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 Economics> Lecture Notes > ESOC 316 FA19 001 Lecture, Week One (All)

ESOC 316 FA19 001 Lecture, Week One

Do You Tweet? Economics is greatly impacted by how well information travels through society. Today, social media giants Twitter, Facebook, and Instagram are major forces on the information super highw...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > 12515 Strategic Asset Management: DEVELOP STRATEGIES FOR ASSET PORTFOLIOS (All)

12515 Strategic Asset Management: DEVELOP STRATEGIES FOR ASSET PORTFOLIOS

The following strategic options may be considered by an asset manager or asset owner: • Construct & Renewal • Maintenance • Disposal • Reduce Costs (Asset related cost reduction strategies) • No...

By Kirsch

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 Economics> Lecture Notes > Strategic Asset Management: TACTICAL IMPLEMENTATION OF ASSET MANAGEMENT (All)

Strategic Asset Management: TACTICAL IMPLEMENTATION OF ASSET MANAGEMENT

Objective of exercise  Why are you doing this, what do you have to achieve Understanding of link to service delivery  What is the purpose of the asset in supporting service Plan approach  Is...

By Kirsch

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 Economics> Lecture Notes > Strategic Asset Management: STRATEGY ISSUES FOR IMPLEMENTATION OF ASSET MANAGEMENT (All)

Strategic Asset Management: STRATEGY ISSUES FOR IMPLEMENTATION OF ASSET MANAGEMENT

DEFINING ASSET MANAGEMENT Systematic and coordinated activities and practices through which an organisation optimally and sustainably manages its assets and asset systems, their associated perform...

By Kirsch

Lecture Notes

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 Management> Lecture Notes > Lecture 6: Life Cycle Costing (All)

Lecture 6: Life Cycle Costing

Asset Life Cycle Costing • A technique to establish total cost of ownership (TCO) • Produces spending profile over anticipated life-span of asset • Mainly used as a comparative tool to evaluate opt...

By Kirsch

Lecture Notes

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 Management> Lecture Notes > 12515 Strategic Asset Management: Lecture 5 – Asset Information (All)

12515 Strategic Asset Management: Lecture 5 – Asset Information

Core of Asset Management Information System ASSET HIERARCHY The structure of data should be driven by reporting requirements • Data structure should enable breakdown into hierarchy, such as: – Asse...

By Kirsch

Lecture Notes

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 Management> Lecture Notes > 12515 Strategic Asset Management: Lecture 4 – Property & Facilities Management (All)

12515 Strategic Asset Management: Lecture 4 – Property & Facilities Management

STRATEGIC ASSET MANAGEMENT ROLE DEFINITION Strategic Asset Management is about decision-making: • which assets to increase • what to reduce • what to modify all in order to provide right services...

By Kirsch

Lecture Notes

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 Management> Lecture Notes > 12515 Strategic Asset Management: Lecture 3: The Asset Life Cycle (All)

12515 Strategic Asset Management: Lecture 3: The Asset Life Cycle

“The ‘life-cycle model’ provides a structured approach to establish the total cost of ownership” E LIFE-CYCLE MODEL “The ‘life-cycle model’ provides a structured approach to establish the to...

By Kirsch

Lecture Notes

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 Management> Lecture Notes > 12515 Strategic Asset Management: Lecture 2 – AM Linkage to Service Delivery (All)

12515 Strategic Asset Management: Lecture 2 – AM Linkage to Service Delivery

LINK TO BUSINESS PERFORMANCE Assets exist to support service delivery and exploit revenue opportunities Organisational Objectives • Organisational objectives typically respond to a Vision or Miss...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > The Open Economy: Exchange Rates (cont.) & The BOP (All)

The Open Economy: Exchange Rates (cont.) & The BOP

Fixed Exchange Rates • Last week: monetary policy more effective in an open economy with a flexible exchange rate. • When exchange rates are fixed, monetary policy less effective as a stabilisati...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Economic Growth II: Savings and Investment (All)

Economic Growth II: Savings and Investment

Savings: resources withheld from current income/consumption. Used to acquire new output-generating capital National income identity: Y = C + I + G Y = C + S + T S + (T – G) = I Two problems...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Economic growth: The Stylised Facts of Growth (All)

Economic growth: The Stylised Facts of Growth

We now turn from the determination of output in the short and medium run—where fluctuations dominate—to the determination of output in the long run—where growth dominates. Growth is the steady incr...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Aggregate demand/Aggregate supply (All)

Aggregate demand/Aggregate supply

The AS/AD model of macroeconomic equilibrium beyond the short-run From PAE line to AD curve The factors driving changes in inflation Macroeconomic self-adjustment in the long run Role, tools and e...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Lecture 6 The economy: 2 September 2019 Monetary policy (introduction) (All)

Lecture 6 The economy: 2 September 2019 Monetary policy (introduction)

Money, prices and the Reserve Bank The financial system: the allocation of saving to productive uses The role of banks: Financial intermediation Stand between savers and investors Asymmetric infor...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Lecture 5: Fiscal Policy (All)

Lecture 5: Fiscal Policy

What is fiscal policy? To smooth out economic fluctuations and achieve a full-employment and non-inflationary level of GDP, the government manipulates aggregate demand by changing government expe...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Lecture 4: Macroeconomics in the short run: The basic Keynesian model of output determination: aggregate expenditure and output in the short run (All)

Lecture 4: Macroeconomics in the short run: The basic Keynesian model of output determination: aggregate expenditure and output in the short run

The concept of aggregate expenditure  The Keynesian view of consumption  Planned aggregate expenditure and output using simple algebra  Equilibrium in the Keynesian model of output determinati...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > Week 2: Lectures 3-4: Introductory Macroeconomics. Measuring Economic Performance: The Price level Measuring Economic Performance: Savings and Wealth (All)

Week 2: Lectures 3-4: Introductory Macroeconomics. Measuring Economic Performance: The Price level Measuring Economic Performance: Savings and Wealth

Measuring macroeconomic imperformance An economy is performing well if: Rising long term leaving standards The price level is under control (WEEK 2) The need for savings and investments are bala...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > ECON 1002: Lecture 1: Introductory Macroeconomics (All)

ECON 1002: Lecture 1: Introductory Macroeconomics

Lecture 1 Week 1: Learning outcomes By the end of week 1, you should be able to discuss The distinctions between microeconomics and macroeconomics The main macroeconomic performance measurements...

By Kirsch

Lecture Notes

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 Economics> Lecture Notes > ECON 1002: Introductory Macroeconomics School of Economics Faculty of Arts and Social Sciences University of Sydney. All Lectures and Notes (All)

ECON 1002: Introductory Macroeconomics School of Economics Faculty of Arts and Social Sciences University of Sydney. All Lectures and Notes

The Open Economy: Exchange Rates (cont.) & The BOP Fixed Exchange Rates • Last week: monetary policy more effective in an open economy with a flexible exchange rate. • When exchange rates are fixed,...

By Kirsch

Lecture Notes

$10

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 Economics> Lecture Notes > ECON 1002: Introductory Macroeconomics School of Economics Faculty of Arts and Social Sciences University of Sydney. All Lectures and Notes (All)

ECON 1002: Introductory Macroeconomics School of Economics Faculty of Arts and Social Sciences University of Sydney. All Lectures and Notes

The Open Economy: Exchange Rates (cont.) & The BOP Fixed Exchange Rates • Last week: monetary policy more effective in an open economy with a flexible exchange rate. • When exchange rates are fixed,...

By Kirsch

Lecture Notes

$10

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