Bachelor of Economics 2021 Dual Program Structure
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Curious About Cryptocurrencies? Investors Need to Make Sure They Separate “Investing” from “Speculation” by Don Mcarthur, CFA®
Curious About Cryptocurrencies? Investors Need to Make Sure They Separate “Investing” from “Speculation” By Don McArthur, CFA® Bitcoin and other cryptocurrencies have received plenty of media coverage lately, and it is natural for investors to wonder about them. Even celebrities have become associated with Bitcoin publicity through social media. Interest has piqued to a point where there are even Exchange Traded Funds (ETFs) that invest in Bitcoin, giving investors the means to invest in the Futures market. After having performed in-depth research on Bitcoin and other cryptocurrencies, our position at Commerce Trust Company is that they should not currently play a role in client portfolios. As part of that research, Commerce Senior Vice President and Investment Analyst Don McArthur, CFA, put together a primer on the topic of cryptocurrencies in general. In the following commentary, he explains why Bitcoin at this stage is more about speculating than investing in something with intrinsic value. He also touches on how Blockchain networking technology not only supports cryptocurrencies, but many other industrial applications as well. We thought you would enjoy this commentary as McArthur shares his thoughts in a mind-opening Q&A. Q . What is Bitcoin and how did it start? A. Bitcoin is one of hundreds of digital currencies, or cryptocurrency, based on Blockchain technology. As an early mover, Bitcoin is by far the largest digital currency. Bitcoin was launched in 2009 by a mysterious person (or persons) known only by the pseudonym Satoshi Nakamoto. Unlike traditional currencies, which are issued by central banks, Bitcoin has no central monetary authority. -
New Insights on Retail E-Commerce (July 26, 2017)
U.S. Department of Commerce Economics Newand Insights Statistics on Retail Administration E-Commerce Office of the Chief Economist New Insights on Retail E-Commerce Executive Summary The U.S. Census Bureau has been collecting data on retail sales since the 1950s and data on e-commerce retail sales since 1998. As the Internet has become ubiquitous, many retailers have created websites and even entire divisions devoted to fulfilling online orders. Many consumers have By turned to e-commerce as a matter of convenience or to increase the Jessica R. Nicholson variety of goods available to them. Whatever the reason, retail e- commerce sales have skyrocketed and the Internet will undoubtedly continue to influence how consumers shop, underscoring the need for good data to track this increasingly important economic activity. In June 2017, the Census Bureau released a new supplemental data table on retail e-commerce by type of retailer. The Census Bureau developed these estimates by re-categorizing e-commerce sales data from its ESA Issue Brief existing “electronic shopping” sales data according to the primary #04-17 business type of the retailer, such as clothing stores, food stores, or electronics stores. This report examines how the new estimates enhance our understanding of where consumers are shopping online and also provides an overview of trends in retail and e-commerce sales. Findings from this report include: E-commerce sales accounted for 7.2 percent of all retail sales in 2015, up dramatically from 0.2 percent in 1998. July 26, 2017 E-commerce sales have been growing nine times faster than traditional in-store sales since 1998. -
E-Commerce Integration and Economic Development: Evidence from China∗
E-Commerce Integration and Economic Development: Evidence from China∗ Victor Couture,y Benjamin Faber,z Yizhen Gu§ and Lizhi Liu{ July 2017 –Preliminary and incomplete– Abstract The number of people buying and selling products online in China has grown from practically zero in 2000 to more than 400 million by 2015. Most of this growth has occurred in cities. In this context, the Chinese government recently announced the expansion of e-commerce to the countryside as a policy priority with the objective to close the rural-urban economic divide. As part of this agenda, the government entered a partnership with a large Chinese e-commerce firm. The program invests in the necessary transport logistics to ship products to and sell prod- ucts from tens of thousands of villages that were largely unconnected to e-commerce. The firm also installs an e-commerce terminal at a central village location, where a terminal manager assists households in buying and selling products through the firm’s e-commerce platform. This paper combines a new collection of survey and transaction microdata with a randomized control trial (RCT) across villages that we implement in collaboration with the e-commerce firm. We use this empirical setting to provide evidence on the potential of e-commerce inte- gration to foster economic development in the countryside, the underlying channels and the distribution of the gains from e-commerce across households and villages. Keywords: E-commerce, trade integration, economic development, rural-urban divide JEL Classification: F63, O12, R13 ∗We are grateful to CEGA, the Clausen Center, the Haas School of Business, the Weiss Family Fund and the Bill and Melinda Gates Foundation for providing funding for this study. -
Bachelor of Commerce (Major: Finance) School of Business, Fremantle Campus
Bachelor of Commerce (Major: Finance) School of Business, Fremantle Campus More than just dollars and cents, finance is the study of resource allocation, including the processes, markets, institutions and instruments that facilitate the transfer of money and wealth. When you study a Bachelor of Commerce with a Major in Finance from The University of Notre Dame Australia, you will develop strong analytical skills in the planning, management, and control of financial resources. Why study this degree? Here at The University of Notre Dame Australia, we are deeply committed to delivering a high-quality, ethical, and practical business education that will help you thrive in the constantly-evolving business environment. This means that all of our students are supported and mentored by industry leaders, with small class sizes also ensuring you receive the personal attention you deserve. Initially, you will build a strong foundation of business knowledge, with eight courses covering Accounting, Business Communication, Business IT, Business Law, Economics, Quantitative Methods, and the Principles of Management and Marketing. You will then build on this knowledge with six finance-specific subjects such as Corporate Finance, International Finance and more. Designed to equip you with the technical and conceptual skills expected in this field, a Bachelor of Commerce with a Major in Finance is designed to prepare you for a variety of roles and career opportunities. Whether you want to become a financial analyst or a fund manager, a Commerce degree from -
Bachelor of Commerce School of Business, Fremantle Campus
Bachelor of Commerce School of Business, Fremantle Campus If you want a greater understanding of today’s business environment, then a Bachelor of Commerce degree from The University of Notre Dame Australia is the perfect launching pad. Taught by a combination of market leaders, each with strong commercial and industry experience, and experienced academics in their discipline, you will be guided to develop the conceptual understanding, practical experience and analytical skills to prepare you for the modern business landscape. Why study this degree? Whether you’re considering a career in economics, human resource management, accounting, finance, marketing, or management, a Bachelor of Commerce from The University of Notre Dame Australia will put you ahead of the pack. With a focus on small class sizes and approachable teaching staff, complemented by client-based projects and guest speakers, this degree combines both practical and theoretical components so that students gain a holistic appreciation and understanding of the business environment. You will have the opportunity to Major in a variety of disciplines such as Accounting, Economics, Finance, Human Resource Management, Management, Marketing, Public Relations and Sport & Recreation Management. The wide choice of disciplines on offer allows you to customise your degree to suit your personal and professional interests and academic strengths. Upon finishing the Bachelor of Commerce program, you will have the ability to apply commerce disciplines to real-world situations, be equipped with critical thinking skills and be relevant to the role of commerce in a broader social and political context. As part of your degree, you will be required to undertake 150 hours of practical workplace experience. -
Eliminating Barriers to Internal Commerce to Facilitate Intraregional Trade
Eliminating Barriers to Internal Commerce to Facilitate Intraregional Trade Olumide Taiwo and Nelipher Moyo, Brookings Africa Growth Initiative ncreased trade between African countries holds Roads account for 80 to 90 percent of all freight and promise for shared growth and development in passenger movement in Africa. Road density is an ef- the region. However, before African countries can fective proxy of how well connected areas of a country Ifully exploit the benefits associated with increased are. Africa has a road density of only 16.8 kilometers trade with each other, they must first address the bar- per 1,000 square kilometers, compared with 37 kilo- riers to the movement of goods and people within meters per 1,000 square kilometers in other low-in- their countries. It is difficult to imagine how Africa come regions (table 1). Likewise, rail density in Africa will be able to move goods from Cape Town to Cairo is only 2.8 kilometers per 1,000 square kilometers— when it is unable to move goods from one city to an- much lower than the 3.4 kilometers per 1,000 square other within the same country. Take the case of Ke- kilometers in other low-income regions. Air travel nya: while parts of northern Kenya were experiencing within Africa continues to be more expensive per mile major food shortages in January 2011, farmers in the than intercontinental travel. Africa’s inland waterways Rift Valley had food surpluses and were imploring the present an excellent opportunity to connect cities and government to buy their excess crops before they went countries. -
The Macro-Economic Impact of E-Commerce in the EU Digital Single Market
INSTITUTE FOR PROSPECTIVE TECHNOLOGICAL STUDIES DIGITAL ECONOMY WORKING PAPER 2015/09 The Macro-economic Impact of e-Commerce in the EU Digital Single Market Melisande Cardona Nestor Duch-Brown Joseph Francois Bertin Martens Fan Yang 2015 The Macro-economic Impact of e-Commerce in the EU Digital Single Market This publication is a Working Paper by the Joint Research Centre of the European Commission. It results from the Digital Economy Research Programme at the JRC Institute for Prospective Technological Studies, which carries out economic research on information society and EU Digital Agenda policy issues, with a focus on growth, jobs and innovation in the Single Market. The Digital Economy Research Programme is co-financed by the Directorate General Communications Networks, Content and Technology It aims to provide evidence-based scientific support to the European policy-making process. The scientific output expressed does not imply a policy position of the European Commission. Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use which might be made of this publication. JRC Science Hub https://ec.europa.eu/jrc JRC98272 ISSN 1831-9408 (online) © European Union, 2015 Reproduction is authorised provided the source is acknowledged. All images © European Union 2015 How to cite: Melisande Cardona, Nestor Duch-Brown, Joseph Francois, Bertin Martens, Fan Yang (2015). The Macro-economic Impact of e-Commerce in the EU Digital Single Market. Institute for Prospective Technological Studies Digital Economy Working Paper 2015/09. JRC98272 Table of Contents Abstract ............................................................................................................... 3 1. Introduction .............................................................................................. 4 2. Online trade in goods in the EU ................................................................... -
GLOSSARY of INTERNATIONAL TRADE TERMS 2016 Guide
CALIFORNIA FASHION ASSOCIATION 444 South Flower Street, 37th Floor · Los Angeles, CA 90071 ·ph. 213.688.6288 ·fax 213.688.6290 Email: [email protected] Website: www.californiafashionassociation.org GLOSSARY OF INTERNATIONAL TRADE TERMS 2016 Guide Sponsored By: Prepared by: CALIFORNIA FASHION ASSOCIATION 444 South Flower Street, 37th Floor, Los Angeles, CA 90071 Phone: 213-688-6288, Fax: 213-688-6290 [email protected] | www.californiafashionassociation.org 1 CALIFORNIA FASHION ASSOCIATION 444 South Flower Street, 37th Floor · Los Angeles, CA 90071 ·ph. 213.688.6288 ·fax 213.688.6290 Email: [email protected] Website: www.californiafashionassociation.org THE VOICE OF THE CALIFORNIA INDUSTRY The California Fashion Association is the forum organized to address the issues of concern to our industry. Manufacturers, contractors, suppliers, educational institutions, allied associations and all apparel-related businesses benefit. Fashion is the largest manufacturing sector in Southern California. Nearly 13,548 firms are involved in fashion-related businesses in Los Angeles and Orange County; it is a $49.3-billion industry. The apparel and textile industry of the region employs approximately 128,148 people, directly and indirectly in Los Angeles and surrounding counties. The California Fashion Association is the clearinghouse for information and representation. We are a collective voice focused on the industry's continued growth, prosperity and competitive advantage, directed toward the promotion of global recognition for the "Created in California" -
Home | Business School
Bachelor of Commerce/ Arts 3573 Progression Plan for 2016 Commencing Students Terminology Definition Program compulsory Courses which students must complete under their enrolled degree e.g. Bachelor of Commerce/ Arts 3573 core & flexible core courses Commerce Major A sequence of approved courses (48UOC) in an approved discipline stream offered by the UNSW Business School (See Appendix A.), containing at least 18UOC at level 3. (Note that the 48 UOC includes the first disciplinary course(s) in the Core (Compulsory or Flexible). This means that, for the majority of majors, students will complete 42 UOC in specified disciplinary courses outside the core, except for the Real Estate Studies major.) UNSW Business 0-12 UOC in UNSW Business School courses to ensure a student completes a minimum of 96 UOC of Business courses School Elective within the Bachelor of Commerce. The exact number of courses to complete will depend on the major chosen. GEN courses cannot count as Business School Electives. business.unsw.edu.au Last Updated October 2015 CRICOS Code 00098G Bachelor of Commerce/ Arts 3573 Student ID: Progression Plan for 2016 Commencing Students Student name: Table A. Commerce major: ______________________ Compulsory core courses Flexible core courses Commerce Major- Refer to UNSW Business School elective (choose 4 from the following) Appendix A. (depends on the chosen major) (choose the correct flexible core course) (24UOC) Sem (24UOC) Sem (42-48UOC) Sem (0-12UOC) Sem ACCT1501 ACCT1511 1. 1. ECON1101 COMM1000 2. ECON1203 ECON1102 3. MGMT1001 FINS1613 4. INFS1602 5. MARK1012 6. MGMT1101 7. TABL1710 Total number of completed UOC: Program Checklist: □ I have completed a minimum of 96UOC (16 courses) from the Business school □ I have completed a minimum of 48UOC (8 courses) and met the requirements for one Commerce major □ I have completed no more than 60UOC of level one course for the Bachelor of Commerce component. -
Should We Blame the Graduates for Their Unemployment? a Happiness Approach*
Hitotsubashi Journal of Economics 56 (2015), pp.243-258. Ⓒ Hitotsubashi University SHOULD WE BLAME THE GRADUATES FOR THEIR UNEMPLOYMENT? A HAPPINESS APPROACH* ** HOCK-EAM LIM School of Economics, Banking and Finance, University Utara Malaysia Sintok, Kedah 06010, Malaysia [email protected] AND HONGBO DUAN Hebei University Hebei 071002, China [email protected] Received January 2015; Accepted March 2015 Abstract This paper estimates change of happiness of Malaysian graduates who are in the stage of transition from university to labour market and tests the voluntary unemployment hypothesis using a happiness approach.It is found that a substantial deterioration in the graduate ʼs happiness occurs during the transition.The change in happiness of unemployed graduates are not differ significantly from graduates who are self-employed, part-time or full-time employed with employment that does not commensurate with qualification.Thus, we could not reject the voluntary unemployment hypothesis and the graduates could be partially blamed for their unemployment. Keywords: voluntary unemployment, graduate unemployment, change in happiness, psycholog- ical impact of unemployment JEL Classification Number: A23, I23 I. Inroduction In Malaysia, graduate unemployment has been a persistent phenomenon and at the top of the Malaysian government agenda since 1997 (Lim 2008; Morshidi, et al, 2012).There are * We would like to thank the anonymous referees for their helpful comments which have improved this paper substantially.Thanks also due to the Universiti Utara -
Allan Donald Harding
Allan Donald Harding POSTGRADUATE EDUCATION 2003 Ph.D. (Economics) Yale University. 1985 MEc Australian National University. 1983 Grad. Dip. (Economics) Australian National University. CURRENT ACADEMIC APPOINTMENT Professorial Research Fellow, Centre of Policy Studies (CoPS), Victoria University. PAST ACADEMIC APPOINTMENTS Jan. 2008 – Jan. 2015. Professor of Economics, La Trobe University. Jan. 2013 – Jan. 2015. Director Teaching and Learning, School of Economics, La Trobe University. Jan. 2014 – Feb 2014 Acting Head of School, School of Economics, La Trobe University. Jan. 2013 – Jan. 2015 Director of Undergraduate Programs, School of Economics, La Trobe University. Jan. 2013 – Mar. 2013 Acting Head of School, School of Economics, La Trobe University. Jan. 2010 – Jan. 2015 Director Politics, Philosophy and Economics Program, La Trobe University. Jan 2008 – Dec 2011. Director of Research, School of Economics and Finance, La Trobe University. Jul. 2003 - Jan. 2008. Senior Lecturer, Department of Economics, The University of Melbourne. Aug. 1994 – Jul. 2003. Senior Research Fellow and Director Centre for Business Cycle Analysis, Melbourne Institute, The University of Melbourne. PAST POLICY-RELATED POSITIONS IN GOVERNMENT Jan. 2009 Visiting Scholar, International Monetary Fund. Lead discussant for the World Economic Outlook. Nov. 1992 – Aug. 1994 Director, Policy Research Unit, Commonwealth Treasury. Jan. 1985 – Nov. 1992 Director, Industry Assistance Commission. 1983 – Jan. 1985 Assistant Director, Industry Assistance Commission. OTHER POSITIONS July 2003 – Present Director and Consultant, Turning Point Research Pty. Ltd. Prior to 1983 various positions in Industry Assistance Commission and Australian Bureau of Statistics while completing university studies. HONORARY POSITIONS Jan. 2015 – present Honorary Professor of Economics, La Trobe University. 2005 – 2011 Director, Macro-econometric Models and Methods program, Centre for Applied Macroeconomic Analysis, CAMA 2005 to mid 2012. -
Bachelors of Mathematics / Economics
Dual Degree Study Planner Bachelor of Mathematics / Bachelor of Economics Important Information It is your responsibility to ensure that you complete all the requirements for each component of this dual program in order to graduate with both degrees. The following information is designed to help you plan your enrolment to meet this goal. Program Requirements The Program Rules outline the requirements to complete the dual program and should be read in conjunction with the course list for each component of the dual program. The program rules are available on UQ’s Programs and Courses website for the program, under ‘Program Requirements’, and the course lists under ‘Component Degrees’. Program Guidelines Bachelor of Mathematics component: • Students without Queensland Senior Maths C (or equivalent) should complete MATH1050 before MATH1051. • Students must complete at least one major. Bachelor of Economics component: • Students must successfully complete all BEcon Part A courses, excluding ECON1050 and ECON1310. • Students must successfully complete either one major from Part B and 4 units from Part C, or 20 units from Part C, with at least 8 units at level 3. Exiting Early Students exiting early with one component of a dual degree must complete the single degree requirements of that component. Students will then be required to follow the single degree rules to complete the remaining component from that dual degree. Global Experience If you are planning on completing an overseas exchange, you may have to amend this plan. Students who would like an exchange experience in their program are encouraged to seek advice early in their program and be aware of the exchange deadlines: https://employability.uq.edu.au/global-experiences.