S F Leroy - principles of financial economics (2001)
Principles of Financial Economics (2001)
... endowments of
consumption goods. Because these production functions share most of the properties of utility
functions, the theory of allocation of productive resources is similar to that of consumption ... literature is to specify the asset span using the returns
on the securities rather than their payo s, so that the asset span is the subspace of R
S
spanned by
the returns o...
Schaum's easy outlines principles of economics
... curve. Ex-
plicit costs are the actual, out -of- pocket expendi-
tures of the firm to purchase the services of the
factors of production it needs. Implicit costs are the
costs of the factors owned ... pay for AF units of the commodity
(the area of AGCF) and what she actually pays for them (the area of
ABCF) is an estimate of this consumer s surplus (the area of triangle
BGC)...
Tài liệu Schaum''''s Easy Outlines - Principles Of Economics (Mcgraw Hill-2003) docx
... curve. Ex-
plicit costs are the actual, out -of- pocket expendi-
tures of the firm to purchase the services of the
factors of production it needs. Implicit costs are the
costs of the factors owned ... pay for AF units of the commodity
(the area of AGCF) and what she actually pays for them (the area of
ABCF) is an estimate of this consumer s surplus (the area of triangle
BGC)...
User’s perceptions and uses of financial reports of small and medium companies (SMCs) in transitional economies
... nghiên cứu sau.
Nhóm 9 11
Phương pháp nghiên cứu khoa học
“User s perceptions and uses of financial reports of small and medium companies
(SMCs) in transitional economies” là thật s cần thiết.
Đọc ... cung cấp thông tin
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CƠ S LÝ THUYẾT
Bài nghiên cứu đã dựa trên cơ s của một s lý thuyết sau:
- Lý thuyết “quyết định hữu ích” (decision usefulness theory): thuyết này
g...
Principles of private firm valuation
... divestitures of business
units that no longer fit with the firm s core business strategy.
MEASURING THE CONTRIBUTION
OF STRATEGY TO FIRM VALUE
Figure 2.1 shows that a firm s value is the sum of ... future assets is the domain of business strategy. How the
asset base is financed is the domain of financial policy. This discussion gives
rise to the first principle of managing for...
Ten Principles of Economics - Part 44
... the
form of goods and services rather than cash are called in-kind transfers. Standard
measurements of the degree of inequality do not take account of these in-kind
transfers.
Because in-kind ... PART SIX THE ECONOMICS OF LABOR MARKETS
ECONOMIC MOBILITY
People sometimes speak of “the rich” and “the poor” as if these groups consisted
of the same families year after year. In fac...
Ten Principles of Economics - Part 47
... income and substitution effects, the consumer in-
creases his purchases of Pepsi from 50 to 150 pints. Panel (b) shows the demand
curve that results from this consumer s decisions. In this way, the ... has no time for leisure. If she works a
normal 40-hour week, she enjoys 60 hours of leisure and has weekly consumption
of $2,000.
Figure 2 1-1 3 uses indifference curves to represent S...
Ten Principles of Economics - Part 49
... excluding
indirect business taxes (such as sales taxes) and
including business subsidies. NNP and national income
also differ because of a “statistical discrepancy” that
arises from problems in data collection.
◆ ... rates of infant mortality, higher rates of
GDP is not, however, a perfect measure of well-being. Some things that con-
tribute to a good life are left out of GDP. One i...
Ten Principles of Economics - Part 50
... capitalism is a
frustratingly elusive task.
“There is a serious problem with
post-socialist statistics,” said Yegor T.
Gaidar, the former Prime Minister and
pro-reform director of the Institute of
Economic ... uses data on the prices of thousands of goods and services. To see
exactly how these statistics are constructed, let s consider a simple economy in
which consumers buy only two...