Micro economy today - Study guides, Revision notes & Summaries

History of Political Thought- Midterm Who should rule? The people - They constitute the state, no one needs to revolt, fair Who should rule? The elderly - Experienced, safe-guard, tradition, risk averse Who should rule? The king/queen - Constitutes the state, decisive, birth-right, luck, sanctified by God/tradition, simple mechanism. Fundamental luck for birth-right into royalty Who should rule? The elected (president/cabinet)-excludes..? - Excludes the incompetent/inpopular, gives...

Economics summary principle of economics CHAPTER 1: Thinking like an economist. Economics: The study of how people make choices under conditions of scarcity and of the results of those choices for society. Scarcity Principle (no-free-lunch principle): Although we have boundless needs and wants, the resources available to us are limited. So having more of one good thing usually means having less of another. Hence the cliché, “there ain’t no such thing as a free lunch”, sometimes...

What are some examples of economic globalisation since the late 20th century? - ANSWER-- Trade in goods and services - Foreign direct investment i.e. firms outsourcing production overseas - multinational and transnational companies - Foreign portfolio investment i.e. trading of shares & bonds across national boundaries, development of global financial 'centres' e.g. City of London - Hot money flows - moving money balances overseas e.g. for tax avoidance, or to pursue higher interest rates ...

Sociology in Modules 6 th ed by Schaefer Test Bank Sociology in Modules, (Schaefer) Chapter 01 Understanding Sociology 1) The awareness that allows people to comprehend the link between their immediate, personal social settings and the remote, impersonal social world is called A) the sociological imagination. B) anthropology. C) a theory. D) verstehen. 2) Trying to understand why your roommate prefers a certain genre of music, over others, is an example of using one's A) cultur...

BMGT Bus5571Test Bank BS2 Questions and Answers latest updated 1 Student: 1. According to the opening case, the most important reason to assemble iPhones in China was due to: A. lower labour costs in China B. foreign exchange rates C. consumer preferences for foreign items D. the ability to scale production up and down E. tariffs and trade barriers 2. The trend toward a more integrated and interdependent global economic system that has been in place for many years is commonly re...

Sociological findings that point to increased individualism in U.S. society Divorce rates Individualistic religions How sociologists analyze the phenomenon of selfies More me than we More women selfies than men selfies How we pose, who we take selfies with, and why we do it says a lot about ourselves Be familiar with the different ways of combining service and learning [Sigmon's typology] and with the service-learning articles service-LEARNING is where LEARNING goals a...

Sociology in Modules 6 th ed by Schaefer Test Bank Sociology in Modules, (Schaefer) Chapter 01 Understanding Sociology 1) The awareness that allows people to comprehend the link between their immediate, personal social settings and the remote, impersonal social world is called A) the sociological imagination. B) anthropology. C) a theory. D) verstehen. 2) Trying to understand why your roommate prefers a certain genre of music, over others, is an example of using one's A) cultur...

Erik Erikson - ANSWER-known for his 8-stage theory of psychosocial development focusing on resolving successive identity crises Basic Trust Vs Mistrust (Erikson) - ANSWER-infants learn trust and develop a sense of safety through the consistency of the caregiver meeting their needs (birth to one year) Autonomy Vs Shame & Doubt (Erikson) - ANSWER-toddlers learn to do things for themselves through encouragement and support (1-3 years) Initiative Vs Guilt (Erikson) - ANSWER-preschoolers lea...

1 Instructor Manuals For Canadian Entrepreneurship And Small Business Management 11th Edition By Wesley Balderson 2 Supplemental Case Notes Thompson Greenhouse................................................................................................................................. 1 Robinson Test Prep Co .................................................................................................................................. 4 The Beach Buddy..................................

CSET SPANISH SUBTEST IV Questions With Correct Solutions CSET SPANISH SUBTEST IV 14th Amendment - ANS to the U.S. Constitution; amendment ratified in 1868 after the Civil War, declares in part: "No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protecti...