It never fails that when I ask people to describe the field of economics, the typical response is that it is the study of money or how to earn money. Moreover an ever increasing number of people regard economics as a form of politics or perhaps political science. Grading on the simple pass/fail basis all would of course fail.

Economics is mistaken for finance by some and politics by others. The later tends to sting a bit. Nevertheless, perhaps the confusion is understandable. After all economics must by necessity address matters common to both areas of understanding. Such has been the case since inception. Be that as it may the fact remains that, economics is best described as the study of human behaviour.

-What?- you say. -What about money, debts, saving, budgets?- Well economics certainly involves all those things and economists have been known to go on for hours on the pros and cons of public policy decisions. But at its core economics is the study of how flesh and blood human beings (not abstractions thereof) and the institutions they engender actually respond to various types and degrees of stimuli. Economics addresses financial implications without addressing the organization of financial data which is best suited to financial experts. Economics addresses the incentives and/or disincentives resulting from public policy and not necessarily the policies themselves which is best suited to politicians. Hence the economist focuses not so much on the tax rate as on the manner in which said rate affects human behaviour which in turn has a direct even if long term effect on the overall state of social institutions. Most importantly, economics answers the ever-ellusive -Why?- Why does an increase in demand drive prices higher? Why does welfare (corporate and social) incentivize licentiousness on the part of the recipient? Why do even good ideas generate diminishing returns over time? Why do certain policies produce results at odd with the intensions of those who author them? Why?, Why?, Why?, ad nauseum.

The problem is not that the confusion exists. Rather it is the fact that it causes the layperson to misconstrue economic laws for political rhetoric. This is particularly problematic when one is confronted with Austrian Economics for the -Austrian- is always deemed to be championing the political views of a specific politician and/or political party.

How to correct the problem? Well, I’ll leave that to the social theorists. I’m only an economist.

Economics masquerading as Altruism It is a human tendency of getting envious when someone else pose a threat to your stature or is on the verge of overtaking you in any field, one tries every possible methodology in order to retain his stature and do not even abstain himself from adopting devious methods in order to restore it. The above tendency is synonymous with the developed countries as well who are boggled by the pace at which the economic development of the developing countries is taking place. Global warming is a very grave issue and requires concerted efforts from both the developed and developing countries. The developed countries have perceived this issue in a very immature way by putting the onus of this problem on the developing economies irrespective of all the commercial activities being carried by them contributing to Global warming. It is indeed interesting to note that the emission levels had shot up unprecedently in the 1970’s but this issue was never heeded as the economies of the developed countries were blooming at that point of time. Eversince the late 1990’s the economies of the developing countries started to expand and that too at a rapid pace which made the developed economies wary of the threat being posed by the developing economies. In order to encumber their growth, they started using Global warming as a tool to fructify their objectives by masquerading this issue in an exaggerated manner. Recently during the Copenhagen meet, a lot of restrictions were being imposed on the developing economies in order to compel them to cut down on emissions. In a study it was found that U.S.A accounts for 25% of the Global emissions whereas developing countries like India accounts for a miniscule 0.2%. It is therefore imperative for the developed countries to get their facts right and try to cut emissions on their part rather than imposing unwarranted restrictions on the developing countries in order to curtail their Economic development. At the same time it is essential for both the developed as well as developing countries to join hands and work together with efficacy in order to tackle Global warming which is indeed a serious problem. It should be vacillated as the repercussions could be very dreading rather than finding out ways to retain economic supremacy by encumbering the growth of each other.

The biotechnology market has been witnessing a rapid growth in Asia Pacific on back of several factors, including the strong and extensive government support. In the region, countries like India, China and South Korea are emerging fast and robustly evolving their biotechnology industries. According to a recent research report by RNCOS, the wide research and development in the region is creating greater technical advancements, with sound financial assistance backing the sector. In the Asia Pacific biotechnology industry, vaccines and therapeutics represent the most lucrative segments, and agricultural and food biotechnology section is evolving significantly and showing greater innovations. It is anticipated that the market will grow at a CAGR of around 19% during 2010-2013.

The report, Asia Pacific Biotechnology Market (2008-2012), says that there are several parallel sectors which are emerging on account of the development in the biotechnology sector. These include contract research and manufacturing, stem cell research and bioinformatics. The Asia Pacific market has shown an increasing trend of adopting biosimilars. The agricultural biotechnology has been playing a vital role in fighting food security issues in the region, which is also becoming the hub for vaccines R&D and production. Amongst the various nations in Asia Pacific, the Indian and Chinese economies are highly promising and they are expected to dominate the global market in the coming decades. Their role in the low cost manufacturing of vaccines is also magnificent, and holds great potential.

