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4. Types of intensification of production.

Intensification based on a more cost-effective use of factors of production, which is the result of scientific and technical progress. Identify the types of intensification of production that take place depending on the economy of different types of economic resources. Independent work of the student

Questions for self-study:

1.Ponyatie economic growth, its dimension.

Form of control:

    - To discuss

Theme 13. Unemployment and inflation as a manifestation of economic instability (1 hour)

The seminars

The purpose of the lesson:

  • Know the differences between the types of unemployment consider the socio-economic effects of inflation.

Topics for discussion:

1. Differences between cyclical, frictional and structural unemployment forms.

2. Okun's law role in the economic analysis.

3. Socio-economic effects of inflation.

Questions and tasks:

1. Consumption function is: C = 100 + 0.9DI.

Income

Consumer spending

Savings

600

800

1000

1200

1400

A) Calculate the consumer spending and savings for given values ​​of disposable income;

B) Calculate the marginal propensity to consume and marginal propensity to save;

C) Calculate the cost multiplier.

2. Economic challenge.

The entire population of the country (figure conditional) is 10 000 people, of which 3,000 children and adolescents under 16 years of age, patients in psychiatric hospitals and correctional institutions; 2,000 people dropped out of the labor force, 500 unemployed and 700 workers employed part-time or looking for work . Using this data, determine:

a) the level of the economically active population;

b) the official unemployment rate.

3. On the economy of the country have the following information: the amount of GDP at full employment is 100 billion dollars; Expected consumer spending, corresponding to that of GDP, should reach 80 billion dollars, The marginal propensity to consume is 0.8, the amount of planned investments, regardless of GDP value is 10 billion dollars. Determine: a) The volume of the equilibrium GDP if the state does not interfere in the economy. b) The additional investment needed to equilibrium GDP increased to 100 billion dollars

4. The presented data show the consumption function (in billion dollars)

GNP

130

150

170

190

210

230

250

270

290

310

consumer costs

112

126

140

154

168

182

196

210

224

238

Determine: a) The volume of the equilibrium GDP, provided that the amount of investment is 60 billion dollars., while government expenditure is equal to 0. b) How will the amount of equilibrium GDP, if the value of investments to fall to 30 billion dollars?