WHAT DO ECONOMISTS STUDY?
Economics deals with the management of resources
Scarcity: the central economic problem
the excess of human wants over what can actually be
WHAT DO ECONO
TURNER & WEICKGENANNT
ACCOUNTING INFORMATION SYSTEMS CONTROLS
CHAPTER 2 FOUNDATIONAL CONCEPTS OF AIS
Match the concept in list A with the appropriate definition in list B.
Business process (BP):
A set of structured and temporally connected activities or tasks
that are employed in an organisation/enterprise for producing
a certain service or product (i.e., activities are goal-ori
4.1 THE BUDGET CONSTRAINT
The budget constraint defines the set of
baskets that a consumer can purchase with a
limited amount of income.
Suppose a consumer, Eric, purchases only two
types of goods, food and clothing. Let x be the
THE THEORY OF DEMAND
5.1 OPTIMAL CHOICE AND DEMAND
THE EFFECTS OF A CHANGE IN PRICE
What happens to the consumers choice of food
when the price of food changes while the price
of clothing and the amount of income remain
constant? We have two way
Chapter 1: Preliminaries:
CHAPTER PREVIEW After reading and studying
this chapter, you will be able to:
Contrast the two main branches of economics
microeconomics and macroeconomics.
Describe the three main analytical tools o
AND THE CONCEPT
3.1 REPRESENTATIONS OF PREFERENCES
Basket : A combination of goods and services
that an individual might consume.
Consumer preferences tell us how an individual
would rank any two baskets, assumi
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Publications de lImprimerie Officielle de la Rpublique Tunisienne
A countrys tax regime is always a key factor for any business considering moving
into new markets. What is the corporate tax rate? Are there any incentives for
overseas businesses? Are there double tax treaties in place? Ho
2-Var. Models : applications
Introduction to E-Views
Creation of a workfile.
Entering the data manually.
Importing data from excel.
Using E-Views help.
State whether the following statements
are true, false, or u
REGRESSION MODELS : TWOVARIABLE
In these models, one variable, called the
dependent variable, is expressed as a
linear function of one or more other
variables, called the explanatory
In such models it is assu
IR Review Lecture
4 Types of Power
Compulsory: relations of interaction that allow direct
control of A over B (realist).
Institutional: indirect control of A over B, perhaps
through writing the rules of institutions (liberal
interdependence, liberal ins
DEMAND AND SUPPLY
2.1 DEMAND, SUPPLY, AND MARKET
Chapter 1 introduced equilibrium and
comparative statics analysis. In this chapter,
we apply those tools to the analysis of
perfectly competitive markets. Perfectly