Podcast
Questions and Answers
Which author wrote 'Managerial economics & business strategy'?
Which author wrote 'Managerial economics & business strategy'?
- Campell McConnell
- William B. Walstad
- N. Gregory Mankiw
- Michael R. Baye (correct)
In which edition was 'Principles of economies' by N. Gregory Mankiw published?
In which edition was 'Principles of economies' by N. Gregory Mankiw published?
- 5th edition
- 8th edition
- 7th edition (correct)
- 6th edition
Who is the author of 'Economics: Principles, Problems and Policies'?
Who is the author of 'Economics: Principles, Problems and Policies'?
- Campell McConnell (correct)
- Michael R. Baye
- N. Gregory Mankiw
- William B. Walstad
Which book is associated with the authors Robbins and Coulter?
Which book is associated with the authors Robbins and Coulter?
Who authored 'Horngren’s Cost Accounting: A Managerial Emphasis'?
Who authored 'Horngren’s Cost Accounting: A Managerial Emphasis'?
Which book is associated with Pearson Education?
Which book is associated with Pearson Education?
What is the code to join the class on MS Teams?
What is the code to join the class on MS Teams?
What is the purpose of economic management activities?
What is the purpose of economic management activities?
What is the role of economic management?
What is the role of economic management?
What is the difference between efficiency and effectiveness in economic management?
What is the difference between efficiency and effectiveness in economic management?
What are the methods of economic management?
What are the methods of economic management?
Which tools are used in economic management?
Which tools are used in economic management?
What do economic policies include?
What do economic policies include?
What are the general requirements for applying economic management methods and tools?
What are the general requirements for applying economic management methods and tools?
What is the role of planning tools in economic management?
What is the role of planning tools in economic management?
What is the role of material tools in economic management?
What is the role of material tools in economic management?
What did Karl Marx view as the foundation and measure of political rationality?
What did Karl Marx view as the foundation and measure of political rationality?
What does the relationship between economics, culture, and politics entail?
What does the relationship between economics, culture, and politics entail?
What does the nature of economic management involve?
What does the nature of economic management involve?
What is the role of economic systems in the production and distribution of goods and services within a culture?
What is the role of economic systems in the production and distribution of goods and services within a culture?
What does the influence of cultural differences on economic decisions and reasoning emphasize?
What does the influence of cultural differences on economic decisions and reasoning emphasize?
What does the relative independence of politics and its impact on the economy suggest?
What does the relative independence of politics and its impact on the economy suggest?
What does the potential for traditional or natural assets to generate wealth through cultural heritage highlight?
What does the potential for traditional or natural assets to generate wealth through cultural heritage highlight?
Which assessment component carries the highest weight?
Which assessment component carries the highest weight?
What does sustainable economic development involve?
What does sustainable economic development involve?
Which measure considers population changes in its calculation?
Which measure considers population changes in its calculation?
What does economic growth measure?
What does economic growth measure?
What is the primary focus of economics?
What is the primary focus of economics?
Which aspect does economic development combine?
Which aspect does economic development combine?
What does Gross National Income (GNI) measure?
What does Gross National Income (GNI) measure?
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Study Notes
Assessment and Module Content
- The assessment criteria include attendance, participation, mid-term group work, in-class assignments, report and presentation, and a final test.
- The grading proportion scale is 10% for attendance and participation, 30% for mid-term group work, and 60% for the final test.
- The module content covers an overview of economics and economic management, economic management theories, economic management functions, and principles of economic management.
- Economics is defined as the study of how society manages its scarce resources, with a focus on decision-making and resource allocation.
- Economic development is the progress in all aspects of an economy, combining economic and social issues, and supporting business maintenance and expansion.
- Sustainable economic development involves stable economic growth, social improvement, justice, and reasonable exploitation of natural resources.
- Economic growth is defined as an increase in the economy's income over a certain period of time, measured by growth scale and speed.
- The evaluation of economic growth includes Gross Output (GO), Gross Domestic Product (GDP), Gross National Income (GNI), and per capita income.
- Gross Output (GO) measures total economic activity, GDP measures value added through production, and GNI measures total domestic and foreign value added.
- Per capita income is a measure of the amount of money earned per person and takes into account population changes.
- Vietnam has chosen the direction of comprehensive development, emphasizing rapid growth, issues of equality and social justice.
- The relationship between economics, culture, and politics is described through the mode of production in material life determining the general character of social, political, and spiritual processes.
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