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
Free Economics Macroeconomics
University Foundation MacArthur Highway‚ Angeles City Health Economics Inflation Rate as a Health Economic Indicator Garcia‚ Juana Sophiya Ariza Lacap‚ Jonnabelle Lacsamana‚ Christoper Jel Lagman‚ Benjamin Lalu‚ Lyka Mancenon‚ Lisel Mandap‚ Paula Bianca Mande‚ Chanell abong‚ Ergs BSMT2-E Mrs. Nicole Rivera Inflation Rate as a Health Economic Indicator Definition of Health Economic Indicator A health economic indicator is a statistics about the production‚ distribution‚
Premium Inflation
Sometimes in our life‚ we may run into a good teacher and if lucky‚ it’ll be two or three. These people end up shaping our lives for the better because of their greatness‚ and we deeply admire them for that. They may have many faces‚ a professor in your university or simply they may just be your family‚ friends and neighbors. But no matter who they are‚ they must have some certain characteristics that granted their title: “A Good Teacher”. The first quality that is essential in a good teacher
Premium Learning Education Teacher
affected New York but also affected the entire country in a way that no other event has. The attacks shook the way of life of many people including those in the classrooms around Nebraska. After the attacks George W. Bush said‚ “Today‚ our fellow citizens‚ our way of life‚ our very freedom came under attack in a series of deliberate and deadly terrorist acts.” It was just that the way of life of citizens was threatened across the nation. The 9/11 attacks affected the country in a number of ways professional
Premium September 11 attacks War on Terrorism Al-Qaeda
Economics is production‚ distribution‚ and consumption of goods and services‚ or the material welfare of humankind. A couple things ive learned in economics class is the free market system and how goods and services can determine a free interprice system. It also helps us to know what is relationship between demand and supply. Another thing i learned about was how to plan a business and what is needed to make this business become successful by doing the business plan project which made me understand
Premium Economics Supply and demand Market
will compare and contrast different economic systems and explain how they answer the three basic economic questions of what to produce‚ how to produce‚ and for whom to produce. a. Compare command‚ market‚ and mixed economic systems with regard to private ownership‚ profit motive‚ consumer sovereignty‚ competition‚ and government regulation. b. Evaluate how well each type of system answers the three economic questions and meets the broad social and economic goals of freedom‚ security‚ equity‚
Premium Economics
Discuss the importance of von Thunen theory in our appreciation of rural geography The Von Thunen model of agricultural land use was created by farmer and amateur economist J.H. Von Thunen (1783-1850) in 1826 (but it wasn ’t translated into English until 1966). Von Thunen ’s model was created before industrialization it mean it was created in a rural environment concept and is based on the following limiting assumptions: The city is located centrally within an "Isolated State" which is self
Premium Agriculture
CDHPs and the Importance to Consumers CDHPs and the Importance to Consumers Introduction For sure‚ consumer-driven health plans (CDHP) have been around since the 1990s‚ since its inception by health e-commerce ventures. CDHP is a saving account that is pre-taxed‚ and is to be used for medical expenses. In-network providers’ discount may are sometimes offered‚ however‚ it is not offered to enrollees who are restricted to choose their own treatment centers or health care providers. In this
Premium Health care Managed care Health insurance
As you may know‚ the bees are vanishing. Most people may say‚ “ehh bees aren’t important‚ they just make honey”. Which is not true‚ bees play a huge role in our daily life. Did you know that bees pollinate one third of out diet? Without bees there wouldn’t be apples‚ oranges‚ melons or broccoli. Most people just don’t understand the seriousness of this problem! There has been a lot of misunderstanding and confusion when it comes to the reasoning of this bee problem. Up to this day there still
Premium Insect Beekeeping Honey bee
Internet has fundamentally changed our society."The Internet is indeed the "superhighway" of communication in our modern world. Many types of people such as workers‚ families and criminals travel our nation’s interstates. These various types of people are also found on our "superhighway" of communication. Originally the Internet was an innovation to improve communication in our society and world. We will discuss the pros and the unexpected cons of this new innovation. As our course text points out on page
Premium Communication History of the Internet Online chat