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MNGT 5201 - Economics

MNGT 5201 - Economics. Sunday, May 2, 2010. Case Study – Australia: The Riches and Challenges of Commodities. The case study discussed Australia’s history of the economy especially commodities. It showed that Australia was traditionally a protectionism economy, with large tariffs compared to other OECD countries. Australia only changed its protectionism policies in the last quarter of the 20. Unit 12 – Five Debates over Macroeconomic Policies. Due to the lag time in most polices, a lot of people in the p...

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MNGT 5201 - Economics. Sunday, May 2, 2010. Case Study – Australia: The Riches and Challenges of Commodities. The case study discussed Australia’s history of the economy especially commodities. It showed that Australia was traditionally a protectionism economy, with large tariffs compared to other OECD countries. Australia only changed its protectionism policies in the last quarter of the 20. Unit 12 – Five Debates over Macroeconomic Policies. Due to the lag time in most polices, a lot of people in the p...
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MNGT 5201 - Economics | andrewtodcarter.blogspot.com Reviews

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MNGT 5201 - Economics. Sunday, May 2, 2010. Case Study – Australia: The Riches and Challenges of Commodities. The case study discussed Australia’s history of the economy especially commodities. It showed that Australia was traditionally a protectionism economy, with large tariffs compared to other OECD countries. Australia only changed its protectionism policies in the last quarter of the 20. Unit 12 – Five Debates over Macroeconomic Policies. Due to the lag time in most polices, a lot of people in the p...

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1

MNGT 5201 - Economics: March 2010

http://andrewtodcarter.blogspot.com/2010_03_01_archive.html

MNGT 5201 - Economics. Sunday, March 14, 2010. Unit 6 - Asymmetric information and principal agent problems. Unit 6 was looking at different aspects of principal-agent relationships. The unit talks about general problems that can be associated with these relationships, pre-contractual and post contractual opportunism and principal-agent contracts. Also the unit describes an example called sharecopper where risks and rewards are shared between principal and agents. As an “internal system encompassin...

2

MNGT 5201 - Economics: April 2010

http://andrewtodcarter.blogspot.com/2010_04_01_archive.html

MNGT 5201 - Economics. Tuesday, April 27, 2010. Unit 11 – Aggregate Demand and Aggregate Supply. This unit discussed aggregate supply and aggregate demand and general economic fluctuations. Aggregate demand curve is when the quantity of all goods and services demanded in the economy at any given price. A change in price will cause a change in quantity of output within an economy. The aggregate demand curve is downwards sloping because of three reasons:. The aggregate demand curve will shift pretty much f...

3

MNGT 5201 - Economics: Unit 12 – Five Debates over Macroeconomic Policies

http://andrewtodcarter.blogspot.com/2010/05/unit-12-five-debates-over-macroeconomic.html

MNGT 5201 - Economics. Sunday, May 2, 2010. Unit 12 – Five Debates over Macroeconomic Policies. Due to the lag time in most polices, a lot of people in the public have difficulties linking polices with the effects of the polices. Therefore, people will not recognize the fiscal and monetary polices is working during downtimes as the polices may have been put in place 6 months or more before the downturn. Subscribe to: Post Comments (Atom). Case Study – Australia: The Riches and Challenges .

4

MNGT 5201 - Economics: Unit 5 – Oligopoly and Strategic Behaviour

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MNGT 5201 - Economics. Sunday, May 2, 2010. Unit 5 – Oligopoly and Strategic Behaviour. The unit mainly discussed game theory of oligopolies. The unit started off by explaining simultaneous games where you and the other player/s do not know each other moves before moving. This generally means that people will play towards a dominant strategy that will benefit them best as they do not know what move the other player can play. Whether it is a simultaneous game or sequential game. Case Study – Austral...

5

MNGT 5201 - Economics: Unit 7 – The boundaries of the firm

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MNGT 5201 - Economics. Sunday, May 2, 2010. Unit 7 – The boundaries of the firm. Reduce transaction costs of contracts from purchasing from the market. Possibly help coordination of production, as it may be less costly, less uncertain and more efficient to coordinate certain activities in-house rather than outsourcing. Avoid hold-ups affects that come with relationship-specific outsourcing. Also tax issues might mean a firm is better off if it performs its operations in house rather than outsourcing.

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MNGT 5201 - Economics

MNGT 5201 - Economics. Sunday, May 2, 2010. Case Study – Australia: The Riches and Challenges of Commodities. The case study discussed Australia’s history of the economy especially commodities. It showed that Australia was traditionally a protectionism economy, with large tariffs compared to other OECD countries. Australia only changed its protectionism policies in the last quarter of the 20. Unit 12 – Five Debates over Macroeconomic Policies. Due to the lag time in most polices, a lot of people in the p...

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