Chapter 4 Economic Efficiency‚ Government Price Setting‚ and Taxes Prepared by: Fernando & Yvonn Quijano © 2009 Prentice Hall Business Publishing Economics Hubbard/O’Brien UPDATE EDITION. Should the Government Control Apartment Rents? Learning Objectives 4.1 Distinguishing between the concepts of consumer surplus and producer surplus. 4.2 Understand the concept of economic efficiency. 4.3 Explain the economic effect of government imposed price ceilings and price floors
Premium Economics Supply and demand Microeconomics
RECAP - MODULE OUTCOMES Introduction to macroeconomics Measuring performance of the economy The Monetary Sector The Public Sector Macroeconomic Theories Inflation Unemployment Economic growth and development The foreign sector THE PUBLIC SECTOR: STUDY UNIT 4 What are Your Views on Fiscal Policy and How Fiscal Policy Affects You? Roles of Government in a mixed economy 1. Establishing and enforcing rules of exchange such as Property rights‚ Contract law
Free Monetary policy Inflation Macroeconomics
International Journal of Economics and Financial Issues Vol. 3‚ No. 3‚ 2013‚ pp.743-751 ISSN: 2146-4138 www.econjournals.com Foreign Aid and Economic Growth in Egypt: A Cointegration Analysis Hoda Abd El Hamid Ali Department of Economics and Foreign Trade‚ Faculty of Commerce and Business Administration‚ Helwan University‚ Cairo‚ Egypt. Tel: 00201003452575. Email: hoda_hawary@yahoo.com ABSTRACT: There is a current and growing debate on the effectiveness of foreign aid‚ especially in
Premium Economics Development aid Aid
Rural health problems and measures :- Health is an asset to man and to his community and has come to be regarded as a prerequisite to socio-economic development. India is the second most populous country of the world and has changing socio-political demographic and morbidity patterns that have been drawing global attention in recent years. Despite several growth orientated policies adopted by the government‚ the widening economic‚ regional and gender disparities are posing challenges for the health
Premium Medicine Health care Public health
Thailand Economic Report Section I; Factual description The economics of Thailand is a mixed economy which means the combination of capitalism and socialism. The government and private sector both involve in business mechanism of the country. Government support private investors to invest in agricultural‚ industry‚ services and at the same time‚ encourage them to purchase shares in important government business. Although the government gives fully support the competitive in the local and international
Premium Economics Income Tax
w w w e tr .X m eP e ap UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level .c rs om 2281/12 May/June 2012 1 hour ECONOMICS Paper 1 Multiple Choice Additional Materials: Multiple Choice Answer Sheet Soft clean eraser Soft pencil (type B or HB is recommended) *3954581408* READ THESE INSTRUCTIONS FIRST Write in soft pencil. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. Write your name‚ Centre number and candidate
Premium Tax Inflation Supply and demand
FINAL EXAMINATION PROGRAMME: MASTER OF BUSINESS ADMINISTRATION (MBA): GENERAL AND TOURISM- YEAR ONE MODULE: ECONOMICS DATE: 21 NOVEMBER 2011 DURATION: 3 Hours EXAMINER: Mr I Govender INTAKE: JANUARY 2011 TIME: 09h00 – 12h00 TOTAL MARKS: 100 MODERATOR: Dr D Mukuvisi INSTRUCTIONS TO THE CANDIDATE: 1. Questions must be attempted in the answer book provided. 2. All queries should be directed to the invigilator; do not communicate or attempt to communicate with any other candidate. 3. You have THREE
Premium Economics Inflation Keynesian economics
applicants comprise of 01. Written Test 02. Personal Interview Written examination part is the 1st step so it comprise of 04 section which are 04 subjects : 01. General Hindi (sec –A) 02. Mathematics (sec-B) 03. General Knowledge (sec-C) 04. Rural Development and Rural Society (sec-C) Total allotted marks for each section is 20 mark which forms a total of 80 marks. 20 marks are allotted for the Personal Interview rounds. Applicants who secures the maximum marks in the written examination and personal interview
Premium 1920 Rural economics 1918
Assignment 1: Principles of Economics A March 2010 report on alcohol abuse identified American adults make up over 30 percent of alcohol abusers or are suffering from alcoholism (Roberts‚ 2010). The report interviewed 43‚000 adults in the 18 and older category and brought to light the dependency on alcohol consumption by adults as well as its far-reaching implications of costs associated with this addiction. An economist would approach the problem of alcohol abuse by making the assumption that
Premium Supply and demand Price elasticity of demand Economics
and the Peasant Woman A. Introduction Despite the recognition of various laws on the roles and contributions of women in rural development‚ it seems that women in the Philippine agricultural sector remain economically poor‚ unrecognized‚ and underrepresented. In broad strokes‚ there are two reasons for this: first‚ the policies are lacking or at least silent on rural women‚ and second‚ where the laws recognize women’s rights and welfare‚ the implementation of these policies is usually lacking
Premium Local government Rural economics Agriculture