Chapter 2 THE EFFICIENCY CRITERION Public Finance‚ 10th Edition David N. Hyman Adapted by Chairat Aemkulwat for Public Economics 2952331 Chairat Aemkulwat‚ Public Economics 2952331 Positive Economics 1. Positive and Normative Economics • Scientific approach to analysis that establishes cause-andeffect relationships among economic variables • Attempts to be objective • Formulates “If…then” hypotheses that can be checked against facts 3 Chairat Aemkulwat‚ Public Economics 2952331 Normative
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Essay on Liberation War of Bangladesh Liberation War of Bangladesh Our liberation is the greatest achievement in our national life. The War of Liberation of Bangladesh took place in the history in 1971. We had been under Pakistani rule for twenty five years. The Pakistani rulers and their vested interest group began to treat East Pakistan as a colony gof West Pakistan. Therefore‚ under the leadership of Bangabandhu Sheikh Mujibur Rahman‚ a violent mass movement was launched against the autocrats
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Cement industry in Bangladesh Cement industry in Bangladesh is not very old industry. Producing cement and establishment of cement factory started from 1992.Athough it has done well in its sector. 2.1 Objectives: Cement industry is a blooming sector in Bangladesh.This report on cement industry has following objectives: • to know the growth and performance of cement industry in Bangladesh • To compare the position of Bangladesh in cement industry with other countries cement industry in the world
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There are three types of market efficiency: Ø - when prices are determined in a way that equates the marginal rates of return (adjusted for risk) for all producers and savers‚ market is said to be allocationally efficient; Ø - when the cost of transfering funds is “reasonable”‚ market is said to be operationally efficient; Ø - when prices fully reflect all available information‚ market is said to be informationally efficient. Bachelier (1900): In the opening paragraph of his
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1.1 Background of the Study The garments industry of Bangladesh has been the key export division and a main source of foreign exchange for the last 35 years. At present‚ the country generates about $6 billion worth of products each year by exporting garment. The industry provides employment to about 3 million workers of whom 90% are women. Two non-market elements have performed a vital function in confirming the garment industry’s continual success; these elements are (a) quotas under Multi- Fibred
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Entrepreneurship in Bangladesh– Case studies on selected boutiques of Chittagong. i Abstract This is a study on women entrepreneurship in Bangladesh – Case studies on some selected boutiques of Chittagong. There are four parts in this paper. Part 1 is introductory part in which objective‚ methodology & limitation of the study etc topics are discussed. In Part 2 a literature review on women entrepreneurship is discussed. Then Scenario of women entrepreneurship in Bangladesh is also
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development of the Bond Market in Bangladesh in future which is in need. Finally‚ the paper offers a roadmap for the development of the Bangladesh bond market. To contribute to develop an effective bond in Bangladesh. If we analyze of the Bond Market‚ it will increase our knowledge about finance Market. In future we will be able to analyze the financial statements of any Market. II. Specific Objective: To get an overview and specific features of bond market in Bangladesh. To identify the impediments/
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FINAL DRAFT National Agriculture Policy 2010 Ministry of Agriculture Government of the People’s Republic of Bangladesh October 2010 Contents Sl. no. Areas and issues 1 Introduction 2 Strengths‚ Weaknesses‚ Opportunities and Threats of Agriculture Sector 3 Objectives of the National Agriculture Policy 4 Research and Development 5 Agricultural Extension 6 Seeds and Planting Materials 7 Fertilizer 8 Minor Irrigation 9 Mechanisation in Agriculture 10 Agricultural
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years ago? In this regard‚ what can you or the "experts" see for the future? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX The work environment in Bangladesh is very different than what it was in ten years back. The changes are as follows: IT Based: Use of IT changed a lot in the work environment. It has not only enhanced the efficiency of work but also become the most effective tool for communication. E-mail and VOIP are some of the examples of IT tool. However‚ to address this new phenomenon
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Government’s Role in Economic Efficiency Law and Economic Efficiency Criminal Law | Prohibits actions that harm others. E.g.‚ theft‚ robbery‚ fraud‚ assault and murder | Shifts behaviour away from harmful activities toward Pareto-improving activities. | Contract Law | Establishes rules for writing and enforcing contracts and penalties for failure to fulfil. | Enables Pareto Improvements involving future promises‚ such as financial contracts or work performed by employees. | Property Law |
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