data. These statistics will include the mean‚ median‚ modal class and standard deviation‚ for both Life Expectancy and GDP per capita. In Section 3 we will find the regression line which best fits our data and the corresponding correlation coefficient r. It is natural to ask if there is a non-linear model‚ which better describes the statistical relation between GDP per capita and Life Expectancy. This question will be studied in Section 4‚ where we will see if a logarithmic relation of type
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How to measure development: 10/11/2013 1. PowerPoint: Economic: GDP‚ GNP/GDP per head capita‚ real GDP‚ GNI Social measures: Life expectancy‚ birth rate‚ adult literacy‚ and infant mortality‚ HDI. Happy Planet Index is an index of human well-being and environmental that was introduced by the New Economics Foundation in July 2006 2. Read: HDI p.28-29 a) List the 3 components of the HDI Life expectancy‚ adult literacy rate and standard of living (income adjusted to local cost of
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INTERNATIONAL TRADE Pre-requisite Courses and Assumed Knowledge and Capabilities Prices and Markets or equivalent Course Description International Trade is a final year course that covers the economic theory of free trade and of intervention in the trade process. It is designed as an applied course that aims to help students integrate their knowledge of economic analysis with the fundamental determinants of the size and pattern of the gains from international trade. Students will learn to
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Macroeconomic policies are policies that affect the economy as a whole with the aim of minimizing fluctuations in the business cycle. Macroeconomic policies are made up of two types of policies‚ these including both monetary implemented by the Reserve Bank of Australia and fiscal policies administered by the government. The implementation of these policies has a significant and vital role in the achievement of multiple economic objectives. These including; Full employment of labor resources‚ sustainable
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to a shaky 18.3% by the end of the year. However‚ within one year from the crisis‚ Tylenol recouped a market of 28.6% of the $1.2-billion market of the non-prescription pain relievers‚ or in another retrospect‚ 80% of its total prior to the crisis (Gini & Marcoux 2009‚ p36). The Recovery Plan Though the product recall was quite extensive (media‚ messages and tests of the capsules) costing the company tens of millions of dollars and a tarnished reputation‚ Johnson & Johnson along with their advertising
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INTRODUCTION 1.1 Poverty: an overview of Pakistan The concept of gender inequality in education is a prevailing phenomenon. Everybody is aware of this problem and a lot of work has been done so far to investigate the extent of its impact on poverty. Gender inequalities in education exist in almost all poor countries and among the poor within these countries. There has been a considerable increase in education in low income countries over the last three decades (World Bank‚ 2001). While
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UNIVERSITY OF PETROLEUM & ENERGY STUDIES DEHRADUN Assignment TOPIC QUANTITATIVE TECHNIQUES (MBCQ 721) Submitted to: Dr. NEERAJ ANAND Sr Associate Professor - CMES Submitted by : Roll No.03 Names: ADITYA SHARMA Roll No.04 Name: ADITYA VATS MBA (LSCM) Sem I Batch 2013-15 Measures of Dispersion
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The ST Interview of Associate Professor Aneel Karnani of the University of Michigan in The Straits Times (14 Sep 2011) offers additional thoughts on what’s happening with regards to social inequality in Singapore. Social mobility and social inequality are interlinked. High social mobility is a tool to lower social inequality. According to Professor Aneel‚ income inequality is an inevitable by-product of free market economics. Technology and globalisation are two major factors why there is increasing
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Thorbecke (FGT) indices‚ Gini coefficient index (GI)‚ and ordinary least square (OLS). Result shows that for the urban part of Ekiti State‚ the poverty headcount ([P.sub.o]) indicates that 48%‚ 71% and 62% share of the population are poor in Ekiti Central‚ Ekiti North and Ekiti South while for the rural area it was 61%‚ 55% and 67% in that order respectively. The Gini coefficient shows that there is high welfare inequality in both Ekiti Central and Ekiti North as the Gini coefficient was 0.57 and 0.63 respectively
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BUS 802 MODULE 1 NATIONAL OPEN UNIVERSITY OF NIGERIA SCHOOL OF MANAGEMENT SCIENCES COURSE CODE: BUS 802 COURSE TITLE: ECONOMIC THEORY 1 BUS 802 ECONOMIC THEORY COURSE GUIDE BUS 802 ECONOMIC THEORY Course Team Dr. J.O. Onyemaechi (Course Writer/Developer) NOUN Dr. A. O. Fagbemi (Course Editor) Dr. C. I. Okeke (Programme Leader) - NOUN Dr. O. Adenuga (Course Coordinator) - NOUN NATIONAL OPEN UNIVERSITY OF NIGERIA 2 BUS 802 MODULE 1 National Open University of Nigeria Headquarters
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