Macro Economics - 11524 Words

Unit-1 Q1. Define micro and macro economics, Distinguish between them, and explain the scope, importance and its limitations Ans. modern economy analysis has been divided into two major branches that is micro and macro economics. Micro economics means the economics system which deals individual economics unit on the other hand macro economics means the economics unit which deals aggregate as a whole that is national income, general employment, and total out –put, general price level etc. These two concepts first time used by PROF.R.FRISCH of Oslo university in 1933. But ,later on these two concepts systematically explained by J.M.Keynes in his famous book â€Å"General theory of employment,interst and money†. Distinguish between micro and macro†¦show more content†¦Macro-economic enables us to take certain steps to counter attack the adverse influences of inflation and deflation. g) Study of national income: it is the study of macro-economic which has brought forward the importance of study of national income and social accounts. With help of national income we are in a position to know which country is developed and which is not. Again, with help of the national income correct economic policies been formulated. h) Performance of an economy: macro-economic helps us to understand and analysis helps us to understand and analyses the performance of an economy. It implies result oriented study of an economy in terms of actual and factual achievements. i) Nature of material welfare: macroeconomic enables us to study the nature and size of the material welfare of the nations, the problem of measuring the social welfare is not easy, even welfare economy does not help us at that time , w e take the help of macro economics. Limitations of macro economics: Macro-economic analysis is very useful in studying the national problems that is – the problems related to the whole economy but there are certain limitations too, these limitations are in the nature of particle difficulties in formulating meaningful aggregates. The main limitations are: a) False generalization b) Difficulties in measuring the aggregates c) Diversities a) False generalization: The aggregate approach draws theShow MoreRelatedEcon Macro Economics1987 Words   |  8 PagesChapter 1: Page 20; Questions - 4, 7, 9, 10, 11   4) What are the key elements of the scientific method and how does this method relate to economic principles and laws? The key elements of the scientific method are the observation of real world behavior and outcomes. Based on those observations, formulating a possible explanation of cause and effect which is a hypothesis. Next, testing this explanation by comparing the outcomes of specific events to the outcome predicted by the hypothesis. Then, acceptingRead MoreMacro Micro Economics2304 Words   |  10 Pagesâ€Å"Economics has never been a science - and it is even less now than a few years ago.†Ã¢â‚¬ ¦Paul Samuelson INTRODUCTION Economics  is the  social science  that analyzes the  production,  distribution, and  consumption  of  goods  and  services. A focus of the subject is how  economic agents  behave or interact and how  economies  work. A given economy is the result of a process that involves its  technological evolution,  history  and  social organization, as well as its  geography,  natural resource endowment, and  ecologyRead MoreExamples of Macro and Micro Economics840 Words   |  4 Pages?Economics is a social science that mainly focuses on different fields of knowledge dealing with the proper distribution, allotment, production and consumption of resources. Economics has been divided into two significant branches; one of it being the microeconomics and the other one being the macroeconomics. Microeconomics can be easily understood through the term micro itself which means small, microeconomics focuses on small level that is to say it includes areas of individual decision makingRead MoreMacro Economics Practice Exam2085 Words   |  9 PagesQuestion 1 (Essay Worth 15 points) Exchange Rates | Year | U.S. Dollar | South Korean Won | Malaysian Ringgits | Indonesian Rupiahs | 2008 | 1 | 9,046 | 3.49 | 9,022 | 2009 | 1 | 9,046 | 3.78 | 9,087 | 2010 | 1 | 8,995 | 3.65 | 9,144 | a. Given the change in the value of the dollar between 2008 and 2009, as indicated in the table above, describe the effects this will have on United States tourism in each of these countries. b. Explain what impact the change in the valueRead MoreDifference Between Micro And Macro Economics895 Words   |  4 Pages1. What is the difference between micro and macro economics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. If you look at the definition of the word micro, some words that come to mind are small and extremely tiny. Therefore, we can look at microeconomics as dealing with small quantities of the whole or specifics. At this end, microeconomics deals with things at an individual level and studies issues such as consumer behavior, individual labor market and supplyRead MoreThe Effect of Macro Economic Policy on Nigerian Economics Growth and Development6051 Words   |  25 PagesEFFECT OF MACRO ECONOMIC POLICY ON NIGERIAN ECONOMICS GROWTH AND DEVELOPMENT ABSTRACT This research work focus on the appraisal of Macroeconomic Policy on Inflation in Nigerian Economy, also to determine how it enhances the growth of Nigerian Economy. The aim of this research work is to look into challenges and numbers of hypothesis were drawn. Information necessary to address the test of hypothesis was gathered through secondary data, source from Central Bank of Nigeria (CBN). Economic analysisRead MoreEssay on Macro-Economic Factors that Affect a Business481 Words   |  2 PagesMacro-Economic Factors that Affect a Business There are macro-economic factors which affect a business and there implications need to be considered when planning ahead. The interest rate is the basically the cost of borrowing, the price of money. If money is borrowed it is the percentage over and above the original loan that has to be paid back. The interest rate is a vital tool of economic management for the government. Adjusting the interest rate is a key partRead MoreMacro and Micro Economic Factors that Influence Plant Activity1309 Words   |  6 PagesThis paper will first discuss factors that describe and analyze the macro- and micro-economic factors that could directly or indirectly influence plant operations here at ABC Complete Kitchens. Next, it will explain legal considerations that our organization must be prepared for, which are also relative to obtaining credit, having reliable market conditions, and avoiding product liability Capital Investment One of the most important concerns to our organization is capital investment. By investingRead MoreMacro Economic Objective on the Health of the Economy of Trinidad and Tobago954 Words   |  4 Pagestitle: a macro economic analysis on the health of the economy of trinidad amp; tobago methodology employed: Data for the economy of Trinidad and Tobago was collected from the CSO (Central Statistical Office) Information was collected for the period (1995- 2005) in the areas of economic growth as represented by changes in GDP (Gross Domestic Product) as well as GNP (Gross National Product), unemployment, inflation and the balance of payments. This data was then evaluated and analysedRead MoreBusiness Cycles Macro Economic Conditions And Its Impact Towards The Country1396 Words   |  6 Pages Economics for Business Essay Question Lecture Name - Maruf Mostafa Student Name - Wastu Kankanamalage Gayani Chathurangi Maithripala Student ID – 11621711 Word Count – 1000 Introduction This essay will mainly focus, discussing business cycles in macro-economic conditions and their impact towards the country. The first part of the essay will describe different economic conditions within the macro-economic such as an economy boom and recession. The argument will bring out some definitions

