Macro-Economics What is Macroeconomics? Macroeconomics studies the behaviour of the entire economy‚ and how resources are allocated. It examines economy – wide phenomena such as changes in unemployment‚ national income‚ rate of growth‚ gross domestic product‚ inflation and price levels. Macroeconomics deals with 5 variables: Variable Macroeconomic objective Economic growth A steady rate of increase of national output Employment A low level of unemployment Price stability A low and stable
Premium Inflation Economics Gross domestic product
ECONOMICS Economic Problem * Unlimited wants‚ limited resources Economic Systems * Questions to answer: 1. What to produce? 2. How much to produce? 3. How to produce? 4. For whom to produce? * Criteria to classify economic systems 1. Productive resources owned by private individuals (private sector) or government (public sector) 2. Role of market forces of demand and supply in allocating resources‚ determining prices‚ distributing incomes 3. Role of government in production
Premium Supply and demand Economics
Dear Sir / Madam‚ I am writing to you to apply for the Degree Programme in International Business‚ in which I am particularly interested. My aim is to work in an international field related to business. Therefore I would like to gain a deeper theoretical knowledge in international business. I believe ………………………………. University with an international business degree is the best place to achieve my career objectives. I have successfully completed Secondary School Certificate Examination in 2009
Premium Management Business Business school
English 1101 Social Commentary Essay The automobile has had a tremendous impact on society and the environment since its development in the beginning of the 20th century. Today‚ there are over 500 million motor vehicles on the earth. People enjoy their privacy and the convenience of an automobile. There are no schedules to keep track of. A person can come and go from a destination at their own free will. They also have the ability to travel and see scenery that people are limited to on public
Premium Automobile Vehicle Truck
ENGLISH COMMENTARY Q) Write a commentary on ‘Summer Home’. A) The poem ‘Summer Home’ by Seamus Heaney is an exposé of Heaney and his wife’s difficulties. From the foulness of the atmosphere‚ brought out by the larval mat‚ “possessed air” and the sour summer‚ to the metaphor of his wife’s breasts (“Stalactites in the cave’s old‚ dripping dark-”)‚ Heaney attempts to show his love for his wife and how much he wants his marriage to work. The poem uses very sensual imagery of flowers and reference
Premium Marriage Sexual intercourse Human sexuality
English commentary Haper lee uses many literary techniques to broaden and refine I ideas of the characers and their surroundings. Lee specifically uses metaphors and listing in this extract to build an understanding of scouts perspective. Haper lee uses the literary technique of listing to evoke the feeling of scout being immature and stubborn. This is described when Haper lee say “did not drive a dump-truck for the county‚ he was not the sheriff‚ he did not farm‚ work in a garage‚ or do anything
Premium Fiction Father Style
IB Chemistry Summary- By Paul Li & Silvia Riggioni TABLE OF CONTENTS Table of Contents............................................................................................................................................................ 1 Atomic Theory................................................................................................................................................................ 3 The Electromagnetic Spectrum.............................................
Free Atom Periodic table Covalent bond
Higher Level Mathematics Internal Assessment Type I Shadow Functions Contents Introduction: Functions/Polynomials 3 Part A: Quadratic Polynomials 4 Part B: Cubic Polynomials 12 Introduction: In mathematics‚ function is defined as a relationship‚ or more of a correspondence between the set of input values and the set of output values. Also‚ a rule is involved‚ or as it may be referred to‚ a ‘set of ordered pairs’ that assigns a unique output for each of the input. The
Premium Psychology Management Educational psychology
Explore Download 0CommentLinkEmbedof 6Readcast0 inShare Xavier Bourret-Sicotte Physics18/09/2007 Measuring the speed of sound In this experiment‚ we will measure the speed of sound.The apparatus consisted of a plastic tube filled with water linked to a water container. Thiscontainer could be displaced vertically in order to change the water level. We would thenmake a tuning fork vibrate above the pipe and change the water level until the resonance wasat maximum intensity.Hypothesis: The
Premium Speed Frequency Measurement
IB LEARNER PROFILE INQUIRERS We nurture our curiousity‚ developing skills for inquiry and research. We know how to learn independently and with others. We learn with enthusiasm and sustain our love of learning throughout life. KNOWLEDGABLE We develop and use conceptual understanding‚ exploring knowledge across a range of disciplines. We engage with issues and ideas that have local and global significance. THINKERS We use critical and creative thinking skills to analyze and take responsible
Premium Learning Knowledge Critical thinking