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Why is human capital so important in the development process?
Explain human capital in terms of (the sum of) education/training/experience/ literacy etc, and clearly show how this will expand an economy s growth and development potential.
i.e. provision of tax bases public/merit goods health care re-investment etc.
Determine the industrial core of world economy The industrial core of world economy saw its level of material productivity and standards of living explode in the 19th and 20th
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Money market, labour market, goods market
discuss how the price mechanism allocate resources in a free market system
The most fundamental economic problem is scarcity.
what is externalities and market inefficiency
what is free market?
WHAT IA GMP
Area of Dominant Influence (ADI) The ADI is a geographic area made up of all over the world that receive signals from radio and television stations in a individual market.
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
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