The Long Run

started at 9 am, I cleaned the department and actualized prices. More later, I helped consumers or others shop assistants and I sold products. Around 12 pm, I take my lunch time during 1 hour. Afternoon, I go back to work at 3 pm and I recommended clients to buy the products of compartiment. Sometimes, I reorganized department . At 3 pm, I stopped to work and I go back home. I was responsible and self sufficient. Assessment: Advantages: I learn the teamwork. I learn the shop assistant’s profession

The kite runner. Phone call from Rahim Khan. R: Amir Jan. A:Rahim Khan? R: it's kind of you to remember. I have missed you, Amir Jan. A: it's good to hear your voice. R: you should come home. A: home? (sighing) I don't know if now's such a good time. R: it's a very bad time, but you should come. There's a way to be good again, Amir. Back in time. Amir and Hassan. A: what are you doing here? H: come and sit Amir. A: you're wasting time here. The kite went the other way. H: it will

what to charge for the products and services that companies deliver. To maximise operating profit, companies produce and sell units as long as the revenue from an additional unit exceeds the cost of producing it. Learning Objectives Discuss the three major influences on pricing decisions Distinguish between short-run and long-run pricing decisions Describe the target-costing approach to pricing Distinguish between cost incurrence and locked-in costs Describe the cost-plus approach

Andrew Strong - Dark End of the Street Lyrics At the dark end of the street that is where we always meet hiding in shadows where we don't belong living in darkness, to hide alone You and me, at the dark end of the street You and me I know a time has gonna take it's toll we have to pay for the love we stole It's a sin and we know it's wrong Oh, our love keeps going on strong Steal away to the dark end of the street You and me They gonna find us, they gonna find us

and select the best response. Circle the appropriate letter of the response and fill in the corresponding circle on your answer sheet. 1. Which of the following is an explicit cost? a) The wages a firm pays to its workers. b) The opportunity cost of an owner/entrepreneur's time invested in the firm. c) The opportunity cost of the money the business owner/entrepreneur has invested in the firm. d) None of the above. 2. When parents’ own objectives include the best interests

What is a Keynesian Growth Model? Keynes’ model and Keynesian models were developed to explains business cycles: a short run phenomena As such they attribute a major role to aggregate expenditures (demand side) Regarding the supply side, they assume that there is unemployment: production responds fast to increases in aggregate demand because capital and labor is unemployed. Factors presents in Keynesian’s growth model Aggregate Demand, AD – AD = C + I + G + X-M – C, Consumption expenditures

characteristics of the developing economies: the unskilled wage is indexed in the manufacturing sectors, the capital in each sector is produced with imported machines and non-traded goods (e.g. construction), and the imported intermediates are used in production. In the long-run, for plausible parameter values, a tari® reduction increases the skilled wage relative to both the competitive and the indexed unskilled wage even when export-manufacturing sector is up to 35% more intensive in the use of the unskilled

|Strengths |Weaknesses | |Place/Market shares |One of the 3 leaders in the sporting goods market |The world leader is Nike, Adidas is only second. | |Growth |worldwide. |In the French running market, it has only 20,2% of | | |Its worldwide net sales are increasing since 1992. |market shares

Short-Run Dynamics of Inflation: Do Monetary and Exchange Rates Policies Matter? A VECM Analysis for Burundi Jean NDENZAKO[1] African Development Bank, Tunis, Tunisia Abstract Using the generalized impulse response analysis advocated by Pesaran and Shin (1998), this paper attempts to empirically investigate the importance of monetary factors in the dynamics of inflation in Burundi. To this end, we employ a vector error autoregression (VECM) model that incorporates as its endogenous variables:

Discussion Paper No. 0303 Purchasing Power Parity and the Impact of the East Asian Currency Crisis Louise Allsopp and Ralf Zurbruegg March 2003 University of Adelaide Adelaide 5005 Australia CENTRE FOR INTERNATIONAL ECONOMIC STUDIES The Centre was established in 1989 by the Economics Department of the Adelaide University to strengthen teaching and research in the field of international economics and closely related disciplines. Its specific objectives are: • • • • • • • to promote