The Economic Times

of our time has been about the environment, whose quality is not indicated in the measure of GDP. Some scholars say that there is nothing wrong with our current natural ecosystem and that we should not worry, other scholars say that we should be more concerned about our environment today than we ever were. Many studies were done to validate both these hypotheses which left people divided, but it is always better to be safe than sorry. Economists have found the correlation between economic growth

Economic Costs Sexual violence has an economic cost for survivors as well as the community. Sexual violence increases health care costs, criminal justice costs, and other system costs, and lowers worker productivity. Studies have found that sexual violence and related trauma can disrupt a survivor’s employment, including needing time off from work, decreased job performance, job loss, and inability to work. Reducing earning power has long-term implications for a survivor’s economic well-being

Economics can be defined as the study of the efficient allocation of scarce resources. Scarcity, a basic concept of economics, states that society has an insufficient amount of productive resources to fill all human wants and needs. The federal government fits into all of this by guiding the overall pace of economic activity. They attempt to do so by to maintaining a steady economic growth, high levels of employment, and price stability. How they carry these actions out, however, depends on which

Allais' Economics Of all the pioneering economic work produced by Maurice Allais--which includes that in both theoretical and applied economics, market systems, pricing and investment--that which he is most renowned for and which played a principle role in his procuring the Noble Prize for economics in 1988 is his work that relates to monopolies, specifically those owned by the state. It was reported in the New York Times that at the time of his selection, "The five-member selection committee cited

in Pakistan by using time series data for the period between 1980 and 2000. Time series evidence shows that increase in exports has a significant effect on the economic growth of Pakistan in the previous two decades. This paper uses cointegration to check the causal relationship between export growth and economic growth in Pakistan. Granger Causality test shows that there is uni-directional causality between exports and economics growth in which running from exports to economic growth, it shows that

Economic growth indicates the positive change in real GDP and for the longest time, economists have successfully convinced the majority of people that economic growth should be sustained. As nations move further away from the poverty line, their standards of living tend to improve, which means that people are able to live longer and healthier lives. As a result, sustaining economic growth has become an incentive for people to become better economists, politicians, scientists, and engineers. Although

traditional and most widely referenced definition of economic development has long been that of wealth creation. ” This definition is not necessarily satisfying and immediately begs the question, “Well then, what is wealth creation?” A sophomoric explanation for wealth creation is simply the use of either labor or capital to make, produce or provide something of value as determined by another individual’s free choice. Thus, a more complex definition of economic development would, and should, be considered

to embody the American Dream. Throughout the play, set in Pittsburgh in 1936, Wilson traces the economic successes of several African-American characters, such as Boy Willie and Lymon. However, Wilson’s portrayal of this apparent progress conflicts with the true historical setting. The reality between 1877 and the 1930s was that social barriers, such as Jim Crow laws and sharecropping, precluded economic progress for most African-Americans. A few black Americans such as Madam Walker, an Indiana businesswoman

of the Requirements for ECON201 Macroeconomics Colorado Springs, Colorado March 2012 Introduction The economic growth is the process by which per capita income rises over time. Growth theory attempts to model and understand the factors that are behind this process. It is a particularly challenging area of research because growth is extremely uneven in space as well as in time. Over the past millennium, world per capita income increased thirteen-fold, from $435 per person per year around

between the 1500s and the 1800s is commonly regarded as the “Early Modern Era” of European history. This period directly follows the Middle Ages and ends around the time of the French Revolution, which thereafter the “modern” period seemingly begins. This specific era consists of profound and significant developments in Europe’s economic history and here we can see the beginnings of capitalism. This early modern period experienced important technological advances, the Protestant Reformation and the