Macro-Economics What is Macroeconomics? Macroeconomics studies the behaviour of the entire economy‚ and how resources are allocated. It examines economy – wide phenomena such as changes in unemployment‚ national income‚ rate of growth‚ gross domestic product‚ inflation and price levels. Macroeconomics deals with 5 variables: Variable Macroeconomic objective Economic growth A steady rate of increase of national output Employment A low level of unemployment Price stability A low and stable
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periods of falling real incomes and rising unemployment Depressions: severe recessions (very rare) Short-run economic fluctuations are often called business cycles FACTS: 1. Economic fluctuations are irregular and unpredictable. 2. Most macroeconomic quantities fluctuate together. 3. As output falls‚ unemployment rises. The AD curve shows the quantity of all g&s demanded in the economy at any given price level. Y = C + I + G + NX When an increase happened to C‚I‚G‚(NX or EX) - the
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Tassler Timber Operations (TTO) rely heavily on external environmental factors‚ in order to stay in business. Not being able to control these factors makes it hard to do so‚ because they are not internal‚ but rather external. Various environmental factors impact TTO as a small business‚ from relying on multiple regulations imposed by the industry and government‚ like road limits and hiring guidelines‚ to leaving a job site if they see an endangered species or an active wolf den‚ to not being able
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2006 and year 2007‚ making a 3.6% growth. However‚ its economic growth slowed down and went into negative growth when the global crisis hit in 2009. The economy entered its first recession in six years as a global slowdown strangled exports and companies slashed spending. The economic growth rate was -1.9%‚ which was dragged down mostly by a huge fall in Foreign Trade and Capital Investments. Swiss Economy: Declining Foreign Trade and Capital Investments - credit-suisse.com (09.01.2009)The Swiss
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money and satisfy your clients. Leadership‚ while often steeped in personal style‚ should not be arbitrary. Understanding factors that influence how we lead our staff can help us manage our personnel more effectively. In my opinion‚ there are 3 main factors that influence my choice of leadership style: myself personality‚ my employees and working environment. Firstly‚ one factor determining leadership style that cannot be ignored is the personality of the individual who is in charge of a group of
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FACTORS THAT CAN INFLUENCE JUSTICE IN AMERICA Ivy Tech Community College Patricia Smihter Factors That Can Influence Justice In America There are several factors that can influence justice in America. I find that you can read and look up information all day on justice in America as far back as history goes. The constitution of the United States and the Supreme Court help set laws
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phrase ‘double-dip recession’ which now commonly used in the West. Macroeconomics is concerned with the study of aggregate economy‚ which embodies all nationally relevant economic indicators. The common indicators are the unemployment rate‚ the rate of inflation‚ the GDP per capita‚ economic growth‚ the economic cycle‚ and the labor force. Since 2003‚ Brazil’s economy has been growing steadily. It has been improving its macroeconomic stability despite a small crisis in 2008 which saw its growth rate
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Factors that influence an employee to stay with an organization Support Values Organization is encouraged to share their values with their employees. This is important because shared values can help to keep staff motivated and loyal. Normally people will feel comfortable in an environment that matches their attitudes and values. So by sharing company’s value‚ it helps to influence an employee to stay longer with the organization. Seeing the big picture A clear organization’s goal‚ direction
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Factors that influence consumer buying behavior There are a lot of subjects for marketers to understand in order to get more customers purchasing their companies’ products or brands. Consumer buying behavior is one of the studies that marketers need to understand. Factors that influence consumer buying behavior can be classified into four classes which are social factor‚ cultural factor‚ personal factor and psychological factor. One of the factors that influence consumer buying behavior is
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Fundamentals of Macroeconomics Paper Part I Macroeconomics includes a variety of terms relevant to its study. The following terms help identify key factors that influence the U.S. economy. The Gross Domestic Product (GDP) is a measure of a country’s value based on goods produced‚ services rendered‚ government spending‚ and the difference of exports minus imports. The Real GDP is the measure of the output of GDP that is acclimated for inflation or deflation. The Nominal GDP is a little different
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