ECON1102 Macroeconomics 1 Course Outline Semester 2‚ 2013 Part A: Course-Specific Information Students are also expected to have read and be familiar with Part B Supplement to All Course Outlines. This contains Policies on Student Responsibilities and Support‚ Including Special Consideration‚ Plagiarism and Key Dates. It also contains the ASB PROGRAM LEARNING GOALS. Table of Contents 1 STAFF CONTACT DETAILS 1 1 2 2 2 3 3 3 3 4 4 5 6 6 6 6 7 7 7 8 8 8 9 9 10 10 11 1.1 Communications with
Premium Economics Tutorial Macroeconomics
axis and Good 2 is on the vertical axis‚ then an increase in the price of Good 1 will not change the horizontal intercept of the budget line. 2. Henrietta’s utility function is U(x1‚ x2) = x1x2. She has diminishing marginal rate of substitution between goods 1 and 2. 3. Other things being equal‚ a lump sum tax is at least as good for a consumer as a sales tax that collects the same revenue from him. 4. Sharon spends all of her income on peaches and strawberries. Peaches are a normal good for her
Premium Marginal cost Cost Economics
firm economically from their pricing behavior. This involves setting prices in order to control the profits level earned by such firms. This setting of air prices under Australia under the now redundant two-airline policy. Economic efficiency is the main reason why the government is mandated to regulate the air transport industry especially in Australia where the two airline firms operate. Economic efficiency refers to as situation in which the real sources of the society are utilized in order to
Premium Airline Economics Regulation
at‚ the dialogue‚ the setting‚ and the order of events. The dialogue and order of events in‚ The Outsiders‚ is almost completely the same between the novel and the movie because in the book Sodapop Curtis says “Soda just put his hand on my shoulder. ‘Easy‚ Ponyboy. They ain’t gonna hurt you no more.’ ” and “You’re an okay kid ponyboy”. Which is exactly what happens in the movie. “ ‘What’d he want?’ Two-Bit asked. ‘What’d Mr. Super-Soc have to say?’ ‘He ain’t a Soc‚’ I said‚ ‘he’s just a guy. He
Premium S. E. Hinton The Outsiders Fiction
Introduction Demand Supply Market Supply and Demand 2.301 Microeconomics Cohort 1.1 Term 4‚ 2013 Continuous Double Auction Market Introduction Demand Supply Market Supply and Demand Welcome!! Continuous Double Auction Market Introduction Demand Supply Market Supply and Demand Continuous Double Auction Market Introduction • Microeconomics is the study of how individuals and firms‚ assumed to be self-interested‚ make constrained decisions
Premium Supply and demand
Wolfe Tone and the United Irishmen Theobald Wolfe Tone was born in Dublin in 1768 as a Protestant. He worked as a barrister and desired to change the Irish Parliament also known as parliament reform. He was influenced to do this by the French Revolution which took place in 1789‚ during which the French people rose up against their rulers because they wanted a complete change. Tone also had great admiration for the new democracy of the United States. Wolfe Tone thought he could do something similar
Premium United States French Revolution United States Declaration of Independence
Production–possibility frontier In economics‚ a production–possibility frontier (PPF)‚ sometimes called a production–possibility curve‚ production-possibility boundary or product transformation curve‚ is a graph that compares the production rates of two commodities that use the same fixed total of the factors of production. Graphically bounding the production set‚ the PPF curve shows the maximum specified production level of one commodity that results given the production level of the other. By
Premium Economics Supply and demand Consumer theory
contrast‚ they don’t mix... at least not immediately! It has been stated that this stange and natural phenomenon is caused by and where heavy‚ sediment-laden water from the Alaskan glacial valleys and rivers pour into the open ocean. There is a gulf between the two kinds of water which run into each other.
Premium Sustainability Water Ocean
Circulation in macroeconomics Macroeconomics (from Greek prefix "makros-" meaning "large" + "economics") is a branch of economics dealing with the performance‚ structure‚ behavior‚ and decision-making of an economy as a whole‚ rather than individual markets. This includes national‚ regional‚ and global economies.[1][2] With microeconomics‚ macroeconomics is one of the two most general fields in economics. Macroeconomists study aggregated indicators such as GDP‚ unemployment rates‚ and price
Premium Gross domestic product Economics Macroeconomics
they all had many powers and virtues. Some granted life‚ in many forms. Some were in charge of resources like water‚ light‚ wind‚ earth‚ and fire. Some were even in charge of death. And there were also many other powers that fell into categories between those. But‚ there were two very well known deities‚ Astrapi and Keme.
Premium Lightning Thunderstorm Precipitation