Business

The Meaning and Measurement of Economic Development

The Meaning and Measurement of Economic Development

Scope of the Chapter This chapter discusses the meaning, calculation, and basic indicators of economic growth and development; the classification of rich and poor countries; the price index problem; the distortion in comparing income per head between rich and poor countries; adjustments to income figures for purchasing power; alternative measures …

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INTERNATIONAL POLITICS AND INTERNATIONAL ECONOMICS

INTERNATIONAL POLITICS AND INTERNATIONAL ECONOMICS

Introduction Over the past thirty years, the study of international political economy underwent a remarkable resurgence. Virtually nonexistent before 1970 as a field of study, the international political economy is now a popular area of specialization for both undergraduates and graduate students, as well as the source of much innovative …

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What is one of the deadliest science jobs?

No one can predict exactly when a volcanic eruption will take place. There are clues, but no one knows exactly when. Sometimes a volcano will erupt when scientists are studying it. Volcanologists have a high fatality rate among scientists because forecasting eruptions is so difficult. Predicting Volcanic Eruptions Volcanic eruptions …

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What is Social Media Mining

What is Social Media Mining

Social media shatters the boundaries between the real world and the virtual world. We can now integrate social theories with computational methods to study how individuals (also known as social atoms) interact and how communities (i.e., social molecules) form. The uniqueness of social media MOLECULE data calls for novel data …

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Information Diffusion in Social Media

Information Diffusion in Social Media

In February 2013, during the third quarter of Super Bowl XLVII, a power outage stopped the game for 34 minutes. Oreo, a sandwich cookie company, tweeted during the outage: “Power out? No Problem, You can still dunk it in the dark.” The tweet caught on almost immediately, reaching nearly 15,000 …

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The Behavior of Gases and Liquids

The Behavior of Gases and Liquids

The principal goal of physical chemistry is to understand the properties and behavior of material systems and to apply this understanding in useful ways. The state of a system is specified by giving the values of a certain number of independent variables (state variables). In an equilibrium one-phase fluid system …

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