Search Results - Economics
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Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek ??????µ?a ( oikonomia, "management of a household, administration") from ????? ( oikos, "house") + ??µ?? ( nomos, "custom" or "law"), hence "rules of the house(hold)". [1] Current economic models developed out of the broader field of political economy in the late 19th century, owing to a desire to use an empirical approach more akin to the physical sciences. [2]A definition that captures much of modern economics is that of Lionel Robbins in a 1932 essay "the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses."[3] Scarcity means that available resources are insufficient to satisfy all wants and needs. Absent scarcity and alternative uses of available resources, there is no economic problem. The subject thus defined involves the study of choices as they are affected by incentives and resources. Economics aims to explain how economies work and how economic agents interact. Economic analysis is applied throughout society, in business, finance and government, but also in crime,[4] education,[5] the family, health, law, politics, religion,[6] social institutions, war,[7] and science.[8] The expanding domain of economics in the social sciences has been described as economic imperialism.[9][10] Common distinctions are drawn between various dimensions of economics between positive economics (describing "what is") and normative economics (advocating "what ought to be") or between economic theory and applied economics or between mainstream economics (more "orthodox" dealing with the "rationality-individualism-equilibrium nexus") and heterodox economics (more "radical" dealing with the "institutions-history-social structure nexus"[11]). However the primary textbook distinction is between microeconomics ("small" economics), which examines the economic behavior of agents (including individuals and firms) and macroeconomics ("big" economics), addressing issues of unemployment, inflation, monetary and fiscal policy for an entire economy.
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1. Technical Analysis Basics For Your Trading Success On Forex
November 20, 2009
The analysis, political arena, economics, asset markets is the function of Fundamental analysis once it is used to measures single countries currency in contradiction of another countries currency. The Fundamental analysis uses the pressure of government policies and this drives the demand and supply up to the demands of an economy. In respect of this, no single perception, or set of ideas, influences the FX fundamental analysis.
All the same, fundamental analysis, merely something like all of them into some reason, put into action macroeconomic indicators including prime charge of intere... (read more)
Author: Forex Trader
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2. Learning Online - Top 10 Professors Who Blog
November 19, 2009
Online students enjoy the benefit of gaining direct knowledge from and access to the work and thoughts of their professors. These online professors post a series of blogs about issues relating to their particular subject area. These blogs range cover just about any topic from history, sciences, business, technology, economics, education, politics or engineering. I have categorized online professors according to the particular subjects there blogs
Some of these professors include:
Professors Who Blog about Business
* Professor Robert Salmon: Professor Salmon is an accomplishe... (read more)
Author: k James
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3. Chang XiaoBing claims iPhone sales volume is on the low side Will adjust the marketing strategy
November 19, 2009
According to media, CHINAUNICOM Chairman light soldier accept rich finance and economics special visit of TV station Peng in Hong Kong recently often, he expresses iPhone is listed the sales volume so far not to be fully up to expectations, but can accept, official sale certainly will exceed the black market, in addition according to the arrangement of the sale data, UNICOM may adjust the marketing strategy.
Chang XiaoBing says, are confident of letting iPhone become the most popular intellectual mobile phone of China. Soldier Chang Xiao 52 years old says, the sales volume after iPhone... (read more)
Author: key diary
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4. Things To Consider When You Invest In The Stock Market
November 18, 2009
There are many things to take into consideration when you invest in the stock market. Whether you are simply a newbie to the stock market or working on becoming an expert of the stock market, there are always things to look out for when making an investment. While the financial system is still in a somewhat turbulent state, people are still investing their money more cautiously than before. In this issue, we will go over some of the most important things to consider when you invest in the stock market.
A good understanding of the principles and laws economics is something that every p... (read more)
Author: Adam W. Porter
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5. The Not So Secret Power of Compound Interest
November 16, 2009
Summary: Did you ever sit there and just wonder how did the richest people in the world got that way? The answer is by making their money work for them – commonly referred to as compound interest. This article will explain to you the magical power of compounded interest and how you can make this magical thing work for you. So, what are you waiting for? Get reading! Did you ever sit there and just wonder how did the richest people in the world get so rich? We have Bill Gates (Microsoft) with $50 billion, Warren Buffett (Berkshire Hathaway) with $40 billion, Lawrence Ellison (O... (read more)
Author: Mr Moneybags
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6. Too Busy Earning A Living To Know What True Wealth Is?
November 16, 2009
"This is the case of a man who is all alone, without a child or a brother, yet who works hard to gain as much wealth as he can. But then he asks himself, ?Who am I working for? Why am I giving up so much pleasure now?? It is all so meaningless and depressing."
WHAT IS THE MEANING OF WEALTH?
According to the dictionary wealth means abundance of valuable material possessions or resources.
Famous author Robert Kiyosaki states, "that your wealth can be calculated by how long you can financially survive after you stop working."
Deepak Chopra says, "Material success by itse... (read more)
Author: Monique Schlosser
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7. Everything you need to know to start investing in the stock market
November 16, 2009
Summary:
Let's assume you have read piles upon piles of books, read the extremely informative articles on this website and you have spent the last fifteen days researching stocks and you have found some you want to buy and you have even gathered up some money that you want to invest into them. There’s only one thing left to do: choose an online brokerage.
