PPT-Lecture 1 Overview of the World Economy

Econ 340 Lecture 2 Institutions 2 Announcements We will start discussing news next week on Monday Sep 17 You should be watching for international economic news Be sure to register your clicker on the Canvas site for this course. The world economy has been witnessing a sliding trend in growth from 39 percent in 2011 to 31 percent in 2012 and 3 percent in 2013 The economic situation of major trading partners of India who are also the major source of our foreign capital inflow 1 Lecture Overview We ultimately wish to develop algorithms which are tailored to unconstrained optimization problems with nonsmooth objective functions constrained optimization problems problems with special structures In this lecture we examine non WORLD ECONOMY uneasiness with the Coase Theorem Samuelson * of Economics, MIT, E52-383-C, Cambridge, MA 02139-4307, USA of property rights - and how they are to be defined - has important economic i 1. Present Situation. 1.1 CO. 2. – emissions. 1.2 Reasons for rising CO. 2. – emissions. 2. Consequences of climate change . 3. Ways to stop ice cap melting . 3.1 Decarbonization of world economy and transport. Great Britain. Economy. Slows after 1979. Government. First moved to welfare state, and then toward privatization. Welfare state – a government keeps most features of a capitalist economy but takes greater responsibility for the social and economic needs of its people. European World . Week 4. Tuesday 22 October 2013, 12-1pm. Tutor: Giorgio . Riello. . Lecture Structure. The European economy, c. 1500. Rural and urban. Rich and poor. The trade economy. Poles of economic growth. Emielia. Dahl-Sam. Olivia . Dupasquier. . Michaela Cox. Economics 12. P. 6. Notable Dates . First World War. July 18. th. 1914 – November 11. th. 1918. The Roaring 20s. 1920-1929. Economic Theory Practiced . How . effectively are economists and politicians reacting to the demand for realistic efficiency symbolized by the Pluto in Capricorn period? . Are . post-2008 short term, debt-driven avoidance tactics leading to future disaster; especially for Western economies? Can vast Chinese capital expenditure really bring sustained growth? . Has war been a necessary aspect of economic development?. Interrelationships between subjects. The events of history have often been influenced by man’s attempt to improve his economic status or position. AP World History. Chapter 24. “Accelerating Global Interaction”. (Since 1945). Accelerating Globalization. This chapter examines four main processes to illustrate accelerating globalization since 1945:. AP World History. Chapter 24. “Accelerating Global Interaction”. (Since 1945). Accelerating Globalization. This chapter examines four main processes to illustrate accelerating globalization since 1945:. by. Dale W. Jorgenson. Harvard University. http://. scholar.harvard.edu/jorgenson/. World KLEMS Open Session: Europe’s Performance and Trends of the World Economy. BBVA. . Foundation – Madrid. , Spain – May 24, . dirigiste. - i.e., state-directed economic development.. Not only the . state was highly interventionist,. but the economy came to acquire a . sizable public sector, . especially in areas of infrastructure and basic industries.. 1. Introduction. From heights of 1913, world economy flat-lines for forty years (with some variation in between).. Thus, no matter how far technology progresses, process of globalization can always be reversed by domestic policy and international conflict. .