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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Agricultural Policies of Kenya 110319175- Samantha Barry Word Count: 2147 Introduction “We are a third world ... because we have engaged the reverse gear and we are moving with jet like speed in the wrong direction. We must change this by rolling up our sleeves and working for the growth of our country.” The primary focus of this report is to evaluate Kenyan agricultural and food policy. Although the agricultural sector is the backbone of economic development‚ it continues to face
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|TM-------- | |REPORT ON THE NEED TO REVIEW THE LOCAL ECONOMIC DEVELOPMENT STRATEGY FOR NKANGALA DISTRICT MUNICIPALITY | |REPORT OF THE ACTING MUNICIPAL MANAGER
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FACTORS INFLUENCING EMPLOYER-EMPLOYEE RELATIONSHIP IN STRATEGY EXECUTION IN NON-GOVERMENTAL ORGANIZATIONS IN NAIROBI KENYA TABLE OF CONTENTS CHAPTER ONE 3 1.0 INTRODUCTION 3 1.1 Background of the Study 3 1.2 Statement of the Problem 7 1.3 Objectives of the Study 8 1.4 Research Questions 8 1.5 Importance of the Study 9 1.6 Limitations of the Study 10 1.7 Definition of Operational Terms 10 1.8 Chapter Summary 10 CHAPTER TWO 12 2.0 LITERATURE REVIEW 12 2.1 Introduction 12 2.2 Approaches of Performance
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INTRODUCTION:- Every country needs the services of financial institutions for accelerating the pace of development. Commercial banks have played a critical role in the economic development of a country. Now a day’s commercial banks are important not just from the point of view of economic growth‚ but also financial stability. In emerging economies‚ commercial banks are special for three important reasons. First‚ they take a leading role in developing other financial intermediaries
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Generations ago‚ Kenya had dozens of different religions until European colonization swept the country; its long lasting effect being that today 82.6% of the Kenyan population is Christian. No matter how long a culture has been living‚ in a blink of an eye it can easily be taken down by a group of outsiders. As Europeans “invaded” Kenya‚ the natives were pressured to convert to the newly presented ideas. Reluctantly‚ many natives were forced to adopt western culture if they wanted to avoid any further
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Relative poverty is when people are poor in relation to people around them in the country. Income poverty is when people are poor when they have less money than the defined poverty line in their country and lastly human poverty takes account other factors such as life expectancy‚ infant mortality‚ nutrition‚ illiteracy and lack of food and clean water and lack of health services. Poverty exists in both MEDC’s and LEDC’s‚ however‚ absolute poverty and the places which suffer poverty severely and the
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Role of Commercial Banks in the Economic Development of a Country: Commercial banks are one of the three primary agents which help circulating funds in the market. Commercial banks provide loans and corporate bonds to the households‚ new start ups and small medium enterprises to run their businesses. It also obtains money from the households and invests that money to other profitable investments. The money held as customer account then accrues interest which is given to the customer in the form
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Introduction Growing up in Kenya‚ that has the joint fourth largest HIV epidemic in the world‚ I had the opportunity to volunteer for an organization called ‘Care for Kenya’ that works in the largest urban slum in Africa. I conversed with women that discussed their challenges living in the slum; HIV was frequently mentioned as a growing issue. I became interested to learn more about the dynamics of how the virus is spread‚ specifically for Kenya. I came across the SIR model when researching the spread
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Financial Institution In financial economics‚ a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government. Broadly speaking‚ there are three major types of financial institutions: 1. Deposit-taking institutions that accept and manage deposits and make loans‚ including banks
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