The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) presented on their collaboration with the African Training Institute (ATI) and the International Monetary Fund (IMF) at the 10th ATI Steering Committee meeting. The collaboration includes joint regional cours

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Professor Stephen Howes, Director of Development Policy at Australian National University, presents his personal views on macroeconomic issues in Papua New Guinea. The focus is on the exchange rate regime and its management, excess liquidity, and fiscal policy. Various economic indicators point to c

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The Ginzburg-Landau phenomenological theory explains superconductivity and superfluidity as distinct thermodynamic phases. It focuses on phase transitions characterized by singularities in specific heat at the transition temperature. Derived from BCS theory, it quantifies condensation energy, emphas

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Crystal Field Theory (CFT) explains the colors and magnetic properties of transition metal complexes. It focuses on the energy changes in d-orbitals of metal ions caused by surrounding ligands. This theory, developed in 1929, provides insights into the bonding interactions in complex compounds. The

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Managerial economics is the application of economic concepts to managerial decision-making. It bridges the gap between economic theory and business practice, helping firms optimize resource allocation and maximize profits. By analyzing microeconomic and macroeconomic factors, managers can make infor

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Social Learning Theory, introduced by Bandura, emphasizes learning through observation and modeling. It explores how individuals acquire behavioral dispositions, trial-and-error experiences, and the impact of stimuli in the environment. The theory focuses on the importance of attention, retention, a

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Development of mathematical theories such as model theory, proof theory, set theory, recursion theory, and computational complexity is discussed, starting from historical perspectives with Dedekind and Peano to Godel's theorems, recursion theory's golden age in the 1930s, and advancements in proof t

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Explore the evolution of organizational behavior from early management theories to contemporary practices. Understand the historical foundations and relevance of management theory in shaping workplace dynamics. Delve into key concepts like Scientific Management, Administrative Management, Bureaucrat

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Various theories such as Divine Origin, Force Theory, Patriarchal Theory, and others explain the origin of the state. Divine theories attribute state creation to God, while Force Theory emphasizes the strong subjugating the weak to establish authority. Each theory offers unique perspectives on the h

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Forgetting is a complex phenomenon influenced by theories such as Decay Theory, Interference Theory, and Motivated Forgetting. The Ebbinghaus forgetting curve highlights how memories fade over time. Decay Theory suggests memories decay over time, while Interference Theory explains how old and new me

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Psychological theories of criminality delve into the association between intelligence, personality, learning, and criminal behavior. Major theories include Psychodynamic Theory by Freud, Behavioral Theory by Bandura, and Cognitive Theory by Kohlberg. These theories explore how unconscious mental pro

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The theory of firms is explored through the Neoclassical and Modern perspectives. Neoclassical theory focuses on profit maximization, while Modern theory delves into managerial, principal-agent, and transaction cost theories. The discussion covers criticisms of Neoclassical theory and the essential

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A new type of problem in economic theory known as Dynamic Stackelberg Problems is discussed, focusing on optimal decision rules, rational expectations equilibrium, and the Stackelberg leader and follower concept. The government's one-period loss function, solving methods, and dynamics of Lagrange mu

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Overview of theories of causation categorized into psychological, social psychological, and sociological perspectives. Psychological theories focus on instinctive, biological, and psychological qualities of abusers, including Attachment Theory, Psychodynamic Theory, Social Learning Theory, and Situa

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Exploring G.H. Sabine's perspective on political theory through a contextual approach, emphasizing the importance of historical context and societal influences. Sabine argues that while political theory evolves with its contemporary politics, it should be analyzed within its specific time and social

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This presentation discusses key concepts related to the open economy, such as net exports equaling net capital outflow, national saving equaling domestic investment plus net capital outflow, the loanable funds theory of the real interest rate, and the relationship between saving, investment, and net

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At the turn of the century, the discovery of the photoelectric effect challenged the wave theory of light, leading to the development of the quantum theory by Max Planck and Albert Einstein. This new theory introduced the concept of discrete energy units known as quanta, bridging the gap between wav

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Effective complaints handling is essential for feedback and improvement in financial services. Learn about the benefits, principles, and responsibilities involved in managing complaints at the Macroeconomic and Financial Management Institute of Eastern and Southern Africa.

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Overview of Dp-branes, NS5-branes, and U-duality derived from nonabelian (2,0) theory with Lie 3-algebra. Introduction to M-theory, including M2-branes and M5-branes in the strong coupling limit. Discussion on BLG theory, Lorentzian Lie 3-algebra, and the ABJM theory for M2-branes.

