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Capital Structures: Vectorizing the Harrod-Domar Model in Macro-Economics  [PDF]
Frederick Betz
Theoretical Economics Letters (TEL) , 2018, DOI: 10.4236/tel.2018.812170
Abstract: The epistemological status of economic theory is either as an idealistic pre-scription or a depiction of a factual reality in context. We examine the reality of the macro-economic model of Harrod-Domar in the context of the Japa-nese, Korean and American economic history. Empirically, one sees that the model remained ideal but incomplete in fact. The capital structures in an economy determined whether capital flowed ideally or otherwise. This is a cross-disciplinary research approach combining the economic perspective with the management perspective in the disciplines of the social sciences.
Study on Teaching Reform of Macro-Finance Curriculum: Public Finance, Financial Economics and International Finance  [PDF]
Ping Li, De’an Gan, Shiyan Li
Creative Education (CE) , 2015, DOI: 10.4236/ce.2015.620229
Abstract: Financial discipline has two branches, macro-finance and micro-finance. Compared with the micro-finance, macro-finance theory is featured by stronger comprehensiveness, which increases teaching difficulties. With the development of macro-economic, financial theories continuously innovate and students’ knowledge structure plays a more important role in teaching. By integrating the courses, a knowledge chain can be formed, which makes it easier for students to solve financial problems. Meanwhile, this paper proposes a series of methods to improve the teaching effect, including inheritance and innovation of traditional lecture, case analysis assisted by videos, spot investigation, positive scene simulation and knowledge structure graph. In addition, strengthening review lessons and the application of MOOC is advisably.
MEZZO ECONOMICS ANALITYCAL APPROACH AS THE PROPULSIVE PART OF MANAGERIAL ECONOMICS IN TOURISM  [PDF]
Kozuharov, Saso
UTMS Journal of Economics , 2011,
Abstract: Mezzo Economics covers the area between the Micro and Macro Economics and the organizational approach of the economics of the integral economic communities, which are made of microeconomic entities. Mezzo Economics represents an organizational loop between the Macro economic system and Micro Economics. Tourism industry is a typical represent of Mezzo Economics.Mezzo Economics Analytical Approach represents a compositional and methodological approach that make constitution of the basic and derived segments of economics in general and special statistical methodology but its specifics consists on the level that make generalization of generated calculative indicators (in Tourism).Marginal analysis are incorporated changes of the value of the choice of the level of small (infinitesimal) amounts in order to consider whether the functions of the aim is possible to be increased (in case of maximalization) or decreasing (in case of minimalization) in which the manager continues with upgraded adjustments in the variable choice until the moment when there is no possibility for further enhancing.
Updating Probabilities  [PDF]
Ariel Caticha,Adom Giffin
Physics , 2006, DOI: 10.1063/1.2423258
Abstract: We show that Skilling's method of induction leads to a unique general theory of inductive inference, the method of Maximum relative Entropy (ME). The main tool for updating probabilities is the logarithmic relative entropy; other entropies such as those of Renyi or Tsallis are ruled out. We also show that Bayes updating is a special case of ME updating and thus, that the two are completely compatible.
About Updating  [PDF]
Philippe Smets
Computer Science , 2013,
Abstract: Survey of several forms of updating, with a practical illustrative example. We study several updating (conditioning) schemes that emerge naturally from a common scenarion to provide some insights into their meaning. Updating is a subtle operation and there is no single method, no single 'good' rule. The choice of the appropriate rule must always be given due consideration. Planchet (1989) presents a mathematical survey of many rules. We focus on the practical meaning of these rules. After summarizing the several rules for conditioning, we present an illustrative example in which the various forms of conditioning can be explained.
Open Access Economics  [cached]
Joseph Gelfer
Journal of Men, Masculinities and Spirituality , 2009,
Abstract: Open Access Economics
Health Economics in Radiology Departments
Shahram Tofighi
Iranian Journal of Radiology , 2010,
Abstract: Economics and management are disciplines which are theoretically interdependent and highly intercalated in practice. The manager develops main policies, values, goals and guidelines and at the same time suggests different ways achieving the objectives. The economist suggests the most efficient and effective way. As a matter of fact, there is no institution, for- or non-for-profit, in the world having no concern on economic and financial issues. While all institutions consider cost containment and revenue increase approaches, employing rational and mathematical techniques would be inevitable; systematic and approved tools and logics, undoubtedly would lead better results. The economics, having structured and logical framework, can handle these issues properly. In the economics, providers' and consumers' behaviors are analyzed, seeking the optimum points for demand and supply, and price. The health sector's leaders and policy makers are supposed to develop a situation appropriate for resource-directed and needs-driven behaviors, using legal, financial and other control knobs, the behaviors that eventually end distributive and utility equity in health services. "nAchieving equity in distribution of facilities concomitant with equity in availability and equity in utility are the main concerns of the people and the leaders of the societies. In addition, affordability of the health costs for the majority of the community, and financing for supposed services have led the policy makers to search for cost containment approaches, and some kind of rationing of the services. "nHealth economist deals with applying the two level economics in radiology departments. Micro-economics at the level of institutions, which discusses regulating processes and decisions in order to minimize the expenditures and maximize the revenues via a variety of initiatives, such as customer satisfaction and motivated staff, improving the processes, and reducing the wastes. In macro-economics level, at the level of nation, the issues such as clinical guidelines, benefit packages, health technology assessments, equity in distribution of facilities, equitable accessibility as needed (no less and no more), affordability of health expenditures for individuals, insurance com-panies, and government are being discussed."nSometimes micro- and macro-economic issues are in confliction, though their interests at institutional level, i.e. X-ray departments, sonography offices, CT-scanning and MRI centers, are opposed to clinical guidelines and rationing planned and enacted by the governments at nationa
Natural Economics  [PDF]
Louis Mello
Computer Science , 2006,
Abstract: A few considerations on the nature of Economics and its relationship to human communities through the prism of Self-Organizing-Systems.
Health economics or Health Care economics?
Cardoso,Cláudia;
Tékhne - Revista de Estudos Politécnicos , 2008,
Abstract: arrow (1963) started the discussion about health care markets. however, grossman (1972) was who presented a model of demand for health, showing that the relevant social concern was health, not health care. both arrow and grossman defended that health care is just one of the variables that explain health. despite starting from the same premise, they followed different approaches. it is discussed if the discipline usually called ?health economics? is mainly health economics, or mainly health care economics; and if we can trace a precise distinction. the conclusion is that the separation exists and that, in the last decades, the health care economics had dominated the research.
The Economics of Resource and Environmental Management The Economics of Resource and Environmental Management
John A. Dixon
Revista de Análisis Económico (RAE) , 1990,
Abstract: The Economics of Resource and Environmental Management The Economics of Resource and Environmental Management
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