1 M.A.PART - I ECONOMIC PAPER - I MACRO ECONOMICS 1. Basic Macroeconomics Income and spending – The consumption function – Savings and investment – The Keynesian Multiplier – The budget – Balanced budget : theorem and multipliers. Money‚ interest and income – The IS-LM model – adjustment towards equilibrium – Monetary policy‚ the transmission mechanism and the liquidity trap – Basic elements of growth theory : Neoclassical and endogenous. 2. Behavioural foundations of Macroeconomics
Premium Macroeconomics Keynesian economics Supply and demand
CHAPTER 4 : FUNCTIONS AND THEIR GRAPHS 4.1 Definition of Function A function from one set X to another set Y is a rule that assigns each element in X to one element in Y. 4.1.1 Notation If f denotes a function from X to Y‚ we write 4.1.2 Domain and range X is known as the domain of f and Y the range of f. (Note that domain and range are sets.) 4.1.3 Object and image If and ‚ then x and y are known respectively as the objects and images of f. We can write ‚ ‚ . We can represent
Premium Function
According to the DSM-V‚ specific phobias are types of anxiety disorders caused by an excessive and persistent fear due to the presence or anticipation of a certain object or situation (American Psychiatric Association‚ 2013). Specific phobias are considered to fall under the category of anxiety disorders due to the severe anxiety and distress that one experiences from their extreme fear. Symptoms vary depending on the type of phobia that exists‚ but fears generally last 6 months before they are considered
Premium Phobia Fear Arachnophobia
and a function that influence an organisation ’s ability to deliver value to customers. The American Marketing Association (2006) define marketing as "an organizational function and a set of processes for creating‚ communicating‚ and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders." The above definition clearly places marketing as a function‚ and a process. This process is managed by the marketing function in most
Premium Marketing
As mentioned from the previous part there is a problem in sales‚ the purpose of the research is to figure out what causes this problem as the manager decision of the problem is to find out should the organization set new prices or not‚ furthermore what is required is to control the price elasticity of demand and the influence on sales taking into consideration the price modifications and the several levels of price changes‚ moreover the problem is considered a broad one and needs an appropriate specification
Premium Generally Accepted Accounting Principles Economics Management
What are the primary agents of socialization? The family is one primary agent of socialization and the most important. Plays an important part in all kinds of cultures and ethnicities. The family nucleus raises their members by inculcating their specific norms and values‚ with the expected results that its members will better adapt to their society. Teaching them to socialize‚ integrate and be unique individuals in society. Yet‚ there are other institutions that play a role in the socialization of
Premium Sociology Socialization Gender
Macro Final Exam Chapter 10: The Money Systems What assets are considered “Money”? What are the functions of money and the types of money? * W/o money‚ trade would require barter > Exchanging one good/service for another * unlikely occurrence that two people e/ have a good that other wants * 3 functions * Medium of exchange: an item buyers give to sellers when they want to purchase g/s * Unit of account: the yardstick ppl use to post prices & record debts * Store
Premium Economics Money supply Inflation
Boolean Functions Lecture 2 Basic Boolean functions‚ logic gates and Karnaugh maps ITP3902 Discrete Mathematics & Statistics Page 1 Lecture 2 Boolean Functions Logic gates • Logic gates are digital electronic circuits in which there are only two possible states at any point‚ such as • Open or close; • High voltage or low voltage • A certain signal is present or absent‚ etc. • The two possible states are referred to as 1 or 0. • The two states can be used to represent logic values. We use 1 to
Premium
opportunity cost of producing the second unit of clothing? 18-13= 5 The marginal opportunity cost of producing the second unit of clothing is 5 units of food. b. What is the total opportunity cost of producing two units of clothing? 22-13= 9 The total opportunity cost of producing two units of clothing is 9 units of food. c. What is the marginal opportunity cost of producing the third unit of clothing? 13-7= 6 The marginal opportunity cost of producing the third unit of clothing is 6 units of
Premium Supply and demand Economics Opportunity cost
Policies & Procedures Course Curriculum / Syllabus LTF Activity: Interval Notation (Precal) 2 Pre-Assessment 3&4 1.2 Functions and Their Properties 5 LTF Activity: - Describing Graphs (Precalculus) 6 1.3 Twelve Basic Functions LTF Activity: Characteristics of Functions (Algebra 2) 7 8&9 1.3 Twelve Basic Functions (cont.) 1.6 Graphical Transformations Review of Basic Graphs and Transformations PreAP Pre-Calculus Pacing Guide Revised June 2012
Premium