Microeconomics‚ 8e (Pindyck/Rubinfeld) Chapter 1 Preliminaries 1.1 The Themes of Microeconomics 1) Microeconomics is the branch of economics that deals with which of the following topics? A) The behavior of individual consumers B) Unemployment and interest rates C) The behavior of individual firms and investors D) B and C E) A and C Answer: E Diff: 1 Section: 1.1 2) A Rolling Stones song goes: "You can’t always get what you want." This echoes an important theme from microeconomics
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Poverty The word poverty is derived from French word “Pauvre”‚ meaning poor. Material possession of having little or no more means to support oneself is called poverty according to Bargata and Borgata . Poverty is of two types absolute poverty which refers to the basic needs of human life which commonly includes food‚ water‚ sanitation‚ shelter‚ clothing‚ health care and education and relative poverty which is defined as economic inequality in the location or society in which people live. According
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Analysis on Inflation Regression Model Done by: Hassan Kanaan & Fahim Melki Presented to: Dr. Gretta Saab Due on: Tuesday‚ January 25‚ 2011 Outline: I. Introduction A. Definition of Variables B. Type of Variables II. Background and Literature Review A. Inflation and Unemployment B. Inflation and Oil Prices C. Inflation and GDP D. Inflation and Money Supply III. Analysis A. SPSS 17 analysis B. E-Views 5 analysis IV. Conclusion and Recommendation V. Indexes
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Unemployment in Saudi Arabia Abstract: We can state that the main goal of any development plan in any place in the world is securing jobs for citizens. In the kingdom‚ we are living through unprecedented growth. We have seven million foreigners and we rank second after the U.S. in remittances. Yet‚ 10 percent of Saudis are vying for getting the 2‚000 riyals offered by the Hafez program for job-seeking citizens. In this research‚ we are going to discuss
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Policies for Reducing Unemployment There are two main strategies for reducing unemployment - • Demand side policies to reduce demand-deficient unemployment (unemployment caused by recession) • Supply side policies to reduce structural unemployment / (the natural rate of unemployment) Demand Side Policies [pic] Demand side policies are important when there is a recession and rise in cyclical unemployment. (e.g. after 1991 recession and after 2008 recession) 1. Fiscal
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What is unemployment? Unemployment (or joblessness) occurs when people are without jobs and they have actively sought work within the past four weeks. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. Types of Unemployment: * Classical Unemployment Classical or real-wage unemployment occurs when real wages for a job are set above the market-clearing
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For the two career websites‚ I choose Monster.com and CareerBuilder.com. When I was on both websites looking for a job I noticed that on Monster.com there weren’t as many job listings as CareerBuilder.com‚ in addition Monster.com didn’t have as many options to narrow down specific job titles or certain companies like CareerBuilder.com had. Also while comparing the two websites I noticed that in Monster.com the descriptions for the job titles didn’t have as much information as CareerBuilder.com had
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Increasing global women unemployment threat to economy. The International Labour organization shows the gap between the males and females in global labour market was in control in the early 1990’s but it gradually increased significantly after the global economic crisis in 2007.Huge women unemployment is seen in most of the developing countries. In developing countries women involves in trade related sectors. Women contribute to the economy in large scale. Most of the domestic‚ cottage or small
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and have opportunities to work in next week and able to accept that work. The unemployment is the major crisis in recent years as it affects the whole economy of the country. The rate of employment growth is less than the rate of population growth in Australia. Hence‚ result in rise in unemployment in Australia. Unemployment is the major hurdle in the economic and social development of the country. It results in poverty‚ despair‚ poor standard of living‚ low GDP‚ less revenue of government‚ social
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Macroeconomics Case study a) Do you agree on this article. Please give your comment. Yes‚ I do agree on this articles. The reason given is logic and reasonable. Firstly‚ the fresh graduate can write and understand English‚ but they seems to have problem speaking in English. English are known as international language and is important to be able to communicate with it. This will help them to communicate in big company because if they have an international client‚ it would be easy for them to communicate
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