Plz Help Wif My Poor Economic Understanding. (1 Viewer)

[MeehShanku]

yea thx. you been a real help n so hav been the other ppl.

 

[nick1048]

lmao, ohh I seem to do comprehensive and independant study anyway so for me it's just a case of revising the content, not re-learning it, merely refreshing. Shouldn't take more than a days work, and yes your right, it is CRAM-able lol. Thankyou so much for your sentiments and the best of luck to you in your studies. I like the respectful people on these boards, a refreshing change from some of the attitude you get outside.

 

[Jago]

si c thx. sry i took long to post, tryin to cram topic 1 n 2 in my head

jeez, you're trying to cram ECONOMICS???? IT CAN'T BE DONE.

my brief notes on topic 1 and 2 ended up being about 30 odd pages written with my small handwriting...

i hope you have an amazing memory.

Edit: wtf how are you people able to cram eco?

 

[monique66]

IT CAN'T BE DONE.

way to ruin the hope!

 

[MeehShanku]

hey jago take it u suppose the mighty eels me too. how bout the awesome win against the panters eh?

 

[MeehShanku]

damnit gettin side track, i got notes for all of topic 1 but need some for topic 2

 

[Jago]

haha, you gotta concentrate mate.

I'd give you mine, but like i said it's like 15 pages handwritten and i don't have a scanner.

 

[nick1048]

any more eco questions?

 

[MeehShanku]

ok heres another question. Why does the the balance of payments always equal out. I know it has to do something with the floating exchange rate but can't explain it.

 

[nick1048]

the current account and the capital account are interdependant. What is recorded on one side as a debt is recorded on the other side as a credit. That's the fundamentals behind the BOP

 

[monique66]

umm..the bop always 'balances' because the capital and financal account is in surplus and the current account is in deficit....with net errors and omissions for any changes in the exchange rates...cbb explaining more *yawns*

 

[nick1048]

lol, yea sames, 12:34 -_-' shit i gotta study tomoro. cheers guys im off cya.

 

[MeehShanku]

yea i know that but doesnt it have to do someting with the australian dollar being a floatin exchange rate? or am i totally lost?

 

[MeehShanku]

yea thx nick appreciate ur help laterz

 

[Jago]

I'm not sure how floating the currency relates to bop...unless

floating --> level of investor confidence --> financial inflow --> income outflow --> CAD --> bop.

but other than that...

 

[monique66]

umm...that is only significant where there is a difference betwen the capital and financial account and the current account- obviously there will be differences between the accounts wen they are added because of varying exchange rates etc. thats why they include net erors and ommisions..i dunno if thats the answer u were looking for but anyway..

 

[MeehShanku]

oh kool thx ppl u guys been kool n actually helpped. well its gettin too late for my sleepy eyes night boyz n girls.

 

[monique66]

night..i might sleep too :uhhuh:

 

[MeehShanku]

LAst minute questions ppl. what is the difference between real shock and a financial shock?

 

[sunjet]

TNC's are a driving force to increasing integration.. they increase movement of goods and services and increase world trade because they are located globally.