ECO 202 - WEEK 2 MEASURING MACROECONOMIC PERFORMANCE LECTURER: PHEH PIK TENG WEEK 2 – MEASURING MACROECONOMIC PERFORMANCE What is Gross Domestic Product (GDP)? • It is a measurement to determine the economic health of a country. • Economists take measurements of the economy to find out how the economy is doing. • GDP is the value of the aggregate production of goods and services in a country during a given time period. • It is the total market value of all final goods and services produced
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the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. This clearly shows the importance of small-scale industries in the economic development of the country. The small-scale industry have been playing an important role in the growth process of Indian economy since independence in spite of stiff competition from the large sector and not very encouraging support from the government
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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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Project Execution Phase Overview: Once a project moves into the Execution Phase‚ the project Team and the necessary resources to carry out the project Should be in place and ready to perform project activities. The Project Plan should have been completed and base lined By this time as well. The project team and specifically the Project Manager’s focus now shifts from planning the Project efforts to participating in‚ observing‚ and analysing The work being done. Executing the Project Plan
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Mahindra War Room 2014 Financial Services Business Caselet MAHINDRA FINANCE SECTOR FINANCIAL SERVICES BUSINESS CASELET Mahindra Financial Services Sector offers a range of financial products and services to the under-served customers in rural and semi-urban India. Mahindra Finance is fabled as a success story in rural penetration and poverty reduction through financial inclusion. BUSINESS BACKGROUND Mahindra & Mahindra Financial Services Limited (MMFSL) is one of India’s leading Non-Banking
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Economics 1 Assignment Name: Shaun Neo Wei Qiang Student CT NO. : CT0209608 Date : 18th April 2014 Module : Economics 1 Lecturer : Mr Wong Hean Hoo Outline 1) Introduction 2 2) Relating to the Article – Inflation 3 3) Some of the causes for inflation 4 4) Managing inflation 5 5) Conclusion 6 6) Biblology 7 7) Actual Article Selected 8 Page 1 Introduction The article I chose Is from Today
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shareholders or 4‚000. Sometimes it takes thousands and thousands of shareholders to finance a large firm. Keeping all of these people in the loop would be daunting and impossible. Having a few individual executives responsible for making the business decisions is much more efficient for the firm. This is the best system in place to run a firm efficiently. It is ultimately the responsibility of the executives to maximize profits and to keep the shareholders happy. There are many laws in place
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NT 2580 Introduction To Information Security Teacher : Mr. Timothy Tacker Project Part 2 Student SSCP Domain Research May 30‚ 2015 Continuing of Richman Investments has expanded with more offices‚ locations and clients‚ which the needs of protection for assets are greater. I have decided to implement the following policy for removable media: Richman Investments staff may only use Richman Investments’ removable media in their work computers. Richman Investments removable media may not be
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Total Economic Costs = $793‚000 + $190‚000 = $983‚000 - Total accounting profit is total revenue less explicit costs. $970‚000 - $793‚000 = $177‚000 - Total economic profit is revenue less economic costs. $970‚000 - $983‚000 = <$13‚000> Prior to starting Sound Audio‚ the owner earned a salary of $175‚000 per year. In year one‚ he realized an accounting profit of $177‚000‚ which is greater than his annual salary; however‚ the economic profit
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BECO001 ASSIGMENT2 Case study #5: Milk Price War 1. What are the main issues? * Main Issues: * Coles and woolies have decreased the price of milk ( 2 litre bottle of own- brand milk just $2) * Based on saving my by Coles and Woolworths customer following the lower milk price; they saved $175 million * Based on saving my by Coles and Woolworths customer following the lower product price; they saved $500 million * Coles and Woolworths have control the milk price
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