Article:
Let's assume you have read piles upon piles of books, read the extremely informative articles on this website and you have spent the last fifteen days researching stocks and you have found some you want to buy and ... (read more)
Author: Mr Moneybags
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8. Welcome to the Stock Market - a Seemingly Complicated Topic Explained in Commonsense Terms
November 16, 2009
Summary: Did you ever find yourself wondering whatever it is those strange people in the news keep blabbering on about; what is this Dow they speak of and why should I prepare to sell my organs when it drops a few points? What in the world is a NASDAQ and where do I find it? Do you even know what the stock market is? This article should help you with all that. Article: If you’re one of these people who say or think that you don’t know anything about the stock market – prepare to be surprised. You say you’re not interested in the markets because you’re afraid of losing ... (read more)
Author: Mr Moneybags
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9. Why "free market competition" fails in health care
November 13, 2009
In trying to think about the future of health care, thoughtful, intelligent people often ask, “Why can’t we just let the free market operate in health care? That would drive down costs and drive up quality.” They point to the successes of competition in other industries. But their faith is misplaced, for economic reasons that are peculiar to health care.
More “free market” competition could definitely improve the future of health care in certain areas. But the problems of the sector as a whole will not yield to “free market” ideas – never will, never can – for reasons that are ineluctabl... (read more)
Author: Joe Flower
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10. Year-End Tax Planning
November 13, 2009
Strategies to Keep More of What You Make
Well, the year is coming to an end and many business owners are meeting with their accountants and tax advisors to figure out how to reduce that inevitable income tax burden coming in April. Here are a few strategic ways to keep some more of that money at home. Business owners are often successful in earning some money beyond the expenses of acquiring it-in short, profit. The only problem is, the profit is taxed. So, we work with our tax advisors to lower this burden by strategically spending money in various ways by the end of the year in an atte... (read more)
Author: P.Christopher Music
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11. Macroeconomist
November 12, 2009
A Macroeconomist follows the general description of an economist in that they are experts in the field of science of economics. A Macroeconomist deals specifically in the field of business and finance on a global level. Macroeconomists work with companies to determine business cycles and economic indicators. Their work uses the information compiled to determine and interpret price and earnings rations. These economists are able to advise their companies on how markets use inflation to set prices.
Macroeconomists may also work within industries that deal with natural resources such as oil,... (read more)
Author: k James
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12. How to Choose a CPA in Manhattan
November 12, 2009
Why choose a CPA for your business and personal needs?
What distinguishes a Manhattan CPA from other accounting professionals is the lengthier education process that they endure and the stricter licensing regulations that are required. However, the key benefit to choosing a CPA for your accounting and tax needs is the fact that they can communicate with you in a manner that is understandable.
The biggest benefit to choosing a Manhattan CPA is the fact that they are very knowledgeable of the economics of the area and can relate better with clients compared to a CPA from out of the ... (read more)
Author: Jonathan Medows
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13. Plug Your Money Leaks
November 12, 2009
2 Financial Planning Strategies that can stop the waste of your wealth
Are you where you want to be financially? Or are you moving in the right direction at least? Chances are that you're not there yet, or at least not getting there as quickly as you'd like. Read on for two more keys to taking control and achieving your financial goals. There are actually six things you need to do to get on the right track financially. 1. The first is to set goals and create a comprehensive plan to get you there. 2. The second is to keep that goal in mind as you make investment decisions. But that's ... (read more)
Author: P.Christopher Music
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14. Your Health And The Economy
November 12, 2009
We normally do not think that health is related to economics other than with regard to the costs of medical care. But there is another more fundamental way money impacts our wellbeing. If you could not pay your bills or had to worry about where the next meal would come from, would you be thinking about health, or survival? When we are trying to stay alive moment-to-moment we don't think about food choices, supplements, organic farming, animal welfare or environmental issues. Those considerations are a "luxury" dependent upon economic capability. But they are a luxury we must have if we are to ... (read more)
Author: Bennett Diaz
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15. Holiday Economics 101 - Getting a ROI on your Christmas tree
November 12, 2009
During tough economic times like these, we are all forced to ask ourselves, “Am I getting the most out of what I am spending?” And when it come to the holidays – the single greatest shopping time of the year – it becomes increasingly important. A good place to start auditing your spending is with the very centerpiece of your holiday celebration - the Christmas tree. It pays to look at the options and compare the costs of real vs. artificial. So, let’s break it down.
