Summary of Macroeconomics Lectures for MBA 1st Year‚ VGSoM‚ IIT Kharagpur Course coordinator – Dr. Barnali Nag Lecture #4 (Unemployment) 1. The natural rate of unemployment definition: the long-run average or “steady state” rate of unemployment depends on the rates of job separation and job finding 2. Frictional unemployment due to the time it takes to match workers with jobs may be increased by unemployment insurance 3. Structural unemployment results from wage rigidity: the real wage
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Macroeconomic Forecast Pfizer‚ Inc. March 14‚ 2005 Abstract This paper is a Macroeconomic Forecast Outline of Pfizer‚ Inc. This outline will identify main economic indicators for Pfizer as a business entity and as a representative of pharmaceutical industry. This paper will identify sources of various data collected based on economical activity and relationships between different economical indicators. Main Economic Indicators The purpose of economic indicators is to provide for researchers
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Current Events Summary ECON 220: Macroeconomics Poverty across America is continuing to increase throughout suburbs faster than anywhere else in the United States. Currently‚ there are almost 16.4 million suburban residents who reside below the poverty line. The latest Census figures available‚ in 2011‚ showed that the poverty line for a family of four was just over $23‚000 (Luhby‚ 2013‚ para. 3). The number of suburban residents below the poverty line is roughly 3 million more than those residing
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Name ________________________________________________ ECON 2101 - Principles of Macroeconomics‚ Spring 2009 - Test 1 VERSION B KEY Multiple Choice (2.5 points each) Choose the response that best answers the question or completes the statement. Make sure you put all of your responses on the opscan form. 1. Suppose that a more efficient way to produce a good is discovered‚ thus lowering production costs for the good‚ ceteris paribus. This will cause a(n): a) Increase in quantity supplied
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Nucor Corporation in 2001: Pursuing Growth in a Troubled Steel Industry Table of Contents Introduction 3 Nucor’s History 3 Current Strategy and Future Expectation 4 Analysis and evaluation 4 Dominant Economic Characteristics of the Steel Industry Environment 4 Competition analysis in the Steel Industry 5 SWOT Analysis 6 Recommendations 9 Introduction Nucor’s History Nucor Corporation is the second-largest steel producer in the United States and has had net sales of $4.6
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with people and it also provides people with the ability to download entertainment from online sources and no longer be limited to the selection provided by the airline. Due to the nature of the Airline industry‚ at the core level it can be viewed as a generic offering across the industry. This resulting in airlines often creating a differentiation strategy‚ in order to gain a competitive advantage as they seek to increase the value of the product/service on offer to the consumer (Hooley et al
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LUCKY BHAVINI B.COM(H)III-E ROLL NO.-247 GROUP NO.-E27 EIC ANALYSIS OF TATA STEEL ECONOMIC ANALYSIS: * The Financial market in the last 12 months has been volatile triggered by the subprime mortgage crisis in the US. This has adversely affected the liquidity and the risk perception of the international capital markets. Inflation has increased around the World boosted by mainly increase in food and energy prices. The real effective exchange rate for the US
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| INTRODUCTION TO ECONOMETRICS | Macroeconomic Indicators | | Abstract The purpose of this report is to identify whether a relationship exists between macroeconomic variables and stock exchange returns in the Pakistani capital market. The techniques of multiple linear regression will be applied to understand if there is indeed a link between the two. The time series data being analyzed is on a monthly basis and spans from January 2003 to January 2009. The indicators taken as the independent
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ECO/372 Macroeconomic Terms and Concepts Macroeconomics study’s the overall level of production in the economy. “Economists assess the success of an economy’s overall performance by studying how it could achieve high rates of output and consumption growth” (Macroeconomics‚ 2008‚ para. 5). In the following paragraphs‚ various aspects of macroeconomics will be analyzed. First‚ the United States (U.S.) functions as a market economy and is affected by fluctuations in production output levels
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Mittal Steal in 2006: Changing the Global Steel Game Industry Analysis Although steel was a highly demanded good‚ the industry as a whole was largely unprofitable. One reason for this was that the industry remained highly fragmented in contrast to their suppliers and even some of their buyers‚ who were considerably more consolidated. Aside from the increased competition that fragmentation contributed to‚ it also degraded the steal industry’s bargaining power to raw material suppliers and in some
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