A Research Study Of Marias Eating - 1769 Words

1. As described in the case study, Maria’s eating can be described as someone diagnosed with relative energy deficiency in sports (RED-S). Moreover, Maria’s eating behaviors describes her as having relative energy deficiency because her energy output exceeds her energy input, meaning that she is consuming an inadequate amount of energy to support the range of body functions involved in optimal health. Furthermore, some physical symptoms of relative energy deficiency that she presents are fatigue, lack of concentration, and dry skin, which match some of the criteria for energy deficiency in RED-S. Further, she is also showing signs of increased concern about eating healthy, and her body weight, which has caused Maria to isolate herself from other people whenever she eats and experiment with restrictive eating. In addition, another indicator that suggests Maria has relative energy deficiency is that her blood pressure is low, which is an indication of low blood glucose l evels because of not enough glucose being provided through the diet to give rise to blood glucose levels.. As well as low blood pressure, the fact that Maria used to have anorexia nervosa, is another reason that she can possibly have RED-S even though she recovered from it. Previously having anorexia nervosa increases her chances of having RED-S even more because she can possibly fall into old habits again. 2. Maria’s dance, social, home, and school environment have legitimized her eating behaviors becauseShow MoreRelatedIntervention : A Therapeutic Intervention Essay1710 Words   |  7 PagesIntervention Maria’s presenting problem involves coming out as a lesbian to her homophobic extended family members. This client’s inability to comfortably come out calls for an approach that is not only goal-oriented in nature, but simultaneously culturally component in its approach to minorities. Solution-focused brief therapy is a therapeutic intervention that emphasizes formulating solution strategies for an individual’s problems opposed to discussing the origin of the problems themselves (deRead MoreWe Must Stop The Meat And Poultry2069 Words   |  9 Pagescasualties, though the only reason why industries are keeping shut is because none of them do not want to be sued by someone who recently got sick or had a family member die from eating their products. The industries know exactly what the public is ingesting which is disturbing because the industries are killing us slowly just by eating the same food every day. Everyone goes grocery shopping and we tend to spend a wh ole amount of money towards food, especially if you’re grocery shopping at Whole Foods comparedRead MoreAre Meal Replacement Shakes a Healthier Alternative?1144 Words   |  5 Pagesare passed on from generation to generation. Eating habits have become a greater problem over the years. Not only is there more obese adults, but an increase in child obesity. Dietary supplements of any sort would not be relevant if one’s own health is controlled from the being and that includes both childhood and parenting. Parent cannot always observe what children eat outside their homes. Elva Arredondo writes an article on the affects of parents eating styles and disciplinary actions reflects onRead MoreCase Studies Essay2792 Words   |  12 PagesCASE STUDIES Submitted for course SSC 130 Essentials of Psychology February 20, 2013 Assignment number 05020600 THE CASE STUDY OF: THE FALLEN ATHLETE (P.79) 1. In the story,† The right side of Tim’s body was paralyzed and he was having great difficulty trying to talk†. Thus, it suggests that the left hemisphere of Tim’s brain suffered during his stroke, because language processing occur more in the left side if the brain. In general, the left hemisphere concentratesRead MoreEssay on Attachment Styles and Eating Disorders1833 Words   |  8 PagesAttachment Styles and Eating Disorders There have been many studies over the years regarding attachment styles and eating disorders. This is due to the incidence of eating disorders increasing in numbers among young women in industrialized countries. This rise has been seen in the last three decades. Eating disorders are prevalent among young women but also include some young men as well. The studies used for this review pertained to women only. Researchers have demonstrated the correlationRead MoreNest in the Wind Essay2731 Words   |  11 Pagesnature of Ward’s study on Pohnpei? a. how matrilineal descent