The role of economic science in global business The term "science" reminds us of the most mathematics and everything connected with it. For some reasons this is quite right‚ but economics is a science which deals with the rational use of all resources available to human. This applies not only money‚ but other resources as well. Economics consists of two main divisions - microeconomics and macroeconomics. Quite often some economists also treat as a division the International Economic Relationship
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therefore not be expected to be the chief security officers of their kingdoms. They are not paid security agents of the state‚ and should therefore not be expected to play the role of moles‚ which was never part of the duties of traditional rulers. There is however merit in the proposal that kidnapping should attract capital punishment. Four‚ in the social contract theory that created the notion of sovereign (monarch or constituted national authority)‚ a key argument is that prior to the creation
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“ROLE OF MEDIA AND NGO IN DEVELOPMENT OF SOCIETY” -ABSTRACT- Mass media are the channels‚ such as newspapers‚ magazines‚ radio or television use to communicate information to large group of people’s. By regularly convening information to important audiences‚ from the general public to government‚ and international decision maker a media plays a major role in shaping public debate. Media organizations are independent of political influence and work as important informative
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classical theory of money. It is important both because the topics covered are central to an understanding of the economy and because many of the concepts introduced are used elsewhere in the book. The chapter has three main goals: 1. To explain the economic meaning of “money” and to introduce money supply and money demand. 2. To examine the effects of monetary policy when prices are flexible. 3. To discuss the costs of inflation. Comments This chapter can probably be covered in two lectures‚ although
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The Role of Financial Intermediaries and Financial Markets FOCUS OF THE CHAPTER This chapter provides an analysis of the roles and importance of financial institutions and financial markets‚ two important parts of the financial system. A broad classification of Canadian financial institutions is presented with an historical overview. Some basic classifications of financial markets are described. The chapter ends with an evaluation of the importance of the financial system to the Canadian economy
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If you’ve ever laced your fingers together‚ turned your palms away from you and bent your fingers back‚ you know what knuckle popping sounds like. Joints produce that CRACK when bubbles burst in the fluid surrounding the joint. Joints are the meeting points of two separate bones‚ held together and in place by connective tissues and ligaments. All of the joints in our bodies are surrounded by synovial fluid‚ a thick‚ clear liquid. When you stretch or bend your finger to pop the knuckle‚ you’re causing
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EXAMINATION OF THE TIV/JUKUN CONFLICT OF NORTH CENTRAL NIGERIA ON DEVELOPMENTmore by UKERTOR MOTI Share AN EXAMINATION OF THE EFFECT OF THE TIV.doc 345 KB Hide Sidebar level‚ but also not paying enough attention to the micro-level effects of development and conflictin society (Barbanti‚ 2004).In discussing development in conflict‚ some questions arise: What about situations where peacekeeping fails and conflict continues? How can development take place in chaos‚ wherethere is intractable conflict
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Capital Markets and Investment Banking Process Paper Investments banking process and capital markets are elements in understanding how to invest and be successful in the investments. In the investment backing process‚ investor might enlist the help of an investment banker which can help the investor with buying‚ selling‚ and trading of securities‚ managing assets and give financial advice. Portfolio construction is another area that should be examined to make sure that diversification‚ asset allocation
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Science Determinants of Foreign Direct Investment in Nigeria: An Empirical Analysis Obida Gobna Wafureα Abu‚ NurudeenΩ Abstract: The role of foreign direct investment in the development of Nigerian economy cannot be over emphasized. Foreign direct investment provides capital for investment‚ it enhances job creation and managerial skills‚ and possibly technology transfer. This paper investigates the determinants of foreign direct investment in Nigeria. The error correction technique was employed to analyze
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industrial Area‚ Bangalore-560 058 E-mail: bhatt1978@yahoo.com Financial System is the most important institutional and functional vehicle for economic transformation of any country. Banking sector is reckoned as a hub and barometer of the financial system. As a pillar of the economy‚ this sector plays a predominant role in the economic development of the country. The geographical pervasiveness of the bank coupled with the range and depth of their services make the system an indispensable medium
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