Федеральное агентство образования РФ Государственное образовательное учреждение высшего и профессионального образования Государственный Университет Управления [pic] Институт информационных систем управления Кафедра прикладной математики Учебно-исследовательская работа по дисциплине: «Эконометрика» Эконометрическая модель национальной экономики Великобритании Исполнитель: студентка ИНИМЭ РНР III-1 Дистанова Дина Камильевна Руководитель: к.т.н. доцент Кутернин Михаил Иванович
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Project—— The real meaning of GDP I. Background Since 1985, when the State Council of China approved to establish a System of National Accounting (SNA), using the gross domestic product (GDP) to measure the national economy, more and more people are getting familiar to this word. We must have heard about it for countless times. At the end of 2010, China has overtaken Japan as the world's second biggest economy in terms of GDP, which has drawn attention all around the world and has made Chinese
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Table 1. Gross Domestic Product of Bangladesh at Current Prices, 2007-08 to 2010-11(p) (Million Tk.) Industrial origin sector 1. 2006-07 AGRICULTURE AND FORESTRY a) b) c) Crops & horticulture Animal Farmings Forest and related services 2. FISHING 3. MINING AND QUARRYING a) b) 4. MANUFACTURING a) b) 5. Natural gas and crude petroleum Other mining & coal Large & medium scale Small scale ELECTRICITY, GAS AND WATER SUPPLY a) Electricity
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domestic product (GDP) – Is the total market value of goods and services that are produced in a certain time frame. Real GDP – Is the same as above, but measured yearly at consistent values. Nominal GDP – Same as above, but measured at current values. Unemployment Rate – This is the measurement of individuals who are not working during the measured time. They may be willing to work but are not able to find work. Inflation Rate – The inflation rate is affected by the GDP and the result is
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establishment of primary and secondary government bond markets that can also increase the efficiency of monetary policy and reduce the government’s need to rely on the central bank for direct financing. Keywords: Policy instruments, Economic Growth, GDP, Money supply, monetary policy INTRODUCTION The aim of this study is to examine the impact of monetary policy on economic growth. Economic growth is an important macroeconomic objective for any country. Monetary policy has direct relation with economic
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1. In 4-5 paragraphs, discuss the history of the US economy including productivity, growth, markets and government regulations. 2. In 2-3 paragraphs explain GDP: what items are included & excluded and why intermediate goods and services are usually not included directly in GDP. 3. Rank, i.e. list, the following in order of increasing (from negative to positive) cross – price elasticity of demand with coffee. Explain your reasoning. - Bleach - Tea - Cream - Cola 4. In 3-4 paragraphs,
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marginalized and dissatisfied. In 1971, East Bengal separated from Pakistan and was renamed Bangladesh. Ever since, economic development has been very slow, hampered by political turmoil. It is one of the poorest countries in the world with nominal GDP per head of only USD 1,483 and 36% of the population living below the poverty line of USD 1 per day. The low level of human development is also reflected in the UN’s human development index, which ranks Bangladesh 146th out of 182 countries. Economic
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i.e. tea, coffee, beans, etc.; Mining i.e. coal, crude oil, valuable stones, etc.; Plantation i.e. palm oil, and many others. There are some tourism attraction spots that contribute in the GDP, such as Bali, Lombok, Yogyakarta, etc. Although, the maximum value of the resources have not achieved yet, the GDP of Indonesia is already top 5 in Asia. Indonesia has made a positive and stable trend in these past ten years, few reasons that caused this to happen is the stability of the political condition
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analysis: 2008-2010 “GDP is the market value of all the final goods and services produced by a country within its domestic territory in a fiscal year.” Luxembourg Luxembourg, is a perfect example of a stable economy, characterized by high income, low unemployment, low inflation, and high growth. The industrial sector, once dominated by steel has now diversified into rubber and chemicals. Growth in the financial sector has been phenomenal and currently contributes 28% towards GDP (gross domestic product)
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Although many people do not see much difference in micro and macroeconomics, there is in fact a huge difference. Microeconomics is the study from a specific firm’s point of view, as macroeconomics is the study from the full economies point of view. So, what does this all mean? In this paper we will discuss the many factors that make up key elements of macroeconomics. What is economics all about? Is it the study of money? Is it about trade-offs and scarce resources? Is it about inflation, unemployment
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