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Behavioural Economics
Behavioural Economics
Introduction
Behavioural economics deals with the number of approaches that go on to understand the behaviour of the consumers in a more accurate manner as compared to the predictions linked with the traditional economic theory. The basis of the traditional economics is the assumption that people tend to act ...
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BEIGE BOOK
Beige Book
Beige Book eight times a year
Current economic conditions
The Beige Book is intended to provide a broad overview of the economy, taking many variables and indicators into account. The Central Bank examines issues such as labor market pressures on wages and prices, the activity of the retail ...
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Case Study: What powers Electricité de France?
Case Study: What powers Electricité de France?
Electricité de France is virtually a state- owned company. What other examples exist of public sector organizations pursuing a direct interest in international business?
As the name suggests, a state owned company is a public sector organiztions overlook and ...
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ALCOHOL CONSUMPTION
Pricing and Alcohol Consumption
Pricing and Alcohol Consumption
Introduction
Alcohol is a culturally acceptable, legal drug that is part of the lives of many men and women. However, alcohol dependency can occur when alcohol is consumed on a continued basis in spite of negative consequences to one's overall health and well-being. ...
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Macro-Economic Indicators
GDP
Questions:
1. Assume that consumer spending is $1,000, government expenditures are $300, investments by industry are $150, and the excess of exports over imports is $200. Compute the GDP. (Please show your work)
Answer
Y = I + C + G + E
Where
Y = GDP
I = Investment made by industry
C = ...
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GLOBALIZATION Globalization of the Economy
Globalization of the Economy
Introduction
Globalization means increased interconnectedness, the expansion and deepening of various social, economic and political, the growing interdependence of all societies together, promoted by increased financial flows, financial and communications. Globalization has benefited from the explosive development of two sectors, considered ...
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ECONOMICS
Economic Development of Africa-Question
Economic Development of Africa-Question
Introduction
The virus of HIV is specifically contented where poverty and wealth co-exist; it prospers on disparity (Bujra, 2004, p.1). Where, Sub-Saharan Africa has shown seemingly inexorable development of AIDS epidemic, and this epidemic is said to be linked with poverty that ...
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UK HOUSING ECONOMICS
UK Housing Economics
UK Housing Economics
Introduction
The United Kingdom enjoyed serious property boom for over a decade. The property boom slowed down when the economic melt down commenced in 2008. During the boom years the value of property in the United Kingdom soared, and in some cases the value of ...
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Exchange Rate Risk Hedging
Exchange Rate Risk Hedging
Introduction
Exchange rate management is among the primary tools that are used by firms that have a diverse international portfolio and want to manage their foreign currency exposure (Latter 1996, p5). The strategies that are used in order to decrease or eliminate the currency risk ...
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EUROPEAN DEBT CRISIS
Are Global or Domestic Factors To Blame For The Origins and Spread of The Sovereign Debt Crisis In The Eurozone?
Are Global or Domestic Factors To Blame For The Origins and Spread of The Sovereign Debt Crisis In The Eurozone?
European Sovereign Debt Crisis
The euro officially came into force on ...