Intro to Aggregate Supply content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics
Characteristics of AS
Intro to Aggregate Supply content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics
Characteristics of AS
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
1. Varunraj C. Kalse
https://www.it-workss.com/
Just like the law of demand, the law of supply also explains the qualitative relationship between price and
supply. Qualitative relationships do not reveal the complete picture. For instance, it helps only up to a
certain point to know that the quantity supplied as well as price move in the same direction. However, this
is incomplete information. Economists and decision makers needed to know the magnitude of this
movement. It is for this reason that they created this concept of price elasticity of supply.
In a way, the concept of price elasticity of supply is a mirror image of the concept of price elasticity of
demand. There are however, some minor differences which will be discussed i n this article. The elasticity
of supply is based on the seller’s willingness to change the quantity supplied at different prices. In this
article, we will look at this concept of elasticity of supply in a little bit more detail:
Concept: The definition of price elasticity of supply is as follows:
The measure of how much the quantity supplied of a good responds to a change in the price of that good,
computed as a percentage change in quantity supplied divided by the percentage change in price.
In simpler words, the idea is to look at how many percentage points does the supply change if the price
changes by 1%. Based on the law of supply it is assumed that the change will always be in the same
direction i.e. if price moves upwards, so does the quantity supplied and vice versa.
Calculation:
From the definition discussed above, we can derive the formula for price elasticity of demand as follows:
Price Elasticity of Supply = Percentage Change in Quantity Supplied / Percentage Change in
Prices
= (Q2-Q1) / Q1 * 100 / (P2-P1) / P1 * 100
Let’s consider an example for better understanding. Let’s say that for a given product X, the price earlier
was $2 and the units supplied were 400. Now, the price increased to $2.5 and the units supplied have
changed to 600. In this case, the calculation will be as follows:
= (600 - 400) / 400 * 100 / ($2.5 - $2) / $2 * 100
= 50% / 25%
= 2
In this case the interpretation is that a 1% change in price will lead to a 2% change in the quantity
supplied. As we can see here, that the elasticity of supply could range anywhere between negative infinity
to positive infinity. However in 95% of the cases, it will be restricted from negative 10 to positive 10.
In many markets as well as well as industries, the idea that the elasticity of supply remains the same
across the supply curve is not well received. There are economists who believe that suppliers react more
to price changes when they first happen and when they happen in large magnitudes. Hence, in these
cases elasticity may be computed at multiple points on the same curve to receive different elasticity
numbers.
In fact, the concept of elasticity has a major correlation with the shape of the supply curve. However,
discussing the same is beyond the scope of this article.
Only One Type: The price elasticity of supply looks at the market from the point of view of the supplier.
Hence, in almost all cases it is only sensitive to prices. It is not affected by factors such as income levels
2. Varunraj C. Kalse
of suppliers. Hence, we do not have such a concept as income elasticity of supply. Also, the supply of
one product is less likely to interfere in the quantity supplied of another product. Hence, cross elasticity of
supply is also not much of a consideration. Hence, unlike elasticity of demand where there are different
types possible, the elasticity of supply is more or less based on a single type.