Introduction to macroeconomics (0)

Lõik failist

Sarnased õppematerjalid

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Gross domestic product

Gross Domestic Product (GDP) The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country's overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living, alternative measures to GDP for that purpose. · Gross domestic product comes under the heading of national accounts, which is a subject in macroeconomics. Gross National Product Gross national product (GNP), in economics, a quantitative measure of a nation's total economic activity, generally assessed yearly or quarterly. The GNP equals the gross domestic product plus income earned by domestic residents through foreign investments minus the income earned by foreign investors in the domestic market. Gross Domestic Product

Micro_macro ökonoomika

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Economic Country Review

Economic Country Review: Finland, Estonia and Hungary Girli Vasiljev Report Business Economics, RB1X 06.05.2012  Abstract 06.05.2012 Experience and Wellness management Author Group Girli Vasiljev RB1X Title of report Number of pages Economic Country Review: Finland, Estonia 20 and Hungary Teacher Kalevi Torunen

Majandusanalüüs

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The cost of production

Costs Costs are incurred as a result of production. The important concept of cost is opportunity cost (marginal cost). These are the costs associated with an activity. · When inputs or resources are used to produce one good, the other goods they could have been used to produce are sacrificed. Economic Cost: the monetary value of all inputs used in a particular activity or enterprise over a given period. Economic costs reflect the opportunity cost of resources. Costs may be in real or monetary terms; - implicit costs - explicit costs Explicit Costs: paid directly in money - money costs.  - A firm incurs explicit costs when it pays for a factor of production at the same time it uses it. Explicit Cost = payments by a firm to purchase the service of productive resources (wages, interest, rent, capital) Explicit Costs

Micro_macro ökonoomika

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Business peciliarities in Ukraine and Bealrus

Ukraine; even Moldova and Turkmenistan, generally regarded as very poor Soviet republics, were ahead of Ukraine. Ukraine's economy contracted annually between 9.7 and 22.7 percent in 1991­1996. The country experienced hyperinflation and an exceptionally huge production decline for a country not ravaged by a major war. Official GDP collapsed by almost half from 1990 to 1994, and slow decline continued throughout the decade. Economic growth would not resume again until 2000. The budget deficit was, at 14.4 percent of GDP, exceptionally large. Barter and the use of surrogate moneys and foreign currencies prevailed. Ukraine had introduced a sovereign currency, the Hryvnia, but it was little used. A shadow economy swelled and compensated for an unknown share of the economic collapse. 2001-2008 Between 2001 and 2008, the Ukrainian economy picked up significantly. Many of Ukraine's

Inglise keel

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CRITISIM ABOUT IMF AND WORLD BANK

....................... 5 Ecuador.................................................................................................................. 6 Summary................................................................................................................ 8 Bibliography......................................................................................................... 10 2  Introduction. Years ago countries didn’t depend so much on imports and also on export. World has so many organizations controlling countries economics like WTO, The European Union, OPEC, NAFTA, ASEAN, APEC, MERCOSUR, CEEAC, IMF, World Bank and so on. Nowadays because of globalization there are large corporations like Apple, Gazprom and Allianz who rules the world and control the economic outcome with big organizations that are roled by influencial countries like China and USA.

Inglise keel

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„International Ecomomics“ by Hendrik Van den Berg

resume Kuressaare 2018 Some people choose for a resume book about something else than ecomoic. Its realy easier ofcours. I wrote to the Defence Forces library and asked to send me something about economi. Well , I got „International Economics“ by Hendrik Van den Berg. We had to read 100 pages. So I did. What I remmember about from 100 pages economics? There were a lot interesting what I didnt know before. It all started about U.S Economics. U. S Economy does not appear to be „globaal“ if look at its ratio of tarded otuput to GDP (Gross Domestic product, which is the total value added of production that occurs within a country-s borders, regardless of who owns the factors of production used in the production process.)U.S exports and imports only about 10% of its national output and consumption Services are difficult

Majandus

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European Union Exam

European Union Exam 1949 France, UK and the Benelux countries decide to set in place a Council of Europe. 1951 Treaty of Paris signed by the Six (Belgium, France, Germany, Italy, Luxembourg, Netherlands), establishing the European Coal and Steel Community (ECSC). 1957 Treaties of Rome establish the European Economic Community (EEC) and the European Atomic Energy Community (Euratom). 1959 July, seven countries of the Organisation for European Economic Co- operation (OEEC) – Austria, Denmark, Norway, Portugal, Sweden, Switzerland and the UK – decide to establish a European Free Trade Association (EFTA). 1960 Creation of European Free Trade Association 1961 UK applies to join the Community. 1962 The Parliamentary Assembly changes its name to the European Parliament. 1965 The Treaty merging the executives of the three Communities (ECSC, EEC, Euratom) is signed in Brussels; enters into force on July 1, 1967. Empty chair crisis 1966

Euroopa liidu põhikursus

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Public Administration and Innovation

They approach innovation in its broadest sense, including both new technologies and new ways of doing things” – (Porter 1990) ● “An innovative business is one which lives and breathes “outside the box”. It is not just good ideas, it is a combination of good ideas, motivated staff and an instinctive understanding of what your customer wants” – (Branson 1998) ● “...novel implementation of an invention, discovery, new or existing knowledge in economic process” (Joseph A. Schumpeter) ● An innovation is the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations” (Oslo Manual). Innovation and entrepreneurship Schumpeter on innovation: the role of inventions and entrepreneurs ● Innovation as “new combinations” of existing

Public Administration

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