Certificate of Secondary Education ECONOMICS Paper 1 Multiple Choice May/June 2003 1 hour Additional Materials: Multiple Choice Answer Sheet Soft clean eraser Soft pencil (type B or HB is recommended) 0455/01 READ THESE INSTRUCTIONS FIRST Write in soft pencil. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. Write your name‚ Centre number and candidate number on the answer sheet in the spaces provided unless this has been done for you. There are forty questions on this
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Socio-economic factors The society we live in and the resources available to us affect our health. These include such factors as: • social class • employment • housing • income • education • accessibility of services • media • gender • culture • religion. Income and expenditure The economic resources that you or your family have can make a major difference to your quality of life. A person’s weekly income enables them to pay for their accommodation and to buy food and clothes. Income
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PF/2762 ECONOMIC DEVELOPMENT - A STRATEGY FOR NATIONAL SECURITY OF BANGLADESH INTRODUCTION 1. The post cold war era seemed to be indeed promising. The people found states with the aspirations of enhancing the individual and group security. Thus internal security is the prime responsibility of a nation state for the overall national security. “The former Soviet Union had to pay heavily for their ignorance of internal matters and giving priorities to ’Perestroica’ and other reforms”.[1]
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private good is non excludable in consumption 2 – redistribute income/ wealth 3 – affect behavior goods that have social implications tax revenue = price x quantity = tax price x tax quantity = tax rate x tax base Tax base > income‚ sales‚ property‚ capital gains/loses What is a good tax system? 1 – distribution of tax burden should be fair > tax equity 2 – tax system should improve the smallest excess burden and should minimize distortions to economic behavior > tax
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University Modular Framework Construction Economics [pic] Module Guide 2011/12 Module Tutor: Dr. Turker Bayrak Module Title: Construction Economics‚ LEM2030 Module Value: 1 (20 credits) at level 4 Rationale: This module aims to develop decision making skills by introducing economic principles that underpin construction industry. This module provides an insight into the ways in which the economic environment affects the construction industry. The module has been
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ECONOMICS ASSIGNMENT Glossary SA – South Africa GDP – Gross Domestic Product FDI – Foreign Direct Investment MBA 2013 January Intake 1 ECONOMICS ASSIGNMENT Question 1 Using appropriate diagram‚ illustrate and explain what has happened in the Chinese economy since 2005? What have been the year-on-year GDP growth rates and what‚ in your opinion‚ has led to this performance? What are some of the other economic problems China seems to be experiencing? Over the past three decades
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Economics of Strategy What are the distinctions among fixed costs‚ sunk costs‚ variable costs and marginal costs? Fixed costs‚ such as SG&A expenses‚ property taxes‚ remain constant as output increases; FC are invariant to output. Variable costs‚ such as labor and sales commissions‚ increases as output increases; VC are variant to output Sunk costs are costs that cannot be avoided; avoidable costs are its opposites; some sunk costs need not be fixed. Marginal costs is the incremental cost
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| Economic Activity Economics is concerned with humanity’s well being or welfare. It encompasses the social organization and the relationship involved in using scarce resources and available technology to satisfy seemingly unlimited human wants and in allocating those resources among diverse alternative wants. The key elements of economic activity are (1) human wants (2) resources‚ and (3) technology. Price theory
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ECONOMICS SUMMARY NOTES (From Rein‚ to you‚ prepared with loving care‚ but with scant concern for accuracy) 1. BUSINESS CYCLES The cycles from economic upswing (boom) to economic recession (Black et al.‚ Ch 19.3) A business cycle may or may not consist of the following 4 cycles (Roux): (i) Recovery Phase / Upswing • Building up of inventories / stocks in reaction to sales • Investment in capital goods (machinery‚ equipment) to satisfy increasing demand • An increase in employment • Greater
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high level of imports (including patents‚ royalties and other intangible inputs) and the very high level of repatriated profits.! The impact can be exaggerated and we can summarize it with three bullet points: import and inputs‚ transfer pricing and repatriation of profit.! Explanation: first‚ multinational corporations produce outputs (things). However‚ not all the raw materials or inputs are sourced in the Irish economy. These inputs would include physical inputs such as copper (good conductor)
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