A First Look at Macroeconomics Economic Growth • Definition: the expansion of the economy’s PPF (outward shift) • Measured by the increase in real domestic product (also called real GDP) Costs Benefits Forgone current consumption Technological progress Slow growth rates = real costs (e.g. compromised health care‚ worse roads‚ less housing etc.) Greener environment (questionable) Fluctuations of Real GDP around Potential GDP: the Business Cycle The Okun Gap Definitions: • Actual GDP:
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with such quality and expertise that campus departments gain a competitive advantage from our collaborative efforts to make Virginia Tech a great place to work. HR Strategic Plan Goals and Objectives Goal One: Promote and enhance our competitive total rewards package to recruit and retain top talent. Objectives: Create a total rewards message to educate HR partners‚ hiring managers‚ and recruits on the total value of the Virginia Tech employment package Work closely with management to reinforce
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Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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Advance Macroeconomics 1. Why the rich become richer and poor become poorer? It is because of the rising in inequality. He rich have got richer‚ and the poor have become relatively poorer. It is not that the real incomes of the lowest paid have fallen (though in some cases real incomes have been stagnant) but‚ they have fallen behind higher income earners. The gap between the highest paid and lowest paid has increased. In the past couple of decades it feels like the ‘rich have got richer
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OBJECTIVES: 1. to investigate the heating process for solid dodecanoic acid 2. to investigate the cooling process for liquid dodecanoic acid 3. to determine and compare the melting and freezing points of dodecanoic acid SUPPLIES: Equipment ring stand buret clamp hot plate test tube (18mm * 150 mm) assembly (half full with solid dodecanoic acid with thermometer embedded) beaker (400 mL) thermometer for water bath lab apron safety goggles Chemical Reagents dodecanoic acid‚ C11H23COOH
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MACROECONOMICS (DEC 0023) NAME: PUTERI NURATIKA BINTI GEMARI NO.ID:012012051179 LECTURER NAME:MISS PARIMALA DATE OF SUBMISSION:21 FEBRUARY 2013 The purpose of this report is to know more about the 2013 budget and also known as a Najibnomics by YAB Dato’ Sri Najib Tun Haji Abdul Razak . Najibnomics is the creative and innovative ideas‚policies‚strategies and programmes of the Prime Minister‚Dato’ Sri Najib to lift the nation towards a high-income and developed economy by 2020.the 2013 Budget
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Christopher Ragan Leacock 321-C Economics 295B Introduction to Macroeconomic Policy Tuesdays and Thursdays‚ 4:00 pm – 5:30 pm‚ Leacock 132 ***** I. Housekeeping Details 1. Office Hours. My office hours are Tuesdays and Thursdays from 10:00 am - 11:00 am. If you are unable to see me then‚ please speak to me to arrange an appointment. 2. Required Textbook and MyEconLab. The textbook for this class is the macroeconomics half of Economics‚ by C. Ragan and R. Lipsey (13th Canadian Edition
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Macroeconomics explores trends in the national economy as a whole considering the study of the sum of individual economic factors. Industry is affected by factors such as GDP‚ unemployment‚ inflation‚ interest rates‚ and consumer price index. Fiscal (government) policy can help guide the economy toward a particular track without dictating a specific ending affecting tax‚ interest rates‚ and government spending (McConnell and Brue‚ 2005). Monetary policy attempts to achieve vast economic goals by
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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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ECON1102 Macroeconomics 1 Course Outline Semester 2‚ 2013 Part A: Course-Specific Information Students are also expected to have read and be familiar with Part B Supplement to All Course Outlines. This contains Policies on Student Responsibilities and Support‚ Including Special Consideration‚ Plagiarism and Key Dates. It also contains the ASB PROGRAM LEARNING GOALS. Table of Contents 1 STAFF CONTACT DETAILS 1 1 2 2 2 3 3 3 3 4 4 5 6 6 6 6 7 7 7 8 8 8 9 9 10 10 11 1.1 Communications with
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