changed to patrilineal even before modernization. b. how fish and other ocean foods took over the diet, which lead to rising mercury levels. c. an investigation of how women were able to control the political strings on Pohnpei. d. how it is possible that religious beliefs on Pohnpei have changed so little. e. none of the above 3. Why were the results of the Navy ship Whidby important to their research? a. they providedRead MoreThe Portinari Altarpiece by Hugo Van Der Goes Essay2029 Words   |  9 Pagesindicated or the disparity may suggest technical issues. Analysis has revealed that Tommaso’s portrait was painted separately and inserted later, requiring reduction in head and thorax sizes of the other donors, which resulted in disproportions and Maria’s strained facial expression. Maria Baroncelli with their daughter Margherita, and Saints, Margaret and Mary Magdelene are depicted in front of a crumbling wall in the right panel (figure 3). Mary Magdalene at the lateral edge plays a key roleRead More Tamales: History, Regional Differences, and Family Cultural Interpretations 5900 Words   |  24 Pagescommunity† (Sacks 275). For most people in the 21st century, tradition only reveals itself during special times or certain seasons. For others it is simply a way of life. The foodways of Mexicans and Native Americans are of particular interest in this study because of the food that grew from necessity and is maintained as sacred or reserved for only special occasions. The tamale is one such food. Significantly changed and altered throughout history it has remained a food of commonality and prestigeRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 PagesThe ________ process consists of analyzing marketing opportunities, selecting target markets, designing marketing strategies, developing marketing programs, and managing the marketing effort. A) marketing planning B) strategic planning C) market research D) opportunity analysis E) operational management Answer: A Page Ref: 15 Objective: 4 Difficulty: Moderate 47) Kotler and Casoline suggested eight factors that marketers must keep in mind in order to deal with risk and uncertainty. WhichRead MoreCoaching Salespeople Into Sales Champions110684 Words   |  443 PagesChampions, Keith once again addresses ‘real world’ skills for both sales managers and salespeople. Simply put: If you want your salespeople to have the same laserfocused intensity that my sales team now has, I suggest you not only read this book, but study it and implement it!’’ Michael B. Kirven, CEO of Bluewolf Coaching Salespeople into Sales Champions A Tactical Playbook for Managers and Executives Keith Rosen, MCC John Wiley Sons, Inc. Copyright # 2008 by Keith Rosen. All rights

Reduce stress Free Essays

There have various way to reduce stress such as listen to music , exercises regularly and have a good relationship with other people. Topic sentence 1 : Firstly, listen to music can reduce stress. Supporting details 1 : different person have different favorite music genre, but the most effective in other to reduce stress is listen to slow and classic music. We will write a custom essay sample on Reduce stress or any similar topic only for you Order Now Supporting details 2 : furthermore, music can lowering blood pressure, and decreasing the levels of stress hormones. Supporting details 3 : Listening to music can relieve depression and increase self-esteem ratings in elderly people. Topic sentence 2 : secondly, exercises regularly can reduce stress Supporting details 1 : in other to reduce stress need to have exercises at lease 3 days a week, when done exercises, sweats release with negative energy from our body and keep our mind in balance. Supporting details 2 : Otherwise, exercises can keep our body healthy and away from diseased. Supporting details 3 : to avoid feel boring with the same activity we can change our regular exercise from gimnasium to swimming, dancing, cycling, playing badminton or other extreme sports like wall climbing, and jugle tracking. Topic sentence 3 : finally, have a good relationship with other people Supporting details 1 : get to know about our friends and be socialized. Supporting details 2 : have a good sense of humor and sometimes make jokes with friends in office. Supporting details 3 : must have at least one best friend that can express any problems, always make parents as the best person to find any problem solve because they always know the best for us. How to cite Reduce stress, Papers

