BANGLADESH Md. Anwar Hossen‚ Department of Economics ‚ Shahjalal University of Science and Technology‚ Sylhet‚ Bangladesh‚Email: anwarbabu40@gmail.com 1. Introduction A debate has been raging in the country on whether transit facilities should be given to India or not through the land territory of Bangladesh. Some argue that it should not be given unless some core bilateral issues with India are resolved‚ while some have advanced the view that transit is an economic issue for trade facilitation and should
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ECONOMIC HISTORY Only study guide for ECS2608 J. Inggs Department of Economics University of South Africa Pretoria © 2012 University of South Africa All rights reserved Printed and published by the University of South Africa Muckleneuk‚ Pretoria Page-layout by the Department ECS2608/1/2012-2014 iii ECS2608/1/12-14 Contents ECONOMIC HISTORY OF THE WORLD Important topics and specific national examples between the two World Wars Chapter Page 1 HOW THE STUDY GUIDE
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Macroeconomics Basic economics concepts Basic economics problems Production possibilities curve INTRODUCTION Economics is one of the oldest disciplines among the humanities and is categorized as a social science. Economics examines and analyses the economic activity of people in order to satisfy their needs and desires. Human wants are the starting point of economic activity and provide the basis for economics. Generally‚ economics deals with the economic problems of individuals‚ firms
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1. What is the ‘economic problem’? The fundamental economic problem is related to the issue of scarcity. Scarcity means that resources are limited and short in supply in the world (e.g. diamond). Because of limited resources and unlimited demands‚ society needs to decide how much to produce and distribute these relatively scarce resources. The basic economic problem can be define as what to produce‚ how much to produce and for whom to produce. Some countries are lucky to have great natural resources
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Goods produced by the economic system that are used as inputs in the production of future goods and services are A) consumable goods. B) capital goods. C) tangible goods. D) depreciation goods. Answer: B 2) In the capital market‚ households ________ supply the financial resources to firms that allow them to purchase ________. A) indirectly; capital B) directly; capital C) indirectly; land D) indirectly; labor Answer: A 3) Firms
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doing this for ten years. ANSWER: Complete John’s statement. 2. "If I had been flexible with my travel dates Read John’s statement in QUESTION NUMBER 2 and choose TRUE or FALSE. 3. John expressed regret. Complete Marcia’s statement. 4. see which place is off for the best deals." Complete Marcia’s statement. 5. "If I were you‚ Choose YES or NO. 6. John chose his destination based on cost. ANSWER: Choose the correct answer. 7. Why did Marcia advised John
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The four players in the money supply process include Choose one answer. a. banks‚ depositors‚ borrowers‚ and the U.S. Treasury. b. banks‚ borrowers‚ the central bank‚ and the U.S. Treasury. c. banks‚ depositors‚ the central bank‚ and borrowers. d. banks‚ depositors‚ the central bank‚ and the U.S. Treasury. Correct Marks for this submission: 1/1. Question 2 Marks: 1 If a bank has excess reserves of $10‚000 and demand deposit liabilities of $80‚000‚ and if the reserve requirement
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..........................4 (CAPITILISM ECONOMIC SYSTEM) CHAPTER 3 ...........................................................................11 (SOCIALISM ECONOMIC SYSTEM) CHAPTER 4 ..........................................................................14 (MIXED ECONOMIC SYSTEM) CHAPTER 5 ………..……………………………………………………………….16 (ISLAMIC ECONOMIC SYSTEM) CHAPTER 6 ………..……………………………………………………………….24 (COMPARISON BETWEEN THE ISLAMIC ECONOMIC AND OTHER ECONOMIC SYSTEM) 1. DIIFFERENCE BETWEEN ISLAM
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Economics is the study of social behavior guiding in the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society. Economics seeks to understand how those individuals interact within the social structure to address key questions about the production and exchange of goods and services. First‚ how are individual needs and desires communicated such that the correct mix of goods and services become available? Second‚ how does a society provide
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COURSE: BACHELOR OF COMMERCE (BCOM) UNIT: INTRODUCTION TO MACRO-ECONOMICS QUESTION: MICRO-ECONOMICS AND MACRO-ECONOMICS INTRODUCTION Economics is the foundation of all commercial activity and comprises two areas: microeconomics and macroeconomics. Macroeconomics is concerned with the big picture‚ for example‚ the national economy and gross domestic product. By contrast‚ microeconomics is concerned with the small picture and focuses on theories of supply and demand. Microeconomics is
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