Gujarat Technological University Syllabus for New MBA Program effective from Academic Year 2011-12 MBA I Semester I Accounting for Managers (AFM) 1. Course Objective: The objective of the course is to acquaint the students with the language of Accounting and to develop in them the ability to evaluate and use accounting data as an aid to decision making. The main purpose is to assist the students in developing skills in problem solving and decision making in the financial area. Emphasis is laid
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Spurs in higher utilization, advancements in medical care, and the ever increasing population are the major contributing factors influencing such a change. This paper will look at the birth and evolution of health insurance, while diving into the microeconomics and supply versus demand aspect of healthcare. History- The Birth of Health Insurance From the bartering of the early 1800s to the development of the health care reform bill, methodologies in the funding of health care services
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Is the Social Security system based on the same principles as private insurance? The answer to this question is no. Social Security is a pay-you-go system and an inter-generational income transfer program where taxes are collected from present workers to pay current benefits. Unlike private insurance companies, surplus taken in is put into is invested into government bonds that the government both pays and receives interest on. These investments are nothing like the private insurance system.
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Library Activity – Article Analysis U.S. Coffee Consumption Patterns ECO/365 Principles of Microeconomics September 30, 2013 | TOTAL |100% | |CONTENT (70%) |70.0% | |MECHANICS (30%) |30.0% | |FINAL GRADE (100%) |100.0% | |Grade (6-points) |6 | |Days late |0 | |Penalty |0% | |Updated Grade |6 | U
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Houses/Shoes/Education/ Health Robots/Workers/Gas/Atomic Energy/Solar Power How to produce? For whom to produce? Pensioners/Students/ Lawyers/Journalists/Dentists/ Shop Assistants/Pilots Page 2 of 30 APPROACHES TO ECONOMIC QUESTIONS MICROECONOMICS (individual) consumers firms markets MACROECONOMICS (aggregate) economic growth employment unemployment inflation balance of payments exchange rates æ â å micro and macro inter-related CIRCULAR FLOW OF INCOME Page 3 of 30
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The Many Aspects of Market Structures Denise Plumb ECO204 – Principles of Microeconomics Instructor Phelicia Price February 1, 2015 I would first like to thank the mayor for the opportunity to provide the answers to the important questions that will help assist with the understanding of the different market structures of the businesses in the city. Hopefully with a deeper understanding of market structures and how they work, the mayor will be able
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Question 1. :-Define economics? Answer:-It is the study of allocation of resources available to organization or business. It is fundamentally concerned with the art of economizing i.e. making rational choice to yield maximum return of output in minimum resources & efforts by selecting best alternative course of action among various. Question 2. : - Contraction and extension of demand? Answer:-A variation in demand implies “extension” or “contraction” of demand. When with
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of past choices that can be used to guide future business decisions. ANS: T DIF: LL1 REF: Page 15 OBJ: 1 5. Economists forecast business needs based on a deep understanding of past choices. ANS: T DIF: LL1 REF: Page 15 OBJ: 1 6. Microeconomics is the study of broad, economy-wide issues such as the unemployment rate, gross domestic product, and inflation. ANS: F DIF: LL2 REF: Page 15 OBJ: 1 7. Macroeconomic conditions impact day-to-day life by influencing variables such as the
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The global financial crisis of 2007 – 2008 caused great concern for the World Trade Organisation as they felt that countries would persuade their governments to implement price floors in order to support and restore domestic markets. Price floors are regularly employed in a wide spectrum of industries by governments, as an intervention in the free market, in order to protect producers and suppliers. This is achieved by legally setting a minimum price a good can be sold for, above the equilibrium
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of past choices that can be used to guide future business decisions. ANS: T DIF: LL1 REF: Page 15 OBJ: 1 5. Economists forecast business needs based on a deep understanding of past choices. ANS: T DIF: LL1 REF: Page 15 OBJ: 1 6. Microeconomics is the study of broad, economy-wide issues such as the unemployment rate, gross domestic product, and inflation. ANS: F DIF: LL2 REF: Page 15 OBJ: 1 7. Macroeconomic conditions impact day-to-day life by influencing variables such as the
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