Economic development involves promoting economic growth, stability, and equity. It requires effective resource allocation, income redistribution, and roles of government and private sectors. Governments develop legal frameworks, promote competitiveness, allocate revenues to reduce inequality, and address externalities through subsidies and taxes. Income redistribution aims to narrow the wealth gap between rich and poor. Overall, economic development is achieved through balanced growth, macroeconomic stability, and inclusive policies.
Structural Changes and Problems of Economic Growth of the National Economyijtsrd
The article outlines the structural shifts and problems of economic growth, which are characterized by the presence of significant disparities between the most important structural elements and the predominance of regressive development trends in strategically promising basic sectors of the corresponding infrastructure. Mukhammedova Zarina Murodovna "Structural Changes and Problems of Economic Growth of the National Economy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46254.pdf Paper URL: https://www.ijtsrd.com/economics/other/46254/structural-changes-and-problems-of-economic-growth-of-the-national-economy/mukhammedova-zarina-murodovna
Macroeconomics deals with issues related to data that give summary descriptions of the economy of an entire nation.
It is that part of economic theory which studies the economy in its totality or as a whole. Macroeconomics is the study of aggregates and averages of the entire economy.
Such aggregates are national income, total employment, aggregate savings and investment, aggregate demand, aggregate supply general price level, etc.
Mechanism for Managing Financial Resources of Industrial Complexijtsrd
The article deals with the work of the financial resources management mechanism of the Industrial Complex. The main mechanisms of its work, due to which there is a favorable development of the organization, its stability, and financial sustainability. Golibjon Kuvvatov "Mechanism for Managing Financial Resources of Industrial Complex" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46297.pdf Paper URL: https://www.ijtsrd.com/economics/financial-economics/46297/mechanism-for-managing-financial-resources-of-industrial-complex/golibjon-kuvvatov
Structural Changes and Problems of Economic Growth of the National Economyijtsrd
The article outlines the structural shifts and problems of economic growth, which are characterized by the presence of significant disparities between the most important structural elements and the predominance of regressive development trends in strategically promising basic sectors of the corresponding infrastructure. Mukhammedova Zarina Murodovna "Structural Changes and Problems of Economic Growth of the National Economy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46254.pdf Paper URL: https://www.ijtsrd.com/economics/other/46254/structural-changes-and-problems-of-economic-growth-of-the-national-economy/mukhammedova-zarina-murodovna
Macroeconomics deals with issues related to data that give summary descriptions of the economy of an entire nation.
It is that part of economic theory which studies the economy in its totality or as a whole. Macroeconomics is the study of aggregates and averages of the entire economy.
Such aggregates are national income, total employment, aggregate savings and investment, aggregate demand, aggregate supply general price level, etc.
Mechanism for Managing Financial Resources of Industrial Complexijtsrd
The article deals with the work of the financial resources management mechanism of the Industrial Complex. The main mechanisms of its work, due to which there is a favorable development of the organization, its stability, and financial sustainability. Golibjon Kuvvatov "Mechanism for Managing Financial Resources of Industrial Complex" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46297.pdf Paper URL: https://www.ijtsrd.com/economics/financial-economics/46297/mechanism-for-managing-financial-resources-of-industrial-complex/golibjon-kuvvatov
A fantastic PPT on the introduction of macroeconomics. The PPT includes meaning and concept of macroeconomics, its importance, its scope and relationship between microeconomics and macroeconomics. Just download it and make your concepts stronger. Happy Learning !!
An introduction to macroeconomics www.brainwareuniversity.ac.inBrainware University
Macroeconomics covers the entire economy and not just parts of it. Thus, macro-economics is related to study of aggregates like total employment, total output, total consumption, total savings, total investment, national income, aggregate demand, aggregate supply, general price level, etc.
A fantastic PPT on the introduction of macroeconomics. The PPT includes meaning and concept of macroeconomics, its importance, its scope and relationship between microeconomics and macroeconomics. Just download it and make your concepts stronger. Happy Learning !!
