Fundamental Economic Concepts

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    Garbage Bull

    A-1210, Vienna, Austria. E-mail: yegorov@ihs.ac.at Abstract The present article marks some potentially fruitful dimensions of economic research based on principles of economic theory but using more analogies with physics. Molecular structure of society with its different states, principles generating spontaneous order different from “invisible hand”, social analogies of the concepts of temperature and pressure in physics are investigated. Some analogies between phase transitions in physics and transition

    Words: 11187 - Pages: 45

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    The Welfare State

    quality life standards to individuals, is normally associated to the state insomuch reference is generally made to “welfare state”. The welfare state is based on ethical ideals: it is created in the name of social justice, to implement the fundamental rights and freedoms of human beings (as developed from time to time in the various cultures). Stuart White wants to clarify in the Oxford Handbook of the Welfare State, the main ethical arguments, which are inherent in the creation of the welfare

    Words: 1603 - Pages: 7

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    Satistics

    NOT a basic economic question?The three basic questions are: WHEN to produceWHAT to produce; HOW to produce; and TO WHOM to produce. What is the fundamental problem of economics? Scarcity Which of the following lists the four factors of production? Land, Labor, Capital, and Entrepreneurs. Which of the following is NOT a capital good? an oven at a bakery The study of economics includes all the following EXCEPT Production Good an item that is economically useful or satisfies an economic want Service

    Words: 467 - Pages: 2

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    Corruption: Where Does It Start?

    Corruption is a social disease that entails social justice that plagues many developing countries today. Corruption is just as multifaceted concept as there are societies and economic and political systems that embraces from the broad concept of corruption to the narrow legal concept of bribery. Corruption is the abuse of public office for private gain and the abuse of public power for private benefit. A well known definition of corruption is the one of the World Bank which considers it is the abuse

    Words: 282 - Pages: 2

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    Treasures

    CSS 105 COURSE GUIDE COURSE GUIDE CSS105 INTRODUCTION TO POLITICAL SCIENCE Course Developer Dr. Derin K. Ologbenla University Of Lagos Akoka – Lagos. Dr. Derin K. Ologbenla Course Writer University Of Lagos Akoka – Lagos. Course Co-ordinator Dr. Godwin Ifidon Oyakhiromen National Open University of Nigeria Lagos. NATIONAL OPEN UNIVERSITY OF NIGERIA ii CSS 105 COURSE GUIDE National Open University of Nigeria Headquarters 14/16 Ahmadu Bello Way Victoria Island Lagos

    Words: 55473 - Pages: 222

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    Accounting Chapter 2 Questions

    conceptual framework necessary in financial accounting? .A conceptual framework establishes the concepts that underlie financial reporting. A conceptual framework is a coherent system of interrelated objectives and fundamentals that are expect to lead to consistent standards'. A coherent system of concepts that flow from an objective. The objective identifies the purpose of financial reporting. The other concepts provide guidance on (1) identifying the boundaries of financial reporting; (2) selecting the

    Words: 662 - Pages: 3

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    Rhetorical Analysis Of President Ronald Reagan's Farewell Address

    connect with the audience one is addressing. Reagan was very successful in reaching the heart and souls of the American people when it was time to say goodbye. Like many presidents before him, Reagan delivered his speech in the oval office. A key concept

    Words: 970 - Pages: 4

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    Trends of Future Management

    yet more failure and problems, and so the situation is exacerbated. Trends of Future Quality Management The concept of customer value represents a dramatic improvement over the traditional approach to quality, the “comformance to specified standards” approach. It extends the concept of quality include user perceptions and use consequences. However, it still falls short of the concept of Total Quality, which stresses the importance of quality in every aspect of an organization. Perhaps the Japanese

    Words: 1895 - Pages: 8

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    Sustainability Report - Arcelormittal 2011

    preserve a sustainable combination/blend of economic, social, and environmental conditions in a progressive global and commercial society. However, it is a challenge that is not being met at present. Currently it is failing to meet even the basic needs of the society, or to protect its natural resources and the ecosystems that produce them, even as it creates unprecedented wealth and amenities for a few. The reasons for these failures lie in both economic and political institutions. Sustainable Enterprises

    Words: 3389 - Pages: 14

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    Try to Read It

    Syllabus Certified General Accountants Association of Canada 100 – 4200 North Fraser Way Burnaby, British Columbia Canada V5J 5K7 www.cga-canada.org © CGA-Canada, 2013 All rights reserved. These materials or parts thereof may not be reproduced or used in any manner without the prior written permission of the Certified General Accountants Association of Canada. Printed in Canada ISBN for an individual volume: 978-1-55219-599-4 About CGA-CANADA _________________________________________

    Words: 39811 - Pages: 160

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