Examiners’ commentaries 2013 Examiners’ commentaries 2013 EC1002 Introduction to economics Important note This commentary reflects the examination and assessment arrangements for this course in the academic year 2012–13. In 2014 the examination will be conducted in two parts. The rubric for Part I will read as follows: This is Part I of the examination which consists of Multiple Choice Questions. You have 90 minutes and you should attempt to answer ALL the questions. Each question has four
Words: 28552 - Pages: 115
For exclusive use at ESADE, 2015 W14540 DISRUPTING WALL STREET: HIGH FREQUENCY TRADING 1 Brad Evans wrote this case under the supervision of Professor Derrick Neufeld solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized
Words: 4306 - Pages: 18
will have no incentives to invest, if you have no certanty of receiving any compensation for you investment you are obvioulsy not going to invest; on the other hand institutions (good ones) are supposed to help to allocate resourses in the most efficient way. So those institutions that give the necessarries and right incentives to society, lowered uncertanty, boost
Words: 2495 - Pages: 10
What is marketing? Definition of marketing Many define marketing as the process of buying and selling in a market. Marketing is defined in many ways; marketing is the management process responsible for identifying, anticipating and satisfying consumers’ requirements. The essence of marketing is that a business will make what it can sell rather than sell what it can make. Marketing requires an assessment of human needs and the orientation of all the firm’s resources towards the satisfaction
Words: 6644 - Pages: 27
cash flow effects of a change in the exchange rate. It consists of the combination of transaction exposure and operating exposure. Having determined whether the firm should hedge its exposure, this note will discuss the various things that a firm can do to reduce its economic exposure. Our discussion will consider two different approaches to handling these exposures: real operating hedges and financial hedges. Transaction Exposure Financial Techniques of Managing Transaction Exposure Transaction
Words: 8865 - Pages: 36
Diogenes of Sinope was known for being different from the rest of society. Diogenes was popularly known as a Kyon, which in Greek means “dog.” The word cynic derives from Kyon and was later associated with the philosophy of cynicism which is “The end of life is virtue, not pleasure, and it can only be obtained by independence of all earthly possessions and pleasures” (Philosophy.lander.edu) as well as living a “living a life full of virtue in agreement with nature”(Philosophybasics.com). Diogenes
Words: 1142 - Pages: 5
A Report from the TechCast Project While many people simply want to get from A to B, transportation options (and especially automobiles) have to meet a variety of consumer demands: They must be clean, affordable, safe, and increasingly intelligent. Here is an overview of the choices and challenges for carmakers and consumers over the next 10 to 15 years. Imagine being able to sit back during your morning commute while your car does the driving. Would you move closer to the country? Take up
Words: 3962 - Pages: 16
Renewable Energy: Successes and Lessons Learned Parliamentarian Forum on Energy Legislation and Sustainable Development Cape Town, South Africa 5-7 October, 2005 Richard L. Ottinger[?] Abstract: Renewable energy is becoming economic in all markets as its rapid growth results in more competitive prices. It is particularly appropriate and increasingly being adopted for providing electric power services to rural areas in developing countries unlikely to be served by grid electricity. Policies
Words: 14169 - Pages: 57
Sociological Theory- Spring 2013 04/25/13 Brief #3 “We really have this incredibly simplistic view of why people work and what the labor market looks like.” -Dan Ariely, Behavioral Economist In his TED talk lecture, Dan Ariely reveals the complicated attitudes towards the meaning of work. Prior to the Industrial Revolution people valued their work, and we are now in a time where work is more about producing in the most efficient way and keeping costs down for companies. The theories of Marx
Words: 1237 - Pages: 5
Rethinking the Networked Economy: The True Forces Driving the Digital Marketplace. By Stan Liebowitz Professor of Economics University of Texas at Dallas 2/3/2002 Chapter 1 Introduction .............................................................................................. 1 A. What you will find in later chapters............................................................ 3 Chapter 2: Basic Economics of the Internet............................................................
Words: 71038 - Pages: 285