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Business block B: December 2009
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Speak little, do much. Wednesday, 2 December 2009. Tim Harford - - How to lie with Economic Statistics. He's first book, “ The Undercover Economist. 8221; had a good sale which is nearly one million copies worldwide in almost 30 languages. His second book, “ The Logic of Life. 8220;, was published early in 2008 in English, and been translated. Explaining the huge rise in teen oral sex. He discussed and made explanation for this. For example Teenagers would have less risky sex if the cost of risky sex...
umidbekef.blogspot.com
Business block B: October 2009
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Speak little, do much. Saturday, 24 October 2009. Why Don't Prices Decline During A Recession? Tuesday, 20 October 2009. Economies of scale HW. The idea of economies of scale is that the more you produce, the cheaper becomes the product you have produced. And the the cost of production increases when there are massive amount of supply. Producing becomes expensive. And here is the graph:. Long run is the average cost of producing, whatever you make: shoes, drugs, food. As you can see when we pass the tech...
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Business block B: If the government borrows a lot of money, what will this do to interest rates?
http://umidbekef.blogspot.com/2009/11/if-government-borrows-lot-of-money-what.html
Speak little, do much. Sunday, 22 November 2009. If the government borrows a lot of money, what will this do to interest rates? And here is the graph: it shows aggregate demand shifting left because interest rates had mount. As Chris Told, Change in interest rates will have an impact on Unemployment, inflation, Exchange rates. All this macro economic stuff. And then The effect on inflation causes more problems, savings, etc. And then Wages, cost of production. 22 November 2009 at 13:57.
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Business block B: Making money from crisis
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Speak little, do much. Monday, 9 November 2009. Making money from crisis. Today i wanna talk about crisis. We know that crisis effects everyone accept children. Crisis occurs abruptly, it's like a wind. Wind comes and damages the tree leafs. And the tree leafs fall. The crisis is exactly the same. It comes suddenly and and a person standing in high position suddenly falls, mostly it effects banks. But if you are wise enough! 260 thousand dollars of profit. Also here is a source. Tom's EF Economics Blog.
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Business block B: Chapter 5(summary)
http://umidbekef.blogspot.com/2010/01/chapter-5summary.html
Speak little, do much. Sunday, 17 January 2010. To find out how well an economy is performing, there are certain indicators that economist examine. One of the most significant of these is economic growth. Actual economics growth is said to occur when an economy increases it’s output. Long run, economic growth takes place when the productive capacity of an economy increases. Balance of payments. This is record of country’s transactions with the rest of the world. Balance of payment(international trade).
umidbekef.blogspot.com
Business block B: Chapter 6 ( summary)
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Speak little, do much. Monday, 18 January 2010. Chapter 6 ( summary). The nature of fiscal policy. Government may want to influence AD in order to make it match AS and so to avoid unemployment and inflation. If private sector demand (C I (x-m) is low government may try to increase AD, but if AD is high, government may try to reduce it. Government is seeking to create greater economic stability by offsetting changes in private sector spending. To achieve this objective, a government can use. Budget provid...
umidbekef.blogspot.com
Business block B: September 2009
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Speak little, do much. Wednesday, 30 September 2009. EF Workshop 2 Demand and Supply. I know it's not and ideal graph, but at least i tried). So this is our question:. The market for petrol. A) A rise in the cost of refining petrol H. B) A fall in bus and train fares B. C) A fall in the price of crude oil and an increase in the price of cars E. D) A rise in tax on petrol and a reduction in tax on cars A. If one of my answers are wrong, comment please). Today i have realized that i need more knowledge, be...
umidbekef.blogspot.com
Business block B: Chapter 4(summary)
http://umidbekef.blogspot.com/2010/01/chapter-4summary_17.html
Speak little, do much. Sunday, 17 January 2010. CHAPTER 4 AGGREGATE DEMAND AND AGGREGATE SUPPLY AND THEIR INTERACTION. Aggregate demand is the total demand for goods and services produced in an economy at a given price level and time period. This expenditure comes from households, government, firms and foreigners. It’s made up of C I G (X-M), which is Consumption Investment Government spending net exports (which is Exports – Imports.). Range of influences, how much households spend? The rate of interest.
umidbekef.blogspot.com
Business block B: November 2009
http://umidbekef.blogspot.com/2009_11_01_archive.html
Speak little, do much. Sunday, 22 November 2009. If the government borrows a lot of money, what will this do to interest rates? And here is the graph: it shows aggregate demand shifting left because interest rates had mount. As Chris Told, Change in interest rates will have an impact on Unemployment, inflation, Exchange rates. All this macro economic stuff. And then The effect on inflation causes more problems, savings, etc. And then Wages, cost of production. Thursday, 19 November 2009. Process by which...
