2012 Labour Economics: Essay topics 1. “A number of factors impacted negatively on the South African labour market between 1900 -1922.” Give a concise outline of those factors. Briefly describe some the conflicts that resulted. 2. Write an essay discussing the motivation and methods for creating the colour bar in the South African labour market during the first half of the 20th century. 3. “The Labour Relations Act of 1995 makes it possible for Employers and Trade Unions to operate
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Module II: Fundamental Concepts of Managerial Economics * Opportunity Costs‚ Incremental Principle‚ Time perspective‚ Discounting and Equi-Marginal principles. * Theory of the Firm: Firm and Industry‚ Forms of Ownership‚ Objectives of the firm‚ alternate objectives of firm. * Managerial theories: Baumol’s Model‚ Marris’s Hypothesis‚ Williamson’s Model. * Behavioral theories: Simon’s Satisficing Model‚ Cyert and March Model. * Agency theory. * Opportunity cost principle
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ref=MjBfMDZfMTFfMTNfMV8yN18xNzI0OTk= Economic growth and economic development Like the infrastructure development‚ improvement of legal mechanism Can now be regarded as the most important precondition for sustainable Growth‚ a stronger economy‚ and pro-people system of governance‚ Writes M S Siddiqui Economic development generally refers to sustained and concerted actions‚ taken by the policy-makers and communities‚ which promote the standard of living and economic health
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Role of consumers: - consumers: all individ.s in ec. that consume goods and services to satisfy needs and wants - consumer sovereignty: refers to the fact that patterns of consumers spending determine patterns of production. Through spending dec. consumers express their preferences. Factors influencing individual consumer choice: Income: disposable income – after tax (main determinant on consumer spending) More income‚ more demand for good and services But APS
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Licensed to: iChapters User Licensed to: iChapters User Managerial Economics Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied‚ scanned‚ or duplicated‚ in whole or in part. Licensed to: iChapters User Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied‚ scanned‚ or duplicated‚ in whole or in part. Licensed to: iChapters User Managerial Economics Applications‚ Strategy‚ and Tactics TWELFTH EDITION JAMES R. MCGUIGAN JRM Investments
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Sarah Grumbine AP Economics July 26‚ 2013 What’s to Love about Economics? 1. Law enforcement agencies seek for lawbreakers to create problems in which they are fined for crimes they have committed. They want this to happen in order to create fines for these criminals in order for the agencies to make a certain amount of revenue from the fines that the lawbreakers pay as a consequence of their actions. Some laws that law enforcement agencies set up in order to create this type of revenue
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No. of Printed Pages : 8 MEC-001 MASTER OF ARTS (Economics) In cV O Term-End Examination June‚ 2010 MEC-001 : MICRO ECONOMIC ANALYSIS Time : 3 hours given under each section. SECTION - A Maximum Marks : 100 Note : Attempt questions from each section as per instructions Answer any two questions from this section : Present and explain Slutsky’s theorem : (a) graphically and (b) mathematically. 2x20=40 A monopolist operates two plants : 1 and 2. The marginal costs of the two plants are given
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International economics Kap1 International trade * Globalization * Many definitions * The process that makes trade‚ transport‚ transactions‚ exchange of information and mobility across national (and other) borders and across long distances‚ cheaper and easier. * Globalization is long run trend for all societies‚ * Technological globalization * Political globalization * Size Matters: The Gravity Model Technology * Technology for transport
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Economics assessment outcome 1 As Sony begins production of their new product‚ PlayStation move‚ define the following costs and explain the short run influences on each. Illustrate your explanation of each cost with a diagram. 1a.As Sony begins the production of their new product‚ the total cost of the firm is the total cost incurred in the production of their output‚ Sony total cost will include their variable and fixed cost‚ an example of variable cost is the raw materials. The variable cost
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EC229 Economics of Strategy Introduction 1. GlaxoSmithKline (GSK) is a global healthcare company specialized in the research‚ development‚ manufacturing and marketing of pharmaceutical and consumer health-related products. The company has operations in 120 countries‚ with products being sold in over 150 countries. (Description) 2. As a dominant player in the pharmaceutical industry‚ GSK operates in an oligopolistic market. It is highly cash generative‚ with increased sales growth and shareholder
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