Economics The economics course provides students with a basic foundation in the field of economics. The course has five sections: fundamental concepts‚ microeconomics‚ macroeconomics‚ international economics‚ and personal finance. In each area‚ students are introduced to major concepts and themes concerning that aspect of economics. Fundamental Economic Concepts SSEF1 The student will explain why limited productive resources and unlimited wants result in scarcity‚ opportunity
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Assignment Topic: Examine the social‚ economic and political effects of the slave trade on West Africa The trans- Atlantic slave trade was a system developed in the late 15th century which exploited and brought the African people into enslavement by transporting them to the colonies of the new world where they served their purpose as a ‘’cheap’’ labour force . As a result of this‚ the slave trade brought about many social‚ economic and political effects on West Africa. Firstly‚ the population
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* The Effects of the Triangular Trade I. Africa: 1. Depopulation: A. Males 15-25‚ who were the creative‚ productive‚ inventive & skilled segment of the population‚ were taken. = Less protection B. This was the group most likely to have children C. Wars and raiding caused death D. Africans started to migrate from their homelands and move from the coast to the interior E. Caused cultural damage
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Discuss the causes and effects of Economic Growth Economic Growth Before discussing the causes and effects of economic growth‚ I will define what economic growth actually is and distinguish between the two types of growth in the economy; actual and potential. On the whole‚ economic growth may be defined as ‘a long-run increase in an economy’s productive capacity and trend output’. The long-run output growth trend an economy achieves is indicated by the path of trend Gross Domestic Profit
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The Effects of Monetary Policy on the Economy Central banks are the national authorities responsible for providing currency and implementing monetary policy. Monetary policy is a set of actions through which the monetary authority determines the conditions under which it supplies the money that circulates in the economy. Monetary policy therefore has an effect on short-term interest rates. Setting monetary policy goals has been a defining issue for economists and public opinion since the consolidation
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Explain Why the Liberal Government introduced reforms affecting children in the years 1906-1908 (12) In the years 1906-08 the Liberal Government at that time introduced reforms that affected the children at the time; including the Children Act in 1908 that made parental neglect illegal‚ Education Act in 1906 that made free school meals available. There were a number of reasons at this time as to why these acts were introduced including fear of the Labour Party growth‚ the reports published
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macroeconomic policy on economic growth in Australia since 2008. In your response you should refer to the economic information provided. "It was always easy to predict that fiscal policy would come back into fashion just as soon as the economy dipped into recession. The politician who could resist the temptation to use the budget to stimulate the economy during recession has yet to be born. But there were two other‚ more economic arguments favouring greater reliance on fiscal policy which arose
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Social and Economic Effects of HIV/AIDS on Poverty in Africa Within the last thirty years‚ it has become well recognized that HIV/AIDS is a serious disease that takes many lives every year. However‚ we may not be getting the full story. What people don’t realize is the extreme social and economic effects that result from the spread of HIV in Africa. This should be a serious concern of every person of every country‚ not only because of the massive loss of life‚ but because of the danger posed by
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Above all other aims‚ it was certainly that of rapid industrialisation which was a key factor in the design of both Stalin’s major economic policies during the 1930s. It can therefore be argued that overall the policies employed were successful in that they did achieve their aims and pushed the USSR forward in industrialisation terms. However‚ the price paid for this rapidity was great‚ and so it is arguable that Stalin was still unsuccessful to a certain degree. As many historians – such as Medvedev
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Economic Effects of Oil Spills & Fluctuating Gas Prices in the United States of America Strayer University Spring Semester 2010 “Every area in the country is subject to some kind of disaster - flood‚ hurricane‚ earthquake‚ to name a few. Even man-made disasters - oil spill‚ civil unrest‚ fire - can devastate the surrounding neighborhood and economy. Even though an area has never been damaged before‚ there is no guarantee that it will not happen tomorrow.” ~Carol Chastang Oil spills not
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