My talk for the social media summit is here.
Abstract Beyond the rhetoric, how has widespread adoption of B2B and B2C ecommerce actually impacted large bricks and mortar businesses? In this paper we review some of the economic approaches to the analysis of efficiency as well as preliminary work establishing hypotheses to be tested on a sample set, the answers we expect to see, and the implications for the Semantic Web, should all the rhetoric turn out to be just that.
European Journal of Political Economy, 2005, pgs 797-799.
The answer lies in the history of computation and the first steps towards making medicine scientific. Before digital computation, logs provided a quick way of computing the multiplication of complicated products, by transforming these complicated products into simple sums.
This week we looked into solving the SIM model by hand, and looking at the Keynesian Multiplier in the Process. The handouts from today are available for download below: EC6012 Lecture 5_sildes_handout.pdf EC6012_L5_numerical_example.jpg For next week: we'll finish off Dynamics in the SIM model, and move onto chapter 4 of GL.
Charles Larkin from Trinity College Dublin, will be presenting a paper entitled "Ius Naturale, Ius Gentium and the IMF Quota-Voting […]
Autumn 2007 26 September, Prof. Stephen Roper, Aston University, "Innovation, Ownership and Profitability " 5 October, Prof. Deirdre McCloskey, U. […]
If you are a US Professor, and you'd like to come and work at UL for a semester or two, have a look at this award notice.... Or, if you want to know more about the type of Prof. we'd like to have, email me.
No lecture today: see you all next week. Looking forward to reading your blogs.
4 copies of Monetary economics : an integrated approach to credit, money, income, production and wealth have been received. They have put 1 copy for this semester on a 3 day loan.
A Draft Version can be downloaded by clicking here Abstract Firms fund research and development (R&D) to generate commercializable innovations and to increase their ability to understand and absorb knowledge from elsewhere.... This allows us to examine changes in the composition of firms’ R&D budgets between in- house R&D and external basic research when the relative tax prices of each category of research changes.
EC6012: Extra Readings on Monetary Theory and Policy Here are a load of links to different articles on monetary theory and policy. Students may find them interesting, especially if their thesis is in applied monetary economics.
Here are the problems and lecture notes for today. problem34_student.pdf Homework: Homework: Summarise Chapter 3 of Godley-Lavoie, 600-700 words or less.
Finish off Conventional National Income and Expenditure Matrix 2.... The Simplest Model with Government Money (GL, pgs 57--71 & Simulations using Eviews) 5.
Today: Defining Inflation Categorising Inflation Inflation is defined as a general increase in prices, which we proxy by the Consumer Price Index. (CPI).