____ again by having a _________ and regaining the ____ lost by TOV. • Wanted all German- speaking people to live together in one country called _____________. • Felt that Germany’s growing population needed more room to live and grow food. He called this ___________
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Chapter 1- Observing Matter 1.1 The Study of Chemistry * Chemistry is the study of matter and its composition * It is what happens when matter interacts with other matter Chemistry: A Blend of Science and Technology * Scientists develop models‚ conduct experiments and seek patterns * They work on discoveries of other scientists from before * Chemical techniques and processes were invented by early chemists (making medicines‚ growing crops‚ shaping metals‚ glassware
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Econ 101: Micro Economics 09-‐16-‐10 Chapter 2: The Economic Problem The production possibility Frontier -‐ The boundary between those combinations of goods and services that can be produced and those that cannot -‐ Shows the trade-‐off between more of one good in terms of the other o PPF looks
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