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Schwartz Center for Economic Policy Analysis (SCEPA) and Department of Economics, The New School. Reinert, Kenneth A., and Joseph F. Francois, eds. Applied Methods for Trade Policy Analysis: A Handbook. Cambridge University Press, 1997. ISBN 9780521589970; Shoven, John and John Whalley (1984). "Applied General-Equilibrium Models of Taxation and ...
Within socialist economics, a sustained critique of general equilibrium theory (and neoclassical economics generally) is given in Anti-Equilibrium, [28] based on the experiences of János Kornai with the failures of Communist central planning, although Michael Albert and Robin Hahnel later based their Parecon model on the same theory. [29]
The exchange rate disconnect puzzle: The exchange rate disconnect puzzle, also one of the so-called real exchange rate puzzles, concerns the weak short-term feedback link between exchange rates and the rest of the economy. In most economies, the exchange rate is the most important relative price, so it is surprising, and thus far unexplained ...
In Brunei, the O-Level qualification is offered, with examinations conducted by Cambridge Assessment International Examinations (CAIE).. A number of subjects: English Language, English Literature, Bahasa Melayu (Malay language), Malay Literature, Islamic Religious Knowledge, Ulum al-Quran, Hafaz al-Quran, Tafsir al-Quran (Asas), History, Geography, Pure sciences (Physics, Chemistry and Biology ...
Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...
If the matrix is invertible then this is a linear system of equations with a unique solution, and so given some final demand vector the required output can be found. Furthermore, if the principal minors of the matrix I − A {\displaystyle I-A} are all positive (known as the Hawkins–Simon condition ), [ 6 ] the required output vector x ...
O-level logo. The General Certificate of Education (GCE) Ordinary Level, also called the O-level or O level, was a subject-based academic qualification.Introduced in 1951 as a replacement for the 16+ School Certificate (SC), the O-level would act as a pathway to the new, more in-depth and academically rigorous A-level (Advanced Level), in England, Wales and Northern Ireland.
The Singapore-Cambridge General Certificate of Education Ordinary Level (or Singapore-Cambridge GCE O-Level) is a GCE Ordinary Level examination held annually in Singapore and is jointly conducted by the Ministry of Education (MOE), Singapore Examinations and Assessment Board (SEAB) and the University of Cambridge Local Examinations Syndicate (UCLES). [1]