Principles of Microeconomics (ECO2103) Diploma in Business Administration Mehdi Tasaloti mehdi.tasaloti@newinti.edu.my Faculty of Business‚ Communication & Law (FOBCAL) INTI International University August 2014 Session Faculty of Business‚ Communications and Law INTI International University 1 Class syllabus for Long semester Week 1-3 4-6 Topic Economics Concepts‚ Issues & tools Price Theory ( Demand & Supply) / Individual assignment/ Test 1 7&8 Applications
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Trading over the world has dated back to at least 9‚000 years ago. Although it may have gone much further back with the trading of animals and the invention of ships‚ now-a-days international trading is one of the major parts of the global economy. It is the main reason for the development of this much industrialized world. Trading happens when countries do not have the resources to satisfy both theirs and the consumers’ needs and wants. Countries produce a surplus by exploiting their scarce domestic
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| Australian Paper Manufacturers | Case Analysis) | Introduction The case deals with the Australian Paper industry in 1990‚ the major players operating in it and how the environment is throwing up challenges to its major players and shaping the future growth of the industry. The paper industry in Australia can be separated into three categories - Newsprint‚ Paperboards and Fine paper. The industry is dominated by two big players namely the PCA and Australian Paper Manufacturer (APM) and
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United Arab Emirates (UAE) economy The United Arab Emirates economy is one of a kind that is referred as an open economy. The economy has very high per capita income with substantial annual trade surplus. The economy’s GDP that relates to oil and gas output has so far reduced in percentage up to 25%. This reduction has been experienced due to the successful efforts made in diversifying the economy (Katzman‚ 2010). UAE for a long time in the past was known to be a poor economy characterized by fishing
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walk off‚ International pressure against Australia‚ and the 1967 referendum. It was not until the late 1930’s and 1940’s that really caused the Aboriginal rights movement to really surge with the combination of international pressure on the Australian government grouped with Aboriginal political activism during this time period. In order to get an understanding of the progress of Aboriginal Rights from the 1920’s all the way to the 1967 Referendum we must look at the Aboriginal Rights before this
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Mental illness is defined as any of various conditions characterized by impairment of an individual’s normal cognitive‚ emotional‚ or behavioral functioning‚ and caused by social‚ psychological‚ biochemical‚ genetic‚ or other factors‚ such as infection or head trauma. Within the different mental illnesses there are four groups of emotionally disturbed people. It is believed that a majority of the people that negotiators have to deal with have mental illnesses or are emotionally disturbed. Fuselier
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The Australian Food Industry- KFC Report KFC (Kentucky Fried Chicken) is a chain of fast food restaurants which primarily focuses on the selling of original recipe fried chicken and other foods such as burgers‚ wraps‚ potato & gravy and coleslaw. The company was originally founded in 1952 by Colonel Harland Sanders‚ and since then it has expanded to over 9‚000 stores in 86 countries. It first opened in Australia in Guilford‚ Sydney in 1968‚ there are now over 600 stores Australia wide. Since
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INDUSTRIAL VISIT REPORT 2014 INTRODUCTION The one day Industrial visit for the 4th Semester was conducted on 07th of March‚ 2014. To have a visual study on an organization‚ one company was chosen as Interport Global Logistics Pvt. Ltd. The visit helped on to take a close look on the company’s various aspects. PROFILE One of the most professional solution providers in the logistics industry IGL has come a long way since its inception. Established in 1991 by current Chairman & Managing Director
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continent. In land area it ’s the sixth largest for a country and the smallest continent.<br><br>Australia is a very dry‚ thinly populated country. Very few coastal areas receive enough rainfall to support a large population. The largest group of Australian people live in two large cities‚ Sydney and Melbourne. The vast interior is mainly desert or grassland and there are very few settlements. As a whole‚ the country has a density of six people per square mile.<br><br>The down under is famous for vast
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The Gold Rush The discovery of gold in the colonies had a major impact on Australian society. When Edward Hargraves discovered gold in Australia in 1851‚ it marked only the beginning of the changes about to happen in Australia. The discovery of gold had a major change in Australia; it affected not only those in Australia but around the world. The news of gold found in Australia resulted in huge numbers of people migrating to ‘find gold‚ get rich’ what people didn’t realise is that it wasn’t that
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