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What are UN Millennium Development Goals?
The UN Millennium Development Goals (MDGs):
These are a set of objectives shared through the IMF, the OECD and the World Bank (WB), and endorsed through most countries. In 2015:
• Poverty reduction: Halve hunger and poverty
• Education enrol all children into main school
• Gender equality, removing gender disparities into education
• Health: Decrease child mortality through two thirds and maternal mortality rates from three quarters. These combat HIV/Aids.
• Sustainable development: Make sure environmental sustainability and reverse the loss of environmental resources.
"Nearly all critics agree that consumers have the most benefits in a perfectly competitive market." Does the above statement apply to microeconomics or macroeconomics? Why? Think a
Explain the Gains from Trade of market. Producer Surplus, Consumer Surplus, Gains through Trade and Efficiency of Markets: Consumers and producers both are better off since
Consider an economy that produces only three types of fruit: apples, oranges & bananas. In the base year the production & price data are as follows: Fruit
Firm effects are more important the industry effects. What does this mean? Can you think of situations where this might not be true?
Briefly explain if you agree with the following statement: If interest rates rise, bonds become more attractive to investors, so bond prices rise. Therefore, when the interest rat
Differentiate between Nominal rate and real interest rates To distinguish the real interest rate from the "normal" interest rate, the latter is called the nominal interest rate
compare and contrast the monetarism economics and the keynesian economics
How can an economy achieve mutual gain from International Trade?
What is debt swept?
Money Supply and Monetary Policy All modern societies use money as the medium of exchange. Since money can be exchanged for goods and services it also becomes a financial asse
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