An introduction to macroeconomics www.brainwareuniversity.ac.inBrainware University
Macroeconomics covers the entire economy and not just parts of it. Thus, macro-economics is related to study of aggregates like total employment, total output, total consumption, total savings, total investment, national income, aggregate demand, aggregate supply, general price level, etc.
Nuclear Energy: A Legacy of American Hypocrisyigmuska
Nearly finished with this work in progress, I am still waiting for certain statistics and maps from certain Native American groups. But even so, the lack of their material in no way detracts from the significance of this work.
Y como la apasionada y feroz líder de un grupo rebelde en los Wilds, Raven juega un importante papel en la fuerza de la Resistencia y entra en la vida de Lena en un momento crucial. Repleto de intensidad, Raven es una brillante historia contada en voz de uno de los personajes más fuertes y tenaces del mundo Delirium.
R. Villano - Storia Ordine di Malta: periodo di RodiRaimondo Villano
24. R. Villano “Tuitio Fidei et Obsequium Pauperum. Storia, spiritualità e sovranità nelle tradizioni e nella modernità del Sovrano Militare Ordine di Malta” con presentazione di Mons. Prof. Raffaele Ferriero, Penitenziere del Duomo di Napoli e Rettore della Chiesa di San Ferdinando di Napoli; con il patrocinio dell’Accademia di Storia dell’Arte Sanitaria e di Chiron dpt Hystart. Secondo S.E. Ven. Balì Gran Croce di Giustizia Fra’ Franz VON LOBSTEIN, già Gran Priore di Roma e Membro del Sovrano Consiglio del Sovrano Militare Ordine di Malta, “il libro si distingue per approfondita informazione e scorrevolezza di esposizione”. Apprezzato da numerose Autorità civili, religiose e melitensi, tra cui: il Capo dello Stato, il Santo Padre, S.A.R. il Principe e Gran Maestro del SMOM, vari regnanti d’Europa e Alti Prelati (Digitall, pag. 335, 1^ edizione feb 2008; 2^ ed. Pergamena, mar 2008; 3^ ed., pag. 360, Pergamena, dic 2008; 4^ ed., ISBN 978-88-904235-43, LCC DG 831, CDD 900 VIL tui 2008, pp. 390, Pergamena, ott 2009);
Elementos básicos para la producción de audio para la materia de "Apreciación musical y de sonido" para la licenciatura en comunicación de la Universidad Iberoamericana León.
Find out why and how working working your UX process from the content is a strategy that can lead to becoming a strategic design influencer with a seat at the decision table. It can also reduce UX churn in design due to lack of content at the start of design. Maybe most important, it can drive significant improvements in key metrics including end-user satisfaction.
TVA p3-01 CORE CONCEPTS for TRUE VALUE ACCOUNTINGPeter Burgess
True Value Accounting is based on CORE CONCEPTS from conventional money profit double entry accounting as well as from engineering thermodynamics, control theory and various scientific disciplines. Double entry accounting provides a powerful framework to account for impact on society (people) and environment (planet) as well as for the conventional money profit dimension of economics. When we start to number important things like quality of life and degradation of the environment as rigorously as we number everything that is in the money profit space, there will be significantly better performance and we will start to optimize for everything in the soci-enviro-economic system
TVA p301 CORE CONCEPTS for TRUE VALUE ACCOUNTING Peter Burgess
True Value Accounting is based on CORE CONCEPTS from conventional money profit double entry accounting as well as from engineering thermodynamics, control theory and various scientific disciplines. Double entry accounting provides a powerful framework to account for impact on society (people) and environment (planet) as well as for the conventional money profit dimension of economics. When we start to number important things like quality of life and degradation of the environment as rigorously as we number everything that is in the money profit space, there will be significantly better performance and we will start to optimize for everything in the socio-enviro-economic system
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
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
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.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
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”.
