Summer Reading Macroeconomics Guided Reading Questions Directions: After reading the book‚ please complete the following questions for discussion. Your responses must be typed‚ and they will be collected on the first day of class. Chapter 1: The Power of Markets 1. What are the two basic assumptions that economists make about individuals and firms? 2. What is the role and significance of prices in the market economy? 3. What’s so great about a market economy anyway? Chapter
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San Miguel Brewery a subsidiary of San Miguel Corporation‚ is the largest beer producer in the Philippines‚ with a market share of over 95% as of 2008. ] It has five breweries spread across the country producing eight beer brands‚ led by its flagship brand San Miguel. Establishments original San Miguel Brewery was founded in 1890 in Manila. Later renamed as San Miguel Corporation (SMC) in 1963. San Miguel Brewery was spun off from SMC on October 1‚ 2007 and was subsequently listed
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Total fertility rate- the average number of children a woman will have throughout her childbearing years Demographic momentum- where the large group of young people grow past childbearing age and the population decreases Crude death rate- aka mortality rate‚ number of deaths in a given year for every thousand people in a population Infant mortality rate- number of deaths among infants under one year of age for each thousand live births per year Natural increase- the difference between the crude
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CHAPTER 5: COLONIAL SOCIETY ON THE EVE OF REVOLUTION: 1700-1775 Conquest by the Cradle Know: Thirteen Original Colonies 1. What was the significance of the tremendous growth of population in Britain’s North American colonies? * First of all about half of the growth was due to slaves imported or born‚ and secondly‚ the growth made the Colonies have roughly 1/3 of the population of their conquerors‚ setting the stage for the revolutionary war. A Mingling of Races Know: Pennsylvania
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Logic‚ Philosophy‚ and History of Science Why is psychology a science?: Psychology is a science because it uses systematic collection and observation of data to try to answer questions about the mind and behavior and their interactions. Define dualism: Dualism refers to the division of the world and all things in it into 2 parts: body and spirit. What did Locke mean by tubula rasa?: “blank slate” and has been used (originally by John Locke) to refer to the mind of a child. According to this view
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HAPTER 1 1. A fact is something that can be proven without a reasonable doubt‚ while an opinion is something that someone believes in their mind is true‚ but has no evidence that proves it is true. 2. Facts are not important in essays until you judge them and come up with an informed opinion in order to support your arguement. 3. I think that all opinions have the potential to be as good as another‚ but it is how well you are able to present your opinion and argue for what you believe
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Focus On Concepts Section 15.3 The First Law of Thermodynamics 1. The first law of thermodynamics states that the change U in the internal energy of a system is given by U = Q - W‚ where Q is the heat and W is the work. Both Q and W can be positive or negative numbers. Q is a positive number if ________‚ and W is a positive number if ________. (a) the system loses heat; work is done by the system (b) the system loses heat; work is done on the system (c) the system gains heat; work is done by
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A lot of people view “knowledge” as how smart you are‚ or what you know and what you don’t‚ but there is much more to what “knowledge” really is. According to Charles van Doren‚ knowledge is the accumulation of information and the understanding of how things work. There are three types of knowledge: knowledge in particulars‚ general knowledge‚ and certain knowledge. Particular knowledge is knowing where you are well enough to survive and general knowledge is understanding concepts. Van Doren gives
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cost[[endash]]benefit analysis (CBA) Estimates and comparison of short-term and long-term benefits (gains) and costs (losses) from an economic decision. discount rate The economic value a resource will have in the future compared with its present value. economic system Method that a group of people uses to choose what goods and services to produce‚ how to produce them‚ how much to produce‚ and how to distribute them to people. See pure free-market economic system. External cost Social benefits
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A.P. Psychology Crib Notes People: Wundt- "Father of Psychology": Introspection Wertheimer- Gestalt Psychology Titchner- Structuralism James- Functionalism Watson- Behaviorism; "Little Albert Study" Freud- Psychoanalytic; dream analysis; free association; structure of personality; stages of development; defense mechanisms Milgram- Obedience; Ethics Broca- left frontal lobe: associated with expressive language Wernike- left frontal lobe: receptive language Pavlov- Classical conditioning:
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