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