VWL Kapitel 1

International economics and politics

International economics and politics


G. F.
This flashcard set covers fundamental concepts in development economics at the university level, focusing on key terms like GDP, GNI, and the objectives of economic development. It delves into the meaning and scope of development, highlighting the importance of meeting basic needs and transforming social institutions. The flashcards are beneficial for students studying economics, as they provide a clear understanding of economic growth, income distribution, and the interdependencies between countries. Additionally, the set touches on the Millennium Development Goals and the classification of countries based on income levels, making it a valuable resource for those interested in global economic policies and development strategies.
Karten
12
Lernende
5
Sprache
Englisch
Kategorie
Politik
Stufe
Universität
Erstellt / Aktualisiert
18.11.2018 / 25.01.2022

Lernkarten

Countries tend to be cassified as more or less develepod bades on:

Wich ot the following demonstrates international interdependecs?

A subsistence ecomomy is?

Developed economics is the study of the?

Development economics must have a scope wider than traditional economics because

A good definition of the meaning of development is the

Wich of the following is not an important objective of development?

The Millennium Development Goals include

The core values of development include

It is not possible for a country to experience

GNI

Gross national income

The total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP) plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.

GDP

Gross demestic product

The total final output of goods and servicesproduced by the country’s economy, within the country’s territory, by residents and nonresidents, regardless of its allocation between domestic and foreign claims.

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