SAU LECTURE NOTE ON ECO 213 INTRODUCTION TO MACROECONOMICS I COURSE OUTLINE 1. Nature and scope of macroeconomics • Macroeconomics defined • Why study macroeconomic • Macroeconomic theories • Relationship and interdependency of microeconomics and macroeconomics • Drawbacks of macroeconomics 2. National income accounting • Definitions • Concepts associated with national income •
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kinds of important tasks and responsibilities in the restaurant. Restaurant manager plays an important role in the hospitality and food and beverage department as they can motivate the staff and maintain the high quality service which will help the business run successfully. Manager can provide appropriate ambiance in the restaurant which will provide warm and comfortable environment for the customer. Waiter station and dividing sections of tables should be fully allocated before the start of service
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If you were having a conversation with a Keynesian and a Classical economist‚ and the conversation turned to why the economy is experiencing high unemployment and what the government should do about it‚ how would each economist explain unemployment and what policies would each advocate? If I were having a conversation about why the economy is experiencing high unemployment and what the government should do about it‚ with a Keynesian and a Classical economist I think that the economists would explain
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Sustainability and Environmental Issues in the Design Business For this assignment I am required to compile a report on the sustainable and environmental values held by a well-known company. The company I will be reporting on is Chanel. Chanel is one of the fashion leaders of the world specializing in both hand made couture and off the rack’ ready to wear fashions. Their target audiences are the wealthy members of society. Their logo and distinctive fashion styles since the 1920’s have moulded
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1. Prepare a brief report based on set task number 1. Investigate the range of hospitality businesses in your district. How many are there? What faction / section of the industry do they cater for? Make notes for a brief report on what you discover? I investigated the range of hospitality business in my district. My district is Midleton area in County Cork. I found six hospitality businesses in my area: Midleton Park Hotel Barnabrow House Ballymaloe House Castlemartyr
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estimated to have grown at a rate of 5.9 percent‚ slightly below the growth rate (6.2 percent) of FY2007-08. The key feature of the economic performance during FY2008-09 is the strong recovery in agriculture sector coupled with moderate growth in industry and service sector. The impact of the ongoing global financial crisis on Bangladesh economy has not been as severe as it was anticipated‚
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Macro-environmental trends. This portion requires you to discuss and analyse the impact on the industry of the following factors (in case the industry competes in overseas markets‚ your analysis should have a corresponding dimension): · Social‚ cultural‚ demographic and environmental forces; · Political‚ governmental and legal forces; · Technological forces; and · Economic forces. Macro-Environment Definition Major external and uncontrollable factors that
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Educate tourists about culture. • The tourism industry Been accused of: Being mainly concerned with short term profit‚ rather than long-term sustainable profit. Exploit environment. Do not raise awareness of tourists about sustainability. Owned by big transnational corporations Market destination( with 4 P)‚ bring tourism to destination‚ provide goods and services to tourists‚ employ locals and foreigners‚ Save environment‚ save local culture • NGOs (volunteer organizations)
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Macro And Micro Economics Micro Economics:- Microeconomics is a branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. In particular‚ microeconomics focuses on patterns of supply and demand and the determination of price and output in individual
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MONT ROSE COLLEGE OF MAnagment and sciences NAME: ANJANA VERMA id-mrc/21108/hnd BTEC HIGHER NATIONAL DIPLOMA IN HOSPITALITY MANAGEMENT MODUL: unit 1 the contemporary hospitality industry unit code: l/601/1788 lecturer: mr olajumoke taiwo Task-1 1.1 -Analyze the current scale‚ scope and diversity of the hospitality industry Radisson is a member of REDIZOR group of hotels with more than 270 hotels worldwide. It is the one of fastest growing chain .Radisson hotel has their own contemporary design
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