Macroeconomics Basic economics concepts Basic economics problems Production possibilities curve INTRODUCTION Economics is one of the oldest disciplines among the humanities and is categorized as a social science. Economics examines and analyses the economic activity of people in order to satisfy their needs and desires. Human wants are the starting point of economic activity and provide the basis for economics. Generally‚ economics deals with the economic problems of individuals
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What Makes a Good Entrepreneur? The terms entrepreneur‚ manager and owner are very much in meaning yet exhibit different representations of business people who are present at the top management. Entrepreneur is a person who sets up a new organization or enterprise and accounts for accountability on his part of the risks that could come onto his shoulders for one reason or the other. When the discussion is of the for-profit organizations‚ the entrepreneur term replaces itself with founder. (Versi
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The airline industry has developed immensely over the past few decades with aircraft being a major mode of transport for the mass movement of people. This is down to entrepreneurs such as Herb Kelleher‚ Michael O’Leary‚ Freddie Laker and Richard Branson who have all contributed in the growth of the industry and made it into the multi-billion pound industry that it is at present. There are four types of flights that make up the airline industry as a whole; Scheduled‚ Charter‚ Low Cost and Freight
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What is Inclusive Growth? February 10‚ 2009 The purpose of this note is to define the meaning of the term ‘inclusive’ growth. It is often used interchangeably with a suite of other terms‚ including ‘broad-based growth’‚ ‘shared growth’‚ and ‘pro-poor growth’. The paper clarifies the distinctions between these terms as well as highlights similarities. The paper argues that inclusive growth analytics has a distinct character focusing on both the pace and pattern of growth. Traditionally‚ poverty
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for the Study of Insurance Economics 1018-5895/10 www.palgrave-journals.com/gpp/ Insurance Development and Economic Growth* Liyan Hana‚ Donghui Lib‚ Fariborz Moshirianb and Yanhui Tiana a School of Economics & Management‚ Beihang University‚ Beijing‚ China. School of Banking and Finance‚ The University of New South Wales‚ Sydney‚ Australia. E-mail: donghui@unsw.edu.au b This paper investigates the relationship between insurance development and economic growth by employing GMM models
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Biography Name: Manuel V. Pangilinan Also known as: Manny Pangilinan or MVP Birthday: July 14‚ 1946 Age: 68 yrs. old Place of Birth: Manila‚ Philippines School Attended: Elementary and High School‚ San Beda College Bachelor of Arts degree in Economics (cum laude)‚ Ateneo de Manila University MBA degree‚ Wharton School of Finance and Commerce at the University of Pennsylvania (1968) Father: Mr. Dominador Pangilinan Net worth as of July 2013 P4.5 billion Family background Manuel V. Pangilinan
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What factors might contribute to a low or high growth rates in a country? There are three categories of factors that contribute to a low or high growth rates. These categories are the demand factor‚ the efficiency factor‚ and supply factors. Government spending or exports can lead to a higher to aggregate demand and higher economic growth. “Economic growth requires increases in total spending to realize the output gain made available by increased production capacity” (McConnell‚ 2012‚ p. 513)
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THE CHARACTERISTICS OF SUCCESFUL NIGERIAN WOMEN ENTREPRENEURS BY DR. S. L. ADEYEMI DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ILORIN‚ ILORIN Abstract The ami of the study is to describe the characteristics of Nigerian Women Entrepreneurs who have been successful in their business ventures. This paper attempts to understand who these successful women are and what are their trademarks for success. A questionnaire survey was employed for this study. Result are drawn from 75 respondents who
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Gerry Conway was the classic American entrepreneur - visionary‚ charismatic‚ driven‚ impatient‚ and impending. Born in Cleveland in 1931‚ Conway was the ninth of 13 children. His love of the retail environment‚ his strong interdependence‚ and his deep appreciation of people appreciation of people stemmed from his childhood experience: claiming that he has been in retail for over 60 years‚ working at some of his fathers 200 food stores. After college‚ Conway and his wife‚ Marty‚ returned to
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2012. The effects of this population increase are evident in the increasing poverty‚ unemployment‚ air and water pollution‚ shortage of food‚ health resources and educational resources. With India as an example we will discuss Malthus‚ the population growth theory and see if Malthus theory was maybe mistaken in the past but has some valid aspects today. Thomas Malthus was an English priest and economist who lived during the late 18th Century. He is famous for his theories about population and its increase
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