Introduction to Macro economics – Key concepts- Growth‚ Inflation and unemployment‚ objectives and instruments/policies Circular Flow of economic activity. DR. TULSI JAYAKUMAR 2 An Intro to Macro What is Macroeconomics Two central themes of macroA) The short-term fluctuations in output‚ employment‚ financial conditions and prices that we call the Business Cycle. B) The longer term trends in output and living standards known as economic growth DR. TULSI JAYAKUMAR 3 An Intro to Macro- The story
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Micro economics is a branch of economics which studies individual firms and consumers. The basis of micro economics is supply and demand; how does the market react to changes in supply and demand and inevitably how does it affect price. Microeconomic decisions by both firms and individuals are motivated by cost and benefit considerations. Costs can be either be in terms of financial costs such as average fixed costs and total variable costs or they can be in terms of opportunity costs‚ which consider
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In the micro-system the individual is the dominant factor. The risk factors act upon the individuals are as follows. Firstly‚ genetics is a major risk factor that is beyond the control of the individual an example of such is body mass composition‚ which is the manner of which the body takes on weight. The consequence of genetics is that the individual has little control over weight gain and thus must be more conscious of their lifestyle choices. The psychological risk factors associated with the
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banking and related services.” Microfinance is not just about giving micro credit to the poor rather it is an economic development tool whose objective is to assist poor to work their way out of poverty. It covers a wide range of services like credit‚ savings‚ insurance‚ remittance and also non-financial services like training‚ counseling etc. FEATURES: * Borrowers are from the low income group * Loans are of small amount – micro loans * Short duration loans * Loans are offered without collaterals
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BUSINESS ENVIRONMENT | |After discussing the meaning of business environment‚ now we will discuss the various components of business environment. The various components of business environment are- [pic]External environment consists of those factors that affect a business enterprise from outside. External environment includes shareholders‚ competitors‚ customers‚ society‚ government laws and regulations‚ policies and technology. External environment is generally classified into micro environment and
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Table of Contents 1 Introduction: 6 1.1 Objectives: 6 1.2 Scope of the Study: 7 1.3 Methodology and Data Collection: 8 1.4 Limitations: 11 2 Institute of Microfinance (InM) 13 2.1 Vision: 13 2.2 Mission: 13 2.3 Governance: 14 2.4 Governing Body 14 2.5 Current Governing Body of InM 14 2.6 General Body 15 2.7 Activities of the Institution: 16 2.8 Research: 16 2.9 Trainings: 17 3 Evaluation and Development of Microfinance Sector: 20 4 The Microfinance
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|dipayan@iimidr.ac.in | |Instructor 3 |Amlendu Dubey |C‚ First Floor |569 |amlendu@iimidr.ac.in | Course Description The course covers macro-economic theory and its applications particularly to the Indian context. The main theoretical framework for the course will be IS-LM and Aggregate Demand – Aggregate Supply. We begin the course with understanding national income accounts. We then set
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[pic] Assignment 1 Macro-environmental analysis Company: The Dairy Farmers Co-operative Milk Co. Ltd Products: Dairy products Country: Vietnam [pic] Executive Summary In recent decades‚ the Vietnamese economy has experienced an unprecedented growth. Along with the significant development of the economy‚ the increasing in population and income has led to a rising need for imported dairy products like milk
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Organizational chart / Organogram of a traditional coffee house in Malaysia A kopitiam or kopi tiam is a traditional coffee shop found in Southeast Asia‚ patronised for meals and beverages. The word kopi is Malay for coffee (as borrowed and altered from English) and tiam is the Hokkien dialect word for shop (店). Menus typically feature simple offerings: a variety of foods based on egg‚ toast‚ and kaya‚ plus coffee‚ tea‚ and Milo‚ a malted chocolate drink which is extremely popular in Southeast
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What is the difference between micro and macroeconomics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. Micro and macroeconomics describe the same concept of economics at different levels hence they are intertwined ideas. Microeconomics is concerned with individuals in the economy like households‚ workers and business (Taylor & Greenlaw‚ 2016). It concentrates on how business establishes prices‚ how it is affected by taxes and it explains the concept of demand
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