Controlling the level of inflation and achieving close to full employment are both major macroeconomic policy objectives which governments try to achieve. Stagflation is a period when there is a persistent rise in prices and slow economic growth. Slow economic growth implies that there is a rise in unemployment as the economy is not working at its full potential. As part of their objectives, governments aim to lower unemployment and try to keep prices stable but when there is stagflation, conflicts
Words: 2598 - Pages: 11
EFF01417:6264_ch01:Pg 0:23907#/eps at 100% *23907* Fri, Nov 9, 2001 11:52 AM part I Introduction User SONPR:Job EFF01417:6264_ch01:Pg 1:21266#/eps at 100% *21266* Fri, Nov 9, 2001 11:52 AM C H A P T E R The Science of Macroeconomics The whole of science is nothing more than the refinement of everyday thinking. — Albert Einstein 1 O N E 1-1 What Macroeconomists Study Why have some countries experienced rapid growth in incomes over the past century while others stay
Words: 188819 - Pages: 756
The Black & Decker Corporation (BDK) [1] I. Introduction This teaching note describes the valuation of publicly traded equity securities using the Discounted Cash Flow (DCF) and Price/Characteristic (market comparison) approaches, with a specific spreadsheet example for The Black and Decker Corporation. Free cash flow valuation and comparables (comps) are key tools in fundamental analysis, the process of picking stocks with high expected return based on an analysis of the company. In theory
Words: 5394 - Pages: 22
Part 1-Micro Economic Principles Applied Why do people spend hours lining up outside stores to purchase the iphone 5, when there are so many cheaper alternatives available? In recent months, an observation was made about consumer behaviour when it came to the purchasing of the recently released model of the iphone 5, by Apple Inc. The devices cost start at $199 us dollars and require a two year service plan. Why then, would persons stand in line for days, to acquire this device? In examining the
Words: 2991 - Pages: 12
Chapter 1 theories and methods. 1.1 Scientific Method in social science Describe some of the major areas of study in the social sciences: The major areas of study in social sciences are Political Science, Biology and Psychology, Geography, Sociology, anthropology and history. What was the main debate among the scholars in the social science department? The main debate among the scholars is which of all of the above areas of study are the most important and relevant when it comes to individual
Words: 4266 - Pages: 18
EVALUATION OF DISTRIBUTION CHANNEL IN THE DAIRY INDUSTRY CONTENTS INTRODUCTION 4 CHAPTER 1: THOERICAL FRAMEWORK 6 1.1 OVERVIEW OF DISTRIBUTION CHANNEL 6 1.1.1 Definition of distribution 6 1.1.2 Definition of distribution channel 7 1.1.3 Characteristics of distribution channels 8 1.1.4 The role of distribution in marketing: 10 1.1.5. Functions of distribution channels 11 1.2 CHANNELS OF DISTRIBUTION 11 1.2.1 Types of Channels of Distribution 11 1.2.2 Participants in distribution:
Words: 14533 - Pages: 59
THANKFUL To complete this research report, I want to give the sincere thankful to the teacher in Faculty of Banking and Finance of Industrial university of Ho Chi Minh City to create a change to me complete my training in during the time I study at class to the time I traing at Vietinbank Mien Trung agency. Specially, I want to give the sincere thankful to Miss. Nguyen Thi My Linh who always side by side and clear up and helping me complete my training. Thank to credit officer of the credit department
Words: 13909 - Pages: 56
follows- a) Credit Risks; b) Asset & Liability / Balance Sheet Risks; c) Foreign Exchange Risks; d) Internal Control & Compliance Risks; and e) Money Laundering Risks. Bangladesh Bank in one of it’s circular (BRPD Circular no.17) advised the commercial banks of Bangladesh to put in place an effective credit approval and monitoring system by December, 2003 based on the guidelines sent to them. In my study, I would try to put forward my findings about the “Credit
Words: 20562 - Pages: 83
Solutions for exchange rate policy of transition economy of Vietnam Dissertation zur Erlangung des Grades Doktor der Wirtschaftswissenschaft (Doctor rerum politicarum, Dr. rer. pol.) der Juristischen und Wirtschaftswissenschaftlichen Fakultät der Martin-Luther-Universität Halle-Wittenberg vorgelegt von M.A. Mai Thu Hien geb. am 23. August 1976 in Hanoi, Vietnam Gutachter: 1. Prof. Dr. Dr. h.c. Rüdiger Pohl, Martin-Luther-Universität Halle-Wittenberg 2. Prof. Dr. Martin Klein, Martin-Luther-Universität
Words: 97616 - Pages: 391
EVOLUTION OF EXCHANGE RATE REGIME: IMPACT ON MACRO ECONOMY OF BANGLADESH by Liza Fahmida A project submitted in partial fulfillment of the requirements for the degree of Professional Master in Banking and Finance Examination Committee: Dr. Sundar Venkatesh (Chairperson) Dr. Juthathip Jongwanich Dr. Yuosre Badir Nationality: Bangladeshi Previous Degree: Master in Finance and Banking University of Dhaka Bangladesh Scholarship Donor: Bangladesh Bank Asian Institute of Technology School
Words: 9390 - Pages: 38