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econdev

econdev
37問 • 1年前
  • Samantha Ford
    • 通報

    問題一覧

  • 1

    coexistence of two situations or phenomena that are mutually exclusive to different group or society

    dualism

  • 2

    self reliance also known as

    autarky

  • 3

    called for free markets and the dismantling of public ownership, statist planning, and government regulation of economic activities

    neoclassical counterrevolution

  • 4

    reason for underdevelopment

    corruption, inefficiency, lack of economic incentives

  • 5

    give the 3 component of neoclassical counterrevolution

    free-market analysis, theory ( new political economy approach), market friendly approach

  • 6

    Theoretical analysis of the properties of an economic system operating with free markets, often under the assumption that an unregulated market performs better than one with government regulation.

    free-market analysis

  • 7

    self-interest guides all individual behavior and that governments are inefficient and corrupt because people use government to pursue their own agendas.

    theory ( new political economy approach )

  • 8

    The notion historically promulgated by the World Bank that successful development policy requires governments to create an environment in which markets can operate efficiently and to intervene only selectively in the economy in areas where the market is inefficient.

    market friendly approach

  • 9

    who propose o ring theory of economic development

    michael kremer 1993

  • 10

    The key feature of this model is positive assortative matching people with similar skill levels work together.

    o ring theory of economic development

  • 11

    tasks of production must be executed proficiently together in order for any of them to be of high value.

    o ring theory

  • 12

    The name comes from the

    1986 Challenger shuttle disaster

  • 13

    a catastrophe caused by the failure of a single O-ring

    challenger shuttle disaster

  • 14

    five major assumptions of o ring

    firms are risk neutral, labor markets are competitive, workers supply labor inelastically, workers are imperfect substitutes for one another, there is a sufficient complementary of task

  • 15

    is the measure most commonly used by economists.

    personal or size distribution of income

  • 16

    The distribution of income according to size class of persons—for example, the share of total income accruing to the poorest specific per- centage or the richest specific percentage of a population— without regard to the sources of that income.

    personal or size distribution of income

  • 17

    like to arrange all individuals by as- cending personal incomes and then divide the total population into distinct groups, or sizes.

    Economists and statisticians

  • 18

    20% proportion of any numerical quantity. A population divided into quin- tiles would be divided into five groups of equal size.

    quantile

  • 19

    A 10% portion of any numerical quantity; a popu- lation divided into deciles would be divided into ten equal numerical groups.

    decile

  • 20

    dis- proportionate distribution of total national income among households.

    income inequality

  • 21

    is a measurement of the ratio of income going to the highest-earning households (usually defined by the upper 20%) to income going to the lowest-earning households

    kuznets ratio

  • 22

    who is the economist of kuznets ratio

    simon kuznets

  • 23

    A graph depicting the variance of the size distribution of income from perfect equality

    lorenz curve

  • 24

    refers to the difference between the rich and poor, the haves and have-nots - it is shown by people's different positions within the economic distribution - wealth, pay, and income.

    inequality or economic inequality

  • 25

    refers to the state or condition in which people or communities lack the financial resources and essentials for a minimum standard of living. As such, their basic human needs cannot be met.

    poverty

  • 26

    A graph depicting the variance of the size distribution of income from perfect equality. The farther the lorenz curve the higher is the inequality while the nearest the curve the inequality is lower

    lorenz curve

  • 27

    A graph reflecting the relationship between a country's income per capita and its inequality of income distribution.

    kuznets ratio

  • 28

    (sometimes called the Pigou-Dalton principle after its creators)

    transfer principle

  • 29

    It states that, holding all other incomes constant, if we transfer some income from a richer person to a poorer person but not so much that the poorer person is now richer than the originally rich person), the resulting new income distribution is more equal.

    Transfer principle

  • 30

    Simply means that our measure of inequality should not depend on who has the higher income; for example, it should not depend on whether we believe the rich or the poor to be good or bad peonie

    The anonymity principle

  • 31

    Principle means that our measure of inequality should not depend on the size of the economy or the way we measure its income; for example, our inequality measure should not depend on whether we measure income in dollars or in cents or in rupees or rupiahs or for that matter on whether the economy is rich on average or poor on average - because if we are interested in inequality, we want a measure of the dispersion of income, not its magnitude (note that mapnitudes are verv important in poverty measures

    Scale independence

  • 32

    Somewhat similar; it states that the measure of inequality should not be based on the number of income recipients. For example, the economy of China should be considered no more or less equal than the economy of Vietnam simply because China has a larger population than Vietnam

