Special Report on
Business Studies Theory
Business Studies Theory - Trends
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Lawrence Summers starts out by comparing the foundations of Keynesian macroeconomic theory to that of astrological science. That is, both are “premised on the relevance of variables that are in fact irrelevant.” According to real business cycle economists, Keynesian economics didn’t explain the macro economy because it wasn’t based on microfoundations. As we have learned in class, RBC models are based off of utility maximization and profit maximization principles, which evolve at the microeconomic level. Summers brings Prescott’s “Theory Ahead of Business Cycle Measurement” into his ...
In this part of our guide to BUSS4 essay technique, I’ll suggest an acronym (PEE) which students may find effective in helping them build a well-constructed and argued essay. An effective essay builds an argument based around a series of coherent and linked paragraphs. But what should go into a good paragraph? How long should an effective paragraph be? That’s where the acronym PEE comes in handy. PEE stands for: P = PARAGRAPH MAKES A POINT E = EXPLANATION, EVIDENCE AND EXAMPLES E = EVALUATION Lets develop this a little further. PARAGRAPH MAKES A POINT Well ... Read More
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FE Case Studies - Jim Dick, System Training, talks about his CPD
Mamta Dhody Presents Forensic Psychology to Delhi University on 21-12-2005.