Add One Christmas Tree
Or maybe…two, three, four…because with a natural Christmas tree you have to buy a new tree eac... (read more)
Author: Karen Loius
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16. Accounting Software: The Equalizing Factor
November 12, 2009
If we were to compare the percentages of operating costs, we could surmise that small businesses are actually more expensive to operate than large ones. Large companies can usually afford to lower costs simply on the economics-of-scale; which means that they get better prices from suppliers because they order more supplies, raw materials and equipment than smaller businesses. However, today, technology has played the role of equalizer between small and large businesses. By introducing innovations, like accounting software, small business can, now, reduce much of their operating costs and expen... (read more)
Author: Lem Kemp
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17. Personal Finance Planning Strategies
November 12, 2009
Do you treat your household like a business? Maybe you feel that treating your business like a business is quite enough. But think about it for a minute. As someone who owns a small business or a professional practice, you know there are some fundamental ways to operate that group activity so that it is a profitable, expanding endeavor. Read on to discover how you can apply the same rules to your household as well, which goes a long way towards helping you with your personal finance planning. And not only do the same fundamental rules apply to your household activities, but the more you apply... (read more)
Author: P.Christopher Music
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18. Client Sheet - Should Climate Change and Alternative Energy matter to you?
November 11, 2009
Corporate response: Competitive response and risk managementCorporations are faced with meeting economic, environmental and social goals. There are two key ways in which corporations will respond within the economics of climate change:· Competitive response and developing the opportunity set - mainly focuses on mitigation. Climate change becomes a focus of corporate attention and corporations launch new business opportunities;· Risk management - mainly focuses on adaptation and corporate responsibility. Increasingly, markets will start to focus on the net carbon position of companies and busin... (read more)
Author: Sebastian Hays
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19. A Loan Modification Company - Choose Wisely
November 11, 2009
A loan modification company can help you obtain a mortgage modification which can dramatically impact your finances. When choosing a home loan modification company you will want to make sure you ask the right questions and do a little homework.
For most homeowners, their home is their largest asset and plays an integral part in their current and future economics. When choosing a loan modification company you want to make sure they are equipped to help you obtain the modification you need.
First and foremost you will want to do a little homework and find out if the company is regist... (read more)
Author: Robert Melillo
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20. "Mann International"- International Economics-(US Recovery Gov't Fuelled)
November 11, 2009
“Mann International”: America’s technical exit from recession shows the Government is the new consumer. Sources close to “Mann International” say that the firm remains of the opinion that US consumers will remain conspicuous by their absence from retail sales figures for the considerable future.
The US technically emerged from its long recession last week when data showed that its economy grew by 0.9% in the quarter through September – equivalent to annual growth of 3.5%. Although markets rallied strongly on the news, gains fell away sharply the next trading day after investors digest... (read more)
Author: Erica Reardon
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21. Vietnam - one of world's most peaceful nations
November 06, 2009
The symposium, co-organised by the Fulbright Centre and the Alliance for Peacebuilding (AfP), two US non-profit organizations, aims to build a more peaceful world and honours the most peaceful countries in the world.
The symposium attracted the 18 countries with the highest Global Peace Index (GPI) in 2009. The GPI, produced by the Institute for Economics and Peace in Sydney, Australia, is composed of 23 qualitative and quantitative indicators.
Vietnam ranks 39th among 144 countries in the GPI’s ranking and second after Singapore in South Asia and Southeast Asia.
According to a ... (read more)
Author: Ciao Travel
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22. Technological Advance and Urban Economic Activity: Degree Level Case Studies
November 05, 2009
The effect of ICT advances on the distribution of urban economic activity is a popular topic for undergraduate geographers and economists. This article provides some case studies which can be used to back up arguments surrounding the debate over whether technological advance causes decentralisation or clustering of economic activity. References and suggested reading are provided at the end of the article.
Cheshire (1995 pp.1051) summarises how decentralisation has moved southwards through the EU. From 1975-81 78% of urban cores in Northern European countries experienced decentralisatio... (read more)
Author: Owen Stevens
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23. Deflation is more dangerous than Inflation !
November 03, 2009
Economics is a simple science which is too complicated, said Churchill. This statement is proved true today, with conflicting reports about inflation and deflation.
Inflation is measured using the WPI ( Whole Sale Price Index ). When inflation becomes negative, it becomes deflation. For example, say WPI at June 06,2007 was 200 and on June 06, 2008 was 220, then we say, inflation was ten percent. If on June 06, 2009 the WPI was 231, then we say that Inflation is five percent more than last year’s.
On June 18, 2009, the Govt announced that India is under deflation.
If deflatio... (read more)
Author: Govind Kumar
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24. Is Your Wealth Endangered?
November 05, 2009
2 Financial Planning Strategies to help protect your assets
Would you like more control of your finances? The first thing you'd need to do is to actually create a plan. And then, you need to keep your goals and purposes in mind as you invest. But that's just the beginning. Read on for two more of the six key elements you need to deal with before you can be assured you've covered the basics. These two keys are absolutely essential, yet many people are reluctant to deal with them because doing so makes them uncomfortable. No one likes to think about dying, and no one likes to think about g... (read more)
Author: P.Christopher Music
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25. The Effect of Technology Advances on Urban Structure and Economic Activity
November 05, 2009
This article examines the effect of rapid development in ICT on the urban environment with particular reference to the location of economic activity. References and suggested readings are provided below.
Cities exist to make our communication and economic exchange easier. The dense concentration of people and firms within cities lowers the cost of trading, as the market is easily accessible to the firm and vice versa, firms have access to an extensive labour market and workers can find employment. People and firms locate in cities because it reduces their transport costs either to take... (read more)
Author: Owen Stevens
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