fannyseconomy.blogspot.com
Economics / Business: Market failure and government intervention
http://fannyseconomy.blogspot.com/2009/11/karket-failure-and-government-invation.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Thursday, 19 November 2009. Market failure and government intervention. Definitions from chapter three. Market Failure: Where the free market mechanism fails to achieve economic efficiency. Productive Efficiency: where production takes place using the least amount of scarce resources. Inefficiency: Any situation where economic efficiency is not achieved.
fannyseconomy.blogspot.com
Economics / Business: Aggregate Demand & Supply
http://fannyseconomy.blogspot.com/2009/11/aggregate-demand-supply.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Wednesday, 25 November 2009. Aggregate Demand and Supply. Aggregate Demand(AD): The total demand for a contry's goods and services at a given price level and in a given time period. Aggregate Supply(AS): The total amount that producers in an economy are willing and able to supply at a given price leve. L in a given time period. 26 Nov 2009, 01:02:00.
fannyseconomy.blogspot.com
Economics / Business: January 2010
http://fannyseconomy.blogspot.com/2010_01_01_archive.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Monday, 18 January 2010. Chapter 4: Aggreagte demand and aggregate supply and their interaction. First chapter of part 2 of the book: A study of the whole economy. The nature of that aggregate demandand aggregate supply and how they interact to affect output, unemplyment and inflation. Calculate AD: C I G (X – M). The components of aggregate demand. Price...
fannyseconomy.blogspot.com
Economics / Business: Chapter 5. Government economic policy objectives and indicators of national economic performance
http://fannyseconomy.blogspot.com/2010/01/chapter-5-government-economic-policy_18.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Monday, 18 January 2010. Chapter 5. Government economic policy objectives and indicators of national economic performance. Economic growth: in the short run, an increase in real GDP, and in the long run, an increase in productive capacity, that is, in maximum output that the economy can produce. Hyperinflation: an inflation rate above 50 per cent. Inflati...
fannyseconomy.blogspot.com
Economics / Business: September 2009
http://fannyseconomy.blogspot.com/2009_09_01_archive.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Wednesday, 30 September 2009. Production of Petroleum - Norway. Mood: Oil production is decreases, gas production increases. Consequences: Oil and gas activities affect the environment. Use of fossil fuels leads to local, regional and global pollution problems. Driving forces: energy puts a lot of pressure on the environment. Tuesday, 29 September 2009.
fannyseconomy.blogspot.com
Economics / Business: Norwegian Economy
http://fannyseconomy.blogspot.com/2009/11/norwegian-economy.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Wednesday, 18 November 2009. The Norwegian economy and the Norwegian economic policy is good today, because the country has a good fiscal-(oil and taxes) and monetary policy course. Anyway the government has been smart in their use of the oil money, by saving it for the future, and for any problems that might come up, demand of oil is decreasing etc.
fannyseconomy.blogspot.com
Economics / Business: October 2009
http://fannyseconomy.blogspot.com/2009_10_01_archive.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Thursday, 15 October 2009. Definition: An effect whereby those not directly involved in taking a decision are affected by actions of others. When you are the third part, you're just effected by the world around y. Ou, and not involved in the decision. Hat the student learnt. Private- costs and benefits: Individuals directly involved in the decis. Drinking...
fannyseconomy.blogspot.com
Economics / Business: Chapter 6: The application of macroeconomic policy instruments and the international economy
http://fannyseconomy.blogspot.com/2010/01/application-of-macroeconomic-policy.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Monday, 18 January 2010. Chapter 6: The application of macroeconomic policy instruments and the international economy. The government use three main economic policies:. Fiscal policy: the taxation and spending decisions of a governments. Supply-side policies: policies designed to increase AS by improving the efficiency of labour and product markets. Econo...
fannyseconomy.blogspot.com
Economics / Business: November 2009
http://fannyseconomy.blogspot.com/2009_11_01_archive.html
8220;Your heart just breaks, that's all. But you can't judge, or point fingers. You just have to be lucky enough to find someone who appreciates you.”. Wednesday, 25 November 2009. Aggregate Demand and Supply. Aggregate Demand(AD): The total demand for a contry's goods and services at a given price level and in a given time period. Aggregate Supply(AS): The total amount that producers in an economy are willing and able to supply at a given price leve. L in a given time period. Tuesday, 24 November 2009.