Economics for business TABLE OF CONTENTS Question 1 ................................................................................................................................ 3 Overview of the Mauritian Economy ........................................................................................ 3 Economic Indicators ............................................................................................................ 4 GDP .............................................
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Primary Market : It is a market for new shares. Secondary Market : It is a market in which exsisting securities are traded. ROLE OR FUNCTIONS OF CAPITAL MARKET : A developed‚ dynamic and vibrant capital market can immensely contribute for speedy economic growth and development. Let us get acquainted with important functions and role of capital market. * MOBILIZATION OF SAVINGS : Capital market plays an extremely important role in promoting and sustaining the growth of an economy. It is an
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Economics Assignment Effect of Commonwealth Games on Indian Economy The Commonwealth Games (CWG) is an international multi-sport event which involves athletes from the Commonwealth of Nations. The Commonwealth of Nations which is referred to as Commonwealth was formerly known as the British Commonwealth which is an inter-governmental organization consisting of fifty-four independent member states out of which two -Mozambique and Rwanda were before a part of the British Empire. The objective of CWG
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Semester I Revised June 2012 Revised Business Economics I Syllabus for F.Y.B.Com from June 2012 onwards University of Mumbai Semester I Module I: Demand analysis Demand function and determinants of demand – Concept and importance of Elasticity of demand‚ Income‚ cross‚ promotional. Case studiesConsumer surplus‚ Demand forecasting: meaning significance and methods-case studies Module II Theory of production and cost Production function-short run and long run- Law of variable proportions- Isoquantproducers’
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1.0 Introduction Although inflation is generally thought of as an inordinate increase in the general price level‚ throughout the history of economics the causes of inflation and the definition of inflation itself remained as an unresolved issue. There is a general agreement that‚ in the long-run‚ inflation is a monetary phenomenon. In short-run‚ however‚ many other factors could cause inflation that instigates unsettled debate on the causes of inflation. Every school of economists tries to define
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Treating People As Human Beings & As Economic Resources Is Not A Mutually Exclusive Proposition Intro In this essay I will be going through the ways employees should be treated for them to perform best in a company and looking at them as economical resources or human beings. I will look at different management styles and look through the theoretical perspectives of Unitarists‚ Pluralists and radicals as well as the relationship between employees and the business. I will also analyze different
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Key terms: Definition: Opportunity cost The cost of missing out on the next best alternative. Economic goods Goods that are scarce and therefore have an opportunity cost. Free goods Goods that have no opportunity cost‚ e.g. Air Factor market The market for the factors of production that make other goods and services such as labour or raw materials. Free market economy One in which there is very limited government involvement in providing goods and services. Division of labour
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UNIVERSITY OF DELHI DELHI SCHOOL OF ECONOMICS DEPARTMENT OF ECONOMICS Minutes of Meeting Subject : Course : Date of Meeting: Venue : Convenor Attended by: 1. Basanti Kumari Nayak‚ Satyawati College 2. Supriti Mishra‚ Shyam Lal College 3. Chhavi Gautam‚ Kamla Nehru College 4. Lokendra Kumawat‚ Ramjas College 5. Rashmi Mittal‚ Dyal Singh College 6. Reetika Rana‚ Shivaji College 7. Punam Tyagi‚ Kalindi College 8. Aditi Aeron Bansal‚ Shaheed Bhagat Singh College 9. Vandana Sethi‚ Motilal Nehru College
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Managerial Economics Meaning: - Managerial Economics deals with money/income. It helps in decision making regarding sales‚ production‚ and profit. It is a branch of economics that applies microeconomics analysis to decision methods of businesses or other management units. Artha – Money/Income Shasthra – Body of Knowledge Economics – Body of knowledge which deals with the management of money. DEFINITIONS OF MANAGERIAL ECONOMICS • According to
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European Community. It involved economic and political unions. It provided only for the elimination of tariffs and other trade barriers between the United States and Canada. The most important advantage of Northeast China that mainly contributed toward its being the industrial and technological center of the country in the 1970s and 1980s is: Answers its juxtaposition with China’s most important industrial neighbors. the lack of economic diversity in this area. the existence
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