Illustrate Professional and personal applications
Illustrate Professional and personal applications?
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1. The study of economics helps to develop an individual’s analytical skills and allows students to better predict the logical consequences of their actions.
2. Economic principles enable business managers to make more intelligent decisions.
3. Economics can help individuals make better buying decisions, better employment choices, and better financial investments.
4. Economics is however, mainly an academic, not a vocational subject. Its primary objective is to examine problems and decisions from a social rather than personal point of view. It is not a series of “how to make money” examples.
Use the economic perspective to explain the behavior of the workers? Why do they work so diligently?
What explains why millions of economic resources tend to get arranged logically and productively rather than haphazard and unproductively?
Explain about Market Structures briefly.
Explain and give an illustration of (a) the fallacy of composition; and (b) the “after this, therefore because of this” fallacy. Why are cause-and-effect relationships difficult to isolate in the social sciences?
Question: What can we learn from the Japanese experience? Is the US headed for a 'lost decade? Answer: There was
Cost of debt= (1-tax rate)* interest rate * (debt ÷capital employed)Cost of equity = risk free rate + market premium (equity shareholders funds÷ capital employed)
Speculators decrease price volatility through, in effect, changing demand curves: (w) out at low prices, and shifting supply curves out at high prices. (x) out at low prices, and shifting supply curves within at low p
Give brief introduction of the term capital structure? And also write down its principles?
What are the Causes and theories of inflation?
Illustrate major economic flows that link U.S. with nations. Provide an example to illustrate each flow. Explain the relationship between the top and bottom flows.
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