1. Chapter I: Economic Context
1.1 Introduction
• Starting the experience of savings, growth, stability,
employment and equity, economics is scientifically the
norm of leadership and solving problems of cross
cutting issues.
• Prof. Adam Smith (1723-90) said economics is one of
important social sciences indicating individuals and
society in their selections, and using scarce resources
to satisfy the human unlimited wants.
• Prof. Mc. Connell said economics is the study of
human behaviour in producing, distributing and using
scarce resources.
3. Adam Smith
(Classical Economists)
Mc. Connell
(Neo Classical Economists)
Selection Behaviour
Satisfy wants Producing and Distributing
Scarcity Scarcity
Demand Analysis vs Supply Analysis
Microeconomics is the study of consumers and
firms’ behaviour and interaction towards their
decision making
Macroeconomics is the study of whole economy
such as GDP, unemployment, inflation, International
Trade…
5. 1.2 Economic Systems
• Economic system = Allocated ways of distributing
resources and products based on national policy or
ideology or doctrines. It influences on forms of governing,
market structures, distribution and social norms. It passes
through:
– Traditional Economics is the processes of economic
management in early century to 16th century where industrial
revolution began.
– Modern Economics is the processes of economic management
covered the period of industrial revolution to the present. It
passes through:
• Planned Economies: states owned, managed and targeted markets
• Mixed System: government and private shared ownership,
responsibility and profit.
• Free Market Economies: privatization and competition
7. 1.3 Foundation of Macroeconomics
Macroeconomics lies within growing and stabilizing
economy, circulating flows of economy, governing
roles in economy, developing economy, trading
internationally, and globalizing economy.
F1: Economic Growth and Productivity
- Economic growth is the result of productivity
growth, economic roles of citizen (human capital),
and creative and effective resource uses towards
social and environmental harmonization. It can be
measured by Gross Domestic Product.
9. • The Production Possibility Frontier (PPF Curve)
indicates the all forms of goods and services can be
produces based on the existing resources and
technology (Explain in the Class).
• The PPF can be positively signaled by an increase in
demand, production efficiencies, and enabling
business environment.
• Sustainable Economic Growth is considered to be a
significantly dedicated effort made by the leading
government roles to deliver the positive economic
outcomes to their citizen and society as a whole to be
free from negative impacts of the high tights of
economic fluctuations.
• Prof. Pilzane Paulzer, New York University said the
next millionaires are Nutritionists and Technologists
11. F2: Stabilizing Macroeconomics
Macroeconomic stabilization can be achieved via the
stability of financial markets, balance of trade, and
social stability.
• Financial market stability reflects the government
efforts to stabilize the exchange rate, regularly
progress in financial investment, minimizing the
fluctuation of interest and inflation rates.
• Balance of trade is the efforts to gain equilibrium in
the export and import of goods and services among
the trade partners.
• Social stability is a collective social equity in terms of
employment, industrial relations, growing social
investment and social safety nets.
13. Discussion
• Why the government does attempt to reduce
inflation?
– Minimizing the effect of trade and business transaction
– Reducing on the heavy burden of expenditure on
consumption
– Minimizing the negative impact on production costs and
levels of unemployment
– Others……..
• Why the Central Bank do minimize the interest rates
on loan?
– Initial capital for investment
– Business expansion
– Increase in job creation
– Strengthening competition
14. Discussion
The poverty is our real enemy due to
- Poor of landlessness and wealth
- Poor of Unemployment
- Poor of inequality
Improvement of industrial relations will reduce
second and third poverty?
- Employability and Decent Working Conditions
- Wages and bargaining system
15. F3: Circular Flow of Economy
Circular flow of economy is a currently transferable
economic activity between agencies and institutions
which is necessary creating wealth and cash flows
through the demand and supply units.
• Private sectors represent an important partnership in
the free market economy such as enterprises,
institutions, firms, families in which there are
demanding production factors and supplying goods
and services.
