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BusinessPlanning_SMEs_Chapter_14
Course: ECON 101, Summer 2004School: Kasetsart University
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Kasetsart University - ECON - 101
On Air . (Cash flow statement) () (Types of cash flowactivities) 1) 2)
Kasetsart University - ECON - 101
On Air 1. William H. Davidow (SME)
Kasetsart University - ECON - 101
On Air 1. 30, 4 100 29 The Mall Central Midnight Sale20-20-20 10 + 10 20 20 1-2call
Kasetsart University - ECON - 101
On Air SMEs 1 () (Marketing Channels,Distribution System Middlemen, Broker)
Kasetsart University - ECON - 101
On Air SMEs 2 2 1. (Retailing) () (Store Retailing),
Kasetsart University - ECON - 101
On Air SMEs SMEs1. (Consumer Segmentation)2. (Product Development)3. (Advertising and Public Relation)4. (Customer Relation) (Consumer Segmentation)
Kasetsart University - ECON - 101
On Air SMEs SMEs 80-90 SMEs 50 (GDP)
Kasetsart University - ECON - 101
On Air 2 (International Chamber of Commerce) INCOTerm
Berkeley - ECON - 181
Welcome toEcon 181TextbookPaul R. Krugman and Maurice ObstfeldInternational TradeInternational Economics: Theory & Policy8th editionAddison-Wesley, 2008Professor Steven WoodDepartment of EconomicsSpring 2009with MyEconLab1Class Supplies2Off
Berkeley - ECON - 181
Introduction toInternational EconomicsAgendaInternational Economics What is International Economics All About? International Economics studies the specialissues raised by economic transactionsbetween sovereign nations. Why Study International Trad
Berkeley - ECON - 181
World Trade: An OverviewWho Trades with Whom? Who Trades with Whom? The USs 5 largest trading partners areCanada, China, Mexico, Japan, and Germany. The Gravity Model Most US trade is with its top 10 tradingpartners. Other Factors Influencing Trad
Berkeley - ECON - 181
The Ricardian Model, Part 1Introduction AgendaThere are 2 broad theories to explain thepattern of international trade. Introduction1. Differences in labor, physical capital, naturalresources, and technology create productiveadvantages for countrie
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The Ricardian Model, Part 2The Ricardian Model Agenda The Foreign Country:The Foreign CountryOpportunity Cost, Relative Prices, and WagesAbsolute and Comparative AdvantageThe Pattern of TradeThe Gains from TradeRelative Wages after Trade Suppose
Berkeley - ECON - 181
The Ricardian Model, Part 3Misconceptions Agenda The Productivity/Competitiveness Argument Misconceptions about Comparative Advantage Free trade is beneficial only if a country is moreproductive than foreign countries. Comparative Advantage with Ma
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Heckscher-Ohlin Model, Part 1A Two-Factor Autarky Economy Agenda Assumptions:A Two-Factor Autarky Economy.Production PossibilitiesGoods PricesFactor Prices and Factor LevelsGoods Prices, Factor Prices, and Factor Levels Only 2 countries: Home and
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Heckscher-Ohlin Model, Part 2Resources and Outputw/r Agenda: Resources and Output Effects of International Trade Relative Supply, Relative Demand, Relative Prices The Pattern of Trade Trade and the Distribution of IncomePC / P FT/L12Resources
Berkeley - ECON - 181
Heckscher-Ohlin Model, Part 3Factor-Price Equalization Agenda: Without trade, Factor-Price Equalization labor-abundant Home has a lower relative price ofcloth than land-abundant Foreign, and Short-Run Income Distribution Trade and Income Inequalit
Berkeley - ECON - 181
The Specific Factors Model, Part 1Introduction1. Introduction to the Specific Factors Model What is a Specific Factor?2. Assumptions of the Model The specific factors model recognizes that thereare factors of production that are permanently tiedto
Berkeley - ECON - 181
The Specific Factors Model, Part 2Changes in Prices3. An Autarky Economy What happens to the allocation of labor and thedistribution of income when there is:Changes in Absolute and Relative Prices An Equal Proportional Change in Prices?4. A Trading
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The Standard Trade Model, Part 1Introduction1. Introduction2. The Standard Trade ModelThree different models have been developed:1. The Ricardian model.a. Production Functions, Production Possibilities,and Relative Supplyb. Community Indifference
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Standard Trade Model, Part 2Economic Growth3. Economic Growtha.b.c.d.Economic Growth and the PPFDomestic Effects of Economic GrowthRelative Supply and the Terms of TradeInternational Effects of Economic GrowthThe effects of economic growth in a
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Standard Trade Model, Part 3Introduction5. Tariffs and Export Subsidiesa.b.c.d.e. A tariff is a tax on imports. The direct effect is to make imported goods moreexpensive inside a country than they are outside.IntroductionEffects of a TariffEf
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Economies of Scale, Part 1Introduction Introduction An analysis of trade based on economies ofscale has issues that have been avoided so far. Economies of Scale and Trade So far, markets have been assumed to be perfectlycompetitive. Market Structu
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Economies of Scale, Part 2Monopolistic Competition Monopolistic CompetitionMonopolistic Competition ModelMarket EquilibriumLimitations of the ModelMonopolistic Competition and TradeGains from an Integrated MarketScale Economies and Comparative Adv
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Economies of Scale, Part 3Theory of External Economies External Economies of Scale When economies of scale apply at the level ofthe industry rather than at the level of theindividual firm, they are called externaleconomies.The Theory of External Ec
Berkeley - ECON - 181
International Factor Movements, 1Introduction Introduction International trade involves the causes andeffects of the international exchange of goodsand services. International Labor MobilityA One-Good Model without Labor MobilityA One-Good Model w
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International Factor Movements, 2 International Capital Mobility Introduction Inter-Temporal Production Possibilities FrontiersIntroduction Saving (lending) and investment (borrowing)can be interpreted as a kind of trade orexchange in consumption g