Assignment on Micro-Economics Submitted To: Md. Ridwan Reza Lecturer Department of Business Administration Leading University‚Sylhet. Submitted By: Rahat Sarwat Md. Sal Sabil ID: 1001010143 Md. Saddam Hussain ID: 1001010101 Adnan Islam ID: 1001010144 Syed Shaker Ahmed ID: 1001010125 Md. Lahinur Rahman ID: 1001010129
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Chapter 01 - Economic conceptsChapter 01 - Economic concepts Student: ___________________________________________________________________________ 1.|Economics is a study of: A. |scarcity.|B. |production.|C. |labour resources.|D. |money.|| 2.|Opportunity cost means: A. |wasted opportunities.|B. |costs incurred in purchasing goods and services.|C. |alternatives forgone.|D. |the costs of production.|| 3.|The production possibilities frontier illustrates: A. |current production levels.|B
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1) Give some examples of economic integration‚ today and in the past. Although there exists more than 500 free trade agreements in some shape or from worldwide‚ I contemplate two of the major ones when addressed with this question. Namely EU and NAFTA. EU also known as the European Union formerly known as the European Community has a long and rich history that I will not go into detail about here. I will however note that it was a result of two world wars there left the independent countries poor
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connection to the empowerment of women. "Across the decades” was the main approach for this focus group. Asking a compilation of questions to six participants; women possibly even men in distinct decades of life: people in 90’s‚ 80’s‚ 70’s‚ 60’s‚ 50’s‚ 40’s‚ and 30’s. Questions were made to be answered specifically from their experiences and knowledge over the years; what they saw happening and how our culture was changing in reflection to the uplifting of women in society. The findings from participant’s
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Which of the following is the best definition of economics? the study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided Opportunity cost is that which we forgo‚ or give up‚ when we make a choice or a decision. The reason that opportunity costs arise is that resources are scarce. If your tuition is $5‚000 this semester‚ your books cost $600‚ you can only work 20 rather than 40 hours per week during the 15
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Health economics - The Primer This series of articles will introduce readers to the emerging field of health economics. We will review how health economics influence decision making process in health care and the basic tools used in health economics. * 1. The Role of Health Economics * 2. Cost of Health Care * 3. Should Oncologists Care About Cost-Effectiveness Analyses? * 4. Classification of Health Economic Analyses * 5. Health Economics Research: Cost Utility Analysis
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Economic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August‚ 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery‚ the potential that it will completely
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Economic System The 3 Types of Economic Systems - Centrally planned economy - Mixed economy - Market economy Centrally planned economy System in which a nation’s resources are owned by the government. Came from the ideology that the welfare of the group is more important than individual well being‚ the idea came from Karl Marx. The decline of Centrally planned economies was in the 1980’s nations began to dismantle communist central planning in favor of market based economy. Mixed economy
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WOMEN AND LEADERSHIP Leadership: A simple definition of leadership is that leadership is the art of motivating a group of people to act towards achieving a common goal. Put even more simply‚ the leader is the inspiration and director of the action. He or she is the person in the group that possesses the combination of personality and skills that makes others want to follow his or her direction. In business‚ leadership is welded to performance. Effective leaders are those who increase their companies‘
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Intro to Sociology Olatunde Merriman-Johnson 10/3/12 Economic Inequality The current level of economic inequality can be in fact considered acceptable. The word acceptable by definition is to be cable or worthy of being accepted; pleasing‚ satisfying‚ or agreeable by the receiver. And in that case‚ someone who is on the beneficial side of the inequality usually doesn’t have a problem with it. For example‚ if there was a rule that said all football players can skip the lunch line‚ majority
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