|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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Economics with Study Guide. Cincinnati: South-Western College Publishing. • "Macroeconomics/Microeconomics." Encyclopedia of Business and Finance. Ed. Allison McClintic Marion. Gale Cengage‚ 2001. eNotes.com. 2006. 20 Nov‚ 2009 • McCrane‚ Jim. “Macro vs. Microeconomics: How Do The Courses Compare?” ----------------------- [1] Source->
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Name: Mouza Salem AL Khatri ID: H00224958 Section: BB2 Teacher: Karoline Gottschild (1367) words Part 1 Apple Inc is an American multinational corporation that designs and creates iPod and iTunes‚ Mac laptop and desktop computers‚ Its software includes the OS X and iOS operating system and the revolutionary iPhone and iPad. “Established in Cupertino‚ California on April 1‚ 1976 “for the first 30 years the company was called Apple Computer‚Inc but “dropped the word (Computer) on January
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firms make choices‚ how they interact in markets‚ and how the government attempts to influence their choices. Macroeconomics: The study of the economy as a whole including topics such as inflation‚ unemployment‚ and economic growth. Micro and macro are closely interwined because changes in the overall economy arise from the decisions of individual households and firms. CHAPTER 2 Trade off: The idea hat because of scarcity‚ producing more of one good or service means producing less of
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actually be used to produce goods and services. 3 Explain the difference between macroeconomics and microeconomics. Give example of the areas of concern to each branch of economics. Micro: individual unit. Eg household‚ market‚ industry Macro: economic behavior of aggregate (national level) Eg national output‚ unemployment rates‚ etc. page 6 4 Explain why it is important for an economic model to be an abstraction from the real world. TO UNDERSTAND THE COMPLEXITIES OF THE REAL WORLD
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1. What is the difference between micro and macro economics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. Microeconomics is the study of how an individual‚ group or a company makes their decisions while macroeconomics is the study of how decisions are made on a whole‚ which involves growth‚ inflation‚ use of country resources and unemployment; focusing on broad issues. Microeconomics and macroeconomics goes hand in hand‚ they compliment each other. The decisions
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we are reminded of the atrocities that he has committed. However‚ if we see the Nazi symbol‚ we immediately think of evil‚ World War II‚ even Japan and Pearl Harbor; the enemy / other that must be destroyed is what we think of. 3. How does North Korea view the outside "Western" world? A: North Korean leaders probably wish they were in as fortunate a position as developed Western countries. Alas‚ I believe that North Korea’s view of the outside Western world‚ as in what they are brainwashing themselves
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countries‚ and into the United States to be adopted by American Parents‚ is both common and important. Religion‚ race‚ and political opinions are commonly brought up when dealing with foreigners and their countries. In 1953‚ this issue surfaced in Korea. Refugees and their children fled their homes because of “persecution‚ fear of persecution‚ natural calamity‚ or military operations” (www.Immigrationtous.com‚ 2015). The people had nowhere to go‚ but out of their country. Throughout the process of
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A mother gets a headache whenever she comes back home after attending mothers’ regular meetings‚ the purpose of which is to get some information about private instruction. Her children keep her as busy as a professional manager. She surveys popular newly opened institutes called hagwon‚ makes a group "for private lessons‚" chooses instructors and pushes her children to study. When they are asked about their plans for the declining years of their lives‚ most are not saving for old age. They feel
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Chaebol The “Chaebol” is native to Korea and is a unique form of a family-owned business conglomerate. The Chaebol has a centralised ownership structure where founding family members controls the business‚ where the chairman has power over all operations. Member firms are called Kyeyol and falls under the control of the central planning office‚ which is controlled by the chairman. Cross-equity holding by family members and complex systems of interlocking ownership of member firms enables control
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