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saeson when there is jobs or lack of manpower for the available jobs
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What are some of the basic principles of business economics?
The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.
What is the plural for economics?
Economics is a collective term. It is used in the singular.
How is the term 'labor' defined in economics?
Labour economics seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. It is an important subject because unemployment is a problem that affects the public most directly and severely. Full employment (or reduced unemployment) is a goal of many modern governments. There are two sides to labour economics. Labour economics can generally be seen as the application of microeconomic or macroeconomic techniques to the labour market. Microeconomic techniques study the role of individuals and individual firms in the labour market. Macroeconomic techniques look at the interrelations between the labour market, the goods market, the money market, and the foreign trade market. It looks at how these interactions influence macro variables such as employment levels, participation rates, aggregate income and Gross Domestic Product. source: wikipedia.
Concepts of an economist named Sicat?
Dr. Gerardo P. Sicat is Professor Emeritus of the University of the Philippines-School of Economics (UP-SE). He authored textbooks in Economics and Macroeconomics that are being used in universities and colleges in the Philippines. He also wrote books and papers on offshore banking, taxation, labor issues, and other relevant topics.
What may inflation be defined as?
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.(In practice, the term monetary inflation is used to specifically refer to an increase in the money supply.)
What are some of the basic principles of business economics?
The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.
What is the plural form of Economics?
Economics... when used with a plural verb. For example, 'what are the economics of such a venture?'
What is the plural for economics?
Economics is a collective term. It is used in the singular.
What is an isquant in economics?
Is the term used in economics which means Indifferent curves.
Is a grocery store laser considered capital replacement of human labor in economics?
Capital is a physical asset that can be used to produce goods or service. So a laser in a store is classed as capital.
The system of indentured labor used during the colonial period had what effects?
It delayed the establishment of slavery in the South until about 1750
How is the term 'labor' defined in economics?
Labour economics seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. It is an important subject because unemployment is a problem that affects the public most directly and severely. Full employment (or reduced unemployment) is a goal of many modern governments. There are two sides to labour economics. Labour economics can generally be seen as the application of microeconomic or macroeconomic techniques to the labour market. Microeconomic techniques study the role of individuals and individual firms in the labour market. Macroeconomic techniques look at the interrelations between the labour market, the goods market, the money market, and the foreign trade market. It looks at how these interactions influence macro variables such as employment levels, participation rates, aggregate income and Gross Domestic Product. source: wikipedia.
Why is micro economics used in business decision making?
economics relevance to business organisation
What did ancient egyptians use for money?
They used debens, but not until the late period. Before that, they traded with food, material wealth, labor, etc.
Concepts of an economist named Sicat?
Dr. Gerardo P. Sicat is Professor Emeritus of the University of the Philippines-School of Economics (UP-SE). He authored textbooks in Economics and Macroeconomics that are being used in universities and colleges in the Philippines. He also wrote books and papers on offshore banking, taxation, labor issues, and other relevant topics.
What may inflation be defined as?
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.(In practice, the term monetary inflation is used to specifically refer to an increase in the money supply.)
What is the scope of managerial economics in the field of engineering?
costs:- technology has multi-dimensional impact on costs, one hand technology determines what combination of various factor is to be used e.g capital -intensive technology or labor intensive technology
