Semester I Revised June 2012 Revised Business Economics I Syllabus for F.Y.B.Com from June 2012 onwards University of Mumbai Semester I Module I: Demand analysis Demand function and determinants of demand – Concept and importance of Elasticity of demand‚ Income‚ cross‚ promotional. Case studiesConsumer surplus‚ Demand forecasting: meaning significance and methods-case studies Module II Theory of production and cost Production function-short run and long run- Law of variable proportions- Isoquantproducers’
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1.0 Introduction Although inflation is generally thought of as an inordinate increase in the general price level‚ throughout the history of economics the causes of inflation and the definition of inflation itself remained as an unresolved issue. There is a general agreement that‚ in the long-run‚ inflation is a monetary phenomenon. In short-run‚ however‚ many other factors could cause inflation that instigates unsettled debate on the causes of inflation. Every school of economists tries to define
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ECONOMICS the branch of knowledge concerned with the production‚ consumption‚ and transfer of wealth. the social science that studies economic activity to gain an understanding of the processes that govern the production‚ distribution and consumption of goods and services in an exchange economy. SCARCITY: THE NEED TO CHOOSE Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive
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Semegne Minas Grade 9 7/4/2012 Lemon Trifle Lemon Trifle is a dessert eaten by a lot of people due to its flawless taste and long lasting appearance. Like all desserts‚ lemon trifle contains fruits and fats which attract many people towards it; however people haven’t noticed the negative effects of this wonderful dessert that might harm them leaving them to become patients for the rest of their lives. The combination of fruits and fats together might look healthy‚ but many cafés and bakeries
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1. They are expensive. 2. If you have little knowledge of them‚ it is easy to get in a lot of trouble and quite literally destroy your computer. 3. Depending on the OS and software/hardware installed‚ they can be difficult to maintain. 4. If you have the internet and don’t have an Anti-Virus program‚ or at least an Anti-Spyware program‚ surfing the web can ruin your day. 5. Nothing lasts forever. 6‚ computers are taking places of labours and 1 computer can do a work of almost 100 acountents
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Do the risks of MRI outweigh the benefits? Even though MRI (Magnetic Resonance Imaging) is considered the “safe modality” of imaging‚ the number of adverse events has only increased in clinical settings across the past decade. MRI is considered the safest imaging modality because it can produce the most information from a patient while not delivering any ionizing radiation‚ unlike x-rays‚ fluoroscopy‚ etc. New safety screening technologies and safety practices have much promise in reducing these
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Although vaccination has proved to be an effective measure in preventing disease‚ controversies remain over whether the risks of side effects of vaccinations outweigh the risk of contracting the disease. Vaccination is the process when pathogenic cells are injected into the cells of a healthy person so that the body develops immunity through antibodies to that virus or bacterium. The U.S Center for Disease Control and Prevention recommends that children get 16 vaccines including Diphtheria‚ hepatitis
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Socioeconomically disadvantaged people are a population who lack sufficient income to obtain adequate health‚ food‚ housing and clothing that the rest of society can afford‚ find it difficult to ensure an adequate standard of living or are often unemployed and rely on social security and services. Aboriginal and Torres Straight Islanders (ATSI) fall into this category and make up a large amount of the people who are socioeconomically disadvantaged. A study by the ‘United Nations Draft Declaration
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UNIVERSITY OF DELHI DELHI SCHOOL OF ECONOMICS DEPARTMENT OF ECONOMICS Minutes of Meeting Subject : Course : Date of Meeting: Venue : Convenor Attended by: 1. Basanti Kumari Nayak‚ Satyawati College 2. Supriti Mishra‚ Shyam Lal College 3. Chhavi Gautam‚ Kamla Nehru College 4. Lokendra Kumawat‚ Ramjas College 5. Rashmi Mittal‚ Dyal Singh College 6. Reetika Rana‚ Shivaji College 7. Punam Tyagi‚ Kalindi College 8. Aditi Aeron Bansal‚ Shaheed Bhagat Singh College 9. Vandana Sethi‚ Motilal Nehru College
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