Economic theory is an abstract way of thinking that allows the development of principles, or tools, that can be used to study complex social issues.
경제 이론은 복잡한 사회적인 이슈를 연구하기 위해 사용될 수 있는 법칙이나 수단의 발전을 인정하는 추상적인 사고방식입니다.
6. The self-interest hypothesis is a very basic assumption of economic theo
1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
interest in Northeast Asia. During the cold war period, US held up the strategy of ‘containment and deterrence’ toward the Communist bloc and took their national security interest seriously. But after the end of cold war, they mapped out the ‘Strategy of Engagement’ and Enlargement to communist countries and placed their economic interest to priority.
This is why US couldn’t neglect
economic idiom among economists in Korea that is ‘No Failure in Real Estate Market,’ which was coined from 1970s. However, that idiom was getting familiar to the normal investors from the last government after Asian financial crisis. The idea made even single individual citizen be interested in the real estate market. In actually, the flow had got the power as time goes by, currently this ide
A case of interest rates rise, but bond prices fell.
Interest rate changes impact on bond prices in the different economic conditions.
Base interest rate raising when uneasily economic conditions can getting decline in market interest rates.
When market interest rates decrease bond prices has increases.
Therefore, when interest rates rise, sometimes the price of bonds rises.
In addition
1. Introduction
In 1999, the euro was introduced with the interests and expectations of the people around the world. Euro gave a many economic, social benefits to euro using countries as expected . With Euro's social, economic, status rising, many countries wanted to join the eurozone. Euro using countries had risen to 17 countries from 12 countries in 14 years. But high euro’s status began t
interest embodied in the goal for establishment of public enterprises that regulate the economy and achieve the development of all aspects of the national economy.
Public enterprise has both economic goals and goals of social and public. The economic goals that support social and public goals. Public enterprises are monopolies and pillar industries of economic development of such as electronics,
economic embargo - were closely interlocked with Hanoi's foreign relations. Vietnam's military conflicts with Kampuchea and China(1978-1979) led to massive defense spending, which in turn deepened the country's fiscal deficit and thus contributed to the inflationary spiral.
이것은 그 화제에 주목하는 것보다 더 가치 있게 나타난다. 하지만 1980년대 후반 베트남의
Robotics has been becoming more interesting to the masses with a rapid industrial development. Especially, the issue about human-robot interaction in the medical field emerges as an important factor by socio-economic perspectives. The purpose of this report is to examine introduction and acceptance of robot, the risks and usage for humans and socio-economic value. Now, many developed nation have
services sector than in industry. By contrast, growth in output and TFP in agriculture has slowed.
ⅱ) Macroeconomic policies
a) Monetary policy
8. The objectives of monetary policy in India are to maintain price stability and ensure adequate flow of credit to the productive sectors of the economy.
9. Once the inflationary pressure has risen, RBI(Reserve Bank of India) raise interest rates.