Economics is defined as the study of how the forces of supply and demand allocate scarce resources. Economics can be subdivided into microeconomics‚ which examines the behavior of firms‚ consumers and the role of government; and macro economics‚ which looks at inflation‚ unemployment‚ industrial production‚ and the role of government (Investor Word‚ 2008). Economics can be further divided to include positive economics and normative economics. Positive economics is the study of what is‚ and how the
Premium Economics Supply and demand Microeconomics
Socio-Economic and Ethical Implications of Advertising – A Perceptual Study Dr. Raghbir Singh* Sandeep Vij** Abstract Depending upon the public opinion about the social‚ economic and ethical aspects of advertising‚ the marketers and the public policy makers should take different stances on how advertising should be treated. The study has analyzed in detail the public response to the issues like: ‘Targeting Children in Advertising’‚ ‘Use of Sex in Advertisements’‚ ‘Promotion of Materialism through
Premium Advertising Marketing
ITW INSTITUT FÜR TOURISMUSWIRTSCHAFT LUZERN Heinz Rütter Jürg Stettler Marc Amstutz Antoine de Bary Daniela GrozeaHelmenstein Economic impact of the UEFA EURO2008TM in Switzerland Study on behalf of the UEFA and Swiss Football Association in teamwork with the Institute for Advanced Studies (IHS)‚ Vienna Rüschlikon / Lucerne‚ November 2004 Economic impact of the UEFA EURO 2008TM in Switzerland CREDITS Client UEFA Swiss Football Association (SFV-ASF) Prepared by Rütter + Partner
Premium Value added UEFA European Football Championship Switzerland
All throughout history art has thrived in most prospering civilizations. These works of art are very often expressed the political‚ social‚ and economic conditions of the time period in which they were created. The Egyptian pyramids and the Gothic Cathedrals are the epitome of works of art that express political‚ social‚ and economic conditions. The Egyptian pyramids date back to Ancient Egypt from 3200 B.C- 500 B.C. The Ancient Egyptians created these pyramids for many reasons. They reflected
Premium Middle Ages Ancient Egypt Gothic architecture
Social and Cultural Environment of Malaysia The cultures around the world are very different and very much the alike at the same time. The way people live around the world depends on the norms internalized by their societies. The given circumstances that differ around the world limit individual’s chances for fortune and life chances. There are endless questions that can be asked to compare or contrast culture from culture and nation from nation‚ but the fact that there are so many similarities amidst
Premium Malaysia
DEVELOPMENT AND SOCIAL CHANGE STRATEGIES IN KENYA IN THE 21ST CENTURY DEFINATIONS Strategy is a high level plan to achieve one or more goals under conditions of uncertainty. Strategy is important because the resources available to achieve these goals are usually limited. Strategy is also about attaining and maintaining a position of advantage over adversaries through the successive exploitation of known or emergent possibilities rather than committing to any specific fixed plan designed at the outset
Premium Poverty Economics Economic growth
SOCIO-CULTURAL SYMBOLISMS AS POTRAYED IN NICK JOAQUIN’S SUMMER SOLSTICE An Undergraduate Thesis Proposal Presented to the Faculty of the College of Teacher Education University of Cebu- Banilad Cebu‚ City Philippines In Partial Fulfillment of the Requirements For Language Research Submitted by: Catipay‚ Rachel Mae O. Degollacion‚ Cybil D. Tulingin‚ Michelle S. Duhilag‚ Maricel L. Suson‚ Lynfel G. October 2013 Table of Contents ACKNOWLEDGEMENT ¡ Chapter 1
Premium Sociology
The Misconceptions of "Development Economics" The main idea in this article is how much and what kind of government intervention should take place in developing countries. Some believe lassez-faire is the solution‚ while many believe a dirigiste dogma government is needed. There are also ways of reducing poverty and distributing assets in order for countries to become more developed. Lassez-faire will only work efficiently if perfect competition is present. This is very unlikely to happen
Premium Wealth Distribution of wealth Economics
The informatics revolution - the term we use for dramatic strides in high technology in the field of computers and communications - is bringing about such revolutionary changes in organizational‚ social and political structures that no nation‚ large or small‚ developed or developing‚ can remain unaffected by this grand sweep. The informatics revolution is fed by technological breakthroughs in computer hardware and software‚ in mini and microcomputers and processors‚ in laser and fiber optics
Premium Technology Economy Tertiary sector of the economy
INTRODUCTION Differently than most civilizations in Latin America‚ the Brazilian society has some unique aspects that were formed as a result of a very singular colonization process performed by the Portuguese. The lack of political interest‚ social inequality between the black population and the white population‚ the feeling of individualism that prevails on our so called “jeitinho brasileiro” (Brazilian way)‚ are all cultural traces left by a colonization process that was basically only looking forward
Premium Brazil