Summaries Article 1 Mai‚ C.-C.‚ Peng‚ S.-K.‚ & Tabuchi‚ T. (2008). Economic geography with tariff competition. Regional Science and Urban Economics‚ 38(5)‚ 478-486. Tariff works as a tool to have government’s control over the trade .With the help of this tool a country can increase its net revenue and maintain a healthy competition in local market but high tariff repels the foreign firms sometime. Possible benefits: 1. Homegrown manufacturer’s ability to compete on price 2. Raise
Premium Economics Tariff International trade
supply. Thus OPEC is of immense importance in world commerce. Purpose – OPEC ’s objective is to Co-ordinate and unify petroleum policies among Member Countries‚ in order to secure fair and stable prices for petroleum producers an efficient‚ economic and regular supply of petroleum to consuming nations‚ and a fair return on capital to those investing in the industry. Why do fuel prices vary in different countries? (Ref:-Shell.com/India) Cost of buying finished product in the country (country
Premium Peak oil OPEC 1973 oil crisis
been an on going debate as to whether or not hosting so called “mega sporting events” is beneficial to the hosting nation and cities‚ either economically or socially. In the early years of mega events the view that hosting one of these events was an economic burden was the view of almost everybody who mattered. However after a profit of $ 200 million profit was generated by the 1984 Los Angeles Olympics‚ many peoples view’ changed. According to Matheson and Baede 2002‚ “The prevailing perception seems
Premium Olympic Games Ancient Olympic Games United States
Economic Growth Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product‚ or real GDP. Growth is usually calculated in real terms‚ i.e. inflation-adjusted terms‚ in order to obviate the distorting effect of inflation on the price of the goods produced. Economic growth typically refers to growth of potential output‚ i.e.‚ production at "full employment". It
Premium Economic growth Gross domestic product Economics
organization. Nowadays‚ most of the organizations in the business world are facing changing business environment. There is no way to avoid either change or die. The major forces which make the changes not only desirable but inevitable are technological‚ economic‚ political‚ social‚ legal‚ international and labor market environments. The case in this assignment is Nokia‚ the Finnish company‚ faced problem because of changing customer tastes‚ new technology and stronger rivals. In 1865‚ Fredrik Idestam established
Premium Economics Change management Nokia
Which of the following is the best definition of economics? the study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided Opportunity cost is that which we forgo‚ or give up‚ when we make a choice or a decision. The reason that opportunity costs arise is that resources are scarce. If your tuition is $5‚000 this semester‚ your books cost $600‚ you can only work 20 rather than 40 hours per week during the 15
Premium Economics
* Home * About Us * Usefull Links * Contact Details ------------------------------------------------- Top of Form Bottom of Form Solved Assignments | Past Papers | Online Lectures | Handouts | Guess Papers | Books Economic Analysis MBA / MPA Solved Assinment No 2 Topic No 1 Helping Material Many scientists believe that we are rapidly depleting our natural resources. Assume that there are only two inputs (labour and natural resources) producing two goods (musical
Premium Economics Inflation Supply and demand
University Modular Framework Construction Economics [pic] Module Guide 2011/12 Module Tutor: Dr. Turker Bayrak Module Title: Construction Economics‚ LEM2030 Module Value: 1 (20 credits) at level 4 Rationale: This module aims to develop decision making skills by introducing economic principles that underpin construction industry. This module provides an insight into the ways in which the economic environment affects the construction industry. The module has
Free Economics
resist impact. Due to traffic loads‚ the road stones are subjectedto the pounding action or impact and there is possibility of stones breaking into smaller pieces. The roadstones should therefore be tough enough to resist fracture under impact. A test designed to evaluate thetoughness of stone i.e.‚ the resistance of the stones to fracture under repeated impacts may be called animpact test for road stones Impact test may either be carried out on cylindrical stone specimens as in Page Impact test
Premium Orders of magnitude Construction aggregate Mass
IMPORTANCE OF ECONOMICS Economics help students to understand more about the modern world in making the decision for the future. It also helps us to understand the problems caused by the limited resources and helps students‚ as consumers to make rational choices when making decisions. Besides that‚ students are able to understand the function and role of banks and financial institutions‚ moreover able to understand the information related to the economics. Since most of our daily routines
Premium Economics