• Public sectors are the major forces to foster the
economic flows through demanding goods and
services, collecting taxes and coordinating all
economic activities.
17. 17
Consumption Purchases
Goods and Services
Business SectorHousehold
Sector
Factor Services (Land, Labor,
Capital & Enterprise)
Factor Income (Rent, Wages, Interest
& Profit
Flow Chart 3.1
18. F4: Roles of Governments in Economy
Good public institution governances and economic
functions of the nation are important to accelerate
economic growth, and create jobs and social equity
as stated in the government policy.
• Developing legal and policy frameworks are the
core value for managing national economy, society,
and protecting the best interest of the people.
• Strengthening competiveness is an institutional
capacity building and promoting skill development
of the nation to produce better goods and services
for growing trade and economic activities.
20. • Resource allocation and income redistribution
are a systematic management of revenues and
expenditure to promote social equity and to
reduce vulnerability through:
– Transfer payment to poor and vulnerable persons for
their rehabilitation
– Market intervention to promote working conditions
and social harmonization
– Taxing on taxable persons or tax bearers, introducing
new types of tax, removing trade barriers, retargeting
tax for social justice and integrating globalization
– Taking actions on externality either market failure or
public goods to be free from the issues of negative
effects on environment, free-riding horse concept,
unfair business practices.
22. • Negative impacts of externality can be removed via
law enforcement and special taxes.
• Provisions of subsidies to consumers, producers and
state providers can also reduce the negative impacts
of externalities. These can encourage an increase in
demand and supply both public and private sectors.
• Income redistribution is the practice of turn-over
wealth and revenues from private to public sectors to
be aimed at reducing the gap between rich and poor,
unemployment and inflation.
Discussion: Ordering tax on commodities that can have
negative effect on environment, and luxury goods.
Note that although governments need votes from their
people in the democratic regime, their intervention
might be surplus or deficit or nepotism.
24. F5: Economic Development
Economic development is an application of economic
theories and methods to deal with development issues.
This can be done if we have discovered the challenges,
sources, and strategies of developing economy.
• Challenges in development are:
– Poverty and low income of citizen,
– Low education and skill,
– Weak in health, nutrition, and infant mortality rate
protection,
– Inadequate infrastructure
– Corruption and regime
– Socio-economic and investment conditions
26. • Sources of Development are:
– Human Capital
– Social Investment and Expenditure
– Resources and Environment
– Foreign Aid and Efforts to Be Financial Independent
State
• Development Strategies are:
– Promoting the Agricultural Development
– Fostering the Industrial Development and Forming
the New-Economic Streams
– Developing Export Opportunity and Import
Substitution
– Moving towards the System of Transparency,
Accountability and Purity
28. F6: International Business Environment
IBE refers to the management of cross-border business
operations or transactions under the competitive and
globalized environment.
• Major forces to challenges over globalization:
– Accelerating export promotion and trade balance,
– Promoting competitiveness and creative citizen,
– Strengthening legal and negotiation frameworks ,
– Entering the global and regional integration,
– Improving international trade policy, and
– Complying as UN member state and trade dispute
30. 1.4 Importance of Economics
• Economic theory can support analytical methods and right
decision making whether it is normative for economic
reasoning or positive for economic policies to grow,
stabilize, create jobs, and be social safety and equity.
• Economics is more larger scope for preparing learners to
be consultant, researcher, manager and economist or be
able to apply economic methodology (Indicators,
Modeling, and recommendation) contributing to expand
market sizes and trade, create more jobs, produce
agricultural and industrial products, establish rural society
productivity, flow investment, and promote development,
business law, property right and environmental
conservation.
32. 1.5 Economic Targets
• Analysis of Gross Domestic Product and Circular
Flow of Economy
• Unemployment and Labour Management
• Inflation and Financial Market Stability
• Economic Policy for Growth, Employment and
Equity
• Perspective Economic Policy, Foreign Policy and
International Trade Policy