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Perturbation theory is a powerful tool in solving complex physical and mathematical problems approximately by adjusting solutions from a related problem with known solutions. This theory allows for more accurate approximate solutions by treating the difference as a small perturbation. An example inv

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Divine Command Theory asserts that morality is derived from God's commands, contrasting with Virtue Theory which focuses on developing moral virtues to achieve human flourishing and excellence. Divine Command Theory relies on religious texts, while Virtue Theory emphasizes the cultivation of virtues

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This study presented at Hitotsubashi-RIETI Workshop analyzes demand and supply shocks using commodity transaction data. By estimating elasticity parameters and examining movements in price and quantity, the research identifies negative supply shocks post-global financial crisis and after 2013. The p

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The IS-LM model, discussed in Chapter 12 of Macroeconomics, helps analyze how an economy responds to policy changes and shocks in the short run. By understanding the IS and LM curves and their intersection, we can evaluate short-run macroeconomic outcomes for real interest rates (r) and real output

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Fermi liquid theory, also known as Landau-Fermi liquid theory, is a theoretical model that describes the normal state of metals at low temperatures. Introduced by Landau and further developed by Abrikosov and Khalatnikov, this theory explains the similarities and differences between interacting ferm

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Delve into the concept of policy pro-cyclicality in macroeconomic theory through the insights shared by Jeffrey Frankel at a seminar at Harvard Economics Department. Explore examples of pro-cyclicality in developing countries, euro periphery countries, and US political scenarios, along with discussi

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Exploring the differential impacts of macroeconomic structures and policies on gender equality, this analysis delves into issues such as gender-biased access to resources, labor-intensive export orientation, and the effects of inflation targeting. It highlights how women, especially in marginalized

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Computational Learning Theory explores inductive learning algorithms that generate hypotheses from training sets, emphasizing the uncertainty of generalization. The theory introduces probabilities to measure correctness and certainty, addressing challenges in learning hidden concepts. Through exampl

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This course overview covers concepts in automata theory and theory of computation, including formal language classes, grammars, recognizers, theorems in automata theory, decidability, and intractability of computational problems. The Chomsky hierarchy, interplay between computing components, modern-

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Explore various theories of interest in economics, including the Classical Theory, Liquidity Preference Theory by Keynes, Productivity Theory, Abstinence Theory, Time-Preference Theory, Fisher's Time Preference Theory, and the Loanable Fund Theory. These theories offer different perspectives on the

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This research agenda delves into the core conclusions, policy context, and objectives of macroeconomic policy for facilitating development and decent work in South Africa. Key points include the need for structural transformation, challenges in job creation, and the link between macroeconomics, empl

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This content explores various aspects of macroeconomic measurement, including GDP calculation, real vs. nominal GDP, GDP deflator vs. CPI, and unemployment rates for different groups. It provides tables and figures to illustrate these concepts and data sources from reputable organizations like the U

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The macroeconomic policies in the Eurozone led by the Troika (ECB, European Commission, IMF) have been criticized for contributing to slow growth and high unemployment. This analysis by Mark Weisbrot delves into the negative impact of fiscal, monetary, and exchange rate policies on troubled economie

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Delve into the historical journey of atomic theory starting from Democritus and Aristotle's views to modern advancements proving some aspects of Dalton's theory incorrect. Learn about key laws and theories such as the Particle Theory of Matter, Dalton's Atomic Theory, and JJ Thomson's discoveries, s

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Eurostars project SENRISK aims to develop an automated credit risk assessment tool for fixed income products by incorporating news sentiments. This innovative Decision Support System enhances predictive risk models using sentiments from macroeconomic news and social media. The project focuses on val

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The zero lower bound (ZLB) poses challenges to conventional monetary policy during severe depressions, leading to prolonged periods of low interest rates. Mainstream macroeconomic theory falls short in providing effective guidance, prompting the exploration of alternate mechanisms such as taxation,

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This presentation explores the Neo-Kaleckian macroeconomic models, examining their development, key elements, and unique features within the broader context of economic theories. It delves into the first-generation models by Harris and Asimakopulos, focusing on markup pricing, labor costs, profit sh

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This study assesses the determinants of macroeconomic resilience in the Euro area, emphasizing the importance of economic resilience to absorb shocks, promote convergence, and achieve short-term gains like lower unemployment and higher income. The framework includes components such as absorption, re

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In this seminar by Charl Jooste at the Bank of Uganda, the discussion revolves around the essential ingredients for macro models to incorporate climate policy and climate change. The talk highlights the need to augment standard macroeconomic functions, react to price signals, and link macro models w

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The Tsai-Hill failure theory is based on the strengths of a unidirectional lamina, incorporating longitudinal and transverse tensile and compressive strengths, as well as in-plane shear strength. This theory, derived from the distortion energy theory, provides criteria for determining lamina failure

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This presentation delves into the concepts of budgeting and budget implementation in the context of government finance, focusing on fiscal policies, macroeconomic goals, and the budget framework. It explains how budgets reflect government priorities and strategies to achieve economic stability and g

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