Sentences with phrase «fundamental economic problem»

In this episode I talk about overcoming the fundamental economic problem - how to prioritise what to spend your money and time doing as an author.

Included in the PowerPoint: a) Scarcity, Choice and Opportunity Cost - The Fundamental Economic Problem - The Meaning of Scarcity and the inevitability of choices at all levels (individual, firms, govt)- The basic questions of what will be produced ow and for whom - The Meaning of the term «Ceteris Paribus» - The Margin and Decision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors of Production - the rewards to the factors of production: land, labour, capital and enterprise - Specialization and division of labour d) Resource Allocation in Different Economic Systems and Issues of Transition - decision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam papers.

He was partly correct, but there was also a fundamental economic problem!

Not exact matches

The massive Central Bank intervention has largely removed the ability of the stock market to perceive fundamental problems developing in the financial and economic system.

The judgment was implicit that the continuing reign of economic goals constitutes a fundamental problem in contemporary America.

The extent to which any effort to revive or even maintain community in America without a fundamental change in the economic system is a problem we will consider in the next chapter.

Even in our own country, proud of its long heritage as the cradle of liberty and the land of the free, the issue of freedom, whether in the field of civil rights or of economic opportunity, is still the most fundamental problem of our time.

The importance of the power problem for Christian ethics derives both from the fact that power, whether economic, political, military, or spiritual, means capacity to determine life for good or ill, and from the fact that some fundamental redistribution of power is necessary as a condition of the freedom and dignity of men in their social relations.

It could be that there are economic and societal pressures — external pressures — putting a burden on their relationship, but the fundamental problem lies in the fact of sin, which has been given free reign.

Although Pius XII was influenced by the fundamental changes in economic theory initiated by Keynes, it was not until Pope John XXIII in 1961 published Mater et Magistra (Mother and Teacher) that a new methodology and the identification of the problem of «development» emerged, requiring substantial changes in the social teaching of the Church which were expressed in Pacem in Terris (Peace throughout the World) in 1963.

The fundamental problem with Clegg's «long - term» approach is an economic one - that there's not much evidence that rushed and large - scale deficit reduction is possible without seriously damaging consequences.

It goes back to the basic economic problem and even though this is not a heavy economics lesson in terms of learning graphs and lots of detail, for me this is one of the most fundamental issues that economist face..

However, a more fundamental problem is that you can not invest in all of a country's economic activity by investing in its stock market.

This is what we're heading for and whether or not you are a short term beneficiary of the current economic system, it would be wise to understand the fundamental root cause of economic turmoil and other global problems.

But, given the host of competing problems — a deep economic recession, the urgent need for health care reform, geopolitical instabilities in the Middle East and elsewhere, soaring federal debt, and so on — selling the electorate on a set of fundamental changes in the way we consume and produce energy in the short run — and congressional appropriators on making the large investments needed to bring these changes about in the long run — will be a tough task, even for Barack Obama and his newly appointed team of highly competent advisers, and a Congress that has given every indication that it will take up and give priority to climate legislation.

If the government insists on picking winners with subsidized technology programs, then nuclear strikes me as much more fruitfull, as it is already proven and close to economic and investment can be concentrated on marginal problems like waste disposal, rather than fundamental problems like «will this approach even work.»

A fundamental feature of Just Therapy is the attention paid to the broad cultural, gender, social, spiritual, economic and psychological contexts underlying the problems experienced by those with whom therapists work.