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Unit 1: Trade Theory

Unit 1: Trade Theory

Unit 1: Trade Theory. Heckscher -Ohlin Model 2/3/2012. Heckscher -Ohlin Model. Trade occurs due to differences in resources. Countries have different relative abundance of factors of production. Production processes use factors of production with different relative intensity. .

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672 views • 50 slides
Equipment and Labor Sharing: a Risk Management Tool for Small and Medium-Sized Farmers

Equipment and Labor Sharing: a Risk Management Tool for Small and Medium-Sized Farmers

Equipment and Labor Sharing: a Risk Management Tool for Small and Medium-Sized Farmers. http://www.extension.iastate.edu/coops/workshops/. Sponsors. North Central Risk Management Agency Iowa State University Extension University of Missouri Extension. Purpose Flyers Brochures Registration

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586 views • 46 slides
Aggregate Demand, Aggregate Supply, and Inflation

Aggregate Demand, Aggregate Supply, and Inflation

Aggregate Demand, Aggregate Supply, and Inflation. The Aggregate Demand Curve. Aggregate demand is the total demand for goods and services in the economy. The aggregate demand (AD) curve is a curve that shows the negative relationship between aggregate output (income) and the price level.

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910 views • 34 slides
Objectives today

Objectives today

Objectives today. Discuss how potential sources of growth are used in theories of economic development. Economic Growth and Development Theories. Classical model Growth stage theories Dual economy models Dependency theories Exogenous growth theories Endogenous growth theories

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563 views • 23 slides
Objectives today

Objectives today

Objectives today. Discuss how potential sources of growth are used in theories of economic development. Economic Growth and Development Theories. Classical model Growth stage theories Dual economy models Dependency theories Exogenous growth theories Endogenous growth theories

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481 views • 23 slides

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