CARIBBEAN EXAMINATIONS COUNCIL Caribbean Advanced Proficiency Examinations Economics Syllabus Effective for examinations from May/June 2010 Correspondence related to the syllabus should be addressed to: The Pro-Registrar Caribbean Examinations Council Caenwood Centre 37 Arnold Road, Kingston 5, Jamaica, W.I. Telephone Number: (876) 920-6714 Facsimile Number: (876) 967-4972 E-mail address: cxcwzo@cxc.org Website: www.cxc.org Copyright © 2008, by Caribbean Examinations Council
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divided into two branches: Microeconomics and macroeconomics. 1. Microeconomics is the study of how individual Households and firms make decisions and how they interact with one Another in markets. 2. Macroeconomics is the study of the economy as a whole. The Goal of macroeconomics is to explain the economic changes that affect many Households, firms, and markets at once. * Macroeconomists address diverse questions: * Why is average income high in some countries while it is low in
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MACROECONOMICS ISSUE : POVERTY (POVERTY IN MALAYSIA) 1.0 MODEL FORMULATION: Y = β0 + β1INF + β2GDP + β3PGR + β7PCI + μi Y = Poverty INF = Inflation rate GDP = GDP growth rate PGR = Population growth rate PCI = Per capita income growth rate μi = Error term 1.1 OBJECTIVE OF THE STUDY 1. To identify and to observe the poverty rate in Malaysia for the past 30years 2. To use econometric analysis to analyze and to identify the statistically proven of the independent variables towards the
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Us At JohnMate1122@gmail.com 8 – Week Course Outline Please see theStudent Handbook to reference the University’sgrading scale. Table of Contents Week Topic(s) Learning Objective(s) Reading(s) Assignment(s) 1 Introduction to Macroeconomics • LO 1: Describe the characteristics of demand and supply, and apply the demand and supply model. • LO 2: Define real gross domestic product and identify the phases of a business cycle. • LO 3: Define inflation and deflation, and explain
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Us At JohnMate1122@gmail.com 8 – Week Course Outline Please see theStudent Handbook to reference the University’sgrading scale. Table of Contents Week Topic(s) Learning Objective(s) Reading(s) Assignment(s) 1 Introduction to Macroeconomics • LO 1: Describe the characteristics of demand and supply, and apply the demand and supply model. • LO 2: Define real gross domestic product and identify the phases of a business cycle. • LO 3: Define inflation and deflation, and explain
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BUS530 MACROECONOMICS ECONOMIC GROWTH & POVERTY REDUCTION IN BANGLADESH Prepared by Aadil Choudhury 112 0322 660 Section 1 INTRODUCTION The relationship between economic growth and poverty reduction is not always automatic. To achieve poverty reduction, robust economic growth is necessary but not sufficient. The financial allocation and source of finance play a crucial role in implementing the development endeavor and achieving macroeconomic objectives like growth, employment
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Fixed exchange rate – chapter 18 5) International macroeconomic policy – chapters 19 & 21 Arguments for and against flexible exchange rates – chapter 19 Interdependence of macroeconomic policies – chapter 19 Arguments for and against common currency – chapter 21 MGEC61 – Chapter 13 © Iris Au 1 Chapter 13: National Income Accounting and the Balance of Payments The National Income Identity for an Open Economy The national income identity for an open economy is: Output (Y) = C + I
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Working Paper Series DOES SUBSIDY REMOVAL HURT THE POOR by Manson NWAFOR Kannayo OGUJIUBA Robert ASOGWA Les Cahiers du SISERA – 2006 / 2 AFRICAN INSTITUTE FOR APPLIED ECONOMICS (AIAE) DOES SUBSIDY REMOVAL HURT THE POOR by Manson NWAFOR1 Kannayo OGUJIUBA Robert ASOGWA This research was undertaken with the financial support of the United States Agency International Development (USAID) and the International Development Research Centre (IDRC), Ottawa, Canada February 2006 1 Corresponding author
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. . . 2.3.2 2.3.3 41 Current Account Deficits As Reflections of Trade Deficits 42 The Current Account As The Gap Between Savings and Investment . . . . . . . . . . . . . . . . . . . . . . 42 2.3.4 The Current Account As the Gap Between National Income and Domestic Absorption . . . . . . . . . . . . 44 2.4
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challenge have included a shift away from state-bureaucratic controls and industrial autarky towards economic liberalization and integration with the global economy. These policy reforms were initiated in the mid-1980s against the backdrop of serious macroeconomic imbalances, caused in part by the declining level of foreign aid and in part by a preceding episode of severe deterioration in the country’s terms of trade. The policy reforms in the 1980s included the withdrawal of food and agricultural subsidies
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