Economic Growth refers to the expansion of a countries productive possibilities. Economic growth is measured by changes in real GDP. The level of increasing economic growth will determine, to a large extent, people's incomes and living standards in a country. Macroeconomic theory which involves the study of aggregate economic behavior (or economic activity in the economy as a whole) is used to analyse the main components of economic growth. Any changes made to the level of economic growth impact on the overall level of economic activity in producing business or trade cycles. ...

• Word Count: 2293
• Approx Pages: 9
• Grade Level: Undergraduate

In his thesis titled, "The Sacrificial Economy: On the Management of Sacrificial Sheep and Goats at the Neo-Babylonian/Achaemenid Eanna Temple of Uruk," Kozuh utilizes approximately 550 legal and administrative documents to analyze the temple's use and management of sacrificial animals. ...

• Word Count: 2449
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

The Economic Commission for Latin American (ECLA) was established and commenced operations in 1948. In 1984, ECLA expanded the scope of its work to include the region of the Caribbean and the organization's name was changed to the Economic Commission for Latin America and the Caribbean (ECLAC). ECLAC is one of the five regional commissions of the United Nations (UN) and includes 41 member states. It receives annual funding from the UN regular budget of approximately $35 million. The United States is a full member with voting privileges and provides 22 percent of the UN regular budget. ...

• Word Count: 1742
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Marxists economic geographers abandoned earlier spatial and regional methodologies and some researched the conflicts which had arisen between management and labour, most notably the 1972 and 1974 UK miners' strike (Wheeler, et al., 1998). ...

• Word Count: 1523
• Approx Pages: 6
• Grade Level: Undergraduate

Advantages of devaluation: Local savers may provide less costly funds; an important habit among clients and the public is rewarded Lower interest loans provide experience for MFI in borrowed funds Local banks become familiar with MSE (micro and small enterprise) potentials Access to larger sums more quickly based on track record Allows longer term projections than grants Provides a discipline similar to that of MSE clients Disadvantages of devaluation: Higher financial costs force organizational decisions and changes Substantial initial collateral requirements ...

• Word Count: 2476
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

Economic development and growth is sought after and important to the overall development of every country on this earth. Economic development is said to be a long term phenomenon which studies how economic circumstances change over time and how they can be made to change. While there is no scientific formula that itself measures the development of one country, development usually coincides with the economic growth of a country. Economic growth said to be the result of the improvements a country makes on four key areas. These area's are saving & investments, technology and labour, res...

• Word Count: 2348
• Approx Pages: 9
• Grade Level: Undergraduate