RECAP - MODULE OUTCOMES Introduction to macroeconomics Measuring performance of the economy The Monetary Sector The Public Sector Macroeconomic Theories Inflation Unemployment Economic growth and development The foreign sector THE PUBLIC SECTOR: STUDY UNIT 4 What are Your Views on Fiscal Policy and How Fiscal Policy Affects You? Roles of Government in a mixed economy 1. Establishing and enforcing rules of exchange such as Property rights‚ Contract law
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THE SAME COIN: JUSTICE AND PEACE Melduard Hernandez One of the issues that made a mark on Philippine history is the Vizconde Massacre. As what Justice Officials say‚ “It is a long road back to 1991.” The big questions were: “Why Hubert Webb and others accused are acquitted by the Supreme Court?” “Who are the real suspects of the case?” and “Why eyewitness Jessica Alfaro is considered as false witness?” The case was shrouded in mystery since it took place. The symbol for justice is a scale‚ and
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Essays for Public Economics Please send ONE essay by mail to bernasconi@unive.it by Saturday‚ March‚ 2nd (midnight) Please note that HG refers to the textbook: Hindriks‚ Jean and Gareth D. Myles‚ 2006‚ Intermediate Public Economics‚ MIT Press. In order to write the essay‚ I expect that you read ALL the material marked with *‚ regardless whether the material is under one particular essay. This because in order to write good essays I expect that you have a general knowledge of all the material covered in *
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2011 Peace and Eco-Social Justice: www.iiste.org Failed Distributive Justice‚ Violence and Militancy in India Jose Binoj School of International relations and Politics‚ Mahatma Gandhi University‚ Kerala‚ India * binoj.jose@yahoo.com Abstract Eco-social Justice which emphasizes on the need for economic and social justice along with environmental protection would bring forth peace. Peace is condition where social justice is prevalent and Social Justice is another condition based on
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Justice What is justice? How and where should the notion of justice be reflected? These are permanently essential questions in a society. In book Justice‚ Michel J. Sandel uses the example of price gouging In the midst of the disaster caused by Hurricane Charley‚ the standard of granting the Purple Heart medal and the financial bailout for the economic crisis to take these questions and the reflections on them in front of the readers. In Michel’s view‚ the case of price gouging concerns about two
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considered ethics and economics are inseparable. His thoughts about political and socio-economic structure of society are indispensible to study. The ideas were later developed and detailed by John Rawls in Theory of Justice‚ which are retrospective of Gandhi’s thoughts. To understand where Gandhian Economics stand: “Gandhian economics” is a term coined by late J.C. Kumarappan‚ who was an Indian economist. He gives the examples on types of economy in his book ‘Gandhian Economic Thought’ which is reproduced
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Hayek and Rawls take different paths along their journey to reach what they believe the proper form of distributive justice would be. They both follow liberal ideology‚ focusing more on the individual. Hayek follows a line of thinking based on liberty‚ utility‚ and a “economic order based on the market‚” and with that with that economic order comes capitalism as the most viable option for the society (Hayek‚ LLL p.68). Hayek believes that this society will offer the best opportunities for access
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1. Below is a list of topics in usually studied in economics. Determine whether each topic deals under the area of microeconomics or macroeconomics. a. How Bangko Sentral ng Pilipinas influences the consumer spending in the Philippines. b. How a household decides what LPG brand to buy. c. How a firm decides whether to continue business or shutdown. d. How debt affects the income gap among Filipinos. e. How new parents decide whether to work or stay at home with their children. f. How the
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FINAL EXAMINATION PROGRAMME: MASTER OF BUSINESS ADMINISTRATION (MBA): GENERAL AND TOURISM- YEAR ONE MODULE: ECONOMICS DATE: 21 NOVEMBER 2011 DURATION: 3 Hours EXAMINER: Mr I Govender INTAKE: JANUARY 2011 TIME: 09h00 – 12h00 TOTAL MARKS: 100 MODERATOR: Dr D Mukuvisi INSTRUCTIONS TO THE CANDIDATE: 1. Questions must be attempted in the answer book provided. 2. All queries should be directed to the invigilator; do not communicate or attempt to communicate with any other candidate. 3. You have THREE
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Expansion and Merger Dr. Elkanah Faux Managerial Economics & Globali ECO 550 February 26‚ 2012 Explain why government regulation is needed‚ citing the major reasons for government involvement in a market economy. If we look into the history of the movie industry we will find that the government intervened in the 1940’s in the movie industry. With that intervention it changed the way movies were produced in some critics’ opinion for the worst. Critics will tell you that the quality
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