Microeconomics

Microeconomics

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A site for Micro learners - references and events will appear here!
1st grade students of Lviv Polytechnic

Random Risk Factors Influencing Cash Flows: Modifying RADR 31/01/2023

A new article on risk management and random factors by our research group:

Random Risk Factors Influencing Cash Flows: Modifying RADR In this article, we focus on considering different risk factors influencing the cash flows of a group of companies. A methodology is suggested for approximated consideration of both seasonal and random fluctuations in the environment, which have some impact on the overall group activity and may be c...

11/03/2022

artist Raja Nanadepu, India.

28/02/2022

🇺🇦 Ukraine is fighting for its independence 🇺🇦

On the 24th of February, 2022, Russia and its leader opened a Pandora’s Box when they invaded Ukraine. This is our homeland, where we're learning to build a democracy after decades of tyranny. This path isn’t easy for us. But despite the oppression from our neighbor, who continues to poison our country with the threat of Soviet tyranny, we will not from the path. This is exactly why they wish to destroy us with their armies and with the bombings of our cities.

Putin is numb to the voices of the Russian people, to the voices of the international community, and even to the violence against the Armed Forces of Ukraine. He wants to convince the world that the government in Ukraine is illegitimate, and it's a threat to stability.
We, the Ukrainian people, had an answer to his rhetoric back on April 21, 2019, when we elected the current President of our country. On that day, all citizens of Ukraine recognized the results of this election as legitimate, despite their own political preferences, because that's how Democracy works. Russia does not understand this.

Today, in these horrible times, we once again repeat to the world: we are united in our opposition to Russian tyranny and violence. We will choose another path.
And we support our President, Volodymyr Zelensky, and we believe in the Armed Forces of Ukraine.

We look forward to a day when Ukrainian forces and opposition forces will be united together again in peace. But we’re thankful for every person who stands up and protects us from the horror of another Russian regime, and to everyone who defends Ukrainian freedom to their last breath. Ukraine is not just a nationality or a citizenship - it is a symbol of pride. It is a symbol of the men and women who stood up to the world’s second largest army, and against all odds, fought bravely for freedom and for a better world.
To our friends abroad, today we need your support.

#Україна #СлаваУкраїні

23/02/2022


The Production Possibilities Frontier -
Shows the various combinations of two goods that can be produced by an economy,
it assumes two goods and fixed technology and fixed factors of production.

Take a quiz to check if you get it right -
https://quizizz.com/join/pre-game/running/U2FsdGVkX19XP1K5b0ArSwQh2JEoRwD%252F6VX4qGPNqHI0r%252BWgm9jSLH6vVZtpo1MTSPi1UvKBieCRwFybGKwpxm2uoBaPY%252Blm1x5iZqAae%252Bk%253D/start

PS And I like these educational videos -
https://www.youtube.com/watch?v=JCEWQ_cafUs&list=PL336C870BEAD3B58B&index=7

16/02/2022

Let's talk about scarcity..
Since scarcity of resources matters only in the case they are limited compared to the unlimited needs, it is curious to look at the concept of needs, first of all.
It relates to the problem of whether we have enough (of goods or services for satisfying our needs), or rather feel that we have enough.
So does it matter whether a person's basic needs are satisfied?
And what kind of priorities the person has?
Let's talk about perception then...

PS And I like these educational videos - https://www.youtube.com/watch?v=yoVc_S_gd_0&list=PL336C870BEAD3B58B

The new economics: Meso and Meta 25/01/2022

The new economics: Meso and Meta

The new economics: Meso and Meta The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquar...

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