    The population independence principle

  • 33

    Resources or inputs required to produce a good or a service, such as land, labor and capital

    factors of production

  • 34

    distributed by function

    income

  • 35

    give the 2 policy of economics

    fiscal, monetary policy

  • 36

    give the types of fiscal policy

    power to tax, power to spend, power to lend money, power to borrow money

  • 37

    types of monetart policy

    interest rate

    • uself

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    問題一覧

  • 1

    coexistence of two situations or phenomena that are mutually exclusive to different group or society

    dualism

  • 2

    self reliance also known as

    autarky

  • 3

    called for free markets and the dismantling of public ownership, statist planning, and government regulation of economic activities

    neoclassical counterrevolution

  • 4

    reason for underdevelopment

    corruption, inefficiency, lack of economic incentives

  • 5

    give the 3 component of neoclassical counterrevolution

    free-market analysis, theory ( new political economy approach), market friendly approach

  • 6

    Theoretical analysis of the properties of an economic system operating with free markets, often under the assumption that an unregulated market performs better than one with government regulation.

    free-market analysis

  • 7

    self-interest guides all individual behavior and that governments are inefficient and corrupt because people use government to pursue their own agendas.

    theory ( new political economy approach )

  • 8

    The notion historically promulgated by the World Bank that successful development policy requires governments to create an environment in which markets can operate efficiently and to intervene only selectively in the economy in areas where the market is inefficient.

    market friendly approach

  • 9

    who propose o ring theory of economic development

    michael kremer 1993

  • 10

    The key feature of this model is positive assortative matching people with similar skill levels work together.

    o ring theory of economic development

  • 11

    tasks of production must be executed proficiently together in order for any of them to be of high value.

    o ring theory

  • 12

    The name comes from the

    1986 Challenger shuttle disaster

  • 13

    a catastrophe caused by the failure of a single O-ring

    challenger shuttle disaster

  • 14

    five major assumptions of o ring

    firms are risk neutral, labor markets are competitive, workers supply labor inelastically, workers are imperfect substitutes for one another, there is a sufficient complementary of task

  • 15

    is the measure most commonly used by economists.

    personal or size distribution of income

  • 16

    The distribution of income according to size class of persons—for example, the share of total income accruing to the poorest specific per- centage or the richest specific percentage of a population— without regard to the sources of that income.

    personal or size distribution of income

  • 17

    like to arrange all individuals by as- cending personal incomes and then divide the total population into distinct groups, or sizes.

    Economists and statisticians

  • 18

    20% proportion of any numerical quantity. A population divided into quin- tiles would be divided into five groups of equal size.

    quantile

  • 19

    A 10% portion of any numerical quantity; a popu- lation divided into deciles would be divided into ten equal numerical groups.

    decile

  • 20

    dis- proportionate distribution of total national income among households.

    income inequality

  • 21

    is a measurement of the ratio of income going to the highest-earning households (usually defined by the upper 20%) to income going to the lowest-earning households

    kuznets ratio

  • 22

    who is the economist of kuznets ratio

    simon kuznets

  • 23

    A graph depicting the variance of the size distribution of income from perfect equality

    lorenz curve

  • 24

    refers to the difference between the rich and poor, the haves and have-nots - it is shown by people's different positions within the economic distribution - wealth, pay, and income.

    inequality or economic inequality

  • 25

    refers to the state or condition in which people or communities lack the financial resources and essentials for a minimum standard of living. As such, their basic human needs cannot be met.

    poverty

  • 26

    A graph depicting the variance of the size distribution of income from perfect equality. The farther the lorenz curve the higher is the inequality while the nearest the curve the inequality is lower

    lorenz curve

  • 27

    A graph reflecting the relationship between a country's income per capita and its inequality of income distribution.

    kuznets ratio

  • 28

    (sometimes called the Pigou-Dalton principle after its creators)

    transfer principle

  • 29

    It states that, holding all other incomes constant, if we transfer some income from a richer person to a poorer person but not so much that the poorer person is now richer than the originally rich person), the resulting new income distribution is more equal.

    Transfer principle

  • 30

    Simply means that our measure of inequality should not depend on who has the higher income; for example, it should not depend on whether we believe the rich or the poor to be good or bad peonie

    The anonymity principle

  • 31

    Principle means that our measure of inequality should not depend on the size of the economy or the way we measure its income; for example, our inequality measure should not depend on whether we measure income in dollars or in cents or in rupees or rupiahs or for that matter on whether the economy is rich on average or poor on average - because if we are interested in inequality, we want a measure of the dispersion of income, not its magnitude (note that mapnitudes are verv important in poverty measures

    Scale independence

  • 32

    Somewhat similar; it states that the measure of inequality should not be based on the number of income recipients. For example, the economy of China should be considered no more or less equal than the economy of Vietnam simply because China has a larger population than Vietnam

    The population independence principle

  • 33

    Resources or inputs required to produce a good or a service, such as land, labor and capital

    factors of production

  • 34

    distributed by function

    income

  • 35

    give the 2 policy of economics

    fiscal, monetary policy

  • 36

    give the types of fiscal policy

    power to tax, power to spend, power to lend money, power to borrow money

  • 37

    types of monetart policy

    interest rate