Saturday, 15 May 2010

Unemployment and Inflation-HADIZA

This lecture focuses on the rate and nature of unemployment,it involves two things,the claimant and the standardised unemployment.Also looking at the duration of unemployment which is the inflow and out flow from the stock of unemployment,it shows people from jobs,from outside the labour office and To jobs.
The phase of the business cycle is also included.Also the composition of unemployment and the cost of unemployment.

Balance Of Payments and Exchange Rates-HADIZA

Balance of payments accounts are records of transactions of the economy accounts.the currents accounts deals with records of trade in goods and trades in services,that is the visible and invisible balance.Secondly.the capital involve investments in another country,which has to pass through the border.Also the financial and portfolio investments,there are also some financial derivatives.

The overall balance of payments,thoeratically is suppose to end at zero but when all the accounts added we some up with net errors and emissions.if balance of payments balances we only have to worry about the components.

Aggregate Demand and Supply Curve-HADIZA

This lecture talks about the aggregate demand curve,which is another name for income.it looks at income from a different perspective,there is connection between the demand and supply curve,the higher the price the lower the demand.There are reasons basically,why the aggregate demand curves slope downwards,which are the import effect,the interest rate effect and saving effect,whereas the aggregate supply curve generally slope upwards.

Tuesday, 11 May 2010

Balance of Payments and Exchange Rates Wang wenjing

Balance of payments and exchange rates account reflects a period of time a country of all economic transactions with foreign income and expenditure flow meter. It is a country with other countries in the process of economic and technological exchanges occurred in trade, non-trade, capital transactions and the actual dynamic reserve assets recorded by the system is an important tool for the international balance of payments accounting. Through the international balance of payments can be consolidated to reflect a country's international balance of payments position, revenue and expenditure structure and increase or decrease in reserve assets changes, for the development of foreign economic policy, analysis on the basic economic factors of international balance of payments, to take corresponding provide the basis for regulatory measures, and other accounting related to foreign parts of the table to provide basic information. Balance of payments and exchange rates is a statistical table, which records a particular form, sorting the balance of payments of a country or region details.

Monday, 10 May 2010

Lecture 3:Balance of Payments and Exchange Rates -- Cathy

The balance of payments accounts are including the different aspects of content.
● Meaning of the balance of payments.
● The current account (trade in goods and services).
● The capital account.
● The financial account.
─ Investment (direct and portfolio).
─ Other financial flows (mainly short term).
─ Financial lerivatives.
─ Flows to and from reserves (offical balance).
● Overall balance of payments.
● If the balance of payments always balance, why do we worry about it? The answer is that we only worry about the components of the balance of payment.
● The current account.
─ The story is tells about our economy. For example, the success of manufactures versus services.
─ The contribution it makes to aggregate demand. For example, export led growth.
● The capital or financial account.
─ Particularly increases.
─ Decreases in debt.
● The reserves of gold and foreign exchange.

Balance of payments and exchange rates -----Eileen 07/05/2010

The balance of payments accounts are a record of the international transactions of the economy .the current account records trade in goods and services as well as transfer payments. The capital account in goods records purchases and sales of asserts.
The overall balance-of-payments surplus is the sum of the current and capital accounts surpluses. If the overall balance is in deficit, we have to make to us. The foreign currency for making these payments is supplied by central banks.
Partically increases/decrese in debt the reserves of gold and foreign exchange money inflows economy.
The capital account include the financial account such as investment,direct ,protifillio(save money need investment)other financial flows (main short term)bring money .and financial derivatives (cash market ,you pay cash to today)and in vestment ,flow to and from reserves (official balance).

Monday, 3 May 2010

Aggregate Demand and Supply--Cathy

The aggregate demand curve inclued four aspects of content:
  • Employment (employer and employee)
  • Income (demand and supply)
  • Inflation
  • Payment (balance of payment)

Now, I will talking about income. At the same time, we have some things to think.

The first thing is income and why aggregate demand curves slope downwards? Because of import effect (Y=C+I+G+X-M), The second reason is that interest-rate effect (if price level goes up, the income goes down), the third reason is that savings effect (if price goes up, people choose savings more, it is lead to spent less and worse less).

Another thing is that the aggregate supply curve. At the same time, we are also need to think about that why eggregate supply aurve generally slope upwards ? If price going up everywhere, we have more advantage or disadvantage.