Slide 1DYNAMISM OF THE PERIPHERY A. Erinç Yeldan Bilkent University IDEAs Network Slide 2 "One of the biggest debates in economics is whether a modern capitalist economy…
Slide 1CHALLENGES TO NEOLIBERALISM A. Erinç Yeldan Bilkent University, Ankara Slide 2 The real cause of the current global crisis lies not on toxic assets, but on toxic…
Slide 1 Definitions of Costs It is important to differentiate between accounting cost and economic cost – the accountant’s view of cost stresses out-of- pocket expenses,…
Slide 1 Source: Mankiw (2000) Macroeconomics, Chapter 3 p. 42-761 2. Distribution of National Income Factors of production and production function determine output and therefore…