Faculty of Arts and Social Sciences School of Economics ECOS2002 Intermediate Macroeconomics Semester 1, 2015 Unit of Study Outline Unit Coordinator: Dr. Stella Huangfu Location: Room 339, Merewether Building Email address: stella.huangfu@sydney.edu.au Phone: +61-2-9036 9311 Consultation Hours: Thursdays 2-4 pm or other times by appointment. Tutors: Email address: Consultation Hours: Class times: Thursday 11am-1pm Venue: Bosch Lecture Theatre 2 This Unit of Study Outline MUST be
Words: 3541 - Pages: 15
Introduction to Economics Macroeconomics Assignment- 1 Neo-Classical and Keynesian “The study of how society, and those in society allocate scarce and hence valuable resources between competing uses can be defined as Economics”(Jones, 2013) which was founded by Adam Smith in 1776. “The field of Economics that deals with the aggregate economy and changes in its level of unemployment, national income, growth rate, GDP, inflation and price level is called Macroeconomics.”(www.investopedia.com) As economics
Words: 525 - Pages: 3
In the balance of payment, current account and capital account are tied together by an accounting identity. Current account on one side and the capital and financial accounts on the other side should balance each other out due to the double entry of each transaction. [ Current Account + Financial Account + Capital account + Official Reserve Account = 0 ] For example, if a country has a positive capital and financial accounts, it will have a current account deficit - because the debit is more
Words: 299 - Pages: 2
Depression, it is continually used in our economy today. Introduction John Maynard Keynes (also known as “1st Baron Keynes) was a British economist that was born in Cambridge, England. His ideas and theories changed the practice of modern macroeconomics. He is well known for the Keynesian economics that made him one of the most influential economist of the 20th century (Keynes, 2014). Since he was so influential, there were many other economist that were influenced by John Maynard Keynes that
Words: 1030 - Pages: 5
Phase 1 Individual Project Global Managerial Economics Professor Art Vaughn Colorado Technical University Online 25 August 2014 The World Bank and the International Monetary Fund were brought into existence at a formal meeting in Bretton Woods, New Hampshire in 1944. The World Bank and the IMF is a group of companies that can assist countries with the means of advancement in the form of a loan, guidance and exploration into a better, more successful economy after World War II
Words: 1306 - Pages: 6
Usama Rehan Khan 4650578 | TBS905 ------------------------------------------------- A Comparative Analysis of UAE and France Economies Submitted to: DR. Asima Shiraz Usama Rehan Khan 4650578 | TBS905 ------------------------------------------------- A Comparative Analysis of UAE and France Economies Submitted to: DR. Asima Shiraz Contents Abstract 2 Introduction to UAE Economy 2 Introduction to French Economy 2 GDP (Gross Domestic Product) 3 Components of GDP 4 Consumption
Words: 2166 - Pages: 9
University of Phoenix Material Macroeconomic Terms Describe the following terms in your words. |Term |Definition | |Gross Domestic Product (GDP) |The total market value all the products and | | |services availiable in a country in a given | | |year, equal to total consumer, investment
Words: 307 - Pages: 2
Case study: India in the move Introduction With more than 1,5 billion citizens, India represent a huge market for national and international companies. However India is still facing some difficulties that are slowing it expansion and its economic growth. Trying to solve them is the main objective of the minister of finance Jaswant Singh that has to craft a budget to achieve the 10th five years plan, which constitutes an economic, and social growth project for 2002-2007. Among its main objectives
Words: 1145 - Pages: 5
investigation must cover ALL of the following aspects: Week 1: Using economic data as support, outline the past (last 5 years) and current trends in Australia’s GDP Annual Economic Growth and the unemployment rate. Compare the changes in the macroeconomic policy and the achievement of Full Employment over the last 5 years using economic data trends. Introduction What is economic sustainability • briefly outline the main economic objectives of the Australian government (economic growth
Words: 452 - Pages: 2
Economic situation of Italy during financial crisis and outlook for the next years Abstract This work takes into investigation the situation of Italy during the initial phase of the financial crisis that begun in 2008 and next we have gone through the short-term recovery in 2010 till the return of the bad results in 2012 and negative predictions for the future. We have analyzed the background of Italy economy, the main economic measures and the actions taken by the Italian government to
Words: 3072 - Pages: 13