The research study analyzes the biotechnology market in the Asia Pacific region, and provides detailed product and geographical segmentation to clients. Current estimates and forecasts for the industry have been included in the comprehensive report, which also looks into key market trends and opportunities existing for potential investors. By studying the government regulations, the report presents an objective picture of the regulatory environment for the industry. Overall, the research aims to provide a balanced outlook for the Asia Pacifics biotechnology market to the clients.

For FREE SAMPLE of this report visit:

Some of our Related Reports are:

– Indian Healthcare – New Avenues for Growth ()
– Insulin Delivery Systems Market Forecast to 2014 ()
– Global Genetic Testing Market Analysis ()
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– Global In Vitro Diagnostic Market Analysis ()

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

The legislation of protecting copyright is valid in the sense that a copyright owner does not want their work to be reproduced and redistributed on the internet without their permission. One of the forms in which copyright is violated is through torrent sites. Governments around the world have considered forcing the ISPs to block popular torrent sites to try to limit copyright infringement, but will this actually work?

First of all these torrent sites do not have any illegal content on them. Think of them as the search engine for torrents. One may find illegal files on a torrent or legal ones, but the files are not on those sites at all. This would be blocking access to those files. There is somewhat of a fallacy in this thinking of blocking sites because Google, Yahoo, and Bing have links to illegal torrents as well. Would ISPs block search engines too? If search engines still existed, which they would, torrents to illegal files will still be found. While it’s not something that most people might think about, it’s true that these types of files are found with a search online.

Secondly, people who really want to use those sites that are blocked will just use proxies. This is what many do in China where the government blocks most of the internet. A proxy can go around artificial blocks and access content.

If these methods didn’t work, people sharing illegal files would just find another method. Peer to peer movie sharing dropped considerably on torrent sites because streaming movies is just easier. If one could not get a movie through a blocked method the internet leave 1000 others meaning the person who wants illegal content will just do something else.

While the heart of the matter is in the right place, the concept of blocking a group of listings to stop piracy is a bit short sighted.

MNCs

An Enterprise, which allocates company resources without regards to national frontiers, but is nationally based in terms of ownership and top management. It comprise of three words multi, national and corporations. These words together means that corporations which have established their offices to increase the interaction either by their own efforts or by collaborations with other companies. Thus Multinational represents highest level of overseas involvement and is characterized by global strategy of investment, production and distribution. MNCs are enterprise which owns or controls production or service facilities outside their home country.

Classification of MNC by behavior

1.Ethnocentric: These are the type of MNCs which have strong orientation towards home country. This means that home country people are considered as superior and allocated all key posts.
2.Polycentric: Just opposite to Ethnocentric polycentric type of MNCs has strong orientation towards host country where few key people are nationals and remaining are from the host country.
3.Regiocentric and Geocentric: These MNCs have their concentration in whole world and they make selection for best employees whether they are from host country or home country it does not matter.

Characteristics of MNCs

1.Single Managerial Authority control
2.Worldwide Integration, better profitability
3.Global Perspective
4.Close Coordination in parents & affiliates
5.Worldwide Market

Benefits of MNCs

1.Training of domestic manpower
2.Increase pace of economic development
3.Promote better products at lower costs
4.Employment to labour
5.Increase in production, GDP, exports
6.Increase in Governments revenues

Criticism of MNCs

1.Increase gap between rich & poor countries
2.Misallocate & misuse scarce natural resources
3.Home country loses jobs when MNC overseas
4.Employ transfer pricing
5.Aggravate Unemployment in developing countries
6.Competition from MNCs local Industry

Entry Strategies used by MNCs

1.Exporting
2.Licencing
3.Joint Ventures
4.Manufacturing
5.Contract Management / Turnkey Projects

Arguments in support of MNCs in India

1.Change in Perception
2.Economic Arguments
3.Technology Transfers
4.Foreign Investment vs. Borrowing

Benefits of Indian Liberalization to MNCs

1.Positive steps taken by government
2.Effect of these steps

Direct Benefits to India of the increasing presence of MNCs

Increasing scope of professional Education
Increasing competition among states for FDI
Expanding Indias consuming class
India as a source of Inputs
Infrastructural gains

Criticism of MNCs in India

1.Inappropriate products launched by MNCs
2.Overshadowing Domestic Industry
3.MNCs and child labour
4.Workers Exploitation

MNCs and FUTURE

Leading Global Business intelligence and consultancy firms such as Giga, Forester Research and McKinsey & Co. have cited various reasons for the increase of offshore outsourcing by MNCs to India.

Business leadership and economics are important topics in todays world, yet it is hard to get serious discussions without politics, advertising, and corporate agendas interfering. One way to get multifaceted perspectives on an issue to work toward a common goal is through a business blog.

