university education should be free for all. However it shouldn’t be free for everyone because making it so might reduce the quality of the education provided. In addition to this the cost of it has to be paid by someone and as the money rose by fees are used for the welfare of the students. It’s the view of some people that university education should be free for everyone. Importance of education cannot be overstated. It contributes to the cultural and economic development of a society and to
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TOPIC: IS THE EFFECT OF INTERNET ON OUR LIVES BENEFICIAL? Almost everybody owns a computer today. Everyone has access to a computer. Of all these personal computers in the world right now‚ the majority of them are connected to the Internet. Internet can be seen as a bad thing if you become too dependent on it for your daily life and your daily learning. The internet leads to the destruction of the viewers mind‚ it has also been seen as an educational tool. There are many different types of sites
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Cremona Intro to Political Science January 24‚ 2013 The “Free” Citizen Freedom is defined as “the power or right to act‚ speak‚ or think as one wants.” (Oxford Dictionaries) Although the United States of America and many other countries pride themselves on being “free” this is not entirely the case. There is currently no such thing as an entirely free country anywhere on this planet. There are on the other hand many free countries that preach freedom but this freedom is limited to a certain
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The Rationale of Ultimate Beneficial Ownership Transparency is important for the investor because it will ensure them to put their money in a good place. In addition to that‚ some of the company has multiple layers and have companies overseas that located in tax haven countries such as Cayman Islands‚ Seychelles‚ and British Virgin Islands (“BVI”). The Special Purposes Vehicles in that tax haven countries is could misuse for tax evasion and money laundering. The furtiveness and opaque company ownership
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Economic Economics is the science that studies how people and societies make decisions that allow them to get the most out of their limited resources. Because every country‚ every business‚ and every person deals with constraints and limitations‚ economics is literally everywhere. This Cheat Sheet gives you some of the basic essential information about economics. the Big Definitions in Economics When studying any subject‚ a key first step is to learn the lingo. Here are definitions for three of
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ECONOMICS ANALYSIS FOR BUSINESS UNIT – 1 1. What is Economics? Economics is the science which studies human behaviour as a relationship between ends and scare means which have alternative uses. 2. Definition of economics According to “Adamsmith” Economic is a social science the deals with human behaviour pertaining to production‚ Exchange and consumption of goods and services. 3. What are basic concept of economic? * Resource allocation * Opportunity cost * Diminishing marginal
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DEPENDENCY THEORY: - Economic development theorists over the last few centuries have developed models for explaining the “undeveloped-ness” of countries in the third world countries. From Durkheim to the International Monetary Fund (IMF)‚ we have‚ time after time‚ come to witness the rise and fall of development theories and their explanations for the predicament that many poor countries face. Dependency theory has (more so than others) lasted a great deal of time in the framework of the international
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19th Century Theories 1. Continental thought in the early 19th Century was shaped by a philosophy that rejected material things in favor of a search for inner truth. This philosophy was (a) Cartesian rationalism. (b) classical economics. (c) Marxian economics. (d) social rationalism. (e) dialectical materialism. 2. A school of thought influenced by Auguste Comte’s determinism‚ and which contended that Ricardians “confined the observations on which they based their reasoning to the small
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Timings :1 hour TEST Max.Marks 58 Choose the most appropriate answer from the given options in respect of the following : 1)”Economics is the study of mankind in the ordinary business of life” was given by : a) Adam Smith b)Lord Robbins c)Alfred Marshall d)Samuelson 2)A capitalist economy uses as the principal means of allocating resources a)Demand b)Supply c)Efficiency d)Price 3)The commodity whose demand is associated
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Semester I Revised June 2012 Revised Business Economics I Syllabus for F.Y.B.Com from June 2012 onwards University of Mumbai Semester I Module I: Demand analysis Demand function and determinants of demand – Concept and importance of Elasticity of demand‚ Income‚ cross‚ promotional. Case studiesConsumer surplus‚ Demand forecasting: meaning significance and methods-case studies Module II Theory of production and cost Production function-short run and long run- Law of variable proportions- Isoquantproducers’
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