Microeconomics

 Interest in measuring intellectual capital has emerged in the second half of the 20th century, when scientists have realized that the resources and the amount of resources available to the company is not decisive in its results. The rise of new economy has highlighted the fact that the value created depends far less on their physical assets than on their intangible ones. These assets, often described as IC, are being recognised as the foundation of individual, organizational and national…

0.53Y=16 Y=16/0.53= 30.19 ii) In the second we have changed the exogenous investment to the equation’ I= g-hR’. In this model the ‘g’ represents autonomous investment, this value must be either equal or greater than zero. ‘R’ is the interest rate, which is measured in hundredths of 1%. ‘h’ is the sensitivity of investment to a adjustment in the interest rate. We feel that for the UK a reasonable interest rate to start with would be 1%. ‘A rate which is charged or paid for the use of money.’…

Assignment 1: Incentives and opportunism Incentives and opportunism are replenished through bad leadership and barriers which, within various institutions, roles between people can change. The retrospective vision of a technocratic and quantitative way of leading has definitely expired due to voluminous growth of the World Wide Web. Firstly, companies are run by human beings. Humans as such, are greatly influenced by motivational factors which work as incentives. These incentives mutate rational…

So he established a new standard the “ livre carolinienne“ which was worth 20 sous or 240 deniers. Lending of money for interest was prohibited and then allowed when Charlemagne introduced the “ capitulary for the jews”. He had interest of microeconomics such as he had price control on certain goods, also interest in Accounting as he insisted that income and expenses had to be recorded. He also succeeded to apply these systems in all of Europe. And after his death the use of the “ livre…

3. The Micro-economic Conditions (Suppliers) Now that we explore the process of Party-state interventions in outdoor leisure in macroeconomic perspective, it is time for us to investigate how outdoor leisure is provided by microeconomic level and practiced or consumed by urban Chinese. This section firstly demonstrates diversified types of outdoor leisure organizations nationwide, and then it specifically demonstrates the similarities and differences of outdoor leisure practices among three…

INTRODUCTION The natural resource curse, a phrase introduced by Auty (1993, 2001), is used to describe the negative relation of a country’s natural resources and its economic success. Natural resources are logically assumed to have a positive effect on a country’s economy. However, there is very little truth in this assumption as is argued in this essay. Many countries of the world are endowed with natural resources such as oil, natural gas, coal and other mineral deposits. These include…

Richardson (1994, p. 5) concludes his study by making the observation that “... mature students were rather more likely than younger students to adopt a deep approach or a meaning orientation towards their academic work, and .... were conversely less likely than younger students to adopt a surface approach or a reproducing orientation.” Other determinants of academic performance not discussed above include self-motivation, family income, and parents’ level of education. While a positive…

The increase in labour market means that people will work for lower wages. This aspect depends really if the migratns come from the less developed country and will they work for less money or the situation can be vice versa, and the migrants are not willing to work for such wages because they can earn more money in their domestic country. If in the economy the wages are low, in the short term meaning the production costs decreases and it means that firm produce for less money. The effect, of…

Why? | Natasha Wylie | 5/13/2012 6:05:23 PM | | I'm on the fence about whether there is too much government intervention in the administering of employee benefits. I'm sure that both sides could argue where oversight is needed and where there is too much involvement. Whether the oversight is handled by the government or another agency, I do believe that someone should look out for the best interest of employees, and ensure things related to benefits are handled in a proper manner. |…

Benefits of direct marketing: Buyers • Home shopping- fun, convenient and hassle free, time saving, larger variety. • Comparative shopping possible- browsing through online catalogues. • Somebody else other than buyer can order goods. • Business customers- learn about new products & services- time saved in meeting sales people. Sellers • Buy mailing lists- any group : left handed, overweight, millionaires • Personalize and customize the messages- build continuous relationship with…