A blog on economics or a blog on leadership will generate discussion from all over the world. A business blog allows you to invite and screen members, track readership and hits per page, and offers the opportunity for interactive dialogue and criticism.

A blog on economics can you inform readers about economic issues with a broad range of perspectives. A blog on economics will allow you to share your own knowledge and opinions on a given topic. An in-depth blog on economics will also use facts based on cited evidence to support analysis of economic issues.

A blog on leadership may cover global topics, business issues, social concerns, or leader profiles. A blog on leadership may also offer advice and tips for leadership skills for specific professions, such as lawyers or corporate leaders. Many times authors of leadership books will have a related blog on leadership to answer questions from their readers.

Setting up a business blog is relatively easy. The more focused your business blog is, the more likely you will find an audience. Obviously, the more experience you have on a given topic, the more credible your business blog will be. Selecting a domain name for your business blog is the first important step to drive people to your site. The more focused on the topic, the more likely readers will find you.

The biggest decision when creating a blog on leadership or a blog on economics is whether or not you will host the blog yourself or use a free blogging service. The problem with free blogging services is that you dont get your own domain and do not actually own your blog. If you ever wanted to move your business blog, you would be unable to take your readers with you without control of the site.

Whether you are interested in creating a blog on leadership or a blog on economics, keeping your business blog focused and interactive will engage readers. Allowing a broad range of opinions as well as facts that back up arguments or analysis will give your site credibility that will build reader trust.

Bharat Book.com presents a new report, Asia Pacific Anesthesia & Respiratory Devices Industry Report: Detailed Analysis of the Medical Equipment & Medical Devices Market Covering Anesthesia Machines, Disposables, Respiratory Devices, Respiratory Measurement Devices, Equipment and Supplies

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This report is an essential source for in-depth information and data relating to Asia Pacific Anesthesia & Respiratory Devices Industry market. It also offers detailed and comprehensive coverage of market revenue, volume, distribution and company share information; and latest news, financial deals and pipeline products information of each of the key sub-segments of the Asia Pacific Anesthesia & Respiratory Devices Industry.

Scope

The report provides sector information broken down into detailed categories and segments in country. Total revenues, products sold, end users, and average pricing. Market shares of all the key competitors. Key pipeline products that are set to shape the market, broken down by sector. Information on the top medical equipment companies in the sector in the country covering business description, strategic analysis, and financial information. Healthcare structure, regulatory environment, approval process, pricing trends and reimbursement. Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes. Key mergers and acquisitions, partnerships, private equity investments and IPOs. Customer, hospitals and physicians data.

Reasons to buy

Gain a strong understanding of the industry at a global level, with break downs for the country Evaluate and compare the attractiveness of the market in the country. Identify growth segments and opportunities in each industry sector within the country. Evaluate the pipeline of key products that will change the sector, and identify threats and opportunities before the products are launched in the country. Analyze the competitiveness of the market in the country and identify hotspots. Develop strategies based on the latest product, brand, expansion and research and development news in the country. Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market in the country. Identify and analyze the strengths and weaknesses of the industry incumbents in the country.

For further information, kindly visit:

Or contact us at: Bharat Book Bureau 207, Hermes Atrium, Sector 11, PO Box.54, CBD Belapur, Navi Mumbai – 400 614, India. Phone : +91 22 2757 8668 / 2757 9438 Fax : +91 22 2757 9131 E-mail : Website : www.bharatbook.com

About Bharatbook.com:

Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services. Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies.

Sometimes it is hard to come by a good health economics web-site which lists resources, press and gives you perspective. You will discover a small number of blogs and forums on the internet yet unfortunately they are likely to publish only their own individual material, composing articles on occasion. Similar web-sites merely feature back links for some other resources and document news without a opinion. For a health economist, health economics scholar, medical practioner or health provider it is sometimes difficult to seek out a web-based learning resource which allows you to remain updated and abreast of what’s going on in the market of HTA. Health Economics Digest is an accomplished web site dedicated to health economics and outcomes research. They offer a regular digest of trusted health economics researches, events and training courses. What’s more, they will also put perspective on the news and present commentary regarding the relevancy of the news to health economics graduates, HTA and Market Access managers. The one thing Health Economics Digest does that’s different to any other health economics website is that it offers rich multi-media material like videos, podcasts and graphics. Health Economics Digest brings the very best of the world wide web and new media to the health economics environment. They provide their news in Rss, PDF and regular monthly email format. Health Economics Digest also make use of social profiles where they chat and discuss with other health outcomes executives. Not only do they review the news, they even make it. Health Economics Digest is the news. In addition to this ,Health Economics Digest is going to be wholly understood by non-health economists, doctors, clinical professionals and payers. This is the reason health economists around the world are using health economics digest as their choice for talking to HTA and Regulatory Organsanisations and non-health economists. Health Technology Assessment Organisations need help grasping heor and pharma firms must discover methods to accurately articulate health economics to non-health economists or it will be challenging to acquire the particular reimbursement they are looking for, specifically in todays economic climate. I highly recommend going over to the site, furthermore; Health Economics Digest is maintained by health economists, for health economists, they have essential up-to-date details on what you ought to know. Along with news and current trends, they also have a health economics book shop and provide health economics workshops and e-learning packages

The percentage of growth in GDP is used, at times, to measure health of the economy. The United States GDP estimate has been downgraded recently to just a couple percentage points. News reports often cite the Gross Domestic Product to explain the health of the economy. Economic progress, however, is far too complicated for one number to measure. The GDP is simply outdated. Article source – Why GDP is not the best measure of economic growth by MoneyBlogNewz.
What you need to know about the Gross Domestic Product
The entire value of goods and services in a country is represented by the GDP. GDP began as a measurement of the standard of living in various countries, however it is used in several other ways. Finding the GDP takes a special formula. It calls for adding up government spending, exports, gross investment and private consumption. Congress was given a report of Gross Domestic Product in 1934 for the first time. Simon Kuznets put it together. Decisions were made by the Federal Reserve on this. That is what the GDP was good for.
The information measured by the GDP
The limitations of the Gross Domestic Product have been clear for a long time. The “real” Gross Domestic Product is released by the Bureau for Economic Analysis that adjusts the number. Without that adjustment, the GDP would always appear to be growing with the rate of inflation. The Consumer Price Index, which is a way of measuring the inflation or deflation of the cost of most household goods, also has no impact on the Gross Domestic Product. Even though the American has less income if households go up by 400 percent, the GDP will go up.
Comparing GDP with credit card
Since negative numbers aren’t taken into account, the Gross Domestic Product has the biggest problem with that. To translate the Gross Domestic Product in terms of a household budget, it would be as if you calculated the health of your household finances based on how much money you spent — both in cash and on your credit cards. There are several things left out. There is the possibility a mortgage payment won’t be made, the spending budget could be damaged and eventually the cards have to be paid. Measuring the economic growth of the United States — or any country — based solely on Gross Domestic Product is too simplistic to be accurate.
Citations
The Money Alert
themoneyalert.com/GDP.html
Blogging Stocks
bloggingstocks.com/2010/09/10/economists-lower-2011-u-s-gdp-growth-forecasts-to-2-5/
Investopedia
investopedia.com/study-guide/cfa-exam/level-1/macroeconomics/cfa3.asp

London 4 January, 2011 Claude Nahon has been appointed President of Mood Media Europe, a division of Mood Media Corporation (TSX:MM/ LSE AIM:MM), a leading in-store media specialist.

Reporting to Mood Media Corporations Chief Executive Officer, Lorne Abony, Mr Nahon was previously Managing Director of Mood Media France.

Vanessa Walmsley, has been appointed to the new role of Senior Vice President of Mood Media Europe and will report to Mr Nahon.

Mrs Walmsley was previously the Senior Vice President for Corporate Marketing, Mood Media Corporation.

These appointments will create a strong management team within Mood Media Corporation as it positions its business for growth in the European in-store marketing sector. The company has identified Europe as a key market for developing in-store marketing and will be boosting its sales capability to drive business growth.

Lorne Abony, CEO of Mood Media Corporation, said: I am extremely pleased these appointments have been made from within Mood Media Corporation. Claude and Vanessa have a combined 7 years of experience with the company and this is reflective of their commitment to Mood Media Corporation and the industry.

These appointments demonstrate the wealth of talent we have within the company as we strengthen our management team. The team will be focused on developing the European sales capability as we position ourselves for growth.

Mood Media Corporation is the leading in-store media specialist, creating sensorial consumer experiences through music, visual and scent to drive point-of-purchase sales.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM) is a leading in-store media specialist that uses a mix of music, visual and scent media to help its clients communicate with consumers with a view to driving incremental sales at the point-of-purchase.

Operating through its two principal divisions; In-Store Media and Retail Point-of-Purchase; Mood Media Corporation works with more than 800 retail chains in more than 30 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation was formed in June 2010, following the acquisition of Mood Media Group SA by Fluid Music Canada, Inc. Through its subsidiaries Mood Media, Somerset Entertainment and Trusonic Inc., Mood Media Corporation is driving growth of in-store media solutions across multiple markets.

Mood Media Corporation operates an international in-store media and music retail business with an extensive geographic footprint and a broad client base including several multinational blue chip organizations.
For more information on Mood Media Corporation visit www.moodmedia.com or contact:

Alan OSullivan
Fleishman-Hillard
Tel: +44 (0)20 7395 7017
E-mail: alan.