ECONOMICS: A BASIC REVIEW
FILL-IN-THE-BLANKS FROM THE LIST BELOW
People have unlimited _, but society cannot meet all of these
because its _ are limited. This problem exists in all societies and
can be summed up in a single word: _. To deal wi
Equilibrium in the IS -LM model
The IS curve represents
equilibrium in the goods
Aggregate Demand II,
Applying the IS-LM Model
Y C (Y T ) I (r ) G
The LM curve represents
money market equilibrium.
M P L (r ,Y
Macroeconomics I. Antonio Zabalza. University of Valencia
Class 5. The IS-LM model and Aggregate
1. Use the Keynesian cross to predict the impact
a) An increase in government purchases.
b) An increase in taxes.
c) An equal increase in governm
1. Which of the following is not one of the four most common forms of unemployment defined by
ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD
(Department of Business Administration)
MANAGERIAL ECONOMICS (8522)
SEMESTER: SPRING, 2016
This packet comprises the following material:
2)Assignment no. 1 & 2
1. Consider the two-good, two-factor neoclassical production model with constant returns and
different factor intensities:
(a) x1 = F(L1,K1) (b) x2 = G(L2,K2)
(c) L1 + L2 = L (d) K1 + K2 = K.
The Role of the State in Economic Growth.
Erik S. Reinert
Norwegian Investor Forum, Oslo, and
SUM - Centre for Development and the Environment, University of Oslo.
The same principle, the same love of system, the same regard to the beauty of order, .frequ
Fundamentals of Islamic Economic System
By Dr. Muhammad Sharif Chaudhry
Enterprise and Entrepreneur
Forms of Organisation
Musharika or Shirkah
I- Enterprise and Entrepreneur
Enterprise, after land, labour an
Class Period _
Read the following introduction to Economics. Then answer the following questions by filling in the
appropriate word or words in the blanks.
Introduction to Economics
Throughout history every society has faced the fundamental
BOOK OF PROCEEDINGS VOL. I INTERNATIONAL CONFERENCE ON TOURISM & MANAGEMENT STUDIES ALGARVE 2011
TRAVEL MOTIVATIONS AND BEHAVIOUR OF TOURISTS TO A SOUTH AFRICAN
C. Van Vuuren
PhD student, North West University, Socio-Economic Impacts of Tourism, So
Humanities - Economics
Humanities - Economics
Economic knowledge and understanding Concepts and skills chart
This chart identifies and in some cases, elaborates the key concepts and skills in the standards.
I N F O R M AT I O N S H E E T S
What is the economy/economics?
Every trade has its own jargon, every specialism has its basic concepts. That also applies
to the sometimes very rarefied world of central banks. Yet even the everyday press
refers to GDP,
89-116 on Travel Web Site
The Influence of Travel Motivations and Social
Factors on Travel Web Site Usage among
Module 1: Introduction to micro economics
Why study economics-Micro economics, meaning,
types, scope, importance and limitations-the
problem of choice, scarcity and efficiency-Basic
problems of an economy-production possibility
Econ 101 Basic Economics
Economics is defined as the study of how we distribute resources.
Microeconomics is the study of the decisions of individuals, households, and businesses
in specific markets, whereas macroeconomics is the study of the overall func
IT Infrastructure and Emerging Technologies
Databases and Information Management
Telecommunications, the Internet, and Wireless Technology
Securing Information Syste