Business Communication for Citizenship - MyAssignmenthelp.com

Question: Discuss about theBusiness Communicationfor Citizenship. Answer: Introduction Individuals are bound to abide by certain ethics for surviving within the society. These ethics judge the personality of the person, which proves beneficial for in the future life. Speculation of the issue from the business perspective, abiding by the ethics reflects the attempt to preserve the organizational values (Jondle, Ardichvili Mitchell, 2014). Viewing it from other perspective, ethical Considerations help the business personnel, especially the managers to set a good example for the employees in terms of Communication. This report, through the example of a newspaper article, provides an insight into the business ethics, which maintains the stability between the organizations and their associate partners. Article Review on Ethical Issues of Woolworths In an age of competition, reputed retailer like Woolworths is undergoing a fate, where the employees are losing their jobs. Indulging in joint ventures with the media personnel reflects the intensity of the issue, which has stained the reputational status. Outpouring of the encountered experience by the manager can be considered as a confession for inferior quality management (Bbc.co.uk, 2017). The issue of poor management is a violation of the norms, which the business personnel are bound to follow. The selection of adherence and compliance to law holds equal importance in the Current business sphere, where the personnel are only concerned about winning the Competitive rat race. This projects the selfish side of the personnel, which aligns with the characteristics of business officials. The declaration of news releases projects the helpless condition of the Company during the intense crisis period. Achievement of negative outcomes from the Human Resource department compels the manager to knock the doors of the media in search of financial aid and assistance (Bbc.co.uk, 2017). In such a situation, pressurizing the employees to work for more hours is an unjustifiable command, which highlights the Hitler like characteristics of the higher authorities of Woolworths. This characteristic shade acts as a deviation from the usual conventions of business ethics. Herein lays the appropriateness of the quotation, Is this treating a workforce in crisis with dignity and respect? Moreover, the character of the administrative authorities in this context can be correlated with the act of carelessness towards the preservation of the Core organizational values (Crane Matten, 2016). This situation made the employees of Woolworths independent. Typical examples are closing the door, which helped the staffs to reflect on the alternative ways and means of carrying out the business procedures (Hartman et al., 2014). The lack of communication between the employees and the staffs destroys the employment purpose for the Woolworths. The adjective cunning might be an intentional approach towards violating the ethics for clearing off the remaining stock (Bbc.co.uk, 2017). Remaining tight lips in terms of firing the employees is the biggest mistake. Instead if the employees were trained by the managers, the communication gaps would have been filled. According to Kim Krishna, (2017), lack of oriental approach in this context reflects the unwillingness towards restoration of normalcy. Maintenance of consistency in this context questions the longevity of the company and the success it has achieved in the past. Conclusion This report has proved successful in providing an insight into the business ethics, around which the personnel are trapped for luring the buyers. The case of Woolworths acts as a live example for the contemporary brands in terms of preserving the core organizational values. Violation of the ethical considerations would strand the company in a lone island, devoid of basic necessities for carrying out the business activities. References https://news.bbc.co.uk/2/hi/talking_point/7788729.stm Bbc.co.uk (2017). Woolworths: Your stories. Retrieved 22nd May 2017 from https://news.bbc.co.uk/2/hi/talking_point/7788729.stm Crane, A., Matten, D. (2016).Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Hartman, L. P., DesJardins, J. R., MacDonald, C., Hartman, L. P. (2014).Business ethics: Decision making for personal integrity and social responsibility. New York: McGraw-Hill. Jondle, D., Ardichvili, A., Mitchell, J. (2014). Modeling ethical business culture: Development of the ethical business culture survey and its use to validate the CEBC model of ethical business culture.Journal of Business Ethics,119(1), 29-43. Kim, S., Krishna, A. (2017). Communication or action? Strategies fostering ethical organizational conduct and relational outcomes.Public Relations Review.