...................................................... 3 STRUCTURE OF THE SYLLABUS ..................................................................................................... 3 UNIT 1: MICROECONOMICS MODULE 1: METHODOLOGY: DEMAND AND SUPPLY ......................................................... 4 MODULE 2: MARKET STRUCTURE, MARKET FAILURE AND INTERVENTION……...12 MODULE 3: DISTRIBUTION THEORY ..................................................................................
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University of Hull | Supply Chain Planning and Control-Individual assignment: Pony Group | | | | 4/13/2013 | 56130 Model leader: Riccardo Mogre | Student number: 201100320 Word count: 2,662 Contents 1. Introduction 2 2. Section 1: Demand forecast 2 2.1. Moving average 2 2.2. Simple Exponential Smoothing 3 2.3. Holt’s Model 4 2.4. Winter’s Model 5 2.5. Demand forecast for XYZ 8 3. Section 2: Aggregate planning 9 3.1. Aggregate planning Question 1 10
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states that government can influence the aggregate demand through intervention policies to stabilize the economy in times of excessive inflation and deflation (Boundless, 2014). During periods of low demand, country A’s government can provide tax breaks to individuals and/or industry to increase buying potential and increase spending as well as purchase additional cars to boost the country’s economy. This process can be worked in reverse in time of excess demand to slow down the economy. PART 2
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The United Kingdom has the seventh-largest economy in the world, has the second-largest economy in the European Union, and is a major international trading power. A highly developed, diversified, market-based economy with extensive social welfare services provides most residents with a high standard of living. The UK joined the European Economic Community (now known as the EU) in January 1973 and it is a founder member of the World Trade Organization. The United Kingdom is one of the world’s leading
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AGGREGATE PLANNING I. Introduction A. Intermediate Planning B. The Concept of Aggregation II. The Purpose and Scope of Aggregate Planning A. Demand and Capacity B. Inputs of Aggregate Planning C. Demand and Capacity Options AGGREGATE PLANNING III. Basic Strategies for Meeting Uneven Demand IV. Techniques for Aggregate Planning A. Informal Techniques B. Mathematical Techniques V. Aggregate Planning in Services VI. Disaggregating the Aggregate Plan VII. Master Scheduling A. Inputs B
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Economic Forecasting Economic Forecasting Gathering historical economic data as well as economic forecast data can be a very important and useful tool for a business, business research, and planning. There are several resources available in which a company can access this type of information for their advantage. For instance, through archiving data, collecting and running records, recollecting, economic data and forecast service providers or analytics, and other
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macroeconomics is important in making business decisions. Macroeconomics is the study of the economy as a whole. It is the study of the aggregate demand and aggregate supply which reflect the demand and supply of everybody in the whole country. It examines the activities and trends in economy’s wide phenomena, such as unemployment, inflation, economic growth, money supply, budget deficits, and exchange rates. The knowledge from this study will indicate the ‘health’ condition of economy in the country
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SECTION A: MULTIPLE CHOICE QUESTIONS (35%) Answer ALL questions in this section. Choose the one alternative that best completes the statement or answers the question. Please answer questions by shading the appropriate box on the MCQ form (Multiple Choice answer sheet). 1) hich of the following is not a consequence of hyperinflation? W A) he price level grows in excess of hundreds of percentage points T per year. B) oneyʹs function as a medium of exchange is enhanced. M C) t causes an economy to suffer slow growth
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Hewlett-Packard’s Deskjet Printer Supply Chain Cases (A) & (B) Discussion Guide & Answers Ranjan Ghosh | HP’S DESKJET | Industry characteristics: competitive, fast growing, exploding in Europe, changing distribution channel, rapid technological advances. Product characteristics: quite, medium price, high print quality, leading technology, commodity–like, lighter
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to P1, as shown in the AS-AD model under, in which the aggregate demand (rapresented by the AD curve) reaches a higher level. In the LM-IS model a monetary expansion policy makes the LM curve move rightward, from LM to LM1, which means a lowering in the interest rate and an increase of real GDP, from Y to Y1, in the short run. 2a) ε=0,5 M0=1Ɵ*1*H M1=1Ɵ*0,5*H If the banking sector is not efficient the money supply decreases from M0 to M1, whose
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