Essays Tagged: "productive capacity"
Development Economics: Nature and sources of economic growth
Development Economics: Nature and sources of economic growthGrowth as an expansion of national productive capacity"»economic growth: increasing ability of nation to satisfy material wants o ... fy material wants of its people over period of time.*Economic growth involves expansion of national productive capacity."»Production possibilities curve: representation of nation's productive ca ...
Subjects: Social Science Essays > Economics > Development Studies
Briefing Paper on endogenous growth theory in connection of forth-coming meeting with CBI and a Treasury team.
re a number of basic assumptions underlying the neoclassical growth model.The first one is that the productive capacity of the economy can be adequately characterised by a constant return to scale pro ... edge and convention. Learning by doing is also an important source of knowledge. People become more productive and gain more skills by repeating the same task many times. However, there might occur so ...
Subjects: Social Science Essays > Economics
Macroeconomic Aims of a Government
an increase in the country's output over a period of time. This means there is an increment in her productive capacity hence a rise in national income. A high economic growth is desirable as it repre ...
Subjects: Social Science Essays
Sources of slow growth in African countries
kes place when there is either an increase in the national income of a country, or in the country's productive capacity, this productive capacity being the country' ability to generate national income ... ings has a negative effect in capacity building as LDCs have to import material in order to improve productive capacity. In short; exogenous shocks to a single primary product can affect the prospects ...
Subjects: Social Science Essays > Economics > Development Studies
Economic Growth: Politics or Policies Matter?
ienced a rapid economic growth over the last 40 years. Economic growth refers to an increase in the productive capacity of an economy.Japan was the first country to experience a rapid economic growth ...
Subjects: Businesss Research Papers
Discuss the goals of a firm and analyse the issues that impact on the ability of Australian firms to engage in external economies of scale.
units within the Australian economy. Their size, behaviour and performance impact upon the overall productive capacity. Firms contribute towards the growth of the economy with the production of goods ... of firms in an attempt to achieve economies of scale both internally and externally may be counter productive with transport bottlenecks. With increased production, more transport is to be employed m ...
Subjects: Social Science Essays > Economics > Development Studies
Economic Growth
policies to achieve sustainable economic growthEconomic Growth refers to an increase in a country's productive capacity as measured by changes in real GDP (over time) (Usually a year). It allows count ...
Subjects: Social Science Essays > Economics > Development Studies
Investment and Saving
capital. In a developing country like Pakistan, where population is growing at a fast pace, and the productive capacity of the economy is low, there is urgent need for accelerating investment to achie ... socio-economic objectives of national economic policy is constrained by the growth of the country's productive capacity which in turn largely depends on the reasonable rate of real investment. The mos ...
Subjects: Social Science Essays > Economics > Foreign & International Economics
AUSTRALIA: DISTRIBUTION OF INCOME & WEALTH
her incomes and so higher EG* Encourage entrepreneurs to accept more risks – vital to increase productive capacity•Economic Costs:* Inequality can reduce EG* Reduces consumption & invest ...
Subjects: Social Science Essays > Economics
Economic Activity and Australia (hand written notes)
nemployment reaches its lowest level and inflation is high. Occurs when economy is stretched to its productive capacity; where there is full employment of resources and a nation is actually outside of ... l private businesses in the economy which produce good and/or services to consumers. Businesses buy productive resources from the household sector. Firms are always attempting to maximise profits by m ...
Subjects: Social Science Essays > Economics
Managing People in the Public Service
n 2004) is 'managing people within the employer-employee relationship' and involves marshalling the productive capacity of an organisation's members. This paper works to examine the experience of publ ...
Subjects: Law & Government Essays
International Business: Microsoft Case Study .
iven as "Firm's policy or strategy guided by market trends and customer needs instead of the firm's productive capacity or current products."Narver and Slater (1990) defined market orientation as "a b ...
Subjects: Businesss